Trump’s Crypto Waltz: XLM’s XRP Echo, Portnoy’s XRP Lament 🎩🚀

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Chronicles of the Week, Told in the Manner of Ivan Turgenev

Amidst the Halls of Power, a New Law Takes Shape

As the sun set over the Capitol, the President, a man of considerable stature, Donald Trump, signed into law a bill of great significance to the realm of digital currencies. The air was thick with anticipation, for this was no ordinary gathering. Cryptocurrency executives, the new nobility of finance, stood in attendance, their eyes gleaming with the promise of innovation. The Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act was now the law of the land, a testament to the changing times.

Among the luminaries present were the likes of David Ripley, co-CEO of Kraken, the Winklevoss twins of Gemini, Brian Armstrong of Coinbase, Jeremy Allaire of Circle, Paolo Ardoino of Tether, and Vladimir Tenev of Robinhood. Each name carried the weight of a new era, a time where the digital and the tangible merge in the grand tapestry of commerce.

The Youth and Their Digital Coinage

In the realm of the young, a new trend has emerged. The generation known as Gen Z, those born into the digital age, have taken to spending their crypto as casually as their elders might spend coin. Thirty-nine percent of these young spenders use their digital wealth for gaming, while thirty-six percent partake in daily purchases and travel bookings. The older generation, Gen X, leads in high-value spending, with forty percent investing in travel, digital products, and real estate. The world of finance, it seems, is evolving, and the youth are at the forefront of this change.

Portnoy’s Lament: The Tale of Missed XRP Fortunes

Oh, the lament of Dave Portnoy, the founder of Barstool Sports, who once held the mantle of the XRP army’s leader. In a moment of regret, he confessed, “I would’ve made millions, and I want to cry. I don’t own it anymore.” His tale is one of missed opportunities, for he sold his XRP when it reached $2.40, only to see it soar to new heights. The irony is not lost on him, nor on the crypto community, who watched with a mix of amusement and sympathy as XRP surged to $3.60, a nineteen percent gain in a single day.

The Whale’s Dance: A Shift to Galaxy Digital

A whale of the Satoshi era, one who holds eighty thousand and twenty-one Bitcoin, has made a significant move. This whale, a creature of great wealth, has transferred forty thousand and nineteen Bitcoin, worth a staggering $4.77 billion, to Galaxy Digital. This transfer, coupled with a previous one, amounts to eighty thousand two hundred and one Bitcoin, or $9.6 billion, in the span of four days. The whale’s dance is watched closely, for it may signal a shift in the tides of the crypto market.

Trump’s Next Move: Crypto in Retirement

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Words of Wisdom

From the mouths of the wise, we gather the week’s most memorable quotations. Anthony Anzalone, founder and CEO of Xion, muses on the inverse correlation between the industry’s success and the memecoin market cap. Dave Portnoy laments his missed fortune in XRP. Eric Jackson, founder of EMJ Capital, envisions Ethereum as an institutional-grade yield product. André Dragosch, director and head of research at Bitwise, notes the absence of retail in Bitcoin’s new all-time highs. Katie Stockton, founder and managing partner at Fairlead Strategies, sets an intermediate-term objective for Bitcoin. Nassar Al Achkar, chief strategy officer at CoinW, foresees the unlocking of trillions in institutional capital.

The Prophet’s Gaze: XLM‘s Ascension

Stellar, the star of the week, shines brightly with a forecast of a thirty-five percent price rally. XLM, mirroring XRP’s recent surge, is poised for a bullish continuation pattern. A breakout above $0.52 could confirm the pattern, propelling XLM toward $0.63 by August, a thirty-five percent gain from its current position.

The Shadows of Doubt

Amidst the light of progress, shadows lurk. A former officer of the National Crime Agency has been sentenced to prison for stealing fifty Bitcoin, now worth $5.9 million, during the investigation of Silk Road 2.0. Lawsuits against Michael Saylor’s company Strategy pile up, their resolution uncertain. El Salvador, the first nation to adopt Bitcoin as legal tender, has not purchased any new Bitcoin since signing a loan deal with the IMF, leading to questions about its crypto strategy.

The Tales of the Week

Willy Woo, a Bitcoin OG, has sold most of his Bitcoin, his reasons rooted in the pursuit of opportunities with greater potential. The AI Eye chronicles the tales of ‘slaughterbot’ drones in Ukraine and the curious case of MechaHitler becoming a sexy waifu. Asia Express reports on a $1.8 billion crypto scam in China, the digital citizenship offered by an NFT in a Japanese village, and more.

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2025-07-20 02:54