Despite a turbulent week that saw record outflows from U.S. Bitcoin ETFs and the recent $19 billion liquidation event, shrinking exchange supply suggests the market may be poised for a rebound. Spot Bitcoin btc-3.02%Bitcoin ETFs in the U.S. saw total outflows of $1.23 billion last week amid continued market turbulence. Friday alone accounted for $366.6 million in outflows,...
The crypto investment landscape in the UK just took a significant step forward as British investors get access to Bitcoin through regulated markets. According to an October 20 CoinDesk report, BlackRock has launched its iShares Bitcoin Exchange-Traded Product on the London Stock Exchange under the ticker IB1T. This product allows retail investors to gain regulated exposure to...
Bitcoin price rose for the third consecutive day as traders remained optimistic about a trade deal between the U.S. and China and potential Federal Reserve interest rate cuts. Bitcoin btc-3.02%Bitcoin climbed to $111,000 for the first time since Oct. 16 and now sits 7.25% above its lowest point this year. It remains in a correction after falling about...
Jiuzi is transforming its billion-dollar treasury from a passive crypto holding into a revenue-generating engine by plugging directly into BitFi’s network of staking and arbitrage strategies. According to a press release dated Oct. 20, Nasdaq-listed Jiuzi Holdings has executed a strategic cooperation agreement with crypto platform BitFi. The deal grants Jiuzi full access to BitFi’s $2.75 billion ecosystem...
UK’s approval of Bitcoin ETPs for retail users is just the first step in institutional adoption, says Sygnum Bank CIO. The UK Financial Conduct Authority approval of Bitcoin ETPs marks growing institutional acceptance of Bitcoin as a legitimate asset class, says Fabian Dori, CIO of the Sygnum Bank. The executive at the first regulated digital asset...
Bitcoin price hovers near $107,000 as legacy wallets quietly sell into institutional demand, keeping prices range-bound despite rising activity. Summary Bitcoin trades sideways, hovering near $107K after a volatile week. Long-term holders continue selling into institutional inflows, limiting upside. Technicals stay neutral-to-bearish with resistance at $115K and support near $107K. At press time, Bitcoin was trading at...
KOTA KINABALU: An international conference on Borneo’s "Green Heart" on Wednesday and Thursday (Oct 22 and 23) will revolve around the theme "Advancing climate resilience, conservation and sustainable livelihoods". Organised by the Sabah Forestry Department, this two-day conference celebrates the Heart of Borneo (HoB), a trilateral initiative that unites Brunei Darussalam, Indonesia and Malaysia in conserving...
KOTA BHARU: The Kelantan police will proceed with the operation to demolish more than 100 illegal jetties along the Malaysia-Thailand border despite receiving various forms of provocation from certain parties in Thailand. Kelantan police chief Datuk Mohd Yusoff Mamat said the large-scale operation is scheduled to begin next Monday and will be carried out in stages...
A VIDEO of a multi-vehicle collision at a traffic light junction in Klang went viral on social media, capturing the dramatic moment of impact. The footage showed the chaotic aftermath of the accident that left several people injured at a busy intersection. Did a lorry plough into three other vehicles at a traffic light in Klang? Verdict: TRUE Four people...
MCA is deeply concerned about the challenges confronting businesses due to delays in tax refunds. The combination of global economic uncertainty, adjustments in tariff policies, and rising operational costs has placed corporate cash flow under unprecedented strain. We share the sentiment expressed by Datuk Ng Yih Pyng, President of the Associated Chinese Chambers of Commerce and Industry...
