Bitcoin Clings to 20K USD
Bitcoin managed to claw its way to a meaningful round level early in the week, trading at $20,400 on Tuesday morning (+2.8% in 24 hours)
Business | August 30, 2022, Tuesday // 11:52
Australian Macquarie Bank Eyes Bulgaria BTC Owner -Report
Business | May 10, 2009, Sunday // 13:43
- Tweet
Send to Kindle
A detail of 'Macquarie Bank Limited' logo is seen in central Sydney. Photo by EPA/BGNES
Macquarie Group, Australia's biggest investment bank, is bidding for an AIG fund unit, whose subsidiary is majority owner of Bulgaria's former state-owned telecom BTC, Bloomberg agency reported, citing insiders.
Macquarie is among several firms pursuing AIG Investments, a New York-based fund manager put up for sale in January, said people with knowledge of the matter.
AIG and Macquarie spokesmen have refused to comment the report. No statement has been made so far by the representatives of AIG Investments in the Bulgarian Telecommunications Company BTC.
AIG expects to sell the unit for as much as USD 500 M with about USD 100 B under management, the insiders said.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
Related Articles:
Bitcoin with its Highest Value in the Last 2 Months
The cryptocurrency Bitcoin hit its highest value in the last 2 months, on expectations that US inflation data which are below-forecast, will slow the tightening of the US Federal Reserve's (FED) monetary policy
Business | August 12, 2022, Friday // 10:48
Bitcoin Settles at $21K ahead of FOMC
Bitcoin is clinging to the $21,000 level, having changed little in the past 24 hours, while Ethereum is adding 1.7% overnight to $1450
Business | July 27, 2022, Wednesday // 16:05
Cryptocurrencies Rise after Equities
Bitcoin is up around 1% in 24 hours to $20,400. Ethereum added 3.2%, while other top 10 altcoins gained between 0.7% (Dogecoin) and 2.8% (XRP). Buyers have braced themselves on the back of positive stock indexes despite the strengthening Dollar.
Business | July 7, 2022, Thursday // 12:28
Bitcoin's rise following Markets; Altcoins' Progress
Bitcoin rose 1.4% on Tuesday, ending the day around $41,300 and remaining near that mark on Wednesday morning. Ethereum added 1.3% to $3080 in the last 24 hours, XRP corrected 0.9% to 0.766, and other top ten altcoins gained 0.7% (BNB) to 4.9% (Terra).
Business | April 20, 2022, Wednesday // 17:12
Bitcoin Rises on Capital Flight from Bonds
BTC rose 3.5% on Tuesday. At the peak of the day, the rate exceeded $43.2K, but by Wednesday morning it rolled back to $42K, demonstrating a 0.7% correction. Ethereum is losing 1% over 24 hours, while other leading altcoins from the top ten showed mixed d
Bulgaria and Ukraine Forge Economic Ties: Trade Reaches $3 Billion
Trade relations between Bulgaria and Ukraine have reached unprecedented heights, with bilateral trade hitting a record 3 billion USD in 2022, according to statements made during the recent Bulgarian-Ukrainian business forum
Business | April 25, 2024, Thursday // 14:23
Bulgarians' Real Estate Investments Reach 59 Countries
As of 2022, the count of fellow countrymen who purchased real estate overseas reached 2,154, based on data from the National Revenue Agency referenced by "Telegraph"
Bulgaria's Euro Adoption Likely Postponed: Entry Date Shifts to Second Half of 2025
Bulgaria's long-anticipated entry into the Eurozone may face a delay, as the country is unlikely to meet the inflation criterion required for the introduction of the euro on January 1, 2025
FlixBus Expands Routes from Bulgaria: New Connections to Thessaloniki, Athens, and More
FlixBus, the renowned European bus company, is set to launch new routes to and from Bulgaria in anticipation of the summer season
Russian Forces Capture Strategic Village of Ocheretyne in Donetsk Region
In a significant development, the Russian army has seized control of the pivotal village of Ocheretyne in the Donetsk region of Ukraine, a strategic location crucial for Ukrainian defense efforts
Business | April 24, 2024, Wednesday // 16:10
Bulgaria Sees Surge in Lamb Prices as Retail Costs Rise
The price of retail lamb in Bulgaria has surged by 8.4% on an annual basis, according to statistics released by the Ministry of Agriculture and Food, with data sourced from SAPI indicating an average price of BGN 25.27 per kilogram as of April 10
