Investment Policy

This stirring declaration arrives just as Bitcoin pirouettes above $118,000, like a jubilant dancer at a end-of-the-world party. Alas, the timing! 🎉

Mais non, he dismisses Bitcoin-centric companies as hollow ventures, accusing them of luring in uninformed investors with no underlying business fundamentals. “Anyone chasing these stocks or tokens is being duped—or worse, doing the duping,” he claimed, with a smirk and a wink. 😉

Ethereum just had a major breakout with a 17% rally this week. The price broke the $2,800 resistance and rushed above $3,000 before a pullback started. With higher highs and higher lows confirmed, Ethereum is poised to continue its rally.

According to a July 10 announcement, this windfall will help Agora expand its AUSD ecosystem and roll out a white-label product that lets companies launch their own stablecoins in, oh, let’s say, a few days. Because who has time to wait, right? The platform is already live across 13 blockchains, including Ethereum (ETH), Solana (SOL), and Arbitrum (ARB). It powers billions in cumulative stablecoin volume and serves over 50,000 monthly active addresses. That’s more than the population of some small towns! 🏙️

Remixpoint, a Tokyo-listed firm bridging crypto, energy, and web3 innovation, has announced a landmark decision: its president and representative director will receive 100% of their executive compensation in 🍪. This marks a historic first for a public company in Japan, reflecting a shift toward crypto-driven corporate alignment with shareholders.

However, it would appear that amidst this fervent jubilation, a most perplexing signal has emerged, one that ignites both intrigue and a twinge of irony. It seems that a wallet, affiliated (if we may be so bold) with the Ethereum Foundation, has made the unprecedented decision to divest itself of 1210 ETH in exchange for a most considerable sum of 3.5 million USDC, at an average price of approximately $2890, all within the course of mere hours. One cannot help but smirk at such irony! 💁‍♀️

But hold your applause, noble bulls; a premature celebration can lead to some rather unfortunate embarrassment!

Davis, co-founder of Kelsier Ventures, asked a New York federal court to dismiss the lawsuit on Wednesday, arguing that the claims don’t arise from actions “directed toward New York.” The filing reads, “Davis does not reside in New York, does not transact business in New York, was not physically present in New York when the allegedly tortious conduct occurred, and made no specific effort to advertise to or serve the New York market in connection with the worldwide offering of $LIBRA meme coins.”

This triumphant return suggests that more investors, like moths to a flame, are being drawn into the market, increasing the likelihood of a further price waltz toward the coveted $3,000 mark.