Now, let’s talk about Bitcoin (BTC), which soared to a staggering high of over $123,000 in July, only to come crashing down to below $120,000. Some folks are starting to doubt its ability to climb back up anytime soon, but hold your horses! Here are three reasons why this month might just be a goldmine.
This little dance of theirs puts them right up there with the likes of Binance TR, Bybit TR, and OKX TR, all lining up to play by the new rules of the game. Türkiye, it seems, is getting mighty serious about regulating this wild world of digital assets. It’s almost as if they’re trying to turn a crypto free-for-all into a well-organized cattle drive. 🐄
Pi News – that chatty X account linked to the crypto project Pi Network – trumpeted that TransFi has officially donned its KYB (Know Your Business) hat as a verified fiat on-ramp partner. 🎩✨ The fintech whiz is now snugly integrated with the Pi Wallet, meaning folks can buy and convert PI tokens directly with their local dosh. 🤑
Now, hold your horses, folks. The letter, which is officially dated August 1, 2025 (not that anyone’s counting the days), insists that DeepSeek-this Chinese company that developed the oh-so-dramatic R1 AI-might just be the next big thing that blows up America’s national security. You know, casual stuff. The other senators, from places like Louisiana, Texas, and Ohio (they clearly drew the short straw for signatories), are all in on this conspiracy theory. They believe DeepSeek is sneaky enough to aid China’s military, intelligence agencies, and-dare I say it-do some really shady stuff with American user data. Gasp! 😱
According to the reliable reports of crypto.news, MAMO’s peak on August 7th was a sprightly $0.227, yet the subsequent selling frenzy brought it almost a fifth lower. Still, in the grand scheme, it remains quite the rising star, up over 63% in a week and a staggering 1,300% since its inception-truly, a meteoric rise, perhaps even a bit theatrical. 🎢
So, Roman Storm, the man behind Tornado Cash (think of it as the Secret Club of Crypto Shadows), was found guilty by a jury of, well, doing crypto stuff without a license. And by crypto stuff, we mean funneling over $12 million, mostly from North Korean hackers who clearly wanted their privacy too. Because nothing screams “trust me” like billions of illegal transfers. 💸🚀
Bitcoin is doing its best impression of a support retest that looks eerily like late 2024, according to the ever-wise trader Galaxy. Spoiler: It involves a lot of dramatic support testing and hope.
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The Financial Times, that arbiter of all things financially tedious, has revealed that Chinese officials are earnestly testing these stablecoins as a means of circumventing the rather frightful possibility of being cut off from Swift in the event of… disagreements with the United States. One does hate to think of such vulgarities, naturally.
Yesterday, somewhere between the second and third cucumber sandwich at Marex HQ, a communique oozed onto the web: the firm hath formally joined JP Morgan’s Kinexys network, courtesy of the ever-buoyant cheerleaders at BH Digital. Huzzah! Henceforth, Marex may fling money through electronic pipes day and night, like a toddler scattering Lego. Gone are the dreary old “business hours.” Cue confetti made entirely of regulatory filings.
