Today’s legislative gymnastics aim to transform the United States into the “crypto capital of the world.” Sounds grand, right? The bill obligates stablecoin issuers to keep a solid 1:1 reserve with liquid assets, because nothing says “financial stability” quite like overconfidence in fiat! They’ll be stockpiling U.S. dollars and Treasuries like they’re preparing for an economic zombie apocalypse. 🧟♂️
During separate interviews, both commissioners emphasized that the SEC’s handling of XRP ETF applications is part of a structured, rule-bound process designed to ensure full regulatory compliance. Speaking on The David Lin Report, Commissioner Crenshaw acknowledged the “bureaucratic” nature of the SEC’s review process and emphasized that “a pending application should not be interpreted as a rejection.”
В новом посте на X аналитическая компания Glassnode рассказывает о последней тенденции среди инвесторов биткоина, которых они называют “First Buyers”. Это одна из групп, определенных системой поведения Glassnode, которая включает в себя Momentum Buyers (инвесторы, которые следуют за трендами цен) и Conviction Buyers (инвесторы, которые покупают во время снижения цен). First Buyers – это те, кто покупает биткоин в первый раз, и их запасы можно рассматривать как прокси-показатель входящего капитала в сектор.
Popular tokens, the likes of which are often spoken of in hushed whispers — Dogecoin, Shiba Inu — have reemerged, basking in the glow of their newfound green. Yet, it is the underdogs, those lesser-known rascals named Bonk, Floki, and the charming Pudgy Penguins, that have taken the spotlight, strutting their stuff with weekly gains that would make a seasoned gambler blush, some reaching an eye-watering 72%.
Our noble sage, Jurrien Timmer from Fidelity, believes Bitcoin is twirling in the middle of its ever-so-exciting adoption waltz.
This bill, a veritable behemoth of regulatory clarity, seeks to impose order upon the wild west of digital assets. It creates definitions, dear reader, definitions! For what is a digital asset, if not a will-o’-the-wisp, a fleeting specter of code and fancy? Ah, but now we shall know, for the bill tells us when a token is a security or a commodity. And lo, the SEC and CFTC shall divide the regulatory spoils between them.
Customers, those poor souls who trusted the bank with their hard-earned money, accuse Park National Bank of assessing what they call Authorized Positive Purportedly Settled Negative (APPSN) fees. This fancy term, which sounds like something a robot would come up with, was allegedly applied between November 1st, 2016, and February 20th, 2025. 🤖
Curve DAO’s CRV token has been on a wild ride, leaping more than 22% in just one day to trade at a sprightly $0.96. This latest surge is just the cherry on top of a 70% rally over the past week, making CRV one of the week’s shining stars. The volume has been just as impressive, with over $833 million in daily trades, enough to make your head spin!
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. 🤯
