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 đ¸. 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? đââď¸
Apparently, the issuance was executed using HSBCâs Orion blockchain platform. FAB was the issuer, and HSBC played the role of global coordinator and lead bookrunner. You know, because one bank wasnât enough. The bond can now be accessed through both modern and traditional settlement systems, like Euroclear and Clearstream, or directly via Orion. Because why not make it as complicated as possible? đ¤Ż
Ethereum has made a bold comeback, closing the week with a 4% price increase. At a comfortable $2,500, ETH is no longer the underdog it was two weeks ago, when it sat at a humble $2,100.
And guess what? The daily burns are dancing up as if they were at a wild Bollywood party! It’s a glorious uptick, but hold your horses; it’s only in the four-digit percentage range. So, donât go booking your ticket to the burn extravaganza just yet! đ
ICP faced renewed selling pressure as geopolitical risks and cybersecurity threats rattled digital asset markets. The decline comes amid troubling findings from cybersecurity firm Koi Security, which uncovered a network of malicious browser extensions targeting cryptocurrency users.
Meanwhile, actual minersâthe folks who create Bitcoins while keeping their laptops suspiciously close to every wall socket in sightâwerenât exactly tripping over themselves to offload their coins. Below-average outflows have, for decades (well, âcrypto decadesâ), meant that miners are feeling pretty perky about future prices. In fact, the Coin Days Destroyed metric, which tracks whether veteran holders are panic-selling or just calmly sipping tea, indicated that most are doing the latter. No panic, apparently. Maybe just mild confusion over their digital wallets.
Here’s your personal front-row pass to the ongoing meme coin frenzy, where fortunes are made and lost in the blink of an eye. These coins are not just digital tokens; they are cultural phenomena, propelled by the unchecked enthusiasm of investors, the immortal cheer of ‘degens,’ and of course, the validation from giants like JPMorgan and top-tier exchanges.
While holders’ conviction remains strong, liquidation maps show both opportunity and risk for a sustained rally.
Ripple CEO Brad Garlinghouse confirmed the news in an X post, stating that the firm applied for a bank licence and a Fed Master account as part of its stablecoin plan. He said,