The minting frenzy has investors tossing coins like a drunken pirate-hoping for a treasure chest of profits down the line. Typically, when stablecoins multiply like rabbits, it’s a sign liquidity is flowing more smoothly than a well-seasoned whiskey. Maybe even enough to push Solana’s price past those stubborn resistance levels, or so the crystal ball hints.
The latest slap in the face came from the GDOG ETF. Oh yes, the one everyone was so excited about, expecting it to bring institutional investors flooding in. Well, hold onto your hats, because those inflows dropped a shocking 80% overnight. From a whopping $1.8M down to a mere $365K. Total assets? A meager $2.16M on day two. Institutional demand? Let’s just say it’s not running in at the speed of light.
In a cheeky chat with Paul Barron, Grayscale’s bigwig Zach Pandl dubbed XRP a “battle-tested blockchain.” Well, isn’t that just adorable! Let’s face it, while Solana’s off running the fastest apps on the block, XRP’s got a reputation for surviving the wildest, most unpredictable crypto cycles. It’s like the cockroach of blockchains-here for the long haul, no matter what the world throws at it! 🪲
What’s got XRP in the spotlight? The launch of new ETF unicorns – Grayscale and Franklin Templeton just dropped XRP spot ETFs in the US. Because, apparently, everyone loves an ETF party. This brings the US tally to four XRP ETFs, with more on the horizon. Spoiler: it’s basically crypto’s version of quick fame.
According to the ever-watchful cybersecurity gurus at Socket, this little culprit goes by the name of Crypto Copilot. It lets users trade Solana (SOL) right from their oh-so-convenient X social media feed. But don’t get too comfy-Crypto Copilot isn’t your friendly neighborhood trading tool. Nope, it has a hidden agenda: skimming at least 0.0013 SOL (that’s 0.05% of your trade) every time you make a swap. Just a small amount? Sure, but it adds up. 😈
Enter the CryptoMoon Decentralization Guardians (CTDG), a band of merry validators and governance enthusiasts who’ve decided that ideas deserve better than a dusty notebook or a forgotten chat. They’ve staked their claim on networks like Solana, Injective, Chiliz, Polkadot, Coreum, Canton, and Mantra, not just to validate but to nurture the very essence of decentralization. 🛡️🚀
Well, no. It’s sort of like trying to tell if a cat is happy just because it’s sitting in a sunbeam-things aren’t quite clear yet. For the market to genuinely turn bullish, the token needs to break past the stubborn resistances at $0.693 and $0.793-think of them as the crypto equivalent of stubborn cousins who refuse to be moved. Flip those resistance levels into support, and maybe, just maybe, we’ve turned a corner. Until then, it’s mostly just a lot of hope and a dash of skepticism.
He called the folks at S&P a buncha folks still sittin’ on their porches in a broken old financial town, and claimed they don’t understand how a stablecoin like USDT works-like a cow cantor at a ballet recital. Complainin’ about their “disclosure gaps” and how they’re all worried ‘cause Tether’s got Bitcoin, gold, loans, and bonds mixed up in its reserves, like a stew gone bad. Meanwhile, he makes a point that Tether’s got better governance than those other guys, like USDC, who haven’t had a scandal yet (probably because they’re too broke to scandalize). 🏦💰
After months of languishing under the oppressive weight of a descending trendline-an unwelcome guest that kept its price prisoner-Kaspa has suddenly, almost mischievously, shattered these bonds. With a rally of 40% in just one week, it has proven that the darkest night is often followed by the most glorious dawn, especially if whales are involved-you know, those elegant giants who buy dips and smile smugly at everyone else’s panic.
A Guide to Getting Screwed
