Can You Believe This? DIY Memecoin Platform Just Raked in $600 Million in 12 Minutes!

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Meet Pump.fun—a place where you too can become a memecoin millionaire (or at least *try* to pretend you are). In a jaw-dropping spectacle, this Solana-based platform raised $600 million in just 12 minutes during a token sale. Yes, you read that right. 12 MINUTES! Let that sink in while you sip your lukewarm coffee. According to Bloomberg, they’ve hit a total of $1.32 billion, which is a number that makes my head spin faster than my latest Tinder date’s excuses. 🥴

Bank Employee’s Grand Theft: $477,000 Vanishes in a Blink! 🏦💰

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The Justice Department, in a narrative that could rival the most dramatic of novels, recounts how in the months of July and August 2024, Damani Brown, a man once trusted with the keys to financial security, allegedly used his credentials to access the accounts of 12 customers and siphoned off a staggering $477,000. 🤑

FOMO Disease Spreads as Bitcoin Enters the Jungle 🐒

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Kiyosaki warns of the treacherous waters of FOMO (fear-of-missing-out), a contagious disease that can lead to financial ruin. He cautions that those who succumb to its allure will suffer losses, creating opportunities for the disciplined and patient investors to reap the rewards. His bold move is a testament to his long-term conviction that Bitcoin may reach the dizzying heights of $1 million. 💸

Stablecoins: A Tale of Tether and the $257B Empire!

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As of Saturday, July 12, 2025, the stablecoin market stands tall, with Tether’s USDT leading the charge with a commanding 62.13% share. Over the past week, USDT has seen a modest 0.42% increase, adding $671.3 million to its already impressive market cap of $160.15 billion. Circle’s USDC, however, has shown the most impressive growth, with a 2.12% increase, adding a whopping $1.31 billion to its supply.

Crypto Market Sizzles as Powell Resignation Rumors Spread: Will Fed Chair’s Exit Ignite Digital Assets?

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Amidst the excitement, political developments in the US have added a rather intriguing layer of speculation. Rumors are swirling that Jerome Powell, Chairman of the Federal Reserve, is considering stepping down. The news comes just as US President Donald Trump continues to pressure the Fed for interest rate cuts—an economic strategy Powell has yet to pursue. As markets digest the possibility of new leadership at the central bank, the potential shift in monetary policy could significantly impact risk assets, including cryptocurrencies.

Bitcoin to the Moon? 🚀

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In an interview on the White Crypto YouTube channel, Hougan expounded upon his thesis, citing the curious case of demand outstripping supply. It seems that those sellers who have been holding on for dear life are finally, well, almost exhausted. Meanwhile, institutional demand from companies, governments, and ETFs is on the rise, like a phoenix from the ashes. 🔥