Coinbase Just Made Crypto Go Viral… Or Did It?

Hougan frames the development within his long-running meta thesis that crypto is “going to reinvent the fundamental aspects of finance.” He highlights Bitcoin as “reinventing gold,” stablecoins as “reinventing dollars,” and tokenization as “reinventing trading and settlement.” He stresses that crypto remains early in each cycle but says the endgame is already visible: “I expect that eventually most assets will be tokenized, most dollars will move on stablecoin rails, and bitcoin will be as widely accepted as gold.” 🪙✨

Bitcoin’s Bit of a Bother 😱

Ever since the Bitcoin bulls found themselves rather stuck near that dizzying height of $126,000, they’ve appeared to have misplaced their enthusiasm. Their inability to defend a perfectly good interim support level is, to put it mildly, concerning. We’ve had a procession of lower highs and lows, culminating in a rather undignified tumble to $96,712. A bit of a rebound to above $97,000, naturally, but the threat of further decline hangs over one’s head like a particularly gloomy cloud.

Shocking Truth About Pi’s ‘Dual Value’ Scam Exposed 🍋💥

The culprit? It’s the daily unlock-glorious drip, drip, drip of tokens flooding the digital gulag. More pioneers = more supply = more panic selling. Is this innovation? No. It’s economics with a smiley face emoji. 😊📉

And, of course, the great promise-utility! Ah yes, the mythical “real-world use.” You know, like buying a kilo of potatoes in Siberia with Pi. Except… there are no potatoes. There is no store. But plenty of PowerPoint slides. 🥔🚫

Without utility or a moral obligation to HODL (Holy Digital Grail!), demand staggers beneath the weight of endless liquidity. Reclaiming all-time highs? That would require miracles. Or manipulation. We’ll leave it to the reader to decide which is more likely. 🤫

Mastercard’s Stablecoin Gamble: Digital Rubles or Bust?

As the financial world races toward a digital future, Mastercard has made a bold leap. On November 13, Mastercard announced that their Mastercard Move platform would now support stablecoin wallet payouts through a partnership with Thunes. This move aims to provide global users with faster, more flexible money-movement options. But let’s be honest-is this the dawn of a new financial era, or just another attempt to stay relevant in the crypto craze? 🤔💸