Monetary Board Maintains Policy Settings

PDate: 5/16/2024
Content: ​At its meeting today, the Monetary Board decided to keep the BSP’s Target Reverse Repurchase (RRP) Rate at 6.50 percent. The interest rates on the overnight deposit and lending facilities also remain at 6.0 percent and 7.0 pe...
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PSE registers P242M net income in Q124

The Philippine Stock Exchange, Inc. (PSE) posted a 19.3 percent increase in its net income in the first quarter of 2024 to Php 242.38 million from Php 203.16 million in the same 2023 period. The higher earnings result was mainly due to the 207.0 percent improvement in other income to Php 120.17 million, on account…
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Cheapest Cities to Live in the Philippines

The Philippines is known for its wealth of stunning beaches and delectable goods. There is no doubt that the Philippines is one of the most popular travel destinations in the world; you may pick from a variety of cities in the Philippines that offer lo...
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How to Get a Philhealth ID in the Philippines?

Even if you think you don’t, you need health insurance to live life with fewer worries, knowing you’ll receive financial assistance when you get sick or hurt. Since it’s no secret that receiving health or medical care is expensive in ...
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Introducing Exit Strategy 2.0 & More


We're thrilled to share a batch of updates that make your app even more tailored and intuitive for managing crypto investments. Let's dive into what's new and how these enhancements can improve your crypto journey.



Enhanced Exit Strategy 



W...
Cryptocurrency

Bitcoin sees correlation with equities as Brazil’s 4-month trading volume hits $6 billion

Kaiko Research said Bitcoin’s (BTC) correlation with equities is rising, with a 90-day correlation rising to 0.17 last week after hitting a multi-year low of 0.01 in March. Meanwhile, Brazil experienced a significant rise in volume and is outpacing the dollar. Bitcoin’s 90-day correlation with equities rose to 0.17 the week of May 5, above […]
The post Bitcoin sees correlation with equities as Brazil’s 4-month trading volume hits $6 billion appeared first on CryptoSlate.
Cryptocurrency

OpenAI introduces GPT-4o model, promising real-time conversation

OpenAI announced a new model, GPT-4o, which will soon allow real-time conversation with an AI assistant. In a May 13 demo, OpenAI members showed that the model can provide breathing feedback, tell a story, and help solve a math problem, among other applications. Head of Frontiers Research Mark Chen noted that, although users could previously […]
The post OpenAI introduces GPT-4o model, promising real-time conversation appeared first on CryptoSlate.
Cryptocurrency

Uniswap founder says Biden’s indifference toward crypto could cost him elections

Uniswap founder Hayden Adams criticized President Joe Biden’s approach to crypto regulation and said his administration’s perceived indifference to crypto could be a significant miscalculation in the 2024 election. Adams warned in a May 13 post on social media that the administration is ignoring a key issue for many Americans and compared the decision to […]
The post Uniswap founder says Biden’s indifference toward crypto could cost him elections appeared first on CryptoSlate.
Cryptocurrency

What is the Best Car Insurance in the Philippines?

Nowadays, getting insurance is a fairly huge matter to talk about; after all, who doesn’t want to be insured? We all know that in order to protect and insure our vehicles, we always search for the best auto insurance company. Many car owners beli...
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