In a rather audacious Financial Institution Letter (FIL-7-2025), the FDIC has laid out a new path for banks eager to dip their toes into the shimmering waters of cryptocurrency. Gone are the days of the previous FIL-16-2022, which insisted that banks must first seek the FDIC’s blessing before embarking on such ventures. How quaint! 🕰️
In a world where the largest cryptocurrency exchange is like a cat with a laser pointer, constantly chasing the latest market trends, Binance has recently decided to sprinkle some meme coin magic dust. Enter the illustrious quartet: Mubarak (MUBARAK), CZ’s Dog (BROCCOLI714), Tutorial (TUT), and the ever-ambitious Banana for Scale (BANANAS31) into the Binance Simple Earn section. Yes, you heard that right, folks! 🍌
This bold proclamation comes hot on the heels of the New York Attorney General’s $200 million settlement with Galaxy Digital, a saga tied to the spectacular implosion of the LUNA token. Scaramucci, in a fit of X-rated (well, X-platform) frustration, labeled the Martin Act as “dangerously powerful,” a law so broad it could probably prosecute a ham sandwich for being too salty. 🥪
Bitcoin (BTC), once the proud behemoth, now lay battered, its value plummeting below $84,000, a gut-wrenching 5.5% drop from its lofty perch earlier in the week. The altcoins, those delicate flowers, wilted under the pressure, with Polygon (POL), JasmyCoin (JASMY), Bonk (BONK), and Injective (INJ) suffering the slings of outrageous fortune, their values crashing by over 10%. 🤯
Brandt, a man of considerable renown in the world of market predictions, has observed that Bitcoin’s price has been as stubborn as a mule, refusing to breach the $90,000 barrier. One might say it’s been sulking, much like a child denied dessert. 🍰
But hold your horses! While the speculative assets were playing hide and seek, the stablecoins were strutting their stuff like a rooster in a henhouse.
Despite the market’s capriciousness, a hearty band of Dogecoin enthusiasts clings to their digital treasures with the fervor of a cat to a sunbeam. According to the esteemed sages at Glassnode, the supply dynamics of our beloved meme coin reveal a rather intriguing tableau. Over 7% of DOGE’s supply is huddled around the $0.20 mark, a veritable fortress of hope, nestled snugly between the $0.17 and $0.07 clusters. Who knew that numbers could be so cozy? 🏰
Crypto.com’s CEO, Kris Marszalek, confirmed the news, probably while sipping a celebratory drink that may or may not have been a piña colada. He stated that the firm had successfully navigated the regulatory scrutiny, which is a fancy way of saying they dodged a bullet that was never really fired in the first place.
As of today, Shiba Inu’s price trades at a modest $0.0000133, following a 5% decline in a mere 24 hours – a trifling setback, really, in the grand tapestry of crypto market whims. This slight downturn, of course, was precipitated by the US PCE inflation data for February, which arrived with all the subtlety of a surprise party. 🎉
As the village elder, Analystius the Wise, decreed: “Beware, dear XRP, for if thou breakest below the support level, a plummet of 40% may ensue, leaving thee gasping at the paltry sum of $1.32, a far cry from thy current lofty perch of $2.17.” 😱