KUALA LUMPUR, July 29 (Bernama) -- Bursa Malaysia rebounded to close higher on Wednesday on selective buying of defensive stocks after a volatile trading session. IPPFA Sdn Bhd director of investment strategy and country economist Mohd Sedek Jantan said consumer products and services stocks lifted the key index higher, overcoming lingering geopolitical concerns. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 3.08 points to 1,715.56 from yesterday’s close of 1,712.48. The benchmark index, which opened 1.91 points higher at 1,714.39, moved between 1,710.79 and 1,720.59 during the day’s trading. In the broader market, gainers outstripped decliners 550 to 476, while 612 counters were unchanged, 1,129 untraded, and 48 suspended. Turnover rose to 2.96 billion units valued at RM2.48 billion from 2.94 billion units valued at RM2.56 billion on Tuesday.
As regulatory clarity around digital assets and stablecoins increases, Ethereum ($ETH) is emerging as one of the most resilient and investible blockchain infrastructures — not only for developers and users, but also for institutional capital. With over 50% of global stablecoin traffic now running through Ethereum and the rise of BlackRock’s Ethereum ETF plans , it's time investors understood the forces behind Ethereum’s unique economic engine. Ethereum as a Business: Users, Workers, and Stakeholders Ethereum functions like a self-sustaining global enterprise : Users (individuals, institutions, dApps) generate network revenue by paying Gas Fees . Validators (formerly miners) provide labor by verifying transactions and are compensated in ETH. Token holders act like shareholders , owning a stake in Ethereum's future. This model allows analysts to apply traditional valuation frameworks like...