Coins.ph and Pays0 Launch PHP-to-Crypto Conversion for Businesses and Individuals
Coins.ph has partnered with Pays0 to enable seamless two-way conversion between Philippine pesos and cryptocurrencies for both businesses and individuals. Through this integration, users can access Coins.ph’s crypto services directly within the Pays0 system, supporting faster, cheaper remittances and digital financial services. Corporate clients can also benefit from blockchain-based settlements, stablecoin fund management, and efficient cross-border payments. The partnership aims to enhance financial inclusion and provide modern, compliant digital tools to meet growing demand. (BusinessMirror)
Bitcoin Holds Strong Above $100K as Altcoins Slide
Bitcoin continues to trade confidently above the $100,000 mark, reinforcing bullish market sentiment. Analysts point to favorable macro conditions, ETF inflows, and increased institutional demand as key drivers of BTC's resilience. While Bitcoin retains strength, altcoins struggle to keep pace. APT, AVAX, and UNI all recorded 6%–7% declines, signaling a risk-off shift favoring blue-chip crypto assets. Despite this divergence, the overall market outlook remains positive. (CoinDesk)
Ethereum Stablecoin Volume Hits Record $908B as Institutions, Tech Giants, and Trump Engage
Stablecoin settlement volume on Ethereum surged to a record $908 billion in April, as major institutions, tech companies, and political figures re-entered the crypto scene. According to The Block Research, the spike comes amid increased on-chain activity from players like Stripe, PayPal, and even Donald Trump’s NFT-linked wallet. The trend marks a resurgence of Ethereum’s role as the go-to network for financial applications, despite a broader market slowdown in altcoins. (The Block)
Thai Government to Issue $150M in Digital Investment Tokens
Thailand is set to issue over $150 million worth of digital investment tokens as part of its broader push into blockchain-powered capital markets. According to Thailand’s Ministry of Finance, the tokens will be distributed via investment platforms registered with the country’s Securities and Exchange Commission. The move builds on Thailand's earlier efforts to provide tax incentives for crypto traders and companies, positioning the country as one of Southeast Asia’s most progressive crypto jurisdictions. (CoinDesk)
DOGE, ADA, SOL Slide as Market Volatility Returns
Several altcoins, such as Dogecoin, Cardano, and Solana, dropped sharply this week, falling between 5% and 8% as broader crypto market volatility resumed. Analysts attribute the dip to profit-taking following recent rallies and caution ahead of upcoming U.S. macroeconomic data and a Federal Reserve meeting. The weakness in memecoins and L1 tokens reflects a temporary rotation toward more conservative crypto bets, especially with Bitcoin now stabilizing above $100K. (Yahoo Finance)
Japan’s Metaplanet Surpasses El Salvador in Bitcoin Holdings
Japanese investment firm Metaplanet now holds more Bitcoin than the government of El Salvador, following its recent $6.5 million BTC purchase. The firm’s total stash stands at 141 BTC, slightly above El Salvador’s 127 BTC, according to market trackers. Metaplanet, following the footsteps of Michael Saylor’s Strategy, continues to gain attention as one of the few publicly traded companies in the region making aggressive treasury allocations to Bitcoin. The milestone reflects rising corporate adoption of crypto as a strategic reserve asset. (Tech in Asia)
