Ethereum (ETH) hit its real turning point this cycle on the 12th of July. Let’s set the scene: the price tapped a key supply zone just under $3k and, surprise, a small 0.49% pullback followed. Classic stop-hunt, right? Bears tried to fade the breakout, but guess what? Demand stood strong, like a stubborn mule refusing to move.
A recent X social media post by crypto journalist Eleanor Terrett confirms that California has officially partnered with Ripple and other leading crypto and tech firms, possibly replicating Musk’s D.O.G.E. initiative. The new task force aims to transform public services through blockchain and Web3 innovation. 🤯
Technically, no, because XRP isn’t mineable in the traditional sense 🔒. All 100 billion XRP tokens were pre-mined at launch, meaning there’s no direct way to mine XRP like you would Bitcoin (BTC) or Ether (ETH) 💸.
Amidst the swirling mists of on-chain and futures market data, whispers of a continued rally have begun to circulate. A closer examination of exchange reserves, funding rates, and the intricate tapestry of price structure suggests that Ethereum might be poised for a 32% ascent, reaching the dizzying heights of $4,541. 🌟
Votes were expected on the Clarity Act, the GENIUS stablecoin bill, and the Anti-CBDC Surveillance State Act, but progress has been slowed by political gridlock on amendments, including proposals to ban government officials from trading cryptocurrencies.
It all started when some Republican hardliners (we’ll call them the “crypto grumps”) refused to support the measures unless a central bank digital currency (CBDC) ban was guaranteed. They were like a bunch of kids in a candy store, stomping their feet and shouting, “We want a CBDC ban, and we want it now!” 🍭
Back’s newly launched Bitcoin Standard Treasury (BSTR) is set to merge with Cantor Equity Partners I (CEPO), bringing 30,021 BTC onto its balance sheet and instantly ranking it as the fourth-largest public Bitcoin holder globally. Move over, Strategy and Tesla! 🚀
As we gaze into the bizarre world of Bitcoin [BTC], the price stands stoically at $118,237, barely shifting like a statue of a long-forgotten hero. Despite wielding $73 billion in trading volume, it falls pitifully short of the glorious peak of $123,000. How tragic is the plight of once-mighty Bitcoin?
Ripple co-founder Chris Larsen’s crypto wallet transferred approximately $26 million worth of XRP to Coinbase this week. It remains unclear whether the funds have been sold. Since the beginning of the year, the wallet has transferred a total of around 106 million XRP. XRP…
It was on the fateful day of July 17, under the Nevada sun, that BitMine announced its miraculous feat, tripling the paltry sum of $250 million it had raised just days prior. Such rapid accumulation of wealth could give even the most enterprising of thieves a run for their money! 😊
