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Following the grand rebound from $2.96, our dear XRP has decided to dapple in the charming arts of bullish reversal. A short-term breakout sashayed between $3.06 and $3.09, with trading activity that would make even the most docile bulls take notice. Momentum seemed to be in a jolly mood, pushing the price up to $3.24 as if it were training for a marathon. Analysts are drooling over the consistent pattern of ascending lows—from $2.96 to $3.11—like kids eyeing the last cookie, suggestive of a waning bearish presence.

This endeavor coincides with the recent enactment of the GENIUS Act, a legislative marvel that establishes a federal regulatory framework for payment stablecoins, elucidating the arcane rules governing reserve assets. 📜

Over the past two years, this cryptocurrency enterprise helmed by Joseph Lubin has become something of a master at downsizing, shedding 38% of its employees amidst a whirlwind of institutional chaos, legal skirmishes, and macroeconomic headwinds. One wonders if there’s a trophy for Most Persistent Layoffs—or perhaps just a participation ribbon?

Seems like WazirX took to X (formerly known as Twitter, but who’s counting?) to share some updates on their ongoing saga. About a year ago, the platform got itself a nice visit from the North Korean Lazarus Group, who decided to help themselves to nearly $235 million in digital assets. Now, ain’t that a fine how-do-you-do? 💸

“If ETH doth breach the $4,000 mark,” quoth he with a wink, “’twill enter a phase of price discovery, a veritable masquerade of gains!” 🎭💸 He then pointed to the growing treasure troves of ETH among companies, noting that capital flows into its coffers like wine at a bacchanal, while its supply remains as scarce as wit in a fool’s head. A setup, he claims, that favors ETH over BTC in the coming moons. Ethereum, at present, hovers near $3,756, up 4% on the day, inching closer to that fabled threshold like a suitor to a maiden’s balcony. 🌙💍

Much to the delight of blockchain detective ZachXBT, it appears our friend Chris has moved about $140 million worth of those shiny tokens to various addresses, most likely with a directly proportional degree of hesitation—or maybe just a dash of mischief. 🙃