Bitmine is facing criticism online over large unrealized losses tied to its Ethereum holdings, but Chairman Tom Lee says the claims misunderstand how an ETH-focused treasury strategy works. Bitmine Pushes Back on Claims of Massive Ethereum Losses A public debate has emerged around Bitmine Immersion Technologies’ ethereum holdings. An X user claimed Bitmine’s ETH position…
Bitcoin has slipped into a bear market danger zone, according to a new analysis showing medium-term holders falling into losses, a signal historically tied to rising downside risk and prolonged weakness rather than short-lived pullbacks. Bitcoin Crosses Bear Market Threshold as Key Holder Cohort Falls Into Loss A new market assessment signals heightened downside risk…
Disclaimer: This article is for informational purposes only and does not constitute financial advice. BitPinas has no commercial relationship with any mentioned entity unless otherwise stated. 📬 Get the biggest crypto stories in the Philippines and Southeast Asia every week — subscribe to the BitPinas Newsletter. For the first time in history, gold has surpassed…
People of Western nations will inevitably face massive asset seizure campaigns from their own governments as a new sovereign debt crisis emerges, according to Balaji Srinivasan. In a post on X, the former Coinbase CTO says that the global fiat system, especially dollar-based economies, is entering a sovereign debt crisis that will eventually force governments…
Disclaimer: This article is for informational purposes only and does not constitute financial advice. BitPinas has no commercial relationship with any mentioned entity unless otherwise stated. 📬 Get the biggest crypto stories in the Philippines and Southeast Asia every week — subscribe to the BitPinas Newsletter. In an economic landscape marked by inflation and fluctuating…
U.S. financial regulators are signaling a breakthrough in crypto oversight, moving toward coordinated supervision as Congress advances market structure legislation, a shift aimed at ending fragmented rules and bringing clarity to fast-growing digital asset markets. Project Crypto Begins as Agencies Brace for New Market Structure Law U.S. financial regulators advanced a coordinated approach to digital…
Disclaimer: This article is for informational purposes only and does not constitute financial advice. BitPinas has no commercial relationship with any mentioned entity unless otherwise stated. 📬 Get the biggest crypto stories in the Philippines and Southeast Asia every week — subscribe to the BitPinas Newsletter. If putting the national budget on the blockchain stops…
U.S. Treasury says Iran’s ruling elite are shifting large sums abroad, with reports of $1.5 billion routed to Dubai amid unrest and strike fears. U.S. Treasury Secretary Scott Bessent said that Washington is tracking a surge of capital flight by Iran’s ruling class as nationwide protests and threats of U.S. military action create alarm. According…
Disclaimer: This article is for informational purposes only and does not constitute financial advice. BitPinas has no commercial relationship with any mentioned entity unless otherwise stated. 📬 Get the biggest crypto stories in the Philippines and Southeast Asia every week — subscribe to the BitPinas Newsletter. When it comes to spotting scam projects or bad…
Fidelity Investments on Wednesday revealed plans to launch its own U.S. dollar-pegged stablecoin, marking a significant expansion of the asset manager’s digital assets strategy and its deepest move yet into blockchain-based payments. Fidelity Stablecoin Set to Compete With USDT and USDC Fidelity Investments said its forthcoming token, known as the Fidelity Digital Dollar (FIDD), will…
