VCs, of course, are more than happy to do this, as they get a chunk of the long-term payoff – if there ever is one, of course. Most startups fail, and the business is highly predicated on unicorns to drive venture funds. Because nothing says ‘I’m a visionary’ like betting on a unicorn that might just be a donkey in disguise. 🦄🐴
Like a determined squirrel hoarding acorns for winter, Bitwise dropped a Form S-1 filing on Thursday, officially registering the “Bitwise Sui ETF” with the SEC. One small step for Bitwise, one giant leap for… well, probably just Bitwise.
We had a most felicitous conference with Chairs Tim Scott and John Boozman, who confirm that a markup for Clarity cometh in January. By their leadership, as well as Rep. French Hill and Rep. GT in the House, we are nearer than ever to passing the landmark crypto…
Experts from SynFutures, Brickken, and Cake Wallet said that stablecoins, privacy, tokenized assets, and applied AI shaped adoption through genuine demand rather than speculation. 🧾
Bitwise, the crypto index fund manager with more ideas than a room full of caffeinated developers, has tossed another hat into the ring. This time, it’s a Sui-based ETF, because apparently, Bitcoin and Ethereum weren’t enough to keep them busy. 🌪️
At the moment, SUI dances at $1.42, a 5-6% dip in the last 24 hours, yet clings to a rising trendline drawn since its birth. One might call it a “long-term relationship,” though neither party seems entirely committed. 🕊️
Volume didn’t just surge; it did a full-blown circus act, jumping 35% above its usual sleepy 30-day average, all thanks to CoinDesk’s fancy technical analysis model.
That’s right! The world is turning upside down, or at least giving your boring old finance world a good shake. Now, instead of trusting banks or fat-cat brokers, folks are trading stocks straight from their chat window. Talk about killing two birds with one stone-messaging and money, all in one place. Who knew chat apps would become the new fancy trading floors? 🤪
SoFi Technologies, that buzzing digital financial service provider-who started by helping students dodge debt-has now stepped into the era of digital tokens. The new SoFi Stablecoin (SOFI) is pegged one-to-one with good old U.S. dollars stored safely in a reserve, just in case the crypto craze gets too wild. Only time will tell if Uncle Sam is ready to embrace this new, shiny way to move money faster than a horse-drawn carriage. 🚀🐎
Mere days after its mainnet debut, ADI Chain has ensnared the hearts (and MOUs) of financial behemoths. How utterly predictable-and yet, how divinely dramatic! The ADI Foundation, with its compliance-first charm, has positioned itself as the Layer 2 network of choice for the discerning elite. 🕶️🔗
