Headlines

What Does It Mean for Bitcoin Miners?

The injection came after a painful crash in the local tech markets. China has launched one of its largest market interventions in years, funneling $2 billion worth of yuan into equities and ETFs tracking semiconductor companies among other tech firms. The move follows a steep correction in Chinese tech stocks, which came to a…

Read More

Is $70K Next After BTC Broke Above $66K?

Bitcoin is attempting to extend its recovery after rebounding sharply from the June lows. The asset is now pressing into an important confluence of resistance, where a descending trendline aligns with a major supply zone. While buyers have regained short-term momentum, the coming sessions will determine whether this move develops into a broader trend reversal…

Read More

Interactive Brokers Restricts Stablecoin Deposits for Philippine Retail Investors

Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. International online trading platform Interactive Brokers (IBKR) has officially suspended stablecoin deposit services for clients residing in the Philippines. The decision, communicated via direct email notifications to Philippine account holders, comes amid strict local regulatory…

Read More

Bitcoin price rejected at $67K as U.S.-Iran war drives oil higher

Bitcoin price has retreated from nearly $67,000 after escalating U.S.-Iran hostilities pushed oil prices higher and tempered optimism created by progress on the CLARITY Act. Summary Bitcoin pulled back after briefly touching $66,965 as sellers defended the $67,000 resistance level. CLARITY Act progress, ETF inflows and short liquidations fueled BTC’s rapid advance. Rising oil prices…

Read More