Cryptonews

Mortier, visibly juggling his sense of irony, told Reuters that the bill’s name — the GENIUS Act — may turn out to be about as well-chosen as calling your hamster Beefcake. “It could be genius — or it could be evil,” he noted, presumably before spinning in his chair and laughing maniacally. The root of his concern? Turning the dollar digital and bolting it (with heroic enthusiasm) to a pile of U.S. Treasuries could make it less Atlas and more Humpty Dumpty.

Frankly, it’s a marvel the European Union ever got behind the wheel at all; most previous attempts at crypto policy resembled a committee attempting to assemble flat-pack furniture—no allen key, all existential dread.

This isn’t just a cryptic impulse buy—the $50 million is merely the appetizer. The main course? Up to $1 billion aimed squarely at BNB tokens, half of which is funded by $500 million in convertible notes. (Because what’s a big number without some financial wizardry?)

There, amidst the cacophony of posts and reposts, Zhao’s reply gleamed like a single lantern in the Russian mist. “Bruh… FUD,” he murmured, with the air of a man who’s already lost count of how many times he’s explained to the peasants that the winter wheat crop will be ready when it’s ready, and not an instant before.

He pointed out—undoubtedly shaking his head, for what else could one do?—that Binance “usually takes a few days to publish,” typically on the 5th or 6th, and that the “snapshot,” that much-mythologized event, occurs on the first. “Check the history properly please,” he urged, no doubt wondering whether those sowing doubt had ever checked anything ever.

Picture this: Tether, a heavyweight in the cryptosphere, and Adecoagro, your friendly neighborhood farmer (with acreage the size of a small country), shaking hands in the Brazilian sun. They’ve inked a Memorandum of Understanding (that’s legal talk for “we promise to think about doing this”), fixin’ to turn plain ol’ surplus energy into shiny new bitcoins. Nobody’s said how much energy yet, but knowing farmers, if they could run mining rigs on cowbell, they’d do it.

declined 3.36% over the past 24 hours, retreating from $155.69 to $150.81, according to CoinDesk Research’s technical analysis model, amid broader market pressures, even as institutional developments in Asia signal growing momentum for the blockchain.

In a recent X post, Fireblocks revealed that Minna Bank is collaborating with them, Solana Japan, and the illustrious Japanese tech firm TIS on a joint study to assess the viability of stablecoins in everyday financial services. The news was shared with the world on the auspicious day of July 4, 2025.

The market structure, my dear fellow, is a compressed spring, ready to burst forth with reckless abandon. The longer this squeeze lasts, the more explosive the final move is likely to be. The 100-day EMA, that stalwart sentinel, stands guard at $2.28, while the 50-day EMA, that coy mistress, teases us with her presence near $2.22. XRP has repeatedly failed to close decisively above her, the poor dear.

Thursday dawns, and SUI, after an invigorating night of soul-searching (mostly in the wallets of trembling traders), leaps more than 10% from $2.70, making a run for the noble threshold of $3.00. Our protagonist hovers in that ethereal space between $2.95 and $3.08—a range not unlike the gap between what you meant to say and what burst out at your aunt’s wedding.

But before you start waddling to the nearest crypto exchange, technical indicators suggest that buyer fatigue may be setting in, raising the risk of a short-term correction in PENGU’s price. 😰