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Joseph Rees

BSP Draft Rules Seek to Block QR Ph Workaround Used by Offshore Platforms

Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Foreign platforms, including crypto, prediction market, and web3 apps that rely on third-party aggregators to accept QR Ph payments could soon lose access to Philippine domestic payment rails under proposed regulations from the Bangko Sentral…

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Bitcoin Price Drops Below $79K Line as Longs Get Torched in $208M Rout

Key Takeaways Bitcoin briefly reclaimed $80,000 before slipping 1% back to $78,785 on Monday following sharp market moves. Derivatives liquidations topped $208 million across crypto, with long positions accounting for $119 million. Bitfinex analysts noted ETF inflows and Treasury yields will dictate whether BTC can break its $82,100 ceiling. Long Liquidations Outpace Shorts Bitcoin price…

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