Cryptonews

They’re saying RLUSD is going to be the hero of the $685 billion remittance market, which is like saying it’s going to be the new black, but for money. 🤑

Among the major altcoins, $XRP took the lead with a more than 12% surge. Ethereum and Solana also showed a strong performance with 5% and 3% gains in the last 24 hours, respectively. This could be attributed to the upcoming Crypto Week in the US. 🇺🇸

According to the ever-serious Keyrock report, these brave companies, like Marathon Digital and the elusive Nakamoto, are in a bit of a pickle! They proudly hold over 725,000 shiny coins of Bitcoin, but they’ve decided to play games with borrowed nickels and dimes, depending on the fickle world of capital markets and negative cash flows. Talk about a slippery slope! 😱💸

Sun, with the flair of a modern-day Don Quixote, is rapidly ascending the ranks of Trump’s financial backers, positioning himself as a formidable rival to Musk, who has long been a vocal and generous supporter of the US President. This latest salvo in the crypto wars was launched through TronDAO, a platform that seems to exist solely to make headlines and baffle the uninitiated. 🤔

In a surprise announcement, Coinbase is now welcoming Sky (SKY), formerly known as MakerDAO, and its associated stablecoin USDS (USDS) into its digital asset family. 🎉

But now, Hayes is all about that altcoin life. On July 11, he posted on X (because who needs Twitter, am I right?) about why he’s suddenly feeling bullish. And with Bitcoin hitting a new all-time high of $118,869 and $122B in trading volumes, it’s hard to blame him.

Lo and behold! The U.S. Senate, in its infinite wisdom, has confirmed Jonathan Gould as the new overlord of the OCC. Such a pivotal role in America’s financial theater, where actors known as banks tread lightly upon the stage of regulatory drama, has now been bestowed upon him by a rather close 50-45 vote. Apparently, the fate of crypto regulation was hanging by the thinnest of threads, one more frayed than a cat’s favorite toy. 🎭

Alchemy Pay has now racked up MTLs in 10 states in the U.S. These states are Arkansas, Iowa, Minnesota, New Hampshire, New Mexico, Oklahoma, Oregon, Wyoming, Arizona, and now South Carolina. This shows that Alchemy Pay isn’t just playing around with U.S. regulations; they’re serious about establishing trust among the regulators. It’s like they’re the good kids in the class, always raising their hand and saying, “Pick me, pick me!” 🙋‍♂️

According to the Treasury’s Debt to the Penny database (yes, it’s really called that—sounds almost like a dystopian novel), the national debt surged by a mind-boggling $384.7 billion between July 3rd and 9th. For those keeping score, that brings the total debt to an *all-time high* of $36.6 trillion. 💸

It was a typical Wednesday morning when Druk Holding and Investments (DHI), Bhutan’s sovereign investment fund, made headlines by transferring 213.5 BTC to a Binance deposit address. This marked the second consecutive week of sizeable transfers from the Himalayan kingdom, signaling an effort to capitalize on the current market euphoria. 💸