Weekly Bitcoin Summary

🇺🇸Fed Chair Jerome Powell hinted at interest rate cuts

🇵🇭The Philippines proposed to create a strategic reserve of 10,000 BTC 🚀

🇧🇷Brazil held its first hearings on the creation of a Bitcoin reserve worth $19 billion

🇭🇰Ming Shing plans to buy Bitcoin for $500 million

🇸🇬Volkswagen Singapore starts accepting payments in BTC and other cryptocurrencies

⚡️SoFi implements Bitcoin Lightning for transfers

🇳🇱Amdax launches a company to manage Bitcoin reserves

😏 But all attention this week, of course, goes to Ethereum.