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Now, the price flirts with the upper boundary of this gloomy structure, hovering around $0.36, just a smidgen above the 100-day Simple Moving Average (SMA), which, at this moment, stands at $0.3479. How romantic! 💔

The XRP price is currently strutting around at $2.29, holding its ground after a little flirtation with the $2.25 support level. Sure, it faced a bit of a rejection near $2.3278, but who hasn’t? This zone hasn’t dampened the market’s spirits, especially since traders are spotting a bullish double bottom pattern—often a sign that things are about to get spicy! 🔥

One of the “big three” global credit rating agencies has decided to join the blockchain party. On Wednesday, June 11, Moody’s kicked off their experiment by issuing credit scores directly on the Solana (SOL) blockchain. These ratings will help assess the risk of municipal bonds issued by local governments. Because who doesn’t want to know how risky their local park’s bond is? 🌳💸

In truth, SHIB remains in a most unfortunate downtrend. The price action, much like a sulking suitor, has been confined beneath the 200-day moving average since mid-April. Each and every attempt at a breakout has been swiftly thwarted by selling pressure, leaving the poor soul with little more than wistful dreams of success. The latest rally, though perhaps hopeful in spirit, quickly faded at the EMA cluster, exposing the market’s frailty and the utter lack of support from the so-called bulls. A true tragedy, one might say.

Using Ripple’s trusty U.S. dollar stablecoin RLUSD, the “qualified” (which is mostly a polite way of saying “those who can prove they’re rich enough to be bored”) can mint and redeem these treasury tokens 24/7. The initial supply is a humble $30 million, because even crypto has its limits, apparently.

This move signifies a daring pivot—a shift from the traditional dance to the blockchain jig—aiming to craft a digital asset treasury under the guise of “blockchain-native custody,” “staking,” and “tokenized management services.” In other words, a fancy way of saying, “We’re trying to pretend we know what we’re doing with your money, and we’d like you to be impressed.”

On June 10th, in a bold and heroic proclamation, the decentralized data-lakehouse known as SQD Network unveiled Oceanstream, a platform promising nothing less than the holy grail of financial data. Not only is this a slick tool for professional investors—think hedge funds, asset managers, and the like—but it aims to deliver nothing short of the most reliable and comprehensive financial information straight from more than 200 blockchains. Talk about a data tidal wave.

These tech behemoths control more than 60% of the cloud market, according to the latest figures from Statista. Their pitch? Speed and reliability—worldwide, no less! But at what price, you ask? Well, that would be control, censorship, and the occasional bout of vulnerability, of course. 🍿

Now, if you’re like me and your idea of a thrilling investment involves a good book and a cup of tea, you might be wondering what all the fuss is about. Designed for those brave souls known as fixed-income investors, $STRD promises a delightful cocktail of traditional yield structure mixed with the oh-so-reliable security of BTC collateral. Because nothing says “I’m financially responsible” quite like tying your fortunes to a digital currency that can swing wildly like a toddler on a sugar high. 🍭

Imagine, if you will, the likes of Grayscale and Bitwise, those titans of the crypto realm, clamoring to create these so-called “basket” ETFs. They propose to gather a motley crew of cryptocurrencies—Bitcoin, Solana, and their lesser-known cousins—into a single fund. It’s like a potluck dinner where everyone brings their favorite dish, and you hope that someone doesn’t bring that weird casserole nobody wants to touch. 🍲