The Ripple-related cryptocurrency has taken a 10% nosedive from its weekly high of $3.30. And to top it off, trading volumes have surged to $7.5 billion, proving that bears are out in full force, snorting and snarling like a troupe of disgruntled raccoons 🐿️.
Apparently, this furry little number is showing “signs of a potential breakout.” Because, you know, what’s more exciting than a dog breaking out of a kennel? A meme coin breaking out of its chart pattern. Analysis suggests it’s eyeing a 70% upside move. Or maybe it’s just eyeing your wallet. 👀💰
The Financial Conduct Authority, ever the vigilant guardian, has seen fit to maintain its ban on crypto derivatives, a decision that smacks of both wisdom and a touch of paternalism. One can almost hear the collective sigh of relief from the more risk-averse among us, though the thrill-seekers may grumble into their gin and tonics. 🍸
Grok, X’s AI tool, is basically saying, “Hey, remember when Bitcoin used to do that thing where it just… exploded? Well, it’s happening again, or maybe not. We’re not sure, but the odds are in the ‘explosive’ column, or maybe the ‘disastrous’ one. Your call.”
If this be true, and if history, that fickle lover, be any guide, then XRP shall bask in the glow of a long-term renaissance, akin to the fabled rise of ETH and BTC. A tale as old as time, yet ever so thrilling.
Indeed, the AIXBT agent—this on-chain oracle operating under the aegis of Virtual Protocol—has ascended to new heights, delivering trading signals with a clarity that borders on the preternatural. 📈
But Schwartz, ever the voice of reason, would not suffer such folly! “Fie upon this slander!” he cried (or tweeted, rather). “Powell’s stance, methinks, is as nuanced as a Molière monologue, not a mere tirade of hate!” 🧐
With a vote of 57–3—because democracy is just a numbers game, comrades—the New Ideas party and their gleeful allies have reshaped the future. Six-year terms! No more runoffs! And, of course, the grand prize: Bukele may now cling to power like a barnacle to the hull of a sinking ship. Such progress! Such efficiency! The Legislative Assembly nods in approval, their pens dripping with the ink of “justice.”
Behold TON, a choice that stands tall among the contenders for August! Its price, a modest $3.40, may seem like a wallflower at the ball, but hold your horses! A new investment contraption, dubbed the TON Treasury, is poised to make its grand entrance. This could be the golden key for U.S. investors, as TON is currently playing hard to get, not listed on Coinbase or Kraken. 🗝️
Meanwhile, stablecoins—those fiat-pegged crypto kiddies—are doing a jaw-dropping $27 trillion solo. That’s more than Visa and American Express combined, because apparently, paper currency is so last century. 📈💸
