His critique follows Circle’s dramatic, bordering-on-operatic, IPO and arrival on the NYSE—the sort of entrance that screams, “Look at me, mother!” and prompts onlookers to wonder just who will next strut onto the crypto stage in sequined tights and public shares.
The ways to stake are as varied as the bonnets at a spring fête. First, there lies CeFi—Centralised Finance, for those who enjoy a strong authority overseeing their coin, rather like trusting the housekeeper with the silver. Here, one hands over the digital treasure to a grand exchange and reclines, fanning oneself with the prospect of passive income. On the other hand, DeFi, or Decentralised Finance, is a more democratic system: users take their own wallets to a smart contract or a pool—no butler, no master, just the wild frontier—and may trade or otherwise gamble the tokens representing their share.
But hold on to your wallets! Bitcoin took a nosedive from $110,000 on June 9 to a low of $103,550 on June 12, all thanks to Israel playing whack-a-mole with Iranian nuclear sites. Strategy now has a whopping 592,100 BTC, which they bought for about $41.8 billion at an average of $70,666 each. Talk about a shopping spree! 🛒
In a post that could rival the finest of Russian literature, Hayes cautioned that while Circle’s IPO heralds the dawn of “stablecoin mania,” most of these new public stablecoin companies are destined to be overvalued and ultimately fail. A tragicomedy, indeed!
“At precisely 6:59pm Eastern, not a sausage roll remained uneaten and every pizza oven within whiffing distance of the Pentagon was hotter than a diplomat in July,” declared the perpetually hungry Pentagon Pizza Report X account on Thursday, June 12. An hour after this calamitous carb commotion, Tehran experienced some distinctly loud, uninvited fireworks. Apparently, Israel had decided to resolve its nuclear heebie-jeebies by launching pre-emptive fireworks of its own at Iran.
2019 saw a markedly distinct world as Death Stranding made its debut on store shelves. This game came before the worldwide pandemic and various other significant global incidents that have followed.
Our intrepid lawyer, James K. Filan, took to the digital ether on June 17 to reveal that the SEC has asked the U.S. Court of Appeals for the Second Circuit to put the brakes on appeals. This request comes in light of a pending motion for an indicative ruling in the district court, which sounds far more exciting than it actually is. 🥱
So, apparently, Trump’s back in the spotlight (because it’s never boring enough, right?)—he’s racing home from the G7. The man can’t skip an argument if his life depended on it. Word is, he’s trying to put out the Israel-Iran dumpster fire before it turns into an all-you-can-eat apocalypse buffet for the markets. But here’s the kicker: he tells “everyone” to evacuate Tehran. Everyone! What does that mean? Is he sending a group text to 14 million people? Or just calling it in on DoorDash? Nobody knows. 🙄
In its heyday, no one excelled more at banter and wordplay than “RHOA,” and this is hardly surprising since trash-talking has a rich history in the Black community, with roots traced back to West African cultures. As one scholar noted, these topics of jest are often taboo in other social settings. We engage in it to strengthen bonds, entertain, argue, and as some suggest, it’s a mental exercise, requiring quick wit and intelligence. Activist Jamil Abdullah Al-Amin likened our propensity for trash-talking to white people playing Scrabble. This communicative style is deeply ingrained in us, and “The Real Housewives of Atlanta” have masterfully tapped into this natural talent for banter, showcasing their sharp wit and snarky reenactments of each other’s outlandish antics.
Ethereum hit a speed bump around $2,440 and thought, “Hey, why not try to recover?” So it bounced up above the $2,500 and $2,550 resistance levels. At least it tried.