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Joseph Rees

Bitcoin and Ether ETFs Attract $286 Million as Blackrock Funds Spark Broad Recovery

Key Takeaways Bitcoin ETFs gained $265.69M, led by Blackrock’s IBIT with a $209.40M inflow. Ether, HYPE and solana ETFs rose, signaling broader institutional demand returning. Sosovalue says the next test is whether July inflows can sustain a weekly reversal. Bitcoin, Ether, HYPE and Solana ETFs All Gain as Crypto Flows Turn Positive The crypto exchange-traded…

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Bitcoin Bottom Signal Last Seen at FTX Collapse Flashes as Saylor’s Strategy Dumps 3,588 BTC

Key Takeaways Cryptoquant said bitcoin’s realized P/L ratio hit -0.35, its lowest reading since December 2022 after FTX fell. The signal flashed as Strategy sold 3,588 BTC for $216 million and bitcoin rebounded above $64,000 on July 7. Swan Bitcoin’s Adam Livingston noted similar discounts preceded 41% six-month and 81% one-year returns. A Loss Gauge…

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Binance vs. PSE? Stock Exchange Won’t Just Give Up Retail Investors to Global Crypto Exchange — PSE CEO

The Philippine Stock Exchange (PSE) will change its strategy to make stock investing easier and attract everyday investors following the return of cryptocurrency exchange Binance. PSE President and CEO Ramon S. Monzon stated that the stock market must become more competitive to protect its share of local investment funds, InsiderPH reported. The announcement follows the…

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Yield Guild Games to Sunset Web3 Publishing Arm YGG Play, Pivot to AI Data Economy

Yield Guild Games (YGG) announced that it will sunset its web3 game publishing business unit, YGG Play, by August 1, 2026, following a prolonged crypto market downturn. The organization will redirect its resources toward the artificial intelligence (AI) data economy while maintaining its core blockchain ecosystem and the YGG token, according to a company statement….

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UnionBank Waives InstaPay Person-to-Person Transfer Fees Starting July 7

Union Bank of the Philippines (UnionBank) will eliminate transaction fees for real-time person-to-person fund transfers through the InstaPay network starting July 7. The Aboitiz family-led lender announced the policy update through an official advisory, joining other commercial banks that have recently lowered digital transfer costs. According to the bank, the zero-fee InstaPay feature adds to…

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South Korea’s Supreme Court Expands Bitcoin Seizure Powers, With October Rollout Set to Speed Claims

Key Takeaways South Korea’s Supreme Court announced draft civil enforcement rules to systematically seize and freeze bitcoin. The rules allow courts to convert illiquid tokens into highly liquid assets to stabilize the crypto market. The National Court Administration will collect public opinions until Aug. 11 ahead of an October rollout. New Rules on Asset Seizure…

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LANDBANK Waives InstaPay, PESONet Transfer Fees Starting July 7

State-run Land Bank of the Philippines (LANDBANK) has eliminated transaction fees for retail online fund transfers via InstaPay and PESONet effective July 7. The state-owned lender announced that the zero-fee policy applies to transactions executed through its online retail channels, including the LANDBANK Mobile Banking App and iAccess. According to a company statement, the waiver…

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