What’s Happening in the Philippines, Local News and Philippine People
TLDR Ethereum co-founder Jeffrey Wilcke sent 79,258 ETH (approximately $157 million) to the Kraken exchange on March 7 Vitalik Buterin also offloaded 17,196 ETH (around $35 million) in February, contributing to insider selling pressure ETH has declined 34% since the
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TLDR Former CFO Nevin Shetty covertly transferred $35 million in company funds to cryptocurrency investments without the board’s awareness The funds were invested in DeFi lending platforms that offered returns of 20% or higher The May 2022 collapse of the
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TLDR Bitcoin has retreated to approximately $67,127, while the Crypto Fear & Greed Index has plummeted to 12, signaling “extreme fear.” Large-scale investors, or “whales,” accumulated BTC between $62,900 and $69,600, subsequently offloading about 66% of those positions once the
MoreTLDR Kalshi is facing a class action lawsuit regarding its resolution of a prediction market linked to the removal of Iranian Supreme Leader Ali Khamenei from office. Traders who held “yes” contracts anticipated a full $1 payout after reports of
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TLDR Analyst ChartNerd forecasts that XRP might drop to $1 as part of a liquidity grab prior to a rebound. XRP ETFs saw their first weekly net outflows since January 30, amounting to more than $4 million. XRP is presently
MoreTLDR Investors are turning to prediction markets to hedge against geopolitical and policy risks that conventional financial instruments cannot accurately value. Polymarket saw $8 billion in volume during January, while Kalshi processed $9 billion in the same period. A Federal
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Summary A U.S. federal judge has thrown out a lawsuit filed by 535 victims of terrorism against Binance, its founder CZ, and Binance.US. The plaintiffs were unable to establish a direct connection between the actions of Binance and the specific
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NVIDIA’s stock is experiencing one of the most robust streaks in Nasdaq’s history, climbing 65.9% over the last year—accompanied by a new all-time high price target from Wall Street that suggests the upward momentum has plenty of room left to
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Harvard has recently acquired $86.8 million in the iShares Ethereum Trust while reducing its Bitcoin holdings. The Ethereum price forecast is bolstered by the Glamsterdam upgrade targeted for the first half of 2026, and ETH continues to lead the DeFi
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The CEO of VanEck has indicated that Bitcoin is establishing a bottom as its four-year cycle concludes. Price forecasts for Solana aim for $320, supported by a 70% surge in TPS and the Alpenglow upgrade’s pledge of 100-millisecond finality. However,
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Cardano achieved two significant developments this month. The CME introduced regulated ADA futures contracts, joining Bitcoin and Ethereum, and Wanchain facilitated $130 million in cross-chain volume. The outlook for Cardano’s price becomes more compelling as institutional pathways expand, yet a
MoreTLDR Brent crude oil surged past $90 on March 6, 2026, boosting shares of oil companies broadly. Exxon announced full-year 2025 profits of $28.8 billion and distributed $37.2 billion to its shareholders. Chevron’s 2025 output increased by 12% to reach
MoreTLDR Palantir’s stock climbed 15% over the week, ending Friday at $157.16, marking its strongest weekly performance since August. Investor interest in defense technology stocks surged following the U.S. strike on Iran, with Palantir identified as a direct beneficiary. Approximately
MoreTLDR NVDA shares declined approximately 3% on Friday, closing near $177.83 after a previous close of $183.34. Investor sentiment was shaken by reports of proposed U.S. regulations mandating government authorization for almost all foreign sales of advanced AI chips. Nvidia
MoreTLDR After Oracle and OpenAI abandoned the plans for an AI data center expansion in Texas, Bloom Energy (BE) saw a 15.5% decline. The news severely affected investor sentiment, and the sell – off took place during the afternoon trading
MoreTLDR On Friday, Vertiv stock declined by 3.1% to reach $241.91, with an intraday low of $238.65 and trading volume 33% higher than the average. Despite the drop, analysts maintain a bullish stance. RBC increased its price target to $266,
MoreTLDR Warren Lau, an analyst at Aletheia Capital, boosted his price target for Micron from $315 to $650—representing a 106% rise and setting a new record high among Wall Street analysts The optimistic outlook is grounded in robust AI-fueled demand
MoreTLDR BNP Paribas states orbital data centers will only be economically viable once launch costs drop below $300/kg — current costs range from $1,500 to $3,600/kg Building a 1-GW space data center today would cost over $100 billion, compared to
MoreTLDR On March 6, ARK Invest sold 32,304 shares of Roku valued at $3.17 million, continuing the recent trend of reducing its position in the company. ARK purchased 289,417 shares of Joby Aviation for $2.78 million, increasing its holdings in
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TLDR ETH rebounded from $1,830 to nearly $2,200 before retreating to hover around $2,000 Large wallets and long – term holders are quietly purchasing at the $2,000 support level U.S. spot Ethereum ETFs registered $90 million in outflows this week
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