In a recent analysis by JPMorgan, Bitcoin has surpassed gold in terms of investor portfolio allocation when adjusted for volatility. Nikolaos Panigirtzoglou, a managing director at JPMorgan, stated that Bitcoin’s (BTC) allocation is 3.7 times greater than that of gold, attributing this shift to the significant inflows into spot Bitcoin ETFs. Since the approval of these ETFs in...
The U.S. government’s holdings of 210,392 BTC worth $14.4 billion make the country one of the largest holders of the coin. The head of CryptoQuant, Ki Young Ju, noted that the U.S. Department of Justice, the Internal Revenue Service, and other departments have not sold a single Bitcoin (BTC) since July 2023. The government’s unrealized profits...
According to one options agency, declines in Bitcoin, Ethereum, and the total crypto market cap sparked short-term skepticism among traders. QCP Capital released a March 15 update pointing to volatility concerns in cryptocurrency markets as Bitcoin (BTC), the leading token, dropped below $66,000 for the first time in nearly two weeks. BTC was down over 5% in...
The home of former Hong Kong actress Bonnie Lai Suk Yin has been put on the market a month after her tragic demise. The luxury condominium where the celebrity – who’s reported to have taken her own life – was found, is being sold at HK$16mil (RM9.6mil). This is HK$10mil (RM6mil) below the current market value of...
PETALING JAYA: An apology note pertaining to the controversial socks issue has been put up at KK Super Mart outlets nationwide. Apart from saying sorry for the mistake, the message also lays out the convenience store chain’s next course of action in dealing with the matter. The note is displayed on large electronic signboards or on the...
PETALING JAYA: Universiti Teknologi Mara (UiTM), the Finance Ministry and the Higher Education Ministry have been given two months to respond to the Public Accounts Committee (PAC) on rectifying identified weaknesses, including UiTM’s purchase of shares worth RM259.98mil without approval. This was among the recommendations made by the bipartisan parliamentary oversight committee following its probe into...
JOHOR BARU: The controversy around socks sold at the convenience store chain KK Super Mart is an opportunity for understanding, says Johor Umno Youth chief Noor Azleen Ambros. “In the KK Mart issue, if we give them the benefit of the doubt, if we try to think well and can accept that it was a genuine...
SHAH ALAM: A foreigner was stabbed to death after drinking orange juice that was meant for his co-worker's buka puasa. Shah Alam OCPD Asst Comm Mohd Iqbal Ibrahim said the incident occurred at around 7.20pm on Tuesday (March 19). "A man called us to inform us about the incident which occurred at a factory workers' hostel at...
PUTRAJAYA: While action should be taken over the controversial socks issue, the country should not dwell over the issue, says Datuk Seri Anwar Ibrahim. The Prime Minister said leaders and the public should not drag the issue further and should instead focus on other important matters. "My stance is clear. There are reports, lines were crossed and...
PUTRAJAYA: The Education Ministry’s measure to separate pupils into a three-month intervention programme has sparked concerns among parent groups that fear it may lead to pupils feeling singled out and stigmatised. Melaka Action Group for Parents in Education (Magpie) chairman Mak Chee Kin said segregating pupils who have yet to master the 3M skills – reading,...
