GBPJPY

Trump, in what can only be described as his take on global economics 101, argued that the U.S. should have interest rates that are as low as Switzerland’s, which, by the way, are hovering just above the zero mark at 0.5%. Meanwhile, the U.S. is still sitting pretty between 4.25% and 4.5%. How does he explain the difference? Well, it’s simple, really—cut those rates, and the economy will be a rocket ship to the moon (in a totally non-metaphorical way, we assume). 🚀

In a shocking revelation posted on the infamous X social media platform (you know, where the tweets fly like they’re in a Speedy Gonzales cartoon!), JD claims that XRP is on the verge of a holy rollercoaster ride. He’s reading the charts like a priest reads the Bible—except he’s expecting a massive price explosion instead of a promised land! 💥

Picture this: a China-based electric vehicle (EV) company, U Power Limited (Nasdaq: UCAR), has decided to don the cape of innovation—or perhaps desperation—and partner with Iotex, a decentralized physical infrastructure (DePIN) firm. Their mission? To tokenize their network of battery swapping and charging stations. Yes, you read that correctly. Tokenization. Because apparently, in 2023, no industry is safe from the blockchain buzzword bonanza. 🪙

Apparently, $1.13 is now a ‘key support region’. Which is a fancy way of saying “people are vaguely hoping it doesn’t go lower”. Analysts, those beings who dedicate their lives to staring at wobbly lines, seem to think this is important. The 24-hour trading volume exceeded $904 million, which is… a lot of money to spend on a digital dog with headwear. A truly staggering amount. One wonders if anyone stopped to consider buying actual hats for actual dogs. Just a thought. 🐕‍🦱

Forbes, that paragon of financial wisdom, informs us that Larsen’s net worth remains a modest $10.8 billion, securing him the 264th spot on the global rich list. A truly modest achievement, one might say, given his initial 9.5 billion XRP allocation from 2012’s pre-mine. Now, he’s down to 2.8 billion tokens. A financial tightrope walker, perhaps? Or just a man with a flair for the dramatic. 🤡

Ah, but hark! Our dear Nate Geraci, a co-founder of the ETF Institute, has taken to the digital ether of X to herald this stupendous occasion on the 24th day of July. With a flourish worthy of a master playwright, he remarked, as if calling attention to a rare bird in the wild, that BlackRock’s ETHA claims the distinguished title of being the third swiftest ETF to amass such wealth, trailing only the ever-mysterious spot Bitcoin ETFs by BlackRock (IBIT) and the illustrious Fidelity (FBTC). Can you believe it? Three crypto-based ETFs leading the charge like children in a candy store, amidst an ETF landscape that has languished for more than three decades, with nearly 4,400 offerings! What a spectacle indeed! 🍭

Their common equity, known by the curious mark MSTR, lingered about four hundred and thirteen units of currency yesterday, scarcely moved by the hubbub. Yet, this year alone, it hath swelled by thirty-seven percent! And in the past twelve months? A staggering one hundred and forty-six percent! Thus, their market value doth approach a princely sum of one hundred and sixteen billion! Good heavens! 🙄 Such extravagance!

Mientras tanto, informaciones frescas de CryptoQuant nos susurran la historia de un legado olvidado: la relación entre los días cumulativos destruidos mensuales (CDD) y los anuales ha alcanzado un nivel notablemente altísimo de 0.25. En un rango de precios que provoca vértigo, entre $106,000 y $118,000, observamos una actividad poco sutil de los proponentes de la criptografía que han estado sosteniendo los precios cual si fueran reliquias de un templo perdido. Históricamente, momentos similares de CDD se han manifestado durante los picos macro de 2014 y las correcciones de 2019, ambos epítomes de la distribución desenfrenada.

Warning: May hallucinate, crash, or accidentally fund a North Korean mining operation. Human supervision advised (preferably one who owns a calculator).

Let’s break it down, shall we?