XRP, that crypto chameleon, now dances to the tune of institutional caprices. Bitrue, Singapore’s own financial puppeteer, reports a 212% spike in XRP spot purchases, a twofold triumph over sell orders. One might almost believe in a renaissance, were it not for the looming shadow of market absurdity.
Trois entreprises ont mis la dignité de la PERPétuelle Preferred Equity, renommée Stretch (STRC), sur leurs bilans, dès que le titre a retrouvé son prix « Noble » de 100 dollars.
So, Hut 8 decided to swap its Bitcoin miner hat for an AI crown, and let’s just say the transition is as smooth as a first date with a chatbot. Despite a net loss that could make a Kardashian’s divorce settlement blush, revenue soared like a meme stock on a good day. Management’s pivot to AI infrastructure is either genius or a Hail Mary, but hey, at least they’re keeping it interesting.
So, Ethereum treasury firm FG Nexus decided to offload another 7,550 ETH, worth roughly $14.06 million, according to Lookonchain. That’s like selling your soul for a slightly used treadmill. Their once-bold conviction in ether’s upside now looks about as solid as a Jenna Maroney promise.
Bitwise, a San Francisco-based crypto asset manager with $15 billion in assets (or “digital gold” if you’re feeling poetic), has acquired Chorus One, a staking provider with $2.2 billion in staked assets. The deal folds Chorus One into Bitwise Onchain Solutions, a division that now sounds less like a tech startup and more like a Kafkaesque bureaucratic nightmare.
And just when you thought, “Oh, that’s a nice little chunk of change,” here comes the kicker: USDC in circulation hit $75.3 billion. That’s a 72% year-over-year growth. Not bad, not bad. But the real question: is there anyone not using USDC at this point? It’s like the water cooler of crypto-everybody’s got it, and if you don’t, well, what are you doing with your life?
The rally follows the launch of Etherfi Cash, a Visa card offering up to 3% cashback with no annual fee. The card integrates with Apple Pay and Google Pay and is accepted globally. Because nothing says “I’m a DeFi wizard” like getting 3% back on your coffee.
And yet, as if the idea of allowing financial experiments weren’t enough, there’s a caveat – policymakers are also proposing limits on the amount of stablecoins any citizen can own. That’s right. Apparently, the government is worried about people hoarding all the shiny, digital coins like it’s some sort of treasure hunt. Which, let’s face it, it probably is.
Behold, the DOT price now dances at $1.53, having leapt a sprightly 23% in the past day. Such vigor! Such vigor that makes one wonder if the coin has secretly enrolled in a Zumba class. This ascent, however, is not mere froth; it has decisively breached a multi-month channel that had caged it since late 2025. A cage, mind you, that was likely built by a bear with a grudge and a protractor.
In the same breath, its market cap jumped 23% to $488 million. Talk about a good day at the office. Steady capital inflow? More like a floodgate opening.