The world of stablecoins is expanding faster than a wizard’s spell gone wrong. Currently, more than 99% of all stablecoins are tied to the U.S. dollar, with Tether USDT and Circle USDC leading the charge. But JD.com and Ant Group are not content to let the dollar have all the fun. They aim to give the yuan a bigger slice of the digital pie, ensuring that Chinese currency flows more freely across international borders.
On July 4, 2025, the so-called TopMob announced (with the kind of excitement generally reserved for discovering that your towel is missing) that this arcane leviathan had already stirred, moving 30,000 BTC—or, to put it another way, a stack tall enough to flatten a Vogon poetry collection—worth over $3 billion. Now, for its encore, the whale has heaved out an additional 50,000 BTC, originally netted on May 4, 2011—a date that only slightly predates the invention of blockchain hair tonic.
But wait, there are a few outstanding questions about implementation, such as partnered exchanges and potential regulatory concerns. Fear not, dear reader, for the community is currently unanimous in supporting the proposal. 🤝
According to Lookonchain (a group that apparently watches the blockchain more closely than I watch my neighbor’s Amazon deliveries), two wallets originating back to the days when Bitcoin was something you used to buy pizza or, apparently, forget entirely, just moved 20,000 BTC each. If you’re counting, that’s “we can skip the Avocado Toast” money and then some.
The central bank’s research team examined OpenCBDC 2PC, a model developed in collaboration with the Massachusetts Institute of Technology’s Digital Currency Initiative. This design prioritizes privacy, speed, and decentralization by allowing users to hold digital funds directly, much like digital cash. 💸
During this much-hyped mid-July spectacle, the House plans to wrangle with questions so fiendishly complex that even Satoshi Nakamoto would probably call for an intermission. Stablecoins, digital assets, central bank digital currencies—quite literally all the things your uncle warned you about at Thanksgiving.
Erebor does not tremble beneath the weight of gold nor dwarvish curses, but sighs under the longing of Silicon Valley’s prodigal startups and crypto acolytes—lost and wandering since the sudden collapse of SVB (which invested more in vibes than liquidity, apparently) left every salaryman and coder clutching empty pockets and their last LaCroix.
Chaque RUBx, selon l’agence de presse d’État TASS, représentera un rouble russe conservé dans un compte de trésorerie. Rostec sera le seul émetteur et opérateur du token, ancrant sa valeur à travers des « obligations réelles en roubles » inscrites dans la loi. 📜
But fear not, dear reader, for the analysts, those great seers of the financial world, remain divided in their prognostications. Standard Chartered, that venerable institution, maintains a rosy outlook, predicting a year-end target of $200,000, while the inimitable Arthur Hayes, co-founder of BitMEX, warns of a potential dip to $90K before another rally. Ah, the eternal conundrum of the markets!
Now they’re holding onto over 640,000 SOL, which is valued at a whopping $96 million. I guess that’s what happens when you’re trying to corner the market on a particular cryptocurrency 💸. And don’t worry, they’ve got plenty of cash to throw around after that $112.5 million fundraising round. I mean, who needs to be frugal when you’re swimming in cash like Scrooge McDuck? 🏊♂️