According to a delightful analysis shared by the oh-so-reputable Glassnode on February 9, XRP is showing signs of crumbling profitability. Apparently, the cost basis has broken down faster than my willpower at a dessert buffet.
Mr. Dixon, Managing Partner at a16z Crypto, observed with his customary gravity that the fashion of the hour is to profess that non-financial uses of crypto are dead.
But wait, there’s more! Signature phishing attacks surged in January like a loaf of bread rising too fast. Scam Sniffer reported that $6.27 million was pilfered from 4,741 victims-a shocking 207% increase from December. I guess ‘Phishing Season’ is now a thing. The biggest fish in this pond were $3.02 million snatched from SLVon and XAUt through some fancy permit/increaseAllowance maneuver, and $1.08 million from aEthLBTC, also via permit. Clearly, these folks should have taken a course in ‘How to Not Lose Your Life Savings 101.’
Wrap your head around this-if you had a pet hamster that collected coins in a jar, it would probably out‑earn the entire Trump real‑estate game in less time. Who would you blame? Dean and Danny…
This unexpected ballet followed days of declining fortunes, marking a fleeting reversal from the broader downward spiral-the only thing falling faster than Dogecoin’s price is perhaps my hopes for a stable market.
So, France’s financial regulator, the Autorité des Marchés Financiers (or AMF, because who has time for full names?), has decided to play the role of the stern headmaster, wagging its finger at crypto firms and saying, “Shape up or ship out.” The MiCA transitional period, which has been the crypto world’s version of a grace period, is ending on July 1, 2026. That’s right, folks-time to put away the toys and start acting like grown-ups.
The behemoth of crypto exchanges, the largest in the United States by trading volume, hints at a tantalizing possibility: soon, we may witness the birth of Superform on the trading floor, like an over-ambitious phoenix rising from the ashes-or perhaps more fittingly, a digital chicken with its head still firmly attached.
Ah, but let us not forget the fabled $100,000 threshold-a psychological milestone that Pompliano insists looms large over the horizon like an ill-tempered cloud. Many a weary Bitcoin holder, having clutched their digital gold through thick and thin, decided that upon touching this enchanted figure, it was time to cash in their chips. “Some of these people sold,” Pomp laments, as if each sale were a tragic loss of a beloved pet.
The remaining 0.3% has been repaid using company assets.
In a rather predictable turn of events, our dear friends in the cryptocurrency realm will soon see some additions to their trading buffet. Among the selections, we find Ripple (XRP), Sui (SUI), Aster (ASTER), Internet Computer (ICP), and a few other equally intriguing candidates vying for attention.