President Trump, ever the master of the vague, has denied any knowledge of the $500 million deal involving his family and an Abu Dhabi royal. He told reporters, “I don’t know about it,” which is either a remarkable feat of amnesia or a testament to the efficiency of family-run enterprises where everyone’s in on the secret.
VIRTUAL’s market cap is $422.27M – because nothing says “trust me, I’m a startup” like a number that’s probably just a guess. The token’s 24h volatility? A thrilling 2.0% – just enough to keep you on the edge of your seat.
In an astonishing display of fiscal gymnastics, 6,632 BTC glided smoothly from one anonymous wallet to another, like a well-rehearsed ballet on the grand stage of cryptocurrency. At the time of this whimsical transaction, our beloved Bitcoin was valued at a jaw-dropping $521,196,758. One cannot help but wonder if this was the result of an overzealous OTC sale or merely a whale indulging in a bit of financial feng shui by shuffling their Bitcoin hoard.
This is no mere ledger shuffle. It heralds a seismic shift in how institutions, once paralyzed by red tape, now pirouette toward digital asset custody and yield generation with the grace of a drunkard on a trapeze.
Lim Say Cheong, an award-winning finance and digital assets leader, with deep experience across global capital markets and sovereign advisory, now focuses on advancing tokenized gold-a pursuit as noble as it is bewildering. He recently joined the Bitcoin.com News Podcast to discuss the technology, where he undoubtedly explained everything in a way that left listeners both enlightened and profoundly confused.
Behold, the CryptoQuant scribes have deciphered the runes, comparing the febrile months of February to April 2025 with the present malaise. In those halcyon days, the Coinbase Premium Index, though oft dipping into the shadows, would swiftly return to the light. Discounts were but fleeting phantoms, absorbed by the voracious appetite of tactical sellers. Yet now, the shadows deepen, and the light grows dim. The current epoch is marked by a persistent negativity, a gaping wound that bleeds unchecked. US-based investors, once the stalwart guardians of the realm, have retreated, leaving the battlefield strewn with unresolved discounts and the bitter taste of abandonment.
This milestone, akin to discovering a long-lost sock under the bed, represents a pivotal moment in Ripple’s quest to spread its digital wizardry across the vast and mysterious markets of Europe.
Periods of consecutive monthly losses, notably in 2014 and again in 2018, marked the unwind of overheated rallies rather than structural failure. Recent weakness follows the same pattern, which is just a fancy way of saying, “Hey, remember that time we all lost our minds and now we’re paying the price?”
Traders, those ever-watchful souls, are now clutching their pearls and charts, pondering whether the next support levels will halt this downward spiral. The crypto market, in its current state of frailty, has only exacerbated the decline. Network activity and institutional interest? Darling, they’re but mere footnotes in this melodrama of short-term bearishness.
According to a letter that’s hotter than a subway platform in August, first spilled by CNN’s Allison Morrow, James and her crew (including Manhattan DA Alvin Bragg, who’s probably juggling this with his other 47 jobs) are calling out the GENIUS Act for being more like the “Oops, We Forgot to Protect Victims Act.” They argue it gives stablecoins a shiny “imprimatur of legitimacy” without bothering to add the necessary guardrails to stop terrorism financing, drug trafficking, money laundering, and cryptocurrency fraud. Because who needs safeguards when you can just call it “genius,” right?
