Crypto news

U.S. President Donald Trump’s “Board of Peace” is supposedly crafting a U.S. dollar-backed stablecoin to “support” Gaza’s economy. Because nothing says “we care” like a digital currency.

XRP, in its latest escapade, has plummeted 69%, sending the market into a fit of nervous hysteria. Yet history, that most reliable of gossip columns, whispers that such panic often marks the beginning of a glittering comeback. Recall the last time XRP performed this dance of despair? It was swiftly followed by an 835% rally, leaving traders to ponder whether this new chapter is merely a prelude to another triumphant aria.

The token broke below the $600 support, printing a low near $583 before a mild rebound that could be described as “optimistic” if you’re feeling generous. In doing so, BNB fell beneath its short-term 9 and 21 Moving Averages, reflecting sustained bearish pressure-like a disco ball in a coal mine.²

In a matter that reads like a ledger entry from some luxury apartment in St. Petersburg, Bitmine Immersion Technologies, Inc. (BMNR), a firm that proudly brands itself as an “Ethereum‑focused treasury,” has swollen its coffers by 51,162 ETH. The total now stands at 4,422,659 tokens-about 3.66 % of the whole country’s supply. At a price of $1,958 each, this vault would make any small Russian gentry blush with envy.

The LTP Summit, in its fourth iteration, was less a conference and more a ritualistic incantation to appease the market gods. Attendees gathered not to celebrate innovation, but to whisper prayers over spreadsheets, hoping their numbers would survive the next crypto winter. The event’s claim of 1,000+ attendees felt less like a crowd and more like a funeral procession for the old guard, with every panel a eulogy for centralized finance.

Behold, the tragic figure of Sam Bankman-Fried, once a titan of crypto, now a shadow wandering the corridors of public opinion. With a tweet, he plunged into the maelstrom, declaring TrumpRx a “huge step in the right direction,” as if the heavens themselves had ordained his words.

At present, Bitcoin finds itself in a lovely little range, teetering between the buyers and sellers like a drunkard at a party trying not to spill his drink. This delightful equilibrium suggests that the next dramatic move will hinge upon how investors decide to play their cards-will they fold or go all in?

With ETH stubbornly clinging to sub-$1,900 levels, traders are now playing a high-stakes game of “Is this a rebound or a setup?” It’s like watching a reality show where the only prize is a free vacation to Despair Island. Spoiler: the island has no cell service.

As the oil prices plummeted, the markets, in a reaction reminiscent of a suspenseful thriller, saw gold prices rise like bread dough left in the sun and U.S. equity futures slip faster than a politician’s promise. Analysts, those delightful purveyors of market wisdom, noted that the higher tariffs are expected to deflate trade volumes, weaken industrial output, and quell the insatiable thirst for fuel, which is bearish for crude. Who would have thought tariffs would be so dreary?

Consequently, the world of crypto‑related IPOs has been set alight, with fundraising bleeding $14.6 billion as investors scurry for alternatives to the wobbling token model.