Key Takeaways Bitcoin slid below $77,000 on Thursday following the U.S. Bureau of Labor Statistics’ PPI release. Bitstamp data show a drop to $76,651 as crypto derivative liquidations peaked at $562 million. Polymarket odds for a 25-basis-point Fed rate hike jumped to 63% ahead of the upcoming CPI report. PPI Surprise Sparks Sell-Off Bitcoin’s price…
Key Takeaways Brian Armstrong says bitcoin’s price likely hit bottom, even after getting smacked 3.3% Thursday. Coinbase prediction markets are on a tear, growing about 100% quarter over quarter. Armstrong sees bitcoin’s price grinding higher over the next 1-2 years as the halving gets closer. Bitcoin’s price has trended below the $77,000 range on Thursday,…
Key Takeaways MAKE Group launched a cross-chain bridging protocol on Casper to transfer regulated assets across EVM networks. The system preserves ERC-3643 rules for over $32 billion in tokenized real-world assets via T-REX Ledger. Apex Group plans to bring $100 billion in tokenized assets to T-REX by 2027 using AstralBeam messaging. Tackling the Cross-Chain Compliance…
Key Takeaways Bitcoin ETFs lost $120.24M on Wednesday, extending outflows to a second straight session. Ether, XRP, and solana funds gained as investors rotated away from bitcoin into altcoin exposure. Bitwise expects stronger Q4 ETF inflows as institutions widen crypto allocations. ARK Leads Outflows for Bitcoin ETFs The money kept moving, just not in bitcoin’s…
Key Takeaways BofA survey found 20% of Americans call sports betting an investment; 40% of Gen Z do. Across all generations, event contracts were seen as more investment-like than betting. Bettors recovered under 75 cents per dollar every month from January through July. A Perception Gap Matching Industry Positioning The survey ran from March 24…
Key Takeaways Thor Jensen found 97 sealed NES games, with PSA grading several above 9.6. PSA gave 1 game a perfect 10, while rare titles could fetch nearly $9,000 each. Jensen plans to auction the NES haul, with part of the proceeds going to charity. While clearing his grandfather’s storage in Waukesha, Wisconsin, store owner…
Key Takeaways Malone Lam pleaded guilty to participating in a RICO conspiracy. The network used deception and break-ins to drain crypto wallets. Members spent proceeds on cars worth up to $3.8 million and $500,000 nightclub nights. Malone Lam Admits Leading the Crypto Theft Enterprise Malone Lam, a 22-year-old Singaporean citizen and recent Miami resident, pleaded…
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Live trading for the 2026 King’s Cup Global Invitational (KCGI) is officially underway, pitting 37,148 participants across 1,347 teams against each other for a share of a $3 million USDT prize pool. For the first…
Key Takeaways Park was convicted of three wire fraud and two bankruptcy fraud counts. Prosecutors said he hid millions in crypto before claiming only $0.34. Sentencing is set for Dec. 10, with decades in prison possible. Crypto Fortune Disappears From Bankruptcy Filings A federal jury in Alexandria convicted Jihoon Park, 52, on Sept. 8 of…
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. The Philippine financial technology sector is taking its industry networking out of corporate boardrooms and onto running tracks and pickleball courts. FinTech Alliance PH has officially launched Sportstacular 2026, an ecosystem-wide wellness initiative supported by…
