Joseph Rees

Man Hid Millions in Crypto, Then Claimed Just $0.34 in Bankruptcy

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…

FinTech Alliance PH Launches Sportstacular 2026 Sports Initiative with BSP and Banking Partners

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…

No Anthropic Stock Exists, but Crypto Traders Just Priced It at $2T

Key Takeaways Binance is using a 1 billion-share estimate to work out the AI company Anthropic’s implied valuation. At press time, ANTHROPIC stands over $2 trillion. Anthropic warned back in May that unauthorized SPV stock transfers are void and could…

Visa Stablecoin Settlement Tops $20 Billion as Card Volume Surges

Key Takeaways Visa stablecoin settlement topped a $20B annualized run rate, with 160+ card programs live. Onchain credit cuts financing costs by up to 30% and enables 7-day card settlement. Visa-linked lenders seek to scale working capital fast enough to…

Cut off From Global Finance, Iran Turns to Bitcoin and Tether

Key Takeaways Iran’s crypto activity hit roughly $10 billion in 2025 as trade is increasingly moving onchain in 2026. CCAF puts Iran at 0.12% of global bitcoin hashrate, far below Elliptic’s 4.5% estimate. Bessent’s Aug. 24 Operation Economic Outcast puts…

Grayscale Drives $47M Bitcoin Outflows as XRP Funds Gain $1.55M

Key Takeaways U.S. bitcoin ETFs lost $46.65M on Tuesday, while XRP funds alone posted $1.55M in inflows. Broad ETF outflows signaled reduced crypto risk appetite after last week’s stronger institutional demand. Investors will watch whether the rest of the week…

Bitcoin Price Steadies at $78K Despite $6B Treasury Action

Key Takeaways Bitcoin fluctuated between $78,300 and $79,650 on Wednesday following a U.S. Treasury $6 billion debt buyback. Flat price action triggered $59 million in bitcoin liquidations and $223 million across the crypto market. Analysts expect larger U.S. Treasury buybacks…

Bitcoin Price Stalls at $79K as US-Iran Strikes Shake Oil Markets

Key Takeaways On Sept. 8, U.S. Central Command destroyed 5 Iranian oil carriers following attacks on American Navy warships. Brent crude breached $100 per barrel for the first time since July 2, sending European stock down. Stalled diplomacy and threats…

Bitcoin Price Roars Back From $77,603 as Bulls Eye $80,000

Key Takeaways Bitcoin’s price rebounded from $77,603 and traded above $79,000 on Sept. 9. Bitcoin’s daily gauge showed 16 bullish readings, nine neutral signals and one bearish reading. Bitcoin must confront $79,742, while $77,603 remains the key downside risk level….

Get Ready for Friday as This Bitcoin Price Swing Pattern Gets Tested

Key Takeaways U.S. economic data has been moving bitcoin price more than Fed decisions themselves. Friday’s CPI report could set the tone for bitcoin ahead of next week’s Fed decision. Thin trading and subdued derivatives activity could amplify bitcoin price…