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Among the actives, Ascendas REIT sank 0.64 percent, while CapitaLand Integrated Commercial Trust plummeted 1.42 percent, City Developments plunged 1.12 percent, Dairy Farm International tumbled 0.86 percent, DBS Group skidded 0.68 percent, Genting Singapore retreated 0.67 percent, Hongkong Land climbed 1.30 percent, Mapletree Commercial Trust lost 0.47 percent, Mapletree Logistics Trust tanked 0.95 percent, Oversea-Chinese Banking Corporation dropped 0.61 percent, SATS rose 0.24 percent, SembCorp Industries shed 0.54 percent, Singapore Airlines surrendered 0.79 percent, Singapore Exchange slid 0.30 percent, Singapore Press Holdings declined 1.03 percent, Singapore Technologies Engineering dipped 0.26 percent, SingTel advanced 0.81 percent, United Overseas Bank fell 0.39 percent, Wilmar International eased 0.24 percent, Yangzijiang Shipbuilding jumped 1.42 percent and Keppel Corp, Thai Beverage, CapitaLand and Comfort DelGro were unchanged.
What Is Bitcoin?
Bitcoin is a decentralized digital currency that you can buy, sell and exchange directly, without an intermediary like a bank. Bitcoinās creator, Satoshi Nakamoto, originally described the need for āan electronic payment system based on cryptographic proof instead of trust.ā Each and every Bitcoin transaction thatās ever been made exists on a public ledger accessible to everyone, making transactions hard to reverse and difficult to fake. Thatās by design: Core to their decentralized nature, Bitcoins arenāt backed by the government or any issuing institution, and thereās nothing to guarantee their value besides the proof baked in the heart of the system. āThe reason why itās worth money is simply because we, as people, decided it has valueāsame as gold,ā says Anton Mozgovoy, co-founder & CEO of digital financial service company Holyheld.
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