Coins.ph Adds BTC and ETH Payments to Filipino QR System ⏰
The Manila-based crypto platform, Coins.ph, has expanded its QRPh crypto payment functionality to support Bitcoin (BTC) and Ethereum (ETH). Now users can spend these cryptocurrencies at over 700,000 QRPh-enabled merchants nationwide.
This update broadens the use of digital assets within the Philippines' national QR payment infrastructure. Stablecoins remain key for remittances and daily crypto payments, with Coins.ph continuing to integrate them seamlessly into their checkout process.
The integration allows users to scan QR codes at merchants while automatically converting crypto balances into Philippine pesos in real time. This seamless experience aims to make crypto more accessible and practical for everyday use across the country.
Coins.ph CEO Wei Zhou highlights that this addition is a step towards redefining what digital wallets can do, making popular cryptocurrencies an integral part of Filipino daily life.
SEI Price Surges to $0.062: Can Bulls Sustain Upward Momentum? 🌟
SEI has surged to the pivotal $0.062 level, marking a sharp 10% gain over the past 24 hours. This surge is driven by Bitcoin’s retest at $78k and positive risk sentiment.
Rising TVL, stablecoin growth, and Giga upgrade are bullish metrics for SEI. A breakout from the downtrend could allow for a retest of $0.10.
The crypto markets' mirroring of positivity has pushed total capitalization up 3% to $2.63 trillion.
SEI bulls are upbeat due to robust on-chain metrics and strategic network developments like Sei’s impending sunset of its Cosmos layer ahead of the Giga upgrade.
This upgrade promises transformative scalability, boosting demand for SEI tokens through increased usage and staking rewards.
If upside momentum holds, buyers will eye $0.078 resistance and year-to-date highs above $0.107 next. However, a drop below $0.055 could invalidate the bullish setup and allow bears to target $0.049.
Are you betting on SEI continuing its upward trend? 📈
Geopolitical signals and Bitcoin transfers shape near-term trends. The Royal Government of Bhutan recently moved large amounts of Bitcoin from their wallets, adding another layer to the dynamic. 🇱
While the move could be seen as a sign of strength, many market participants remain in the "Fear" zone, with investors waiting for clearer direction before committing fully.
The post <a href="https://coinjournal.net/news/bitcoin-back-above-71k-is-this-rebound-real-or-a-bull-trap/">Bitcoin back above $71K: is this rebound real or a bull trap?</a> appeared first on <a href="https://coinjournal.net">CoinJournal</a>.
Are you cautiously optimistic about Bitcoin's next move? 👇
With Litecoin down 1.7% in the last 24 hours and trading above $93 per coin, there's no denying that the cryptocurrency market has been underperforming earlier this week. The recent weakness is attributed to a weakening demand landscape.
Despite the recent price action, the fundamentals remain neutral with only 57% of LTC coins currently held by investors who have been accumulating over the last two months. This heavy selling activity includes loss realization and profit-taking.
On the derivatives market, Litecoin's funding rates are negative, signaling that short traders are gaining momentum. The Open Interest (OI) has recovered slightly but remains far from pre-October 10 leverage-flush levels.
Given this outlook, the $90 support level could be in jeopardy as Litecoin struggles to hold above it. If the bulls fail to defend this region, the crypto's next major test will likely come at the $80 mark.
Are you expecting any upside movement for LTC before hitting these key resistance areas? 👇
BTC Rejected Moving Average Again: Will Bulls Breakout? 🤫
Bitcoin ($BTC ) remains stubbornly around the $77k level after its 200-day moving average rejection. Rising inflation and Treasury yields are putting pressure on risk assets, pushing Bitcoin below key support levels. [CoinJournal]
Key points: 1. BTC's rejection of the 200-day MA mirrors past cycles. 2. Negative funding rates and bullish options market skews indicate cautious sentiment. 3. Institutional outflows signal a mixed picture.
Technical outlook: BTC consolidates around $77k, held back by the 200-day EMA at $81,845. Immediate resistance is near the 50% Fibonacci retracement level at $78,962. A breakout here could push toward higher highs. Otherwise, support lies below at key levels like the 38.2% Fibonacci retracement around $74k.
Are you ready for a potential Bitcoin breakout? Or are we seeing yet another consolidation phase? 👇
Coins.ph Adds BTC and ETH Payments to the Philippines' National QR System 🚀
Coins.ph, the Manila-based crypto platform, has expanded its QRPh crypto payment functionality to support Bitcoin (BTC) and Ethereum (ETH) transactions, broadening the use of digital assets within the Philippines’ national QR payment infrastructure.
Now users can spend crypto at 700,000 QRPh-enabled merchants. Stablecoins remain key for remittances and daily crypto payments. Coins.ph's integration allows crypto balances to be automatically converted into Philippine pesos during checkout, enabling direct crypto payments without manual conversions beforehand.
This update brings two of the world’s largest cryptocurrencies (BTC and ETH) within reach of everyday Filipinos while preserving a unified payment experience focused on practical use. The company now serves over 15 million active crypto users in the Philippines, representing roughly 13.4% of the population.
With Coins.ph at the forefront of integrating major cryptocurrencies into national payment systems, it's clear that digital wallets are becoming more than just tools for trading – they're becoming integral parts of everyday financial transactions. 📲
Are you excited about this expansion? What do you think about BTC and ETH supporting QR payments in the Philippines? 👇
SEI Price Surges to $0.062: Can Bulls Sustain Upward Momentum?
SEI gained 10% to $0.062, fueled by Bitcoin's $78k retest and positive risk sentiment. Rising TVL, stablecoin growth, and Giga upgrade are bullish metrics.
A breakout from the long downtrend could allow for a retest of $0.10. The SEI token has surged to the pivotal $0.062 level, with gains in the past 24 hours hitting double digits amid overall optimism among traders and analysts.
For bulls looking to sustain upward momentum, the breakout from below $0.060 offers a crucial test of resistance at around $0.063-$0.065.
Bitcoin Back Above $71K: Is This Rebound Real or a Bull Trap? 🌟
The recent surge above $71,000 comes amid cautious market sentiment and suggests an accumulation phase by investors. Geopolitical signals and large-scale movements indicate that the recovery could be real, but with mixed indicators. Exchange outflows pointing to long-term holding and government moves hint at a supportive environment. While the current bounce might be temporary, factors like accumulation trends, controlled government actions, and geopolitical optimism could create an environment where Bitcoin can maintain support.
SEI Price Surges to $0.062: Can Bulls Sustain Upward Momentum? 🔥
With Bitcoin retesting $78k and positive risk sentiment, SEI gained 10% to $0.062. Rising TVL and stablecoin growth are bullish metrics. A breakout from the downtrend could lead to a retest of $0.10.
The surge underscores both sensitivity to risk-on sentiment and network fundamentals, with SEI bulls pointing to robust on-chain metrics and strategic upgrades ahead of the Giga upgrade.
For now, traders can look at secondary support around $0.063-$0.065. A break above could confirm shifting momentum and lead to targets like $0.078 next year. 📈
What do you think? Are SEI's recent gains sustainable as the network upgrades continue? 👇
Coins.ph Adds Bitcoin and Ethereum to Philippine QR Payments 🚀
Coins.ph, the Manila-based crypto platform, has expanded its QRPh crypto payment functionality to support Bitcoin (BTC) and Ethereum (ETH) transactions. This update enables users to pay merchants nationwide using these popular cryptocurrencies directly through QR codes.
With this integration, crypto payments now cover approximately 700,000 QRPh-enabled merchants throughout the Philippines. The expansion maintains a seamless checkout experience by automatically converting digital assets into Philippine pesos during the payment process.
This move broadens the use of digital assets within the country's national QR payment infrastructure, which was earlier extended to include stablecoins like USDT. Coins.ph highlights how the QRPh system now supports two of the world’s largest cryptocurrencies while preserving a unified payment experience for daily use.
As the Philippines remains one of the fastest-growing crypto markets globally with over 15 million crypto users representing around 13.4% of its population, this integration underscores broader crypto adoption growth within the country. 🌍
Are you excited about how these updates are shaping the future of payments in the Philippines? 👇
ETH: The UK is pushing ahead with practical crypto regulation 🚀
The FCA has approved RegTech firm Eunice to test standardised crypto disclosure templates with major exchanges like Coinbase, Crypto.com and Kraken.
These experiments sit within their multi-year Crypto Roadmap ending in 2026. It's a step towards shaping the UK’s rulebook through real-world testing rather than theory. 💡
This approach gives industry participants closer involvement in rule formation while allowing regulators to observe how products behave at scale before final guidance is introduced.
The FCA aims to gather evidence on different disclosure requirements and market reactions under live conditions, providing a practical form of crypto oversight. 📈
What do you think about the UK’s move towards more regulated crypto? 👇
Key takeaways: 🔹 CHZ up 5% in last 24 hours, nearing $0.05 resistance. 🔹 Derivatives data shows bulls are in control now.
Chiliz outperforms the crypto market! Up by 5%, trading at $0.049. Momentum indicators suggest further rally ahead 💲
CoinGlass futures OI surged to $80 million, highest since Jan. Funding rates turned positive and stood at 0.0043%. Bullish long-to-short ratio climbed to 1.01.
The 4H chart is bullish as CHZ outperforms broader crypto market. Bulls eye resistance at $0.051 for a steady push towards $0.057, the Jan high. 📉
Should hold above $0.051, continue upward momentum. Support around $0.047 with key zones below. 🔗
ETH: South Korea may aim for a more balanced crypto market 🔄 The country's regulators are looking at how local exchanges work with banks, aiming to reduce high entry barriers. #ETH #ERC8004 💲
ETH: StakeStone price soared 136%, hitting new all-time highs 🚀
The token jumped from $0.11 to over $0.26 amid a spike in daily volume, following a massive transaction linked to a newly created wallet withdrawing 25.5 million STO tokens worth over $4.85M. 🔥💡
StakeStone (STO) is now up more than 390% since its all-time low 📈, with the token now trading at nearly $0.25. #ETH #ERC20 #STO
ETH: Barclays is making moves in the stablecoin sector 🚀
The British lender is backing market infrastructure, rather than issuing its own token. Ubyx helps clear and reconcile different stablecoins for smoother transactions. 🔥💡
Barclays sees potential in a regulated, integrated solution that doesn't break out of traditional finance frameworks. 👇
Are you excited about Barclays' strategic investment in Ubyx? 👀
Which other banks are getting into the space now? 🤔
Paul Atkins, known for supporting innovation and market-led growth, is reportedly headed to the SEC. Final confirmation could happen by end of week. 🔢🚀
US Securities and Exchange Commission (SEC) leadership change nears, shaping crypto ETFs & financial innovation landscape. 🎯
Transition may lead to clearer guidance on digital assets & compliance for crypto-based ETFs, like XRP and DOGE. 💸📜
Atkins' appointment could signal a shift towards more balanced oversight and transparent enforcement. 👀🔄 #ETH #SEC #CryptoETFs