bitcoin hitting record highs, the continuation of a rally that has been building for a couple of months. there are a couple of factors the mainstreaming of bitcoin. you may recall earlier this year regulators in the us open and investing opportunities attached to crypto currencies to more investors, and since then funds have been pouring into that. there was a report that huge figures have been raised. that has definitely increased things on the demand side. on the supply side, there is a 0n the supply side, there is a process called halving, part of the bitcoin protocol, only a certain number are issued, and once every four years, a reward for bitcoin miners, that number decreases. that may also have an impact on what investors think the supply will be. all of this i think you can safely say is leading to that craze for laser eyes, the meme that bitcoin fund is used when they are feeling optimistic about it. ~ . ., they are feeling optimistic about it. we will come back to
the boss of shipping giant maersk has told the bbc why the waterway is so important to global trade. our intention back to tylenol. one of the first things the winning party will need to deal with after the election, is to answer this question how to deal with china? in the lead up to the polls, the world s second largest economy has warned of the extreme danger of electing a frontrunner from the ruling democratic progressive party, while the opposition kuomintang is viewed as being more friendly with beijing. china taiwan s biggest trading partner, also claims the self ruled island as part of its own territory. for clues on how this will play out after the weekend s results let s bring in lev nachman assistant professor in political science at the local national chengchi university. do you see any electoral outcome that would change china by xhaka there is the us? if they can see when the election there is a reset chance of dialectic between taiwan and the prc. it wi
the park will remain closed on wednesday. managers have expressed their condolences. now on bbc news, all the latest business news live from singapore. australia logs a decade of budget deficits, putting its aaa credit rating at risk. soars to an all time high, adding $1 million to its market value bitcoin soars to an all time high. it is wednesday. glad you could join us for this midweek edition of asia business report. i am rico hizon. australia s budget is expected to be in the red until at least 2021, and markets are down. as you can take a look at the market boards, the asx 200 has fallen nearly one third of a percent in early trade. late on tuesday the government announced a huge infrastructure spending plan worth $55 million infrastructure spending plan worth $55 million $55 infrastructure spending plan worth $55 million $55 billion and the stimulus is expected to create thousands of jobs stimulus is expected to create thousands ofjobs across the country but
For those who don't know, XRP gained prominence at the end of last year, when it reached the value of US $ 3.31, a spectacular gain of 51,000% since the beginning of 2017. With this, XRP became the third digital currency with greater market capitalization, according to the market ranking. Are you interested in negotiating?
The price of Bitcoin (BTC) has been steadily incresats cryptoasing over the past few days, with a current price of around $41,000. However, the dominance of Bitc