Key Takeaways Bitcoin surged past $81,000 as rumors of U.S. Treasury bond buybacks fueled a broader market rally. Coinglass recorded $282 million in bitcoin short liquidations, driving 62% of crypto market margin wipes. Investor Stanley Druckenmiller warned Treasury Secretary Scott Bessent that yield capping risks market trust. Short Sellers Squeezed for $282 Million in Liquidations…
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Predictive artificial intelligence and high-resolution spatial mapping are receiving a major financial boost as the Philippine government moves to modernize its national flood early-warning network. For flood-prone communities and municipal planners, the upgrade aims to…
This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The Miner Mag) provides news, data, and insights on the energy–compute–markets nexus. The collapse left little to show for what had been intended as Tether’s testing ground for a broader expansion across South America. It also…
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Civil society organizations and Philippine web3 organizations have launched a joint signature campaign urging the House of Representatives to immediately pass the Citizen Access and Disclosure of Expenditures for National Accountability (CADENA) Act during the…
Key Takeaways Eligible non-U.S. users can access major tokenized U.S. stocks. Each B20 token represents a claim on a share held in custody. Chainlink feeds support trading, lending, and collateral pricing. Coinbase Brings Major US Stocks Onchain Eligible investors outside the United States gained onchain access to tokenized shares in several major U.S. companies on…
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Search queries for “MEXC” on the Philippine Google Play Store no longer return the official trading application, marking the platform’s complete disappearance from major mobile storefronts in the country following its prior removal from Apple’s…
Key Takeaways The U.S. launched Operation Economic Outcast to cripple Iran’s economy by heavily targeting its digital assets. The Treasury sanctioned an Iranian cyber group for crypto heists and threatened to cut off global enablers. Countries like China and Russia face strict deadlines to stop Iran-related activities or risk U.S. sanctions. U.S. Treasury Targets Iranian…
Key Takeaways Developing economies increasingly rely on USDT for commerce and hedging against failing local currencies. Reports indicate Venezuela used stablecoins for oil exports, while Bolivia evaluates legal integration. This widespread adoption has propelled Tether’s market capitalization past the $180 billion mark. Tether Highlights Developing Countries’ Heavy Reliance on USDT Stablecoins have become a key…
Key Takeaways Bitmine bought 32,447 ETH last week, lifting holdings to 5.85M ETH. Ethereum’s price surged 30% as Bitmine staked 5.06M ETH, boosting its annualized yield outlook to $330M. Bitmine is nearing its 5% ETH target, with staking rewards potentially reaching $381M a year. Tom Lee Says 30% ETH Weekly Gain Could Signal a Bigger…
Key Takeaways Trader bowen1476, hasn’t posted a winning short since a 700 BTC trade in May 2026. Bitcoin’s 22% weekly rally, tied to Treasury bond buybacks, has squeezed short sellers since August 19. The new 40x short on 300 BTC needs bitcoin to fall back under its $77,100 entry to turn a profit. An Embarrassing…
