Announcing the news with the breezy elan one reserves for personal victories at the races, Deputy Finance Minister Chulaphan Amornvivat took to X (formerly Twitter for those who still haven’t got the memo) to declare a new dawn in Thailand’s crusade to become a great digital asset destination—possibly, one suspects, while wearing sunglasses indoors. 🕶️
According to the latest on-chain data (which sounds like something out of a sci-fi movie), U.S. spot Ethereum ETFs now hold a whopping 3.91 million ETH, valued at around $10.56 billion. That’s a lot of digital coins! The rise in assets under management (AUM) follows a steady stream of net inflows, which is just a fancy way of saying that investors are throwing their money at Ethereum like it’s a hot new trend. 📈
Meanwhile, Charles Hoskinson’s $100M ADA treasury reallocation proposal is stirring the pot. The plan aims to mint native stablecoins (USDM, USDA, iUSD), generate treasury yield, and bolster DeFi liquidity.
This could potentially transform Cardano’s treasury into a decentralized sovereign wealth fund. Ambitious? Yes. Controversial? Absolutely! The community is divided like a family at Thanksgiving. 🍗
And get this: Trump’s crypto ventures alone raked in over $57.3 million in 2024. That’s his second-biggest income source—only the hospitality business, with a cool $418 million, beats it. Talk about diversification! 🤑
Now, you might wonder, what caused this ruckus? Well, it seems there were no shiny new updates, no fancy partnerships, and certainly no grand exchange listings to explain the sudden surge. Instead, it was the lively chatter of the community that set the stage for this spectacle. Some say a cheeky post from Kraken, a crypto exchange, might have been the spark that lit the fuse! 💣
Yet, despite the mother of all faceplants, a dedicated clutch of traders still fancies ZKJ’s odds, wagering on a comeback that would make Lazarus look like he just took a quick nap. The Polyhedra boffins, meanwhile, have whipped out their emergency action plan, an event met with about as much anticipation as the announcement of biscuits during afternoon tea.
On that fateful Mainnet Gala Day, PI soared to $0.8705—a climb of 2951.40% in six days. Imagine M. Jourdain boasting such numbers at the daily market! Yet, since the 27th of February, this coin proved as fickle as a suitor’s promise.
As the latest revelations from Santiment reveal, the number of unique wallets engaging with the XRP network has skyrocketed to an astonishing average of 295,000 per day over the past week. This figure stands in stark contrast to the meager 35,000-40,000 that graced the asset’s 90-day average. Such a meteoric rise in network activity is unprecedented, hinting at a seismic shift in the market’s collective psyche.
With the generous backing of a princely sum—$20,000, to be precise—courtesy of the illustrious ChainGPT Web3-AI Grant Program, CertiK has woven the intricate threads of ChainGPT’s Web3 LLM SDK into its very fabric. This audacious endeavor has transformed the arcane language of on-chain risk into something that mere mortals can comprehend. Yes, indeed! AI-generated ‘Token Scan’ summaries now elucidate the treacherous waters of centralized control, transfer restrictions, and external call risks in a manner so clear, one might think it was penned by a poet rather than a machine.
Here’s the riddle: how does one borrow money without selling out? The answer: you provide collateral, not in gold, nor in old Samovar parts, but in cryptocurrency. The trick, comrades, is that you don’t say goodbye to your precious Bitcoin, Ethereum, or your beloved FestiveCoin. Instead, you merely lock it up—like a moth in a jar—so you can borrow funds, live a little, and still pretend you’re hodling for the revolution.
