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Bitcoin buzz reverberates

Bangkok Post LogoBangkok Post11h ago

Bitcoin buzz reverberates - Bangkok Post

Quick Summary:

Bitcoin surged to a record high of US$106,000 following Donald Trump's US presidential election victory, reflecting a significant uptick in a cryptocurrency market long marked by volatility and recent downturns.

Thanet Tantipiriyakit, president of the Phuket Tourist Association, said the benefits of adding cryptocurrency as an alternative to fiat currencies such as the baht are still not clear enough to gain strong support from the business sector.

Phuket has been put forward as a candidate for the pilot project, which would enable cryptocurrency holders to spend their digital coins for transactions carried out within the province.


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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-23 @ 06:32:00 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 1595 words

Reading Time: 9 minutes read

Sentences: 68 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 24589583

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About Bangkok Post

Bangkok Post Logo

Main Topics: EconomyBusiness

Official Website: bangkokpost.com

Update Frequency: 11 posts per day

Year Established: 1946

Headquarters: Thailand

News Last Updated: 3 hours ago

Coverage Areas: Thailand

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #66

Publisher Details

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Bangkok Post is a fully independent (privately-owned) news outlet established in 1946 that covers mostly economy and business news.

The outlet is headquartered in Thailand and publishes an average of 11 news stories per day.

It's most recent story was published 3 hours ago.

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