Cryptonews

Oh, what a speedy start for Robinhood as it gallivants into the whimsical land of blockchain infrastructure! CEO Vlad Tenev, with the bravado of a circus ringmaster, declared that their public testnet for Robinhood Chain has already juggled four million transactions in its very first week. The Ethereum Layer 2 network, built on the fanciful Arbitrum, sprung to life last Tuesday after months of secretive testing-like a surprise party your friends forgot to invite you to!

As we speak (or as I type), RaveDAO [RAVE] is doing its best impression of a roller coaster, surging over 29% and landing itself among the top three biggest gainers in the grand circus that is the cryptocurrency world. At this rate, it’s practically throwing confetti with its weekly gains now soaring above a staggering 45%!

Tech (XLK), that paragon of innovation, leads the rebound on tariff relief, while Energy (XLE), the eternal contrarian, surrenders its early gains despite oil prices’ relentless ascent. Alphabet (GOOGL), that digital colossus, surges 3.8%, attempting to escape a bearish pattern with the grace of a dancer dodging a storm.​​​​​​​​​​​​​​​​

Since January, when XRP flirted with the heights of $2.40, it has been a tale of woe, a series of lower highs and lower lows, each step a march toward oblivion. The daily chart, a canvas of despair, confirms the bearish reign. At the time of this writing, XRP languishes at $1.39, a pitiful shadow of its former self, shackled by the 20-day moving average.

Some 7.8 million tokens, tied to ten Dubai properties, are now tradable in a “controlled” environment. Transactions, recorded on the XRP Ledger and guarded by Ripple Custody, promise security-or so they say. It’s like putting a golden lock on a house of cards.

Bitcoin (BTC) price climbed to $68,200, a number that glimmered like a mirage in the desert of investor anxiety. The market capitalization of all coins swelled by nearly 1%, reaching $2.3 trillion-enough to buy a small asteroid, though probably not enough to buy peace of mind. Kite, Morpho, LayerZero, and Render danced higher by over 6%, as if they’d been promised a seat at the next round of regulatory hearings.

A DeFi trader, known on X as @ika_xbt, discovered that a mid-six-figure portfolio could evaporate in a transaction’s blink. One click, and the ledger-all that was once glimmering-vanished.

So, Bybit EU decided to launch these reward programs for USDC and EURC-you know, the stablecoins that are as exciting as a Tuesday night in. Circle issued them, and now Bybit’s all like, “Let’s make Europe great again, one regulated stablecoin at a time.” Because nothing says “financial revolution” like complying with MiCA rules. Savings and steady participation? Sure, because who doesn’t love a good nap in the financial markets?

Meanwhile, the long-term selling pressure in the crypto ballroom conducts itself with the persistence of a stubborn bowler hat. Since its dash to $2.41 in the first week of January, XRP has shed 41.35% in a brisk forty-five days-enough to make a chap’s moustache droop with sympathy.

According to regulatory filings-because nothing says “I’m serious” like paperwork-Saylor’s Strategy kept stacking sats like it was going out of style. Even as the market turned paper gains into confetti, they were like, “More, please!” Meanwhile, the rest of the crypto world was busy updating their LinkedIn profiles to “Former Millionaire.”