qfx According to a missive shared by the House Financial Services GOP (and confirmed by the intrepid journalist Eleanor Terrett, no doubt with a keen eye for the Byzantine machinations of the legislative process), three momentous bills shall be put to the vote: the CLARITY Act, the GENIUS Act, and the Anti-CBDC Surveillance State Act. One can hardly wait with bated breath to behold the outcome of this trifecta of legislative virtuosity. 🎭
But what’s behind this sudden surge in popularity? Well, for starters, the real economic value flowing through the network has gone through the roof 🚀, peaking in January with a single-day high of over $56 million. To put that into perspective, that’s more than Ethereum and Bitcoin combined 💸. And it’s not just about the money; users are also willing to pay extra for faster execution, because who doesn’t love a good speed boost? 🚗
AMINA Bank, a shy creature watched over by Switzerland’s FINMA—with outposts clinging for relevance in Abu Dhabi and Hong Kong—has gifted the world institutional-grade custody and RLUSD trading. Lo, Ripple’s stablecoin now parades through the grand halls of European compliance, as if one could simply put a leash on chaos and declare it trustworthy.
Andre Cronje, the maestro behind Sonic, had orchestrated a double-digit gain on Wednesday, a 15% rally that reclaimed the $0.33 level. The market sentiment was a symphony of speculation, with reports hinting at network development updates and the upcoming ecosystem events. 🎵
The newly launched REX-Osprey Solana + Staking ETF (SSK) drew in an impressive $33 million in first-day trading volume, with its stock closing at $25.85, up 1.5% from its opening. 🚀
Those digital holdings now make up roughly 9% of his estimated $6 billion net worth as of June. Back in 2021, real estate still accounted for 86% of his wealth—today it’s closer to half. 🏘️💸
They paid an average of $153.10 per token—a price tag that would make even Lady Bracknell consider divesting her pearls. The objective? Compound those SOL holdings like love letters in a drawer, earning rewards until the very sound of “staking” inspires envy in every overheated investor.
In a recent X post, Bloomberg’s James Seyffart, a man who seems to have a crystal ball for these things, suggested that an XRP ETF could be the next big thing. This prediction is based on the 95% chance of approval that Seyffart and his colleague, Eric Balchunas, have calculated for this year. They were spot on with their 95% prediction for the SOL ETF, so it’s not like they’re just throwing darts at a board. 🎯
Picture, if you will, a coin, noble in intent, tied by the ankle to the mighty US dollar and promising to hold its value as firmly as a Parisienne clutches her purse in a crowd. Yet our Governor frets: If the rabble adopts these stablecoins, will the financial system wobble like a courtier after too much wine?
