Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. The Bangko Sentral ng Pilipinas (BSP) will not draw down its foreign currency reserves to artificially defend a ₱60 exchange rate against the US dollar. The policy stance comes as the Philippine peso breached the…
Key Takeaways California leads the estimates with 9.5 million crypto holders. The map covers all 50 states, Washington, D.C., and 435 districts. NCA-commissioned research estimates that crypto supports 231,845 U.S. jobs and $30.8 billion in income. Interactive Map Tracks Crypto Holders Across the US An interactive map estimates where 67 million American crypto holders live,…
Key Takeaways Coinglass metrics show bitcoin futures open interest at $54.82B, with Binance holding $11.24B. Deribit options hold 288,409.93 BTC in calls, giving bulls 60.89% of open interest. Deribit, Binance and OKX show Sept. 25 max pain near $70K-$73K, putting downside in focus. Across major futures venues, 695,020 BTC in open interest translates to $54.82…
Key Takeaways Solana (SOL) climbed roughly 46% in August, snapping a brutal ten-month monthly losing streak. Charles Schwab plans SOL access across a platform serving roughly 39 million accounts. Solana’s Transaction V1 lands Sept. 9 as its aggressive upgrade schedule rolls forward. The token traded near $106 on Sunday afternoon after touching $110.38 on Aug….
WEEK IN REVIEW Key Takeaways Charles Schwab added SOL, AVAX and LINK as its $13T crypto push expands beyond BTC and ETH. Circle minted 5B USDC in 1 week, signaling stronger liquidity as stablecoin supply rebounds. Coinbase and Better launched BTC mortgages after a waitlist projected over $260M in demand. $13T Asset Manager Charles Schwab…
Key Takeaways Sberbank plans to accept bitcoin, ether, and tether as loan collateral. The expansion depends on Russia’s new crypto rules taking effect. Sber previously conducted a crypto-backed loan pilot with Intelion. Sberbank Plans to Expand Crypto-Backed Lending Sber, Russia’s largest bank, majority-owned by the government, plans to accept bitcoin, ether, and tether as collateral…
Key Takeaways Bitcoin hit $78,960 Sunday, gaining 1.5% as buyers challenged the $79,000 resistance zone. Coinglass logged $75.71M in crypto liquidations, while bitcoin open interest held at $54.83B. Bitcoin traders eye $81,000 next as September brings the Fed meeting and possible CLARITY Act action. Bitcoin Reclaims Ground After Recent Pullback Presently, at 10:10 a.m. Eastern…
Key Takeaways Saylor’s cryptic post renewed speculation about a bitcoin purchase. Strategy held 840,447 BTC after pausing transactions for two weeks. Its $1.59 billion USD Cash account may finance bitcoin purchases. Saylor Revives Strategy’s Bitcoin Purchase Mystery Speculation over a renewed bitcoin purchase emerged Sunday after Strategy Inc. (Nasdaq: MSTR) Executive Chairman Michael Saylor posted…
Key Takeaways Isabel Schnabel believes that the ECB must bring its reserves onchain. Project Pontes is due to launch in September 2026, syncing TARGET Services with DLT platforms. Project Appia targets a full tokenized-market blueprint for Europe by 2028. Schnabel’s Pitch Isabel Schnabel didn’t mince her words, stating unequivocally that stablecoins lack “the independent capacity…
Key Takeaways Pablo Hernández de Cos flagged four failures in stablecoins during his Jackson Hole address. Global stablecoin supply has climbed to $308B as of this month. De Cos urged central banks to prioritize tokenized deposits over stablecoins as part of his commentary. A Blunt Verdict From Basel The BIS is the institution central bankers…
