The long-awaited $RON Token is finally available to trade! Hong Kong-based exchange FTX.com said they were going to list SkyMavis’ $RON token in their Perpetual Futures market, which is where you can buy and sell futures. This surprised (and confused) people because the long-awaited Ronin token hasn’t been made yet. In early November 2021,…
How the Federal Reserve Tapering Drastically Affects The Cryptocurrency Market’s Price Movement Market moves On Wednesday, minutes from the December meeting of the Federal Reserve were released, and one of the Fed’s officials said that they were apprehensive about high inflation. Bitcoin fell below $44,000 after this. A CoinDesk Data report says that bitcoin…
How is PDAX, a crypto exchange, going to take adaptation of cryptocurrency in the Philippines to the next level? The Philippine Digital Asset Exchange (PDAX), a cryptocurrency exchange that holds the Bangko Sentral ng Pilipinas license, says it has raised US$12.5 million (about 630 million). Back in 2018, PDAX launched its cryptocurrency exchange to…
How one of the biggest NFT Marketplaces making its own history in the Digital Market space? OpenSea has raised $300 million in a Series C round of funding, which has made the NFT market worth a whopping $13.3 billion. According to a blog post, the company says that it plans to use this money to…
Exciting News for Airbnb Users that Should Look up to in 2022 They are looking into whether or not they can accept bitcoins as a payment method. At the start of 2022, Brian Chesky asked his 400,000 fans to get in touch with their ideas for improving the house rental platform. This is what…
Devastating news about cryptocurrencies you should know before investing this 2022 Earlier this year, Bitcoin, the world’s most valuable cryptocurrency, went down a lot at a price approximately around $43,000. After the minutes from the most recent Federal Reserve meeting were released, it was clear that the US would raise interest rates even faster…
INSURANCE + INVESTMENT The Greatest Combination? Since the money is deeply invested, the insurance component is low. It is normally 125 percent of the Single Premium paid, or the current Fund Value. To illustrate, a Single Premium of P250,000 covers the insured for P312,500. If the insured dies, the beneficiary will receive at least P312,500….
Stuck at Home, More Filipinos Unlocking Financial Opportunities through Investing in Stocks Thanks to the Boom in Online Trading Platforms The investing and trading landscape in Philippine equities has changed with the onset of the pandemic. President Monzon, CEO of the Philippine Stock Exchange, said that 2021 is a “positive” year for the stock…
REITs for energy to broaden investment opportunities The expansion of real estate investment trust (REIT) to other industries, to include the renewable energy sector, will broaden opportunities for income generation that the investing public can tap into. Atty. Francis Lim, former president of the Management Association of the Philippines (MAP) and a prime mover…
Citicore eyeing February listing of clean energy-focused REIT Renewable energy-themed real estate investment trust (REIT) pioneer Citicore Energy REIT Corp. (CREIT) expects to list by February, aiming to raise P10.1 billion to scale up the group’s agro-solar farm operations in order to become the country’s largest by next year. In a recent interview, CREIT…
