XRP Drops Under $2 — And Absolutely Everyone Is Freaking Out

Yesterday, XRP was down 2.18%, which is stacking itself nicely atop a full 7.93% plunge since June 19—back when we were all young, optimistic, and XRP was still at $2.17. At one point it even grazed $1.90. Panic stations! 🚨 (Or just more tweets with rocket emojis going the wrong way…)

You Won’t Believe What Milei Did to Argentina’s Economy—Global Markets Are Watching 👀

When Milei strode to power in the elections of 2023, he did not do so with the melodious croon of a poet nor the cloak of subtlety Tolstoy’s villains favored. He arrived wielding not one, but many metaphysical chainsaws, slicing away government extravagance with a zeal most reserve for cutting birthday cakes, or possibly old grudges. His program—cheekily titled the ‘Chainsaw Cuts’—has proved more competent than a bored tax collector, banishing bureaucratic excess and shining a spotlight (albeit flickering and prone to blackouts) on the nation’s chronic waste.

Disastrous Downturn or Whale Waltz? Why $47M Changed Everything for Story Protocol

Of course, as in any small Russian town, the people with real money strolled onto stage. Trading volume burst upwards by 118%—an outburst rarely seen outside of marriage proposals or vodka shortages. According to Lookonchain, which sees all but tells little, on June 23 two anonymous whales decided, in their infinite wisdom, to buy 16 million IP tokens for $47.5 million. Is it investing, or just boredom at its most expensive? Only the whales know.