Bitcoin: The Roller Coaster of Digital Gold—Are You Ready for the Ride? 🚀💰
Our noble sage, Jurrien Timmer from Fidelity, believes Bitcoin is twirling in the middle of its ever-so-exciting adoption waltz.
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. 🤯
Technically, no, because XRP isn’t mineable in the traditional sense 🔒. All 100 billion XRP tokens were pre-mined at launch, meaning there’s no direct way to mine XRP like you would Bitcoin (BTC) or Ether (ETH) 💸.
Amidst the swirling mists of on-chain and futures market data, whispers of a continued rally have begun to circulate. A closer examination of exchange reserves, funding rates, and the intricate tapestry of price structure suggests that Ethereum might be poised for a 32% ascent, reaching the dizzying heights of $4,541. 🌟
Votes were expected on the Clarity Act, the GENIUS stablecoin bill, and the Anti-CBDC Surveillance State Act, but progress has been slowed by political gridlock on amendments, including proposals to ban government officials from trading cryptocurrencies.
It all started when some Republican hardliners (we’ll call them the “crypto grumps”) refused to support the measures unless a central bank digital currency (CBDC) ban was guaranteed. They were like a bunch of kids in a candy store, stomping their feet and shouting, “We want a CBDC ban, and we want it now!” 🍭