Elixir, in a proclamation upon the hallowed halls of X, declared that a staggering 80% of the faithful holders of deUSD have been redeemed, triggering a most lamentable depegging to a mere 1.5 cents, as per the sage data of CoinGecko. 📊📉
If the ETFs keep the dosh flowing and the technical indicators don’t go all wobbly, SOL might just give $200 a jolly good run for its money. Fingers crossed, what? 📈🤞
In Schwab’s flashy new report, ETFs and Beyond-because nothing says financial insight like pretending you’re introducing a franchise reboot-52% of investors said they’re eyeing US equities, the sensible choice, like wearing socks with sandals because at least your feet are covered. But crypto ETFs and bond ETFs each snagged 45%, placing them in a very awkward financial photo finish. It’s like discovering your rebellious teenage nephew and your accountant uncle are tied in a limbo contest at a family reunion. One’s doing backflips; the other’s slowly lowering himself while muttering about compound interest.
Bitcoin, that most fickle of paramours, hovered around $101,000 as the Hong Kong trading day began, while CryptoQuant, that Cassandra of crypto, warned the market has turned “extremely bearish.” How novel. 🐆
As if one initiative were not enough, the UNDP is simultaneously launching a multitude of blockchain education pursuits aimed at different demographics. The latest venture, thriving with excitement, is tailored for government officials and policymakers who delight in crafting and executing laws-a delightful departure from its predecessor which was dedicated to educating UN staff members since 2024. 🏛️
XRP ist der Zwerg, der große Einsatz bringt: er vermittelt Zahlungen zwischen unterschiedlichen Währungen schneller, billiger und effizienter als eine verzweifelte Eile eines Ameisenhaufens. Als Brückenwährung stellt XRP Liquidität zwischen Banken bereit, die sonst seufzen würden wie geplagte Fischhändler vor einer verregneten Woche.
Though Mamdani is neither a zealous crypto evangelist nor a fiery antagonist, his record suggests a desire to rein in wild horses-or at least, wild miners. Prior to the election, he championed a moratorium on proof-of-work crypto mining and co-sponsored legislation to tax transactions. One might call it “regulation with a smile,” or perhaps “the slow, bureaucratic death of innovation.” Ah, but what do we know? Perhaps he dreams of a New York where even Bitcoin must wear a mask and carry a permit!
Another day, another crypto rollercoaster! 🎢 The ETFs teased us with a glimmer of hope, only to plunge us back into the depths of despair. Bitcoin and Ether funds saw some inflows here and there, but oh dear, the big boys at Blackrock decided to throw a tantrum, wiping out all the gains. Solana, however, is having the time of its life, cha-chinging its way to the top.
Lo! CryptoQuant, that oracle of on-chain whispers, reveals a tale of two worlds. While the masses wail and rend their garments, 52,000 BTC-enough to make a pirate king blush-vanish into the vaults of the elite, purchased at prices that mock the trembling masses below. $100,000? A mere trifle for these shadowy accumulators, who view market turmoil as a pesky mosquito at a summer feast. 🦩
Speaking to the ever-luminous CryptoMoon at the Blockchain Futurist Conference (a title that drips with the sort of optimism only the terminally naive could muster), Coinbase’s Chief Business Officer, Shan Aggarwal, waxed lyrical on the matter. According to this oracle of the digital age, the CLARITY bill (a name so transparently contrived it might as well be called OBVIOUS) and the GENIUS stablecoin bill (a moniker that invites one to question the IQ of its architects) are the very lifeblood of the onchain economy. “Effectively like oil,” he intoned, with all the gravitas of a man who has never changed his own tire. 🚗
