Skip to main content

Posts

Showing posts with the label BTC

Featured Post

Market Daily Report: Bursa Malaysia Ends Nearly Flat As Construction Stocks Attract Buying

 KUALA LUMPUR, Sept 8 (Bernama) -- Bursa Malaysia closed almost flat on Tuesday as buying interest rotated away from index heavyweights towards smaller-cap construction stocks, with sentiment affected by geopolitical uncertainty, said an analyst. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 0.39 of a point to 1,714.40 from Monday’s close of 1,714.79. The benchmark index opened 1.65 points lower at 1,713.14 and moved between 1,710.44 and 1,714.50 throughout the trading session. The broader market was almost evenly balanced, with decliners leading gainers 548 to 546, while 598 counters were unchanged, 1,107 were untraded and 25 were suspended. Turnover expanded to 4.13 billion units valued at RM3.14 billion from 3.60 billion units valued at RM2.45 billion on Monday.

Crypto Markets Rally on Fed Rate Cut Bets; Ethereum Seen Heading Toward $10,000

Broad-Based Gains Across Majors Cryptocurrencies surged on Thursday, buoyed by investor expectations that the US Federal Reserve will cut interest rates next week.  Bitcoin (BTC)  jumped 1.46% to  $115,626.25 , climbing above the $116,000 level for the first time in nearly three weeks, while  Ethereum (ETH)  advanced 3.33% to  $4,516.40 , its highest in two weeks. Other major tokens also participated in the rally:  XRP  rose 1.95% to  $3.05 ,  Solana (SOL)  gained 2.96% to  $232.03 , and  Dogecoin (DOGE)  outperformed with a 5.88% jump to  $0.2610 . ETF Inflows and Market Sentiment Spot Bitcoin exchange-traded funds (ETFs) saw inflows of more than  $757 million  on Thursday — the largest since mid-July — further supporting risk appetite. The  Crypto Fear & Greed Index  flipped from “Neutral” to “Greed,” reflecting improved sentiment. Bitcoin’s market dominance slipped to  57.4% , whil...

BlackRock Advocates for Bitcoin Allocation in Multi-Asset Portfolios

BlackRock (BLK.US) , the world’s largest asset manager, is recommending a  1% to 2% allocation of Bitcoin (BTC) within multi-asset portfolios, as detailed in a report by the  BlackRock Investment Institute . The firm emphasizes that while Bitcoin can enhance diversification, exceeding the 2% threshold could significantly amplify portfolio risk. Key Insights : Bitcoin’s Role in Portfolios : A  1%-2% allocation  to Bitcoin offers a  risk-return profile comparable to the "Magnificent Seven" tech stocks  when integrated into a traditional  60/40 equity-bond portfolio . Bitcoin’s  low correlation with other assets  can provide diversification benefits, but its  inherent volatility mimics the risk of highly concentrated tech equity investments. Risk Management : Allocations exceeding  2%  may  disproportionately increase portfolio risk , underscoring the need for careful balancing. Historical Bitcoin drawdowns, ranging from...