Ah, meme coins – the life of the crypto party! With a marketing cap nearing $55B, these digital jesters are riding the bullish wave like a unicycle-riding clown on a rollercoaster. And who doesn’t love a good rollercoaster ride, eh?
According to Jesse, the ongoing legal tussle between Ripple and the SEC is not the straightforward battle of good versus evil that it might appear to be. Oh no, my friends, it’s more akin to a carefully choreographed dance, designed to keep the XRP price as low as a butler’s bow while Ripple stealthily forges alliances across the globe.
That’s right, folks! The Ukrainian government is cracking down on those pesky Russians who thought they could bypass financial restrictions through the magic of digital currency. And guess what? They’re not just targeting Russian-based companies – they’re also going after foreign firms involved in these shady schemes.
But hold on to your leashes, folks! Over the past week, FLOKI reclaimed that support level, and now the bulls are back, trying to push you towards $0.0001. 🚀🌕
Meanwhile, the US House narrowly passed President Trump’s $3.4 trillion fiscal package, which is advantageous for American corporations, late last week.
Musk, ever the sage, believes this legislation is nothing short of fiscal folly, a recipe for economic chaos and instability. But why stop at mere words when one can form a political party? 🤷‍♂️
On a fateful morning, July 3rd—a day destined to echo inside every gold-trimmed wallet—Binance, that tireless money-machine-for-the-elect, whispered unto its choicest clients: “Come, mighty traders, partake in our new Institutional Loans.” Only those bejeweled with the VIP 5+ medallion—or, in rare displays of favor, applicants scrutinized by Binance’s all-seeing spectacles—could enter this credit menagerie, where capital efficiency is not so much a goal as a minor sport.
Artyom (@art_the_trader), a trader with more charts than a cartographer, has spotted a bullish scenario on both the weekly and daily charts for FLOKI/USDT. The weekly structure is holding up, with the price staying above the June low and consolidating within a broader recovery formation. It’s like FLOKI is playing a game of Jenga, and so far, it hasn’t knocked over the tower.
Many are wondering why BTC has been stuck within a tight range since it hit an all-time high (ATH) in late May, like a hamster on a treadmill that’s run out of steam.
Data shows Tether’s gold-backed token XAUT now holds a market cap of $822 million, while Paxos’ PAXG is sitting slightly higher at $934 million. Together, these two giants dominate the $2.05 billion tokenized gold market, accounting for a hefty 85.61% of the entire sector. With gold on a tear this year, interest and trading around these two precious-metal-pegged crypto tokens have taken off like a rocket.