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A significant step has been taken in the Philippines regarding cryptocurrency markets. Representative Migz Villafuerte has introduced Bill 421 to the House of Representatives. Strategic Bitcoin Reserve Proposal from the Philippines The bill envisions the creation of a “Philippine Strategic Bitcoin Reserve” to strengthen the country’s national security and debt stability. Under the proposal, the
Bitcoin surged following Jerome Powell’s remarks at the Federal Reserve’s annual Jackson Hole symposium, igniting fresh momentum in a bull market that has been quietly grinding higher since early 2024. For much of this cycle, Bitcoin’s rise has come against a headwind of monetary tightening. The story of this bull run began when BlackRock filed
The Bitcoin (BTC) price bounced back over $116,500 today, recording more than 3% daily gains after dipping to $112,000 earlier in the week. The rally came as Jerome Powell hinted that rate cuts might be coming if the job market gets weaker. Now, markets think there iss a 90% chance of a cut this year.
Crypto asset manager Bitwise is betting big on bitcoin’s (BTC) future, projecting that the next decade will mark a period of outsized growth for the world’s largest cryptocurrency. In a report published Thursday, Bitwise analysts predicted that bitcoin could become the best-performing institutional asset over the next 10 years, with its price climbing to $1.3
Economist Henrik Zeberg believes Bitcoin (BTC) is primed for a massive rally before the cycle comes to a close. In a new strategy session on the analytics platform Swissblock’s YouTube channel, Zeberg says Bitcoin will hit a “new extreme all-time high” as other risk assets, including stocks, rise into a “potential blow-off top.” According to
Bitcoin, the world’s most valuable coin, is at a key level as market participants watch its price movement closely. On shorter time frames, the four-hour and six-hour charts are showing oversold RSI levels and bullish divergence, according to a chart from Scott Melker. These signals come at an important $112,000 support mark and coincide with
On Friday, bitcoin is trading at $112,264 per coin as of Aug. 22, 2025, with a market capitalization of $2.23 trillion and a 24-hour trading volume of $32.51 billion. The digital asset’s price ranged between $112,023 and $113,827 throughout the day, reflecting tight intraday consolidation. Bitcoin The broader daily trend remains bearish following bitcoin‘s rejection