Cardano’s Wild Ride: Will ADA Explode to $3 in 2025?
Cardano had a rough go in the first half of ’25, like a farmer watching his crops wilt, but come Q3, it turned bullish faster than you can say “gold rush.” Here’s the lowdown on its wild ride:
Cardano had a rough go in the first half of ’25, like a farmer watching his crops wilt, but come Q3, it turned bullish faster than you can say “gold rush.” Here’s the lowdown on its wild ride:
This grand endeavor seeks to transition USDtb from its cozy British Virgin Islands home, where it has been issued through the Pallas Fund (BVI) Ltd since December, to a more domestic setting via Anchorage Digitalās stablecoin platform. Currently, the token boasts a $1.45 billion supply on the Ethereum blockchain, backed primarily by the tokenized money market fund BUIDL, courtesy of BlackRock and Securitize. š¦
According to Binanceās latest announcement (which Iām sure was written in the most confusing financial jargon possible), this product goes live on July 28. Mark your calendars, folks! You can start throwing your USDT or USDC at it, depending on which stablecoin youāre emotionally attached to. šļø
But hereās the twist: this magical tree doesnāt give you direct access to the golden apples (read: Bitcoin). Instead, it uses the legend of Bitcoinās past glory to sprinkle some fairy dust on your investments, promising steady, high-yield payouts. Itās like having a piggy bank that grows fatter while you sleep, all thanks to the whimsical world of crypto! š¦piggybank
Project Acacia kicked off with 24 use cases, 19 involving real transactions and five simulated ones. All this despite the RBAās own 2024 report declaring, āthere is no clear public interest case to issue retail CBDC in Australia as yet.ā Australians, it seems, are already well-served by a payments system thatās efficient, innovative, and safeāor so the report claims. So why the sudden urgency? Control, perhaps? Or maybe they just wanted to see how many acronyms they could fit into one project name. š¤
In a rather grand announcement on a Monday (because who doesnāt love a bit of Monday madness?), they revealed their latest Bitcoin binge. With this shiny new haul, Metaplanet now boasts a whopping 17,132 BTC! And guess what? They paid an average of 17,520,454 Japanese yen per coin, which is about $118,145. Thatās a total of around $92 million! Just a pocket change, really! šø
Just a week after its first “OMG, I just hit $800!” moment, our favorite crypto (thatās BNB, in case you forgot) was back at it again on July 28. It shot up to just over $850 and brought along its buddies for a 7.4% 24-hour partyā elevating its status to the fabulous fifth spot among digital assets! š
This little financial escapade was first reported by Bloomberg on July 28th. Apparently, the company didnāt feel the need to spill all the beans, but it looks like theyāre betting big on price swings in Bitcoin-related securities. Think exchange-traded funds, crypto stocks, or convertible bondsāall without actually buying more Bitcoin itself (BTC). Clever? Or just cowardly? Who knows! š¤·āāļø
Most amusingly, the ever-charismatic Elon Muskāa man who seems to have mastered the art of public intrigueārecently bestowed a fleeting mention upon VINE. Could it be that the specter of Vine will re-emerge, powered by the wonders of artificial intelligence? Who knows! It’s all very profound and filled with the absurd drama one expects from a high-stakes theatre piece.
Sam compared chatting with ChatGPT to talking to your therapist, lawyer, or doctorāexcept, you know, without the whole confidentiality thing. It turns out, if someone decides to sue, all that juicy info you thought was safe could end up on the courtroom floor. š±