By Kenneth Christiane L. Basilio, Reporter THE US military on Saturday stationed its sophisticated anti-ship missile system in the northern Philippines for tactical drills as part of the annual Balikatan (shoulder-to-shoulder) war exercises, the Philippine military reported on Sunday. The US Marine Corps transported the Navy-Marine Expeditionary Ship Interdiction System (NMESIS) via a C-130 cargo aircraft to a secret location in northern Luzon, where it is set to engage in military practices within Cagayan and Batanes provinces, according to the Armed Forces of the Philippines. “The NMESIS offers the combined and joint force a versatile and prompt sea denial capability,…
Autore: wsjcrypto
“`html Investment companies with Bitcoin-oriented reserves are leading the charge in global Bitcoin acceptance, which could propel the world’s primary cryptocurrency to a $200 trillion market value within the next ten years.Institutions and governments around the globe are beginning to acknowledge the distinct monetary features of Bitcoin (BTC), as stated by Adam Back, co-founder and CEO of Blockstream and the creator of Hashcash.“$MSTR and other treasury firms represent an arbitrage of the disparity between the bitcoin future and the current fiat economy,” Back expressed in a post on X dated April 26.“A viable and scalable $100-$200 trillion opportunity that anticipates…
Investment companies holding Bitcoin-centric treasuries are leading the charge in global Bitcoin adoption, potentially propelling the premier cryptocurrency to a $200 trillion market value in the next ten years.Entities and administrations globally are beginning to acknowledge Bitcoin’s distinctive financial attributes (BTC), as stated by Adam Back, co-founder and CEO of Blockstream and the creator of Hashcash.“$MSTR and other treasury firms represent a market advantage created by the divergence between the bitcoin future and the existing fiat landscape,” Back remarked in an April 26 X post.“A viable and expansive $100-$200 trillion trade ahead of hyperbitcoinization, ample enough for the majority of…
BlackRock’s iShares Bitcoin Trust (IBIT) is forecasted to become the globe’s most substantial ETF within a decade, as predicted by Strategy Chairman Michael Saylor during the Bitcoin Standard Corporations Investor Day in New York. This audacious prediction comes at a time when U.S. spot Bitcoin ETFs have recorded $442 million in net inflows on Thursday, propelling Bitcoin past $95,000. Currently overseeing $54.2 billion in assets, IBIT would require surpassing the Vanguard S&P 500 ETF (VOO), which contains about $573.5 billion. BlackRock’s ETF has exhibited impressive momentum, securing $1.16 billion in Bitcoin acquisitions over a mere three-day span: $193.5 million on…
Trade Secretary Cristina A. Roque on Friday expressed that the Philippines is contemplating importing a larger quantity of agricultural items from the US as it aims to negotiate a reduced tariff rate next week. Ms. Roque, along with Special Assistant to the President for Investment and Economic Affairs Frederick D. Go, will be present in Washington from April 29 to May 2 for discussions on tariffs with their US counterparts. “The objective of the meeting is to secure what is most advantageous for the nation, which is clearly to lower the tariffs and to strongly emphasize that we will maintain…
“`html Trusted Editorial material, evaluated by prominent industry professionals and experienced editors. Ad Disclosure Bitcoin is currently trading over the $94,000 threshold, demonstrating robust momentum following a significant rebound from recent troughs. Buyers are vigorously striving to recapture the $95,000 level, a vital threshold that may indicate the continuation of an uptrend towards new all-time peaks. Nonetheless, despite the rising optimism, hazards remain pronounced as global trade disputes and macroeconomic unpredictability continue to put pressure on financial markets. Tensions between the US and China continue, fostering a precarious climate that could swiftly alter investor sentiment. Nevertheless, Bitcoin has exhibited resilience,…
Update (April 26 at 8:57 PM UTC): This article has been revised to incorporate news from Loopscale. Solana decentralized finance (DeFi) framework Loopscale temporarily suspended its lending operations after experiencing an approximate $5.8 million breach. On April 26, a cybercriminal extracted roughly 5.7 million USDC (USDC) and 1200 Solana (SOL) from the lending system after acquiring a “series of undercollateralized loans,” according to Loopscale co-founder Mary Gooneratne stated in a post on X. Loopscale has since “reactivated loan repayments, top-ups, and loop closures,” but “[a]ll other application functionalities (including Vault withdrawals) remain temporarily limited as we explore and ensure remediation against this…
“`html Reasons to Rely On Rigorous editorial standards that prioritize precision, relevance, and neutrality Developed by field professionals and thoroughly vetted The utmost standards in journalism and publishing Rigorous editorial standards that prioritize precision, relevance, 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. SUI has been trading with remarkable vitality since establishing a local low around $1.71 just over two weeks ago. Since Monday, SUI has risen more than 79% in value, showcasing a surge in optimistic sentiment and positioning itself as…
BDO UNIBANK, Inc. experienced a 6.49% increase in its net income during the first quarter, bolstered by the consistent performance of its primary operations. Although the year commenced strongly, the publicly traded bank anticipates that the ongoing easing cycle from the central bank will impact its margins, despite a generally optimistic outlook, BDO President and CEO Nestor V. Tan mentioned during a briefing following their annual shareholders’ gathering on Friday. BDO’s net profit rose to P19.7 billion in the first quarter, up from P18.5 billion in the same timeframe of 2024, the Sy-led financial institution disclosed to the stock exchange…
“`html More than $4 trillion in real estate could be transformed into tokens on blockchain platforms over the next ten years, potentially granting investors enhanced access to property ownership opportunities, as indicated by a recent report.The Deloitte Center for Financial Services forecasts that more than $4 trillion of real estate may be tokenized by 2035, a significant increase from under $300 billion in 2024. The report, released on April 24, predicts a compound annual growth rate (CAGR) exceeding 27%.This $4 trillion in tokenized assets is anticipated to arise from the advantages of blockchain-based properties, alongside a fundamental change in real…