And so, ORQO Group, with its shiny new asset management portfolio worth a not-so-humble $370 million, has officially launched, stepping onto the scene with all the grace of a bull in a china shop. Their goal? To build a yield platform for Ripple’s RLUSD stablecoin, naturally. No small dreams here.
Ah, how the numbers dance! According to the tireless scholars of the on-chain aggregation website Coinglass, the open interest for Dogecoin now stands at a staggering $6 billion. It was a curious confluence of events-over the weekend, as the price of Dogecoin soared to a magnificent $0.3 for the first time in half a year, the open interest followed suit, setting a record. Such coincidences are the spice of life, are they not?
Picture this: In 2010, Bitcoin was like that forgotten coin under your couch cushion – worth just a few cents. Fast forward a year, and it hit $20. Then, in just six years, it skyrocketed to $17,000, and now it’s flirting with over $100K. The peak? $123K in July! 💸
On Monday, the agency casually announced its partnership with the Exponential Science Foundation (sounds fancy, right?) to create an academy dedicated to teaching governments how to deal with crypto tech. Because, you know, governments clearly need a little help in that department.
At present, the loyal holders seem afoot, clutching their tokens as if they were family heirlooms, rather than spitting them out like sour berries.
The platform, called Digital Markets Infrastructure (DMI), doesn’t just sit on the surface like some naive dream. No, it runs on Microsoft Azure. It’s as if Microsoft, that giant behemoth of the tech world, has decided that not only will they own your computer, but your investment transactions too. And from issuance to post-trade servicing, this system promises to handle it all, as if it’s the savior of all that is slow and paper-bound in the market. Truly, we’re in an age of miracles!
Looks like the “bull run” is officially happening! Bitcoin (BTC) could potentially soar to $140,000 by the end of 2025-because why not? And if institutional investors keep pouring in, we might just see a “conservative” top of $200,000. Get your wallets ready, folks! According to Derive Insights’ latest report, the digital currency could even hit $250,000. And we all know that when it comes to crypto, “conservative” is basically code for “don’t bet against us.”
So, folks, Sub-Saharan Africa (SSA) had a major fintech fling in March, hitting an eye-popping $25 billion in on-chain volume. That’s a record since-wait for it-January! Chainalysis, our techy friends in blockchain security, noted this spike was like, totally against the grain of what everyone else was up to.
Those titanic creatures, known colloquially as “whales,” are stirring, hoarding digital gold as their Open Interest stretches toward the celestial $42 billion-an omen suggesting fingers tap the drumbeat for a glorious charge.
The whispers, naturally, revolve around those titans of finance – BlackRock and their ilk – allegedly stocking up on XRP with the subtlety of a duchess selecting a particularly dazzling tiara. The rumour mill, as always, is working overtime. ✨
