Crypto news

Ethereum [ETH] keeps flexing while Bitcoin [BTC] cools off like a cucumber at a summer picnic. 😎

At the heart of this grand spectacle stands Bernstein, a brokerage firm whose analysts-Gautam Chhugani and Mahika Sapra-are as confident as Mrs. Bennet at matchmaking. In their Tuesday note (which one might imagine was penned with quills dipped in optimism), they proclaim that bitcoin, that temperamental sovereign of the crypto realm, may ascend to a range of $150,000 to $200,000 within the year. All thanks to the benevolent hand of U.S. government policy, which seeks to position the nation as the global epicenter of digital assets. How noble! How patriotic! 🎩💵

President Trump-yes, that Donald Trump-signed this landmark law faster than you can say “Make Stablecoins Great Again.” It mandates one-to-one reserves, regular audits, and limits issuance to licensed institutions. Algorithmic stablecoins? Banned. Unbacked coins? Banished. And just like that, corporate giants like Amazon and Walmart started eyeing their own stablecoins because who needs Visa when you’ve got USD-backed tokens? Proponents call it progress; critics call it the beginning of the end for traditional banks. Truly, a tale as old as time-or at least as old as Bitcoin.

Despite a commendable 41% ascent over the past three months, the winds have shifted, and it seems the sellers are once again calling the shots. The faintest glimmer of hope for a recovery lies in an unlikely and precarious market imbalance, a true testament to the unpredictable nature of fate. 🤷‍♂️

Ah, Ripple’s very own stablecoin, RLUSD, issued on the ever-so-elegant XRP Ledger, played the role of financial fairy godmother in Bullish’s historic debut. On August 19, 2025, this digital Cinderella announced that it had gathered $1.15 billion in IPO proceeds-all settled in stablecoins. Yes, you read that correctly: no checks, no wires, just pure cryptographic charm. Trading under the ticker BLSH on the New York Stock Exchange, Bullish became the first issuer to complete an IPO settlement onchain, leaving bankers clutching their pearls and spreadsheets alike.

Bo Hines, with his *impressive* credentials (we’re talking about a guy who helped the government and blockchain hold hands and sing kumbaya), will lead Tether’s grand plan to take over the United States-or at least give it a very strong financial digital makeover. He’ll bring his *wealth of experience* from the private sector, legal wizardry, and his extensive policy knowledge, which, let’s face it, could probably make even the most seasoned policy-maker break into a sweat.

Last week, TeraWulf inked a 10-year deal with Fluidstack to host AI like it’s 2001 and the internet is *actually* cool. 🤖💸

On the 1-hour chart, XRP is a picture of despondency, with a series of lower highs and lower lows painting a dreary picture of decline. The volume spikes on red candles, like the sound of a gunshot at a cocktail party, confirm that the bears are in control. The price hovers around $2.87, a mere shadow of its former self, suggesting a moment of hesitation before the inevitable plunge. A bullish reversal pattern, such as a hammer or a bullish engulfing candle, might offer a glimmer of hope, but let us not get carried away. Risk management is crucial; one must not mistake a flicker for a flame. If $2.87 is breached, the next stop is the dismal region of $2.75 to $2.78.

And just when Dogecoin was on its merry little way, trading near $0.22, the Qubic community (who apparently loves stirring the pot) dropped this bombshell. It seems their track record with Monero wasn’t enough, so they’re eyeing Dogecoin next. The folks who thought Doge was invincible are now sweating bullets, and rightly so. 🐶💥

According to this proposal, Arbitrum is like the cool kid in school who’s got Ronin’s back. With their web3 gaming venture arm, they’re not just a technical partner-they’re like the wingman Ronin never knew it needed. 🎮👯‍♂️