Joseph Rees

Fidelity Isn’t Calling a Bottom yet Despite Bitcoin Price Rally

Key Takeaways Fidelity’s Chris Kuiper says bitcoin may have bottomed in July but a November 2026 low is still possible. Bitcoin trades near $81,000 after a 30% one-month gain, while U.S. spot ETFs took in $731 million on Sept. 3….

UK Parliament Preps Crypto Donation Ban in New Election Bill

UK Government to Deal With Political Cryptocurrency Donations The UK Parliament is ready to tackle the issue of cryptocurrency donations in Elections after its summer recess, and it might enshrine the current ban on these as part of the Representation…

Hungary Moves to Abolish Regulator Behind Controversial 35-Year Casino Deal

Key Takeaways The SZTFH extended Sopron’s casino concession to 2061 without a public tender in July. Hungary’s new government ordered a report by Sept. 30 on how to terminate the regulator. Magyar said Sept. 3 the government will legislate to…

How to Get a Valid Philippine National ID Today Without Waiting Months for Card Delivery

Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Opening a bank account or applying for a passport in the Philippines used to mean holding off until you receive…

Bitcoin

Tokenized Gold Explored as Collateral for SOL Staking

Key Takeaways Flowra and KorDA signed a MOU to use KGLD gold-backed tokens as Solana validator collateral. The move targets a growing tokenized gold sector that has reached a market capitalization over $6 billion. In 2026, Flowra and KorDA will…

Zcash Price Spike Fuels Massive Mining Profits and Hashrate Boom

Key Takeaways ZEC clocked $979 on Sept. 3, logging a significant 88.1% gain over the past 30 days. Zcash hashrate is sitting at 91% of its record as a great deal of mining power pours in. Bitmain’s Z15 Pro makes…

500 Million XRP Leave Binance as Reserves Hit Early 2024 Low

Key Takeaways Binance’s monthly XRP reserves declined from 3.1 billion to 2.6 billion. The reserve average has returned to a level last seen in February 2024. Self-custody and ETF demand are possible, but unconfirmed, drivers. Binance XRP Reserves Fall to…

Grayscale and A16z Fight Jane Street and Schwab Over Crypto ETF Speed

Key Takeaways Grayscale and CCI back confidential filing options to reduce copycat crypto ETF filings. A16z push for faster ETF reviews, while A16z says speed should not mean lighter scrutiny. The SEC’s decision could shape how quickly new crypto ETFs…

SWIFT Services Provider Taps Chainlink to Bring 600 Banks Onchain

Key Takeaways Bottomline connects Chainlink technology to a network serving 600-plus banks. Chainlink targets friction in a Bottomline ecosystem processing $16 trillion yearly. Chainlink and Bottomline face a key test as tokenization heads toward $16 trillion by 2030. Bottomline Brings…

Bitcoin Price Stalls Below $83K as $14B Options Expiry Nears

Key Takeaways Bitcoin’s price topped $80,000 on Aug. 27, then slipped toward $76,000 as the short squeeze faded. The price reached $81,364 today on Sept. 3. Rising U.S. 10-year yields and slow ETF turnover are keeping bitcoin pinned below $83,000-$86,000….