qfx

According to their big announcement on Friday, they’re offering institutional-grade custody, spot trading, derivatives trading, and-wait for it-staking in the near future. And if you’re thinking, “But what about loans?” Don’t worry, they’ve got those too, coming in Q4. All your SUI holdings will be kept off the balance sheet, because apparently even Swiss banks don’t want to touch this stuff directly. Smart move. 🤷‍♂️💼

Behold: Dogecoin, the meme-coin that started as a joke and somehow became worth taking seriously, is allegedly setting sail for the lofty shores of $1.60. Yes, you heard me right-$1.60! The very same coin that once traded for fractions of a penny is now eyeing a price tag higher than my grocery bill after a trip to Whole Foods. And how does this modern-day oracle justify such madness? With something called a “historic fractal.” Because apparently, history doesn’t just repeat itself-it rhymes, dances, and occasionally moonwalks straight into your wallet 💃🪙.

The meme itself is a relic from the distant past, dating back to a 2013 Reddit contest. Back when internet memes were still experimental art projects, a brave soul drew a crude MS Paint wizard riding a shiny gold coin with the bold motto “magic internet money.” Despite its unimpressive artistry, it somehow captured the rebellious spirit of Bitcoin – a perfect symbol of outsider defiance that stuck around like a stubborn burr. Now, it’s practically the vintage poster child for crypto’s entire attitude problem.

This Friday past, Coinbase waltzed onto the stage with a flourish, announcing the addition of DEX trades-buffered with the finesse of a debutante at the ball. Now, users can partake in an expanded universe of cryptocurrencies, practically from the comfort of their lounge chairs-at least, for most of the U.S. 😏

So, Saylor drops this AI-generated masterpiece of himself peering over Manhattan, bathed in that classic BTC hue-orange. Very dramatic, very intense. Like he’s about to conquer the world or at least conquer the coffee shop Wi-Fi.☕📈

It’s like the plot of a corporate thriller, complete with dramatic plot twists and a cast of characters who wouldn’t be out of place in a Shakespearean drama. The unexpected pushback from shareholders has sent ripples through the crypto markets, sparking a sudden surge in AI tokens. Investors, it seems, are seeing something more than just a boardroom battle-they’re spotting a bigger game afoot.

Now, get this, around press time, Ethereum (ETH) was feeling pretty good about itself, gaining almost 4% in just 24 hours to hit $4,002. It even managed to touch that oh-so-important psychological level for the first time since December. Ethereum’s price has been on a wild ride, skyrocketing 163% since April, when it was chilling at $1,383. All thanks to more staking and some big companies getting in on the action. 🏦🔥

Their recent earnings report was quite the spectacle too-reporting a sum of six billion and five million dollars, with a delightful little profit of over two and a half billion, of which a handsome portion, exactly two point one four billion, was derived from Bitcoin sales through Cash App. Quite the ledger! This performance has prompted them to raise their expectations for the full year to over ten billion, a feat most admirable and perhaps a tad ambitious.

And what do you reckon Bitcoin did? Well, it started throwin’ out shorts like a temperamental gambler at the roulette wheel, nearly $300 million’s worth of ‘em gone in the blink of an eye. Data from CoinGlass shows that overnight, the shorts just evaporated, like a mirage in the desert. Meanwhile, Bitcoin’s price done pushed past $117,580-breaking the $115K mark like a bull in a china shop-just in the same day, no less, proving once again that it’s got more fight than a barrel of badgers.

“The utility of the exchange made possible by Bitcoin will far exceed the cost of electricity used. Therefore, not having Bitcoin would be net waste.”