This climb, though steady, is not without its critics. The token has gained 13% over the past week and nearly 30% in the last month, yet it remains more than 50% shy of its all-time high of $52.70, a peak reached in May 2021. But who counts the steps when the mountain is in sight? 🏔️
August 19th (possibly a date foretold by a nervous accountant) arrived with the grand announcement: crypto lending services-introduced mere moons ago by the likes of Upbit and Bithumb-are simply too much like trying to teach a goldfish to juggle. The FSC decided they’re in a “legal gray area”, which is somewhere between a shadowy alley and a bureaucratic blender-unnecessary risks and users potentially getting turned into unpaid interns.
With a market climbing higher than a cat in a tree, dazzling on-chain stats, and a fancy new institutional playground, SEI promises a future brighter than a neon sign in Vegas.
They’re promising faster transactions AND a pre-confirmation system. Milliseconds, they say. Milliseconds! As if I’ve got nothing but milliseconds to spare. Still, it sounds marginally less frustrating than waiting forever for something to go through. And bless their hearts, they’re trying to make fees make sense with an EIP-1559 inspired mechanism. It’s going to be a minimum of 3 gFRI which, frankly, is still a price tag I need to sit down and contemplate with a large glass of something bubbly. 🥂
In true democratic fashion-or at least as close as crypto gets to democracy-founder Sergey Ivancheglo (or Come-from-Beyond, if you’re into aliases) held a vote. The question? Which Proof-of-Work network should Qubic target next? It was like asking which house you’d rather throw a rock at, but hey, choices are choices.
Profit-taking near Bitcoin’s range highs, because of course they did – who doesn’t take a quick profit when the market’s dancing on a tightrope? 🤹♂️💸
Trade volume? Less lively than a Sunday picnic. Seems the momentum’s packed its bags and gone on holiday. When a rally shrinks, it’s like a balloon slowly deflating-until it’s just a sad little flapper. Ethereum loves testing the 26-day EMA, which is fancy talk for a line it keeps eyeing suspiciously. If ETH bounces off nicely, it’s just taking a quick breather, but if it drops through like a clumsy clown, short-term sellers will be throwing confetti-except it’s tears, not party favors.
Ripple, that paragon of fintech chivalry, has graciously extended a $75 million secured revolver to Gemini’s coffers-a sum so paltry in these days of billion-dollar whims it beggars belief. Yet fear not, for this lifeline may swell to $150 million, provided Gemini’s performance triggers something more inspiring than existential dread. The pièce de résistance? Borrowings above the base commitment may be funded in RLUSD, Ripple’s US-dollar stablecoin, which they’ve so humbly dubbed “the equivalent of US Dollars.” One wonders if Monopoly money might’ve sufficed. 🎲
So, here’s the scoop: Bhutan-tiny, peaceful, with a penchant for mountain views-is now a big shot in the crypto game, moving 800 Bitcoin around like it’s Monopoly money. Worth about $92 million, just casually puffing around in two wallet addresses (no big deal). This dance was choreographed on August 18, 2025, possibly heading to Binance or another exchange-they love their secret crypto rendezvous. And let’s not forget July, when they offloaded 650 Bitcoin to Binance, probably thinking, “This is fun, I’ll do it again.” And who can blame them? The market’s basically waving dollar signs. 🤷♂️
He’s got a flock of 556,900 followers on what I assume is X (formerly Twitter, because who remembers anymore?) hanging onto every word, imagining themselves rich in a matter of days. Our soothsayer points to the ancient pattern cycles-because nothing screams “guaranteed profit” like cramming history into a crystal ball.
