Key Takeaways Citing system costs, the Bank of Russia wants Visa and Mastercard to fully exit as their market share dropped below 17%. As cashless payments hit 88%, Ilya Grashchenkov expects a calm, disruption-free market shift. Experts point out that Russia will calmly transition users to its Mir system, which issued 476.5M cards by Jan…
Global cryptocurrency exchange Binance is officially entering the Philippine via a partnership with a local fintech firm. Announced Tusday, Binance said it will have a partnership with local fintech firm BlockShoals Technologies Inc. to operate within the Securities and Exchange Commission (SEC) Strategic Sandbox framework. Under the agreement, BlockShoals will act as the approved local…
Key Takeaways Meltem Demirors argued on Fox Business that spot ETFs triggered an institutional identity crisis. Purists fear Wall Street asset managers stall utility, leaving bitcoin as just a speculative risk asset. Up next: Crypto may shift to serve as infrastructure for AI or continue backing economic lifelines in the Global South. The Institutional Paradox…
The Philippine Securities and Exchange Commission (SEC) has issued a cease and desist order against BG Wealth Sharing Ltd. and its listed founder, Stephen Beard, for the unauthorized solicitation of investments. The order, finalized on May 20 by the regulator’s Enforcement and Investor Protection Department (EIPD), commands the entity to immediately halt the sale of…
Key Takeaways Arthur Hayes targets $125K bitcoin by December 2026, citing returning liquidity and Fed policy shifts. Bernstein analysts set a $150K–$200K end-2026 target, pointing to exchange-traded fund (ETF) flows and institutional adoption. Peter Brandt warns of a potential $40K–$60K bottom by fall 2026 before a cycle peak near $500K in 2029. Others echo this…
The Securities and Exchange Commission (SEC) has ordered cryptocurrency platform Riscoin and its associated entities to immediately cease and desist from soliciting investments and selling unregistered securities in the Philippines. The order, issued by the SEC Enforcement and Investor Protection Department (EIPD) on May 14, 2026, targets Riscoin, Riscoin Exchange, Riscoin Trading, League of Seagull…
Key Takeaways Robert Kiyosaki connected Iran’s yuan oil payments to renewed concerns about dollar stability. Oil settlement is critical because energy markets help sustain global demand for dollars. Traders may focus more on debt, sanctions, reserves, and bitcoin alternatives. Kiyosaki Predicts Dollar Pressure From Yuan Oil Trade Robert Kiyosaki raised a stark warning about the…
Pasig City Mayor Vico Sotto issued a public warning on May 17, 2026, clarifying that the local government unit (LGU) has no existing programs involving cryptocurrency or digital wallets. The announcement followed reports of unauthorized individuals posing as LGU staff to collect personal information from residents in Centennial 2, Barangay Pinagbuhatan, in exchange for digital…
Key Takeaways Wallet 0xfa93 is offloading 5.41M UNI and 228,704 COMP bought for $62.83M in July 2025, down $39.7M. The whale deposited 2.705M UNI ($9.23M) and 114,352 COMP ($2.31M) into Binance on May 25, 2026. UNI is trading close to $3.40 today, roughly 64% below the whale’s $9.52 entry price from 10 months ago. A…
Key Takeaways Bitcoin ETFs lost $1.26B, led by Blackrock IBIT’s massive $1B outflow. Ether ETFs shed $216M, while XRP and solana gained $22M and $15.6M, respectively. HYPE ETFs drew $72.4M as investors rotated into alternative crypto growth narratives. HYPE ETFs Pull $72M as Investors Rotate Away From Bitcoin and Ether The contrast across digital asset…
