Now, what is this RLUSD, you ask? Well, it’s a U.S. dollar-pegged stablecoin, fresh from the Ripple oven, and it’s here to spice up the rather bland buffet of centralized exchanges. Six months after its grand debut, it’s finally getting a seat at the big kids’ table! 🎉
But wait, there’s more! This audacious venture follows a private capital raise, priced at a tantalizing $6.05 per share—just a smidgen above its last Nasdaq closing. The round, led by none other than His Royal Highness Prince Abdulaziz bin Turki Abdulaziz Al Saud (try saying that three times fast!), has attracted a motley crew of institutional digital asset investors and the investment office of VivoPower’s very own Chairman, Kevin Chin. One can only imagine the royal tea parties they must have had! ☕👑
Just recently, our dear BTC took a nosedive of 28.2% after President Trump decided to throw a “Freedom Day” party with tariffs. Prices dipped to a mere $74,400—oh, the horror! But fear not, NYDIG assures us that these little hiccups are just part of the grand rollercoaster ride that kicked off back when Bitcoin was a baby at $15,460 in November 2022. 🎢
The court’s ruling has tossed out the general 10% and reciprocal duties, but fear not, sector-specific tariffs on steel and autos remain untouched, like the last slice of cake at a party. The administration, in a fit of defiance, plans to appeal this ruling. 🍰
Starting on the 27th of May, the fine folks of Richmond can throw their hats in the ring for the fourth round of the Richmond Resilience Initiative (RRI) Guaranteed Basic Income (GBI) program. It’s like a lottery, but instead of a ticket, you just need to be a qualified resident. Easy peasy! 🍀
Vice President JD Vance Delivers Remarks at Bitcoin 2025 Conference at Las Vegas, NV
Ah, Bolivia! A nation that recently appeared to be embracing the digital currency revolution with open arms, only to slam the door shut faster than a cat escaping a bath. The latest decree prohibits the use of crypto for settling energy-related purchases, because who needs innovation when you can have good old-fashioned bureaucracy? 🙄
In a revelation that could only be described as both thrilling and mildly amusing, the central bank has announced its intentions to explore the digital rupee’s potential for international adoption. It seems they are ready to take the plunge into the murky waters of global finance, armed with nothing but a report and a dream. The Annual Report for 2024-25, a tome of great significance, hints at a new phase of development, one that builds upon the lessons learned from their previous escapades—those delightful pilots launched in late 2022. Ah, the sweet taste of progress!
According to some data from crypto.news (because, of course, we trust everything we read online), Uniswap (UNI) has surged over 20% in the last 24 hours. It hit an intraday high of $7.6 on May 29. That’s nearly 57% higher than its April low. I mean, come on! It’s like watching a kid on a sugar rush. And guess what? Its market cap is now around $4.4 billion. Who knew a little token could be so popular?
Now, if we cast our eyes upon the hourly LINK/USDT chart from Binance, we see a rather clear upward trend from May 20 to May 23. During this period, LINK gallantly rose from under $15 to above $17, a move supported by a rather significant increase in Aggregated Open Interest (OI). Quite the spectacle, I must say!