By Heather Caitlin P. Mañago The Philippines’ trade shortfall in goods diminished to its two-month low in July, as exports surged by double digits while imports softened, according to the Philippine Statistics Authority (PSA) on Friday. Initial data from the PSA indicated that the nation’s goods trade balance — the difference between exports and imports — reached a deficit of $4.05 billion in July, which is 17% less than the $4.88-billion deficit recorded in July of the previous year. From one month to the next, the trade gap decreased from the revised $4.40 billion in June. July recorded the narrowest…
Autore: wsjcrypto
The EF’s Grants Program commenced in 2018 and has transformed over time into the Ecosystem Support Program (ESP), offering grants and assistance to creators that enhance the Ethereum ecosystem. Our objective is to facilitate endeavors that fortify Ethereum’s bedrock and empower upcoming creators in areas such as developer tools, research, community development, infrastructure, and open standards. In 2024 alone, ESP granted nearly $3M in financing to 105 projects and initiatives that were submitted through our open grant program webforms. These grants, which comprise one facet of ESP’s broader portfolio, backed a diverse array of work, including Commit-Boost (developer tools), BundleBear…
“`html Solana (SOL) is striving to regain a significant resistance area for the fourth occasion, prompting some investors to speculate that the surge may be brief. Nevertheless, on-chain insights indicate that SOL’s subsequent upward movement might be commencing. Relevant Reading Solana Exits Triangle Formation On Thursday, Solana reached a six-month peak of $216 after breaking free from one of its paramount resistance barriers. The cryptocurrency surged 16% from Monday’s lows and reestablished the $200 threshold as support on Wednesday, closing above this range for the day. SOL briefly regained this level during the early August breakout; however, the recent market…
Greg Jackson, the vocal originator of Octopus Energy, has been designated by Prime Minister Keir Starmer to participate in the Cabinet Office board as a non-executive adviser, granting him a pivotal position within the government. This appointment signifies a crucial step to integrate private sector knowledge into Whitehall policymaking. Jackson, whose energy firm has evolved from a startup in 2015 to a company appraised at £9 billion, is anticipated to utilize his three-year tenure to challenge conventional perspectives and advocate for modernization throughout the government. Jackson has established a reputation for being bold enough to confront policymakers. Just weeks ago,…
The cryptocurrency asset management firm 21Shares has submitted a filing to the US Securities and Exchange Commission (SEC) to establish an exchange-traded fund that will track the value of SEI, following the application by Canary Capital in April.The S-1 registration document submitted to the SEC on Thursday suggests partnering with crypto price index provider CF Benchmarks to monitor the price of SEI, utilizing data from various crypto exchanges.SEI is the native token of the Sei network, which was introduced in August 2023. This network operates as a layer 1 blockchain that focuses on trading infrastructure for decentralized exchanges and marketplaces.…
The US Commodity Futures Trading Commission (CFTC), which serves as a financial overseer in the US, revealed on Thursday that overseas cryptocurrency exchanges now have a route to legally cater to clients in the US by registering under the Foreign Board of Trade (FBOT) structure.Clients residing in the US have been permitted to trade on registered offshore platforms since the 1990s under the FBOT registry, which is applicable to all asset categories, stated acting CFTC Director Caroline Pham in a statement. Pham remarked:“From this moment forward, the CFTC invites Americans who wish to trade effectively and securely under CFTC regulations,…
The U.S. administration has officially commenced the release of gross domestic product (GDP) information on public blockchains. As reported by Bloomberg, the Department of Commerce’s announcement on Thursday integrates blockchain into the essence of America’s economic reporting, making GDP accessible on nine networks, including Bitcoin, Ethereum, and Solana. Commerce representatives underscored that the blockchain initiative is not meant to substitute conventional economic data releases, but rather “an additional channel” for dissemination, according to Bloomberg. Nonetheless, this action carries substantial symbolic significance, effectively providing the government’s endorsement on technology that was once met with considerable skepticism in Washington. “The whole administration…
The Philippines concluded its collaborative naval exercises with Australia and Canada close to a contested shoal in the South China Sea on Wednesday, indicating strengthened defense relationships with partners in the tension-laden waters. The Armed Forces of the Philippines (AFP) announced late Wednesday that the Philippine frigate BRP Jose Rizal, Australian destroyer HMAS Brisbane, and Canadian frigate Ville de Quebec navigated past Scarborough Shoal, marking the end of nearly two weeks of naval drills that were part of Exercise ALON (wave) 2025. The warships launched their naval activities off the shore of Palawan province and proceeded northward, as reported by…
“`html Trusted Editorial material, examined by prominent industry figures and experienced editors. Ad Disclosure Strategy’s recent stock offering to acquire additional Bitcoin has created anxiety among investors, as figures and timing instill new concerns about shareholder dilution and the organization’s funding selections. Strategy: Swift Change In Equity Strategy According to reports, Strategy altered its public disclosures on August 18 and then, within days, initiated a significant amount of new stock output. CryptoQuant analyst JA Maartunn tracked the trend: no new issuance on Aug. 3, approximately $18 million on Aug. 10, about $51 million on Aug. 17 — then close to…
The London-based consultancy Firestarter is assisting scale-ups in breaking free from tradition, merging creativity and psychology to forge bold, unique brands. Founder Mickey Wilson shares how it all began, how it’s progressing, and why authenticity is more crucial than ever. What motivated the inception of Firestarter? After years managing an agency for large corporations, creative strategist Mickey Wilson discovered that her true passion resided in collaborating with entrepreneurs. “What excited me was assisting founders in manifesting their visions,” she explains. Repeatedly, she observed innovative B2B firms struggling to define what set them apart. “In the B2B realm, there’s immense pressure…