Securitize, a company specializing in tokenizing real-world assets (RWA), is going public now. The BlackRock-backed firm is combining with a Special-Purpose Acquisition Company (SPAC). The transaction is valued at a $1.25 billion pre-money equity value by Securitize immediately. 🧙♂️💸
On-chain data, those gossiping harbingers, reveal a surge in the antics of large holders, with wallets brimming with one million or more XRP reaching a zenith of 2,700. These whale wallets, the true masters of the game, now hold half of the circulating supply, a testament to their insatiable appetite. 🕵️♂️
Some of these tokens are driven by fundamentals so strong they could bench-press a blockchain, while others are riding the coattails of whale accumulation and chart patterns that look like they’ve been doodled by a caffeinated trader. ☕ But all three RWA coins are now poised to make November their personal coming-out party. 🎉
In his latest proclamation, Saylor, the Bitcoin messiah, emphatically stated, “You do not sell your Bitcoin!”-a mantra he’s been chanting for years. It’s almost like he’s trying to convince the world that Bitcoin is the holy grail of investments, and not just another passing trend. Well, who can argue with $2 billion in personal holdings? Certainly not me! 😏
One such oracle of crypto wisdom, the enigmatic EtherNasyonaL, has boldly proclaimed that Dogecoin’s third and most electrifying bullish phase is yet to come. His technical analysis-oh yes, the charting masterpiece that all the cool kids are talking about-suggests that the stage is set for another monumental surge. And where is it headed? Above $0.8? Possibly, or should we dare to dream of higher? 🎢
This multi-year rollout is all about “making ETH productive,” which is just a fancy way of saying “let’s gamble with institutional-grade crypto while pretending we’re not terrified.” They’ll dabble in DeFi, play with staking, and maybe even survive. Fingers crossed.
Trump Media and Technology Group, the parent company of Truth Social, Truth+, and Truth.Fi, announced an exclusive deal with Crypto.com’s Derivatives North America (CDNA), a CFTC-registered exchange and clearinghouse.
The grand rollout, which Circle has taken to calling the “Economic Operating System for the internet” (a title as lofty as it is perplexing), boasts the participation of over 100 esteemed companies from the realms of banking, capital markets, and fintech. Among these luminaries are BlackRock, Goldman Sachs, Visa, Mastercard, and State Street, according to a Tuesday announcement that has set the ton abuzz. 📰🎩
ADA’s chilling at $0.66, which is roughly the price of a slightly used toaster. While the crypto market collectively nervously taps its foot, Cardano’s price structure is allegedly doing jazz hands. Analysts are calling it “increasingly likely” for ADA to make a “major move” by year-end. Spoiler: so is the pizza delivery guy if you don’t pay him.
As the US government squanders taxpayer funds on bureaucratic farce, the crypto world gleefully ushers in a new era of ETFs-Canary’s Litecoin and Hedera offerings, Bitwise’s Solana Staking charade, and Grayscale’s belated Solana attempt. A veritable feast of financial jargon, served cold.
