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Bitcoin extends retreat from record high to hit lowest in 20 days

Reuters
Posted at Mar 01 08:33 AM

Bitcoin fell to its lowest since Feb. 8 in thin trade on Sunday, down 3.7 percent from Friday's close as the pullback from a record high near $60,000 continued. Read more »

Children's book 'Cashaysayan' discusses origin of Philippine currency

ABS-CBN News
Posted at Feb 25 10:56 AM

'Cashaysayan' is a history book for kids and kids at heart that discusses the history of the Philippine currency, author Divina Gil Reyes told ANC. Read more »

BSP creates unit for physical money, digital payments ecosystem

Warren de Guzman, ABS-CBN News
Posted at Feb 24 04:18 PM

A unit tasked to manage the ecosystem of physical money and digital payments has been established in the Bangko Sentral ng Pilipinas, the bank said Wednesday. Read more »

Record-breaking Bitcoin tumbles on US treasury chief's warning

Agence France-Presse
Posted at Feb 24 12:03 PM

At about 1500 GMT, the digital currency slid 12.57 percent to $47,946, while rival ethereum declined 15 percent to $1,539.   Read more »

Bitcoin battles for support at $50,000

Reuters
Posted at Feb 23 03:20 PM

Bitcoin dropped below $50,000 on Tuesday, as investors began to get a little nervous about the digital currency's lofty valuation and some leveraged players took profit.   Read more »

Bitcoin steams to new record and nears $1 trillion market cap

Tom Wilson and Stanley White, Reuters
Posted at Feb 19 10:19 PM

LONDON/TOKYO - Bitcoin hit yet another record high on Friday, and moved within sight of a market capitalization of $1 trillion, blithely shrugging off analyst warnings that it is an "economic side show" and a poor hedge against a fall in stock prices. Read more »

Bitcoin smashes through $50,000 as it wins more mainstream acceptance

Thyagaraju Adinarayan and Tom Wilson, Reuters
Posted at Feb 17 06:31 AM

Bitcoin soared above $50,000 on Tuesday for the first time, adding steam to a rally fueled by signs that the world's biggest cryptocurrency is gaining acceptance among mainstream investors and companies. Read more »

FACTBOX: Bitcoin's famous backers

Reuters
Posted at Feb 16 09:19 PM

Bitcoin rose above $50,000 on Tuesday for the first time, continuing a rally that has seen it rise nearly 900% since March last year.   Read more »

Bitcoin pulls back from brink of $50,000

Reuters
Posted at Feb 15 12:04 PM

Bitcoin pulled back from a record high on Monday and other cryptocurrencies slipped, as investors took profits from a record-breaking rally that had pushed bitcoin close to $50,000.   Read more »

Bitcoin pushes closer to $50,000, global stocks mixed

Ben Perry, Agence France-Presse
Posted at Feb 10 09:24 AM

Bitcoin moved closer to $50,000 for the first time on Tuesday, while the dollar declined as equity traders monitored anticipated US fiscal stimulus and Covid-19 vaccine developments.   Read more »

Japan wants G-7 to focus on digital currency as China takes fintech lead

Kyodo News
Posted at Feb 09 06:52 PM

Japanese Finance Minister Taro Aso said Tuesday he wants finance chiefs from the Group of Seven industrialized economies to have in-depth discussions over digital currency at an online meeting slated for Friday. Read more »

After dizzying gyrations, what's bitcoin really worth?

Joseph Sotinel, Agence France-Presse
Posted at Jan 17 02:06 PM

After the latest wild ride took the poster child of cryptocurrencies above $40,000 before a stomach-churning plunge, the million dollar question won't go away: how much is bitcoin actually worth? Read more »

Cancel your weekends! Bitcoin doesn't rest, and neither can you

Tom Wilson and Anna Irrera, Reuters
Posted at Jan 11 03:17 PM

Trading volumes across six major cryptocurrency exchanges have been 10% higher at weekends than weekdays in that period, data from researcher CryptoCompare shows. Read more »

Bitcoin: why the price has exploded – and where it goes from here

Reuters
Posted at Jan 07 11:34 PM

 From a year-low on the daily charts of US$4,748 (£3,490) in the middle of March as pandemic fears took hold, bitcoin rose to just below US$30,000 by the end of the year. Read more »

Bitcoin emergence as 'digital gold' could lift price to $146,000, says JPMorgan

Reuters
Posted at Jan 05 10:55 PM

LONDON - Digital currency bitcoin has emerged as a rival to gold and could trade as high as $146,000 if it becomes established as a safe-haven asset, investment bank JPMorgan (JPM) said on Tuesday.   Read more »

Will the US dollar’s slide erode its status as the world’s currency of choice?

Karen Yeung, South China Morning Post
Posted at Dec 16 12:51 PM

In October, the US dollar lost its crown as the world’s most used global payments currency, slipping behind the euro for the first time since August 2013. Its share in global currency reserves is still dominant, but geopolitics and near-zero US interest rates have countries and investors looking for alternatives. Read more »

China’s digital currency no threat, former central bank chief says

Karen Yeung, South China Morning Post
Posted at Dec 14 01:48 PM

China’s new sovereign digital currency could be a boon for cross-border trade while also supporting Beijing’s efforts to promote the yuan as an international currency, the former head of the country’s central bank said on Sunday. Read more »

House panel consolidates bills to create PH’s digital currency

Zandro Ochona, ABS-CBN News
Posted at Dec 12 02:49 AM

Mhel Plabasan, innovation supervision head at Bangko Sentral ng Pilipinas said the creation of a digital peso has been in the works but is unlikely to be issued soon. Read more »

Consumers to see lower water rates in January 2021 on foreign currency adjustment

ABS-CBN News
Posted at Dec 02 05:31 PM

Maynilad and Manila Water customers will experience cheaper water rates by Jan. 1 next year. Read more »

Maynilad, Manila Water may bawas-singil sa tubig simula Enero 2021

ABS-CBN News
Updated as of Dec 02 10:39 AM

May bawas-singil sa tubig ang Maynilad at Manila Water simula Enero 1, 2021. P0.14 kada cubic meter ang tapyas ng Manila Water at P0.05 kada cubic meter ang sa Maynilad. Read more »