According to Shibburn, over 1 million SHIB tokens were ceremoniously immolated in the last 24 hours, a stark contrast to the paltry 200,000 scorched during the weekās earlier ābonfire liteā events. Truly, a spectacle of digital pyromania. š„
Oh, the drama of Microsoft Edge! It’s like the grandchild of the notorious Internet Explorer (aka “The White Elephant that walks and occasionally stumbles”). People have been meme-ing about it since the days when IE was “feature-rich,” which basically meant it was a fire hazard waiting to happen with all its bugs!
The Americans, in a fit of commendable – or perhaps merely theatrical – concern, have decided to gather a charming little coterie of nations. It seems theyāve become rather agitated about who is providing the gears and cogs for their fabulous new artificial intelligences.
Imagine a vast and ancient forest, where no single tree commands the shade – yet when the wind blows strongly, it is the movement of the treetops that determines the path of shadows. So too, the US Treasuryās account has risen to an astonishing trillion dollars, turning investor hearts into a merry go-round of uncertainty. While Bitcoin, with its capricious nature, waits patiently, the real force shaping fortunes is the silent flow of government liquidity, a force more powerful than any rally. šš¤
The recent MERL surge? Letās call it a āliquidity love-in.ā The derivatives market, that madhouse of numbers and bets, has poured $75.79 million into MERLās Open Interest (OI)-a record for something no one quite understands. For context, thatās a 27-million-dollar one-day spike. If markets were a high school, MERL would be the kid who shows up in a new outfit every day, all borrowed from their momās closet. š§„šø
Behold, Fartcoin [FARTCOIN], the darling of StalkChainās 24-hour “most bought” list, gleams briefly in the snowdrifts. But let us not mistake glimmers for gold; the broader memecoin herds still huddle in cautious fear. Capital, that fickle nomad, drifts toward the strong-though “strong” here means “less likely to vanish into thin air.”
Proof? John Ameriks, Vanguardās top quant guru, dropped this bombshell at a Bloomberg conference: Bitcoin is basically a ādigital Labubu.ā For the uninitiated, Labubu is a plush toy collectible thatās probably worth exactly zero but somehow sells for hundreds online. Genius, right? š»
In a missive on the platform X, Drew declareth that Ripple now standeth under the watchful gaze of federal and regulatory overlords. The RLUSD stablecoin, he saith, hath become the crown jewel of compliance, while XRP, that enigmatic token, hath marched straight into the heart of the U.S. financial empire. A grand jest, is it not? For what is compliance but a dance with chains? šŗāļø
And so, the first act began: Canary Capitalās XRPC, the trailblazer, took its bow a month ago. Soon after, four more ETFs joined the stage, including 21Sharesā TOXR, whose debut was met with the same enthusiasm one might reserve for a well-timed punchline. Here, then, is the tale of the first 30 days.
On Friday, Bitcoin decided to take a nosedive, shedding its gains like a snake shedding its skin, dropping 3.2% intraday. Itās been floundering between $84,500 and $94,500 for weeks, with a brief dip to $80,600 that had investors clutching their pearls. š§µš¤ This week, the olā crypto has been more volatile than a cat in a room full of rocking chairs, thanks to the Federal Reserveās interest rate shenanigans and some regulatory hoopla in the U.S. But, alas, itās failed to break free from its cage, falling back into the middle of its range like a tired circus bear. š»