Crypto News

Yet, let us not be deceived by the glimmer of success, for this move heralds a fierce competition in the European crypto bazaar. Other exchanges, like OKX and Crypto.com, have also donned their regulatory armor, securing MiCA licenses in January, while Bybit followed suit in May. And lo! Gemini, that ever-hopeful contender, is on the cusp of obtaining its own license, as reported by the ever-watchful Reuters. One can almost hear the clinking of coins and the rustle of paperwork in the air! 💰

Firstly, the government, in its infinite wisdom, seeks to encourage the development of youth assets through the magic of novel financial instruments. Among the most important plans is the launch of virtual asset spot ETFs, allowing investors to dip their toes into the cryptocurrency pool without the need to actually own a floatie. The FSC is also polishing its regulatory regime, particularly concerning stablecoins—those digital currencies that cling to traditional cash like a child to their mother’s leg.

According to Uber’s top exec, Megha Yethadka (who, by the way, clearly has *some* bold plans), Uber is now all about data – and they’re handing out large-scale data sets and all the fancy tools to build AI models. Think of it like a drive-thru service for AI models. And guess what? They’re offering up Uber’s data labeling platform so companies can hop on the AI bandwagon and, wait for it… build their own AI agents! Yes, Uber now wants to be your AI partner in crime. 😎

After this announcement, the company’s stock shot up more than 4%! Coinbase is calling this a “pivotal moment.” I mean, who wouldn’t want to pivot like a ballerina on a crypto stage? 🩰

As the clock strikes the current hour, Bitcoin is barely up by a minuscule 0.03%—not exactly the exhilarating affair we were hoping for. One can hardly be surprised at the trading volume, which resembles a quiet tea party with only a whisper of a 0.71% change over the last 24 hours. Resplendent! 🥳

Now, Waller reckons the central bank’s core rate is sittin’ out yonder—a whole 1.25% to 1.50% higher than it needs to be, like a cow perched atop a windmill (which is to say, too high and making folks nervous). He says:

XRP traded within a 3.81% range from $2.143 to $2.182 over 24 hours, with strong buying pressure defending support at $2.143 during the 07:00 hour, where volume spiked to nearly 50 million units. Resistance was tested repeatedly at $2.179–$2.182 throughout the day but held firm, like a stubborn mule. 🐴

Once upon a time, the Trump-affiliated company, DT Marks DEFI LLC, held a robust 60% stake in the grand venture of World Liberty. But alas, the winds of change have blown, and now, the fine print on the platform’s website reveals that DT Marks has reduced its holdings to a mere 40%. It seems that even in the world of finance, one must occasionally downsize, much like one downsizes their wardrobe after a particularly indulgent holiday season.

Unverified reports suggest a possible collaboration may involve Reddit using an eye-scanning technology to combat fraudulent user accounts and bots.

With the token currently flirting with a modest 1.5% rise over the past week, it seems traders, much like inquisitive crows, are drawn anew to the glimmer of potential gains, however illusory they might be.