Cryptonews

The intersection of digital assets and elite sport hits another milestone this week, darling.

Bitcoin’s recent slide to a mere $60,000, my loves, had less in common with the steadfast gold bug’s haven and more with the dramatic swoons of tech investors, Grayscale observed with a raised eyebrow in their Monday missive.

Then there’s this technical analysis floating around on X (formerly known as Twitter, because why not add more confusion to the world?). One analyst is waving a red flag, warning of a potential crash to $1. Meanwhile, the XRP army is over here like, “$10 is just around the corner, baby!” Social media is basically a hype factory, with everyone convinced XRP is about to moon. But then Crypto Patel shows up, the buzzkill of the crypto world, saying, “Not so fast, my optimistic friends.”

Binance has ascended as the dominant holder of the USD1 stablecoin, the circulating supply bowing under its gilded sovereignty.

Today’s ascent of just over 22% seems spawned by a catalyst rather than a whispered muse. The banner announcing River’s LBank spot listing cracked open a door to speculative crowds, inviting a chorus of short-term players. In the theatre of markets, new exchange listings tend to be as mercurial as tempests – pockets of demand blow in, then vanish as if they paid for a seat and forgot to applaud. Such a dynamic prances across today’s price pages.

Today, the government treats Virtual Digital Assets (VDAs) with a curious twirl of paradox: taxed as though they are respectable citizens, but regulated as though they are mischievous sprites. A carnival of double talk, staged on the budget’s bright-lit stage, where the ledger decides which jokes are legal and which are merely unlucky coincides.

While Gemini did not single out any one jurisdiction, its withdrawal has reignited debate about whether the UK’s evolving crypto framework is discouraging even well-regulated firms. The question on everyone’s lips is: are we building a framework, or an obstacle course with fashionable signage?

So, FalconX clients can now go full Bridget Jones with up to 5× leverage on Hyperliquid. Yes, it’s like that time Bridget thought she could handle five glasses of wine and still look dignified. Spoiler: DeFi is about to get messy.

Apparently, this SOPR thingy is now hovering around 0.96, down from a giddy 1.16 in July 2025. Analysts (aka the doom-mongers) are waving their hands frantically, shouting, “It’s just like 2021-2022 all over again!” Back then, SOPR stayed below 1.00 for months, trapping XRP in a financial straitjacket. Because, you know, nothing says “fun” like a prolonged period of accumulation. Pass the champagne… or maybe just the antacids.

Michaël van de Poppe casts a wary star over the scene. “The current valuation of altcoins against gold is the lowest it has ever been… The RSI has turned to 25 on the weekly timeframe. This has never happened,” he writes, suggesting that the lone analogue is a distant, unwelcome memory of the COVID crash. With spot gold near that ceremonial five thousand, the ratio now serves as a stern scoreboard, reminding us how far the more delicate crypto ventures have lagged the dependable metal.