₱535.3B
₱30.8B
₱14.79
₱14.08
The Federal Reserve held interest rates at 3.5% to 3.75% on April 29, citing Middle East developments as a source of uncertainty. Bitcoin quickly recovered from its intraday low, but Glassnode analysts warned that rallies will remain fragile without spot demand picking up.
Input Output Global is shifting Cardano development toward external contractors like Midgard Labs and VacuumLabs, slashing its own treasury request to ₱2.83 billion ($46.8 million) for 2026 operations. The nine funding proposals prioritize scaling infrastructure and a Bitcoin-focused decentralized finance engine called Pogun.
Iran's announcement that the Strait of Hormuz will remain fully open during the ceasefire sent Bitcoin through its longest-held resistance zone. Bitcoin opened at ₱4,503,271 ($75,172) and surged to ₱4,695,689 ($78,384) intraday, breaking the ₱4,433,061 ($74,000)–₱4,492,967 ($75,000) zone that had capped every rally since October 2025.
Blockstream CEO Adam Back said Bitcoin should prepare for quantum computing threats now. His company has already implemented hash-based signatures on its Liquid Network layer-2.
Legendary venture capitalist Tim Draper predicted Bitcoin will surge to $250,000 within 18 months, citing growing adoption and the degradation of traditional fiat currencies as key catalysts.