Cryptonews

After braving the wilds of launching a Linux Node, Pi’s brave explorers are marching from version 19 to 23, a bit like crawling out of a box and into a shiny new toy shop. According to a message from August 27, the upgrade is coming in phases, starting with Testnet1 – which has already begun, much to everyone’s indifference. Next comes Testnet2, then the Mainnet, until the whole Pi kingdom is dancing to the stellar tune of version 23. Good luck, brave miners! 🛠️

The companies said xStocks will be issued as ERC20 tokens on Ethereum, each backed 1:1 with the corresponding equity listed on Kraken’s platform. Eligible clients will be able to deposit and withdraw the assets directly through Ethereum in the coming weeks. 🧠

According to the ever-reliable Bloomberg, the company has filed with the SEC, a bureaucratic formality that will presumably be completed by September 10th, assuming no one accidentally deletes the paperwork while binge-watching cat videos. Existing shareholders, meanwhile, are offering 4.9 million of their own shares to the wolves circling like vultures at a garden party. One imagines them whispering, “Trust us, it’s just a temporary loss of your life savings.”

As per the grand proclamation, SonicStrategy intends to channel this newfound wealth into expanding its operations, fortifying its validator network, and preparing for the ultimate leap onto the Nasdaq stage. The investment, wrapped in the cozy blanket of a convertible debt instrument, is backed by Sonic tokens and has a term of six months, with a conversion price set at $4.50 per share. However, this conversion is contingent upon SonicStrategy’s successful uplisting to Nasdaq and securing an additional $40 million in funding. And just to add a touch of whimsy, the debt is unsecured and interest-free, with any converted shares locked away for a solid three years-a testament to the company’s unwavering commitment to the long game. 🏃‍♂️💨

The market mood? Oh, it’s definitely shifted. Analysts are practically warning of a Titanic-style disaster, predicting that Bitcoin could soon tumble to the dreaded $100K level. Such a plummet would go down in history as one of the most dramatic corrections of this cycle. Fear is palpable, especially among short-term traders, but hold your horses-this could also be the perfect opportunity for those brave long-term investors. 🤑

In the last 24 hours, the price of Cardano [ADA] experienced a modest rise of around 2.50%. Meanwhile, trading volume shot up by a mind-boggling 69%, reaching a whopping $1.45 billion on the day. Talk about a little bounce in the grand scheme of things.

Bitcoin’s Cost Basis Distribution (CBD) – that’s a fancy way of saying “where the big players are hoarding their treasure” – is slapping hands with Ether’s sad little sprinkle of crumbs. 🧐

Crypto sage Michael van de Poppe, with the seriousness of a philosopher and the wit of a court jester, points out that the gold rally is the villain behind our little altcoin love affair delay. According to him, investors are huddled in the risk-off bunker, clutching their gold like a lifeboat in a storm.

Ah, the grand spectacle of World Liberty Financial’s [WLFI] launch! A carnival of greed, where the token soared 130% to $0.48, only to plummet like a drunkard off a barstool, crashing 50% shortly after. A classic “pump-and-dump” farce, leaving early believers clutching their empty pockets and weeping into their crypto wallets. 😭💔

Brace yourself for a revolutionary update: Thunes, which serves 3 billion mobile wallets and a whopping 4 billion bank accounts, just took its partnership with Ripple to the next level. These two have been working together since 2020, but now they’re really ready to roll up their sleeves and explore new realms of possibility. Hold onto your hats! Or, don’t, because we’re in the future now.