As lawmakers wrestled with legal jargon, crypto moguls from Ripple, Coinbase, and TRON made their voices heard, not just in support, but with a sense of triumph. “Victory is ours!” they declared. And, in the midst of all this, the GENIUS Act was heralded as a monumental win for the United States. 🇺🇸
And guess what? XRP isn’t even the top performer this week. Shocker, right? Another top 3 coin has stolen the spotlight, outperforming XRP’s performance. I know, it’s like finding out your favorite sitcom got canceled because it wasn’t as popular as that new reality show about people eating bugs.
Backpack, a valiant provider of wallet and exchange infrastructure, has unveiled a charitable initiative—a non-profit channel for the sale of FTX claims, affording its users a remarkable opportunity to cast off their burdens without the shackles of fees. How noble! Or perhaps, just clever marketing? 🤔
Ah, but lo! A recent paper of press, gilded with hyperbolic proclamations, reveals that this enchanted platform offers these select crypto connoisseurs pricing more delectable than the finest coupon clippings from mainstream travel titans like Booking.com, Expedia, and the likes of it. Imagine, dear reader, the delightful irony: travelers exchanging treasures in pixels while traditionalists collect their points like stamps in a passport. 📜💼
Now, our gallant trader believes that XLM is perched on the edge of a magnificent upside potential. However, bear in mind that some analysts, perhaps the cautious type who never leave home without their helmets, assert that short-term traders might very well end up losing their proverbial shirts as the altcoin’s Open Interest reaches levels usually reserved for discussions on cat memes.
The tweet claims the XRP originated from a wallet tagged rPPbi1iNXmvY9HmJ9sH9g4gxvgVEfN4NaZ, sparking fears of insider foul play or hidden activity. 🕵️♂️
Enter Stellar (XLM), the underdog of the crypto world, which has been on a tear, surging by a whopping 63% in just seven days. That’s right, while XRP was up by a mere 39%, XLM was outperforming it like a pro. It’s like XRP was running a marathon, and XLM decided to take a shortcut through the park. 🏃♂️💨
As if awakening from a long slumber, lawmakers are rousing themselves, brushing the dust off their ethics manuals, and striding forth with renewed purpose. U.S. Representative Jimmy Panetta (D-CA), walking with the gravity of the times, declared on the sixteenth day of July his partnership in crafting two pivotal proposals—a noble partnership indeed, intended to fortify the walls of morality against the flood of digital temptation.
The White House, in a move that surprised absolutely no one, has announced Trump’s commitment to giving working Americans the wheel—or should we say, the wallet—when it comes to their savings. And if that wasn’t enough, there’s whispering in the air about small crypto transactions being exempt from capital gains tax. Because who doesn’t want a little extra motivation to hop on the Bitcoin bandwagon? 🚀
Now, we know what you’re thinking: “But what about the controversy surrounding XRP’s all-time high?” Well, let’s just say it’s a bit of a mess. Different exchanges and data aggregators can’t seem to agree on the numbers. However, according to the all-knowing CoinGecko, XRP has indeed blasted past its previous peak of $3.4 and is now sitting pretty at over $3.6.