For years, poor American projects were banished to the regulatory wilderness, forced to seek refuge offshore like exiled nobles in a Gogol novel. Now, the CFTC, with a flourish of its quill, beckons them back-but only if they play by the rules, of course. 🎭🇺🇸
At press time, Bitcoin (BTC) was trading at $112,645 – up a modest 3.7% from its lowest point this month. Ethereum (ETH) and Solana were just chilling, doing absolutely nothing noteworthy, while the total market cap of all tokens hovered around $3.9 trillion. Quite the rollercoaster, isn’t it? 🎢
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Ah, the winds of fortune seem to favor ether! For the fifth day in a row, investors have flocked to ether ETFs, showering them with $309.48 million in fresh inflows. This streak, now stretching across a full trading week, serves as a testament to ether’s growing allure for both institutional and retail investors alike-who knew they had such taste?
Arkham’s data shows inflows like 22.47B, 38.39B… okay, I’m just reading the numbers like they’re grocery receipts. Imagine buying groceries and your cart totals 22.47 billion SHIB. Wild, right? 🛒 The largest single purchase? $1.28 million. For what? A lifetime supply of “I’m a Doge” mugs? 🤷♂️
Grab your coffee (or something stronger, if you’re feeling adventurous) because Tether is about to shake things up! ☕️💥 They’re bringing USDT directly onto Bitcoin wallets through the RGB protocol. Yes, you heard that right! It’s not just another network; it’s a hint that Bitcoin (BTC) might just be ready to step out of the “store of value” shadow and into the spotlight. 🌟
The Clearing Company, that enigmatic phoenix, declared on Wednesday its intent to craft a prediction market, not of shadows and loopholes, but of blockchain’s bright, unyielding light, where compliance dances with accessibility, and regulators sip tea with retail traders. 🕊️⚖️
But, fear not, for the so-called “experts” (who must have been born with a crystal ball) are teeming with optimism. A new all-time high has been reached, and now they’re projecting a near-term target of $1000. Longer-term? A casual stroll to $12,000, of course. Because why not aim for the stars when you’re already halfway to the moon? 🚀
The usual suspects grace our list with ludicrously large vaults. Leading the parade: Sharps Technology, clutching 2.14 million SOL as if attending a jewel heist at Buckingham Palace-value, an eye-watering $444.6 million. As for Upexi, just behind, with 2 million SOL ($415.5 million); a mere rounding error in this world of excess, one suspects.
After a rally that took it from “sub-$3K, who dis?” to “$4,580, yes queen,” ETH is chilling like a villain. Unlike those other altcoins that took a nosedive, Ethereum’s like, “I’m above my 20-day EMA, $4,290, and I’m not sweating it.” 💁♀️ This isn’t just tenacity-it’s a whole mood.