By Luisa Maria Jacinta C.Jocson,Reporter THE BANGKO SENTRAL ng Pilipinas (BSP) foresees that the nation’s balance of payment (BoP) position will shift to a deficit this year, alongside a broader current account deficit, primarily attributable to fluctuations in global trade. “The Philippine BoP position is anticipated to be less stable in 2025-2026 due to a decline in global trade and diminished investor confidence resulting from increased unpredictability in global trade regulations and geopolitical situations,” it stated in a declaration late on Monday. “However, the forecast still indicates ongoing growth in the domestic economy, bolstered by declining inflation and a more…
Autore: wsjcrypto
To start, happy new year! What an incredible year it has turned out to be. With a bit of fortune, we’ll exceed last year’s achievements with an even more remarkable year. It feels like ages since I last shared an update regarding my progress and that of the Go team, largely because of time constraints. I’ve been extraordinarily occupied and so many events have transpired these past two months that I’ve scarcely had a moment to reflect on it all. As you might already know, the audit is fast approaching, and my precious project (go-ethereum!) is soon to undergo a…
Reliable Editorial material, evaluated by prominent industry professionals and experienced editors. Ad Disclosure This year has been exceptionally challenging for Bitcoin and the wider cryptocurrency sector, influenced by adverse macroeconomic and political factors. Although BTC reached a new all-time peak of $109,000 earlier this year, the leading asset has faced considerable bearish pressure, resulting in a decline to approximately $76,000. Nevertheless, BTC has begun to exhibit upward movements, which analysts speculate could be indicative of a broader upward trend. Upcoming Major Movement Dependent on Chart Formation With Bitcoin showing positive momentum following its recovery above $87,000 again, a consistent trend…
The legal matter involving blockchain company Ripple Labs and the US Securities and Exchange Commission (SEC) may be nearing its conclusion following more than four years, pending court endorsement.As per a March 25 post on X from chief legal officer Stuart Alderoty, which may be “the final update on SEC v. Ripple ever,” the executive stated that Ripple will withdraw its cross-appeal against the SEC in the US Court of Appeals for the Second Circuit. A judgment from the US District Court for the Southern District of New York in August 2024 holding Ripple responsible for $125 million will essentially…
Ethereum’s weekly All Core Developer meetings can be overwhelming, hence this “Checkpoint” series strives to provide concise high-level insights with a planned frequency of every 4-5 meetings, depending on developments in core engineering. Refer to the first update here. Future updates will be published here on the Ethereum Foundation blog. Recent meetings have concentrated on testnet enhancements for Pectra in preparation for the Pectra mainnet fork, alongside simultaneous development of the forthcoming fork, Fusaka. Pectra Both prominent testnets, Holešky and Sepolia, experienced the Pectra fork, which unveiled configuration challenges demanding urgent resolution. The complications on both testnets pertained to their…
Reasons to Rely On Us Rigorous editorial standards emphasizing precision, significance, and neutrality Developed by field specialists and thoroughly evaluated The utmost benchmarks in journalism and publication Rigorous editorial standards emphasizing precision, significance, and neutrality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Circle has proclaimed its imminent launch of $USDC in Japan on the SBI VC trade cryptocurrency exchange. This positions $USDC as the inaugural and exclusive stablecoin formally sanctioned for the Japanese markets. This endeavor will be a partnership between SBI Holdings,…
WASHINGTON – Senior officials from the Trump administration inadvertently revealed military strategies in a messaging group that included a journalist just prior to the US’s assault on Yemen’s Iran-aligned Houthis, the White House stated on Monday, following a direct account by The Atlantic. Democratic legislators quickly criticized the blunder, labeling it a violation of US national security and a transgression of the law that requires congressional investigation. The Atlantic’s editor-in-chief Jeffrey Goldberg reported on Monday that he was unexpectedly added on March 13 to an encrypted chat group on the Signal messaging application named the “Houthi PC small group.” In…
In November, we conducted a brief survey for the Ethereum community to assist us in assessing our performance, identifying areas for enhancement, and determining how we can best connect with everyone as we approach the genesis block launch in March. We believe it is crucial for the community to engage not only with Ethereum but also among themselves, and we aim to provide new and captivating tools based on the insights from the survey. The survey was composed of 14 inquiries, divided into two categories: Ethereum as an “Organization” and Ethereum as a “Technology”. We received a total of 286…
The governor of Kentucky, Andy Beshear, has enacted a law known as the “Bitcoin Rights” statute, establishing safeguards for cryptocurrency users as legislation regarding Bitcoin reserves advanced in two additional US states.The cryptocurrency advocacy organization, the Satoshi Action Fund announced in a statement on March 24 via X that House Bill 701 secures the “right to self-custody, operate a node, and utilize digital assets” without “concern of discrimination.”Initially put forward to the Kentucky House by Representative Adam Bowling on February 19, HB701’s summary indicates it protects the ability to utilize digital assets and self-custody wallets while prohibiting local zoning modifications…
On March 24, two pivotal digital asset reserve legislations in Arizona advanced through Arizona’s House Rules Committee and are now set to be presented for a comprehensive vote on the House floor.If enacted, these bills could enable Arizona to create strategic reserves for digital assets, comprising current assets seized via criminal investigations along with newly allocated public resources.The Republican majority, holding 33-27 in Arizona’s House of Representatives, provides a favorable outlook for the passage of both bills. Source: Bitcoin LawsHowever, as per Bitcoin Laws, the ultimate obstacle may come from the state’s Democratic governor, Katie Hobbs, who has a track record…