Bitmine’s latest stunt shows it’s still on the ether-gathering spree, now holding a cool 3.73 million ETH, alongside $882 million in cash and a collection of other crypto assets. The company’s total stash now sits at a comfortable $12.1 billion, which is less like a piggy bank and more like a crypto-holding fortress. 🏰
Yet, even as BitGo ceased its batch updates, the activity persisted-evidence, it seems, of new players donning their digital masks to reconfigure vast domains of accounts. A curious spectacle, is it not? 🤔
According to the ever-astute Nikkei (because of course, the Japanese media knows everything before we do), Sony Bank is determined to dive headfirst into the US stablecoin market. By 2026, they’ll be offering a digital currency, forever tethered to the US dollar. No more foreign exchange hassle when you’re subscribing to yet another streaming service or purchasing virtual loot in your favorite game. This is Sony’s way of making sure you can spend your money even faster-and with a lot less thought. 💸
Strategy’s stock is now trading below the value of its Bitcoin holdings-how’s THAT for a holiday miracle? It’s like buying a gift card for a restaurant that’s already closed. 🎁💸
Alas! The BONK token, once gleaming with promise, has slid a most unflattering 9.32%, now worth a mere $0.000008805. This sad affair represents a continued decline, as the Solana-based memecoin falls to new lows in this most tragic cycle of its existence.
Oh, honey, gather ‘round, because we’re about to dive into the wild, wild west of Web3 trading competitions. 🌐✨ Yes, it’s like The Hunger Games but with more charts and fewer sparkly teenagers. Basically, it’s where traders flex their skills, risk virtual money (because who needs real consequences?), and compete for prizes that could buy a small island. Or at least a really nice latte machine. ☕️
Bitcoin slipping under $87,000 this week is a reminder that even the bluest of blue chips can whipsaw late in a cycle. 🤡
Joseph, who once spent “100’s of hours” (a term so vague it could mean 100 hours or 1,000,000) dissecting Tether for Citi, took to X to deliver a masterclass in financial clarity. His message? Tether’s balance sheet is less a “House of Cards” and more a well-organized cabinet of secrets. 🧹
In a resurfaced interview, Musk, with his characteristic aplomb, declares Bitcoin’s energy-backed essence as its shield against manipulation. “Fiat is but a phantom,” he quips to Nikhil Kamath, “while Bitcoin, like a stubborn mule, resists the siren song of inflation.” His logic, though seductive, is not without its critics. Schiff, ever the skeptic, retorts that Bitcoin’s value is as real as a unicorn’s horn, its recent dip a wake-up call to the deluded masses. His barbs, aimed squarely at Michael Saylor’s Strategy, suggest the company’s model is built on sand-or perhaps, more aptly, on the quicksand of share dilution. 🦄💸
Oh, what a tale of grimy streets and digital gold! 🌍💰 The mighty Ripple, that sleek serpent of the financial world, has clawed its way into Singapore’s iron grip, earning the Monetary Authority’s begrudging nod. 🧱⚖️ With a license as shiny as a new coin, Ripple now struts its stuff, offering cross-border transfers that dance … Read more
