According to Cathiesark.com, ARK Invest has sold off a staggering $6.3 million worth of Coinbase (COIN) on July 10th. But wait, there’s more! They also ditched $5.6 million worth of Robinhood and $8.5 million worth of Roku between July 10th and July 11th.
Starting July 13 at 17:00 UTC, ICP began a steady ascent, reaching its session high of $5.6781 early on July 14. This rally was underpinned by a significant increase in volume, topping 800,000 units during its most aggressive upward leg between 02:00 and 05:00 UTC. Bulls briefly tested resistance above $5.67, a level that had historically capped upside momentum.
Indeed, over a trillion dollars worth of T-bills are set to flood the market in the next one to one and a half years, as the Treasury seeks to address a colossal fiscal deficit, according to Reuters. 🌊💸
Source – investegate
In a series of press releases on Monday, Strategy, BitMine Immersion, Sequans, Sonnet BioTherapeutics, and Metaplanet all announced that they are increasing the amount of crypto in their respective treasuries. 💰
The issue, darling, isn’t technology. It’s that we’ve been building solutions looking for problems, rather than focusing on solving real challenges and delivering real value. How quaint.
With this move, the 60 million souls who frequent OKX’s digital halls will now have access to the Global Dollar (USDG) for trading and transfers. The announcement, made with the usual fanfare of press releases and corporate jargon, suggests that this could be a significant step towards the broader adoption of a regulated US dollar-backed stablecoin. 📢
Some experts, however, are not laughing. They fear a massive bubble, warning that this Bitcoin binge could lead to a supply shock. If the price takes a nosedive, the domino effect of forced liquidations could spell doom for these companies. 🌋💥
Now, trading at roughly $69 on the NASDAQ (that’s Nasdaq, not Nas-fac, for the uninitiated), IBIT doesn’t just hold the title of the largest Bitcoin fund on the market, but it also claims the crown as BlackRock’s number one money-spinner, according to our intrepid friend Bloomberg’s own Eric Balchunas. Quite the feat for a sprightly lad of only 1.5 years, wouldn’t you say?
In a tweet so riveting it could have easily been listed in the intergalactic bestsellers, SMQKE shared the Ripple scroll of doom—sorry, *document*—which noted that XRP is likely to appreciate further as demand increases. The crypto leviathan believes this demand will swell like a bread dough left in a warm place as its payment services become as commonplace as wiggly green aliens. Cryptic but relevant details suggest that XRP must provide tangible benefits to its holders—otherwise, it risks becoming just another speculative dust mite floating in the cosmic ether.
