Crypto Mayhem: XRP ETF Hits Record, But Wait-PEPENODE is About to 10x?
And wouldn’t you know it, they were right! The REX-Osprey XRP ETF launched on the Cboe BZX Exchange under the ticker $XRPR, and it shattered records right out of the gate.
And wouldn’t you know it, they were right! The REX-Osprey XRP ETF launched on the Cboe BZX Exchange under the ticker $XRPR, and it shattered records right out of the gate.
But the plot thickens, dear reader! Vanguard now holds a cool 12.44 million shares in Metaplanet, an enterprise that has not only embraced Bitcoin but is positioning itself as the globe’s most audaciously visible Bitcoin treasury firm. One might say Metaplanet is gallantly waving the flag of cryptocurrency, as if to challenge the very notion that ‘old money’ is incapable of developing a taste for the esoteric. How quaint, indeed, that such an old-world institution should see fit to flirt with a financial fad that once seemed the exclusive domain of young techie rebels and their ever-so-dramatic tattoos. 💰💎
Pour yourself a stiff cup of coffee, old sport, for the final furlong of the year promises to be as thrilling as a steeplechase with a particularly obstinate horse. 🏇☕ With the Federal Reserve (Fed) embarking on what appears to be a rate-cutting spree, the crypto crowd is abuzz like a hive of over-caffeinated bees. 🐝💸 Analysts, those soothsayers of the financial world, are predicting a record-breaking romp for Bitcoin (BTC), the pioneer of the digital realm.
But let us, dear reader, rewind the clock to the week prior, when the world held its breath as Bitcoin, that tempestuous enfant terrible of the financial realm, struggled beneath the weight of $115,000. Ah, the irony! A sum that would make kings weep, yet for Bitcoin, a mere stepping stone. And step it did, leaping to $116,800, a height not seen in nigh on a month. A triumph, one might think, but in the fickle world of crypto, triumph is but a fleeting whisper.
A stormy thread on X revived the age-old quarrel over blockchain bloat. Into the fray leaps Vitalik Buterin, waving his flag with a firm “No!” to one particularly fashionable solution: state expiry.
PENGU, the token tied to these chubby, tuxedo-wearing crypto stars, just flexed a 12.8% gain in 24 hours. 💪 Trading near $0.037 with a market cap of $2.3B, it’s the prom king of Solana’s meme coin high school. 🕺 And let’s be honest, liquidity loves PENGU more than a penguin loves fish. 🐟 Whenever the meme sector sneezes, PENGU says, “Bless you, and here’s my rebound!”
Grvt, pronounced “gravity” (because why not add a touch of physics to finance? 🌌), has pulled in $19 million in Series A funding. This DEX, built on the ZKsync Validium L2, is the magician of the crypto world, using zero-knowledge proofs to keep transactions secure yet secretive. 🪄
Solana’s SOL treasury is growing, and ETF approval might be coming. Let’s just hope this isn’t the next Beanie Baby comeback story. 🐻
The Futures market is like the optimist at the party, all bullish and ready to take on the world, with long positions stacking up like a pyramid of overly enthusiastic investors. Meanwhile, the Spot market is sitting in the corner, sipping on water, just watching cautiously as if waiting for someone to prove it’s worth getting in the game.
Ah, the theater of crypto! Over 158 million Dogecoin (DOGE) have been devoured by wallets holding between 1 million and 10 million coins, as whispered by the oracle Ali Martinez. This gluttony has swollen their coffers to a staggering 11 billion DOGE. 🍽️🐳