The geopolitical scene is as unstable as ever, but fear not, for Wall Street continues to rise. The Israel/Iran conflict rages on, entering its fifth day of no resolution, yet the S&P 500, ever the resilient beast, stubbornly clings above 6,000 points. The all-time high of 6,147 is just a hop, skip, and a jump away. Perhaps the world can fall apart, but liquidity—now there’s something that truly matters.
Whales, those magnificent creatures of the deep, have resurfaced in the market, as evidenced by the Spot Average Order Size. It seems they are not deterred by the ominous clouds gathering over ONDO’s future.
In a world where rumors fly faster than a speeding bullet, Eric Trump has taken to the social media skies to deny any involvement with Tron’s public listing plans. This all started when someone on platform X (formerly known as Twitter, but who’s counting?) claimed he’d be taking a formal role in the whole Nasdaq shindig. Spoiler alert: he’s not! 🎉
Bitcoin (BTC) went from a dazzling high of $108,915 to a sad little low of $105,500. Talk about a rollercoaster ride! 🎢 Ethereum (ETH) also decided to join the pity party, dropping over 2.2%. And guess what? The total market cap of all cryptocurrencies took a nosedive to $3.28 trillion. Ouch! 💔
H100 Group Receives 144.8 BTC as Partial Settlement Under Convertible Loan Framework. Now holds 169.2 BTC.
Announcing the news with the breezy elan one reserves for personal victories at the races, Deputy Finance Minister Chulaphan Amornvivat took to X (formerly Twitter for those who still haven’t got the memo) to declare a new dawn in Thailand’s crusade to become a great digital asset destination—possibly, one suspects, while wearing sunglasses indoors. 🕶️
According to the latest on-chain data (which sounds like something out of a sci-fi movie), U.S. spot Ethereum ETFs now hold a whopping 3.91 million ETH, valued at around $10.56 billion. That’s a lot of digital coins! The rise in assets under management (AUM) follows a steady stream of net inflows, which is just a fancy way of saying that investors are throwing their money at Ethereum like it’s a hot new trend. 📈
Meanwhile, Charles Hoskinson’s $100M ADA treasury reallocation proposal is stirring the pot. The plan aims to mint native stablecoins (USDM, USDA, iUSD), generate treasury yield, and bolster DeFi liquidity.
This could potentially transform Cardano’s treasury into a decentralized sovereign wealth fund. Ambitious? Yes. Controversial? Absolutely! The community is divided like a family at Thanksgiving. 🍗
And get this: Trump’s crypto ventures alone raked in over $57.3 million in 2024. That’s his second-biggest income source—only the hospitality business, with a cool $418 million, beats it. Talk about diversification! 🤑
Now, you might wonder, what caused this ruckus? Well, it seems there were no shiny new updates, no fancy partnerships, and certainly no grand exchange listings to explain the sudden surge. Instead, it was the lively chatter of the community that set the stage for this spectacle. Some say a cheeky post from Kraken, a crypto exchange, might have been the spark that lit the fuse! 💣