Closing at $4,475 on August 13th, Ethereum showed us all that it’s still alive-and apparently thriving-after a long hiatus. The secret? Probably those Ethereum ETFs with their giant inflows, because nothing screams “bullish momentum” like a record-breaking $1.02 billion in one day. Who knew that money could find its way to ETH faster than a dog to a biscuit?
Let’s dig into the juicy bits so you can stop guessing and start stressing less about your portfolio.
Well, gentle reader, the short answer is, “Because everyone else is doing it and peer pressure works on corporations too.” Governments, institutions, corporations, and your auntie’s knitting club now collectively sit on >10 % of Bitcoin’s supply. Sensing the FOMO wave rising faster than the average Dutch levee, Amdax reckons Europe needs its own bumper-sticker-worthy HODL fund. “We’ve got clogs, tulips, cheese, and now-Bitcoin! Nice and balanced portfolio,” said absolutely nobody, but Amdax liked the idea anyway.
Introducing AMBTS B.V.: a private little club with a tiny mission to hold 1% of all Bitcoin in existence. They’re raising funds in stages-think of it as the crypto version of a bake sale, only with a lot more digital dough. 🍪💸
This firm is basically the ‘hipster’ of crypto, operating solo, independent, and doing what most companies only dream of-holding a fistful of Bitcoin while pretending they don’t care.
In a not-so-friendly update, Kraken has re-enabled XMR deposits after suspending them back on August 15th. Why, you ask? Oh, just a small issue: A mining pool, one *very* ambitious mining pool, had grabbed over 51% of XMR’s hashing power. Classic bad guy move, right?
According to the chart Martinez shared (a retweet from his X post on Sunday), XRP has dipped below the critical support level at $3. Now, he’s warning us that XRP might slide down to $2.60, or even plummet to $2. Yikes! 🙈
Well, folks, looks like Asia’s turning the crypto tables on us. Who would’ve thought that Beijing, Tokyo, Seoul, and Bangkok would be leading the charge into the crypto frontier? It’s like a new race, but this time, Wall Street’s not even in the running. 👀
Этот взрыв финансовой энергии, как будто из ларца, позволит приобрести 17 дополнительных 🧠 BTC, увеличивая запасы компании до 2,218 🧠 BTC. Кроме того, компания торжественно подтвердила превращение 4,760,000 OCA B-01 от Фулгур Вентур в 8,750,000 обыкновенных акций, что, как говорится, «всё к лучшему» для биткоиновых резервов. Адам Бэк, криптограф и создатель Blockstream, недавно поддержал биткоиновые казны, как будто они – его дети, вкладывая деньги в H100, BSTR и Капитал Б, чтобы усилить их стратегии. 🚀💰
On Wednesday, the esteemed Federal Reserve shall deign to release the minutes from their July gathering. A transcript, they call it. More like a ritualistic incantation, filled with the carefully chosen words of men who hold the world’s finances in their trembling hands. They bickered, you see, a paltry 9-2 vote to *not* cut rates. Two dissenters! Such audacity! It’s a scandal, I tell you, a scandal! A true sign of the moral decay of our times. 🧐
