XRP to $5? Bulls, Bears, and Blockchain Shenanigans 🐂🐻🔗

Ah, the eternal dance of XRP near its August lows-a spectacle worthy of Tolstoy’s pen, if he were alive and trading crypto. Traders watch nervously as price teeters on the edge of $2.70-$2.75, clinging to support like a drunkard to a lamppost. Analysts, those modern-day prophets armed with Fibonacci retracements, assure us this is all part of some grand five-wave opera. Whether it ends in triumph or tragedy remains unwritten.

Bitcoin to $1.3M? Institutional Giants Might Spend $5T!

Asset management firm Bitwise published its “Bitcoin Long-Term Capital Market Assumptions: 2025” report last week, providing one of the industry’s most detailed long-term forecasts for the crypto asset. The firm projected substantial growth for bitcoin, estimating a base case price of more than $1.3 million by 2035. Bitwise stated:

Will Bitcoin Replace Stocks? A Tale of AI, Beliefs, and $1M Coins 🤔

“If innovation cycles are now accelerated to mere weeks,” quoth Mr. Visser unto Anthony Pompliano on a fateful Saturday, “then we find ourselves trapped within a video game where companies can never achieve escape velocity.” And thus, he declared with all the gravitas of Lady Catherine de Bourgh at a ball, “In such a world, you do not invest; you trade!” 😅

Cryptocurrency ETFs Lose $291M in One Day – Is This the Beginning of the End? 😱

Ethereum and Bitcoin ETFs have decided to play the stock market version of hide-and-seek with investors’ money, leaving $291 million in the dust on August 29th. While Ethereum’s ETFs bled $164.6 million-effectively ending a six-day inflow streak that had previously lured in nearly $1.9 billion-it’s clear the market’s enthusiasm has taken a coffee break. Grayscale’s ETHE, the crypto world’s most dramatic fund, led the exodus with $61.3 million in outflows, followed by Fidelity’s ETH fund (because why not?) and Bitwise’s contribution to the chaos.