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Global Markets
Bitcoin’s Trump-inspired rally is bad news for Korean small-caps
“Because the Kosdaq market is doing terribly, people are heading to the coin market.” Trading activity on Korean crypto exchanges now outstrips volumes for the benchmark Kospi stock index.
11 hours ago
Cryptocurrency
Bitcoin resumes advance, rekindles US$100,000 milestone optimism
Since the election, Bitcoin has risen around 40% as traders anticipate a more friendly regulatory environment for crypto with a president who has said he supports the industry.
12 hours ago
Cryptocurrency
Bitcoin retreats from US$100,000 in worst spell since Trump’s win
“People have been looking for an excuse to take some profits... We’re still very confident the current bullish market sentiment will continue into 2025.”
2 days ago
Cryptocurrency
Bitcoin’s rally stalls after nearing historic US$100,000 level
“Investors are worried it will have to take a breather now that it has basically tested the US$100,000 level.”
3 days ago
Cryptocurrency
Bitcoin flirts with US$100,000 on optimism over US crypto outlook
The largest digital asset traded at US$98,344 as of 6.02am Friday in New York after earlier hitting a record US$99,505.
6 days ago
Cryptocurrency
Bitcoin hits record US$95,000 as crypto seeks direct line to Trump
The largest digital asset rose about 2% in the US on Wednesday and extended the advance early in Asia on Thursday to a record high of US$95,004.
7 days ago
Cryptocurrency
Asia crypto hotspots gain from US$800 bil rally led by US
A record-breaking crypto rally born in the US is leaving its mark on Asia, including a jump in the value of Bitcoin held by Bhutan to more than US$1 billion ($1.34 billion).
8 days ago
Cryptocurrency
Asia crypto hotspots gain from US$800 billion rally led by US
Bhutan’s Bitcoin hoard has risen over US$200 million to US$1.1 billion, equal to 36% of its GDP
8 days ago
Cryptocurrency
MicroStrategy’s US$26 bil Bitcoin cache is larger than IBM, Nike cash holdings
The Nasdaq-listed company has become the largest publicly traded corporate holder of the digital currency.
11 days ago
Cryptocurrency
Bitcoin rally cools after more than 30% jump since Trump victory
Bitcoin briefly exceeded US$90,000 on some trading venues on Tuesday, such as Coinbase Global Inc’s platform, but the surge has since come to a pause.
15 days ago