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Armstrong articulated that the potential introduction of a network token could serve as a “powerful tool” to accelerate decentralization and foster growth among creators and developers within the ecosystem. 🧠💸
It’s a big moment for altcoins. You know, all those cryptos that aren’t Bitcoin? Apparently, regulators are starting to care about them too. About time, right?
Private market access has long been restricted to institutions and high-net-worth individuals, leaving everyday traders unable to participate in some of the most lucrative stages of company growth. Robinhood Markets Inc. (Nasdaq: HOOD) announced on Sept. 15 that it is taking steps to change this dynamic through the launch of Robinhood Ventures Fund I (RVI). The new fund, managed by Robinhood Ventures DE, LLC, a newly formed wholly owned subsidiary of Robinhood Markets, is designed to open early-stage private company investment opportunities to retail investors. The firm explained:
This is Ripple’s second $25 million donation this year. The company notes that small businesses are major drivers of the U.S. economy, employing almost half of the American workforce and contributing 43.5% of the country’s total economic output.
Over 357 million PENGU tokens have been burned, a 13.69% supply cut, while the RSI lingers at 51.48-neither here nor there, like a penguin pondering a leap into frosty waters. 🌊
Corporate treasuries are throwing money at SOL like it’s the last cannoli on the table-and the price is feeling the love.
The sagacious analysts, led by one Jonathan Petersen, assert that the surge in hashrate hath had a direct and deleterious effect upon the earnings of these miners. In their missive, they remark, “A hypothetical 1 EH/s fleet of BTC miners would have generated ~$55k/day in revenue during August, compared to ~$58k/day in July and ~$44k a year prior.” This, dear reader, doth illustrate that while profits have improved since yesteryear, the month-over-month trend reveals a mounting pressure from the network’s increasing difficulty. 🧮
Stedas, that indefatigable chronicler of crypto chaos, has once again provided the market with a masterclass in charting the chaos. His analysis of XRP’s weekly chart reveals a bull flag so polished it could serve as a mirror for the Queen’s hat. The “flagpole” of this formation-achieved through a sharp rally-now awaits the “flag” of consolidation, a brief interlude before the crescendo. One suspects the market is merely gathering its wits (and wallets) for a finale that would make Wagner blush. 🎭
BeInCrypto has analysed three such altcoins that could be looking at gains in the coming week. Or, as the British might say, “three tokens with a slim chance of survival.”
Turns out, XRP’s market cap is now bigger than BlackRock and Sony. Yes, THAT BlackRock. The one that manages more money than you’ve ever seen in your life. XRP’s sitting pretty at $182 billion, while BlackRock and Sony are left eating its digital dust at $173 and $174 billion, respectively. Sorry, guys, better luck next bull run! 😘
