GBPJPY

The SEC, in its infinite wisdom, decided to push back its decision on the much-anticipated Grayscale Cardano ETF, pushing the timeline to October 26, 2025 – because what’s another couple of years in crypto years? While this is standard operating procedure for federal agencies(we’re looking at you, DMV), it’s like telling an impatient kid at Christmas, “Just wait, Santa’s got a delay.” Naturally, investors are clutching their FOMO-and their wallets-waiting to see if this delay will turn into a gift or a lump of coal.

The recent dance of Ripple (XRP), as it wades through the treacherous waters of market uncertainty, reveals a rather fascinating spectacle: a confluence of powerful forces that refuse to be ignored. This confluence, born of Fibonacci wisdom and moving average tradition, has found its place as a support zone. It is here, in this sacred meeting of technicals, that XRP finds itself anchored, ready for whatever journey lies ahead. With the market structure solidified, the path seems paved for higher ambitions.

According to a press release, BIT Mining has joined hands with Brale Inc. to ensure that this digital asset adheres to the most stringent compliance standards. A prudent move, if I may say so.

Traders, my dears, were clutching their pearls over nearly $12 billion worth of Bitcoin [BTC] Options set to expire on the 29th of August. How très dramatic! 💎💔

Pelin Ay (@PelinayPA), that high priestess of charts, declares FLOKI ensnared in an “upward channel,” a phrase as grandiose as it is dubious. The 0.618 Fibonacci retracement level, she proclaims, is its lifeline-a thread separating triumph from oblivion. 🕸️ Yet, what is this but a modern alchemy, where numbers are transmuted into prophecy? The RSI, neither hot nor cold, lingers in its tepid neutrality, a shrug of the shoulders from the market gods. 🦵 Will FLOKI bounce, or shall it crumble like a poorly baked pie? The answer, my friend, is blowing in the volatile winds of crypto. 🌪️

On August 26, the city’s six virtual asset ETFs traded HK$56.4 million ($7.2 million). Not too shabby, considering the market has mood swings that make a toddler on sugar look stable.

Elsewhere in the crypto menagerie, the futures bazaar is booming, with Ethereum and Solana also scratching at the door, weighing in at that magic $1 billion mark. But guess who’s sprinting ahead with the energy of a cashier at closing time? XRP! Yes, the token beloved by institutional suits with pockets deeper than Margarita’s philosophical monologues.

Richard Teng, Binance’s CEO (or as I like to call him, the crypto cowboy in a digital Wild West), took to X (formerly Twitter, if you still remember what that was) to deliver a PSA that sounds suspiciously like an episode from “Things That Make You Say ‘Really?’”

The custodians of marble halls (aka stock exchanges) demand regulators exorcise these “tokenized stocks”-spectral mimics that haunt gray zones, siphoning substance from the living. 💀

The global market cap, that proud titan, slumped 1.27% to $3.81 trillion, a mere shadow of its former glory. 🏛️ Bitcoin, that once-mighty colossus, dipped below $110,000, trading at $109,986 with $79.8 billion in turnover. A tragic fall for the king of coins! ⚔️