S&P Global (NYSE: SPGI) announced a collaboration between S&P Global Ratings and Chainlink to publish its Stablecoin Stability Assessments through Datalink, Chainlink’s institutional-grade data publishing service. The move makes S&P’s independent stablecoin risk analysis available directly to blockchain applications and smart contracts for the first time. 🤖
As we sit in the grand theater of capitalism, the futures market whispers a 97% chance of a 25 basis point rate cut in October, with an 89% probability of yet another cut in December. This paints a picture of monetary easing, a hopeful song to be sung amidst signs of a slowing economy. But wait, don’t pop the champagne just yet! If Powell dares suggest that the Fed might keep rates higher for longer, well, you can bet your bottom dollar (which seems increasingly devalued) that both traditional markets and the wild world of crypto will feel a renewed sting of sell-offs.
Yet history whispers: past flirtations between accumulation and derivatives have birthed 40-70% surges in weeks. But alas, even love requires mutual consent. Spot flows and derivatives must dance in harmony-or the ballroom collapses.
After the crypto market’s $500 billion value destruction, BNB stood out as an outperformer with a swift recovery to a new all-time high above $1,350. That period appears to be over, as it plunged nearly 6.5% in the last 24 hours. 🚀
The chaos began when BNB Chain’s X account was hacked-cue the birth of “4.” 🤡
Tether’s growing reserves in gold and Treasuries highlight how stablecoins are bridging digital assets with real-world stores of value. Like they’re building a digital Fort Knox. 🏦💎
As the market’s volatility finally takes a chill pill, Floki clings to a support zone like a toddler to a lollipop. Now we’re left wondering: is this the calm before the storm, or just the calm before someone accidentally drops the price? 🤷♂️
Gemini’s AI model, with all the confidence of a Fortune 500 CEO, predicts that $SOL will hit $300 before the year ends. The forecast is based on Solana’s supremacy across almost every on-chain metric that actually matters (not the fake metrics, mind you).
Hon took to X (formerly Twitter) to cry wolf, explaining that scammers paid Telegram to push ads into a channel that’s *supposed* to be sacred ground for official updates. Imagine if your boss started letting random strangers send emails from your company Slack. “Crazy,” Hon said, “that Telegram will push content directly into a channel that otherwise only contains content from one party.” Spoiler: That one party is not the FBI. 🚨
Metaplanet’s shares, now trading at a mere 482 yen (a paltry $3.10), have plummeted 12.36%-a drop so dramatic, it could make even the most stoic accountant weep. The culprit? A crypto market so shaky, it’s as if the entire industry is trying to out-scare a haunted house. Investors, ever the fickle lovers, now eye Bitcoin-holding firms with the suspicion of a man spotting a tax auditor in a mirror.
