Crypto Circus: Do Kwon’s Court Drama, Google’s Wallet About-Face & The Great ETH Sale

In a week that can only be described as a glorious dumpster fire mixed with a dash of existential crisis, crypto wizards and financial acrobats alike wobbled on their digital tightropes. Grab your towel, dear reader-yes, even if you’re hallucinating about Bitcoin being a space llama-and prepare for a tour through the absurdity that is the crypto universe. 🚀✨

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Crypto chaos

Bitcoin – The Big Brother of Digital Coins

Meta-planet Earth’s most ambitious Bitcoin hoarder, Metaplanet, has inflated its digital wallet to a staggering 18,113 BTC, parting with a cool $61.4 million. Apparently, they’re trying to corner the market, or at least impress the accountants at their next quarterly meltdown. Meanwhile, the world’s other big players are juggling their holdings like a circus act-because who needs boring old stability when you can have adrenaline-fueled volatility? 🎪💸

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Bitcoin explosion

Ethereum, Siblings, and Selling Secrets

The “7 Siblings” whale gang-think of a group of overly attached siblings with a penchant for Ethereum-sold off $88.2 million worth of ETH. Their first major sell-off since hoarding 1.21 million ETH, possibly to buy more snack food or just to keep us all guessing. Meanwhile, FG Nexus bought a staggering $200 million in ETH, aiming for a 10% slice of the network pie-because why not have a stake in the world’s second-largest blockchain? 🍰🔗

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ETH whales

Business Shenanigans and Google’s Crypto U-Turn

Google, in a rare moment of clarity, decided not to ban non-custodial crypto wallets from its Play Store-probably realizing that banning wallets might be less profitable than flirting with blockchain cheekily. Meanwhile, Pantera Capital, notoriously ambitious, has thrown over $300 million into digital asset treasures (DATs), confident they might outperform those boring ETFs-because what’s life without a little chaos? 💼💥

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Google crypto

Web3, Gaming & Some Seriously Cool Names

KuCoin Pay, the payment system that’s trying to turn your coffee-fueled impulsiveness into crypto-based purchases, teamed up with BitTopup-because who wouldn’t want to pay for their mobile recharge with digital tokens? Elsewhere, Coldware and BlockDag are flipping blockchain engagement on opposite ends of the spectrum-one’s icy, the other’s hot. BTCC signed Jaren Jackson Jr.-because nothing says crypto like integrating with a guy who can slam dunk your portfolio into oblivion. ⛹️‍♂️🏀

And lest we forget, NFL Rivals has officially gone pro with 6+ million downloads, proving that even in the world of gaming, crypto is making all the touchdowns. The DeFi universe hit a record $13 billion TVL-because apparently, even decentralized finance enjoys a growth spurt. 📈💥

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NFL and DeFi

Security and Other Daily Disasters

BtcTurk, confidently ignoring the hacker’s party, suspended withdrawals after an alleged $48 million hot wallet hack. The bad guys are apparently trying to flush funds across multiple networks-because why not make it a game? 🔒💰

Regulation: The Invisible Hand… or Not

The Federal Reserve, in its infinite wisdom, pulled the plug on its crypto supervision program-probably realizing that trying to control digital gold was too much fun to resist, but also possibly too complicated. Meanwhile, Do Kwon, the poster boy for crypto caution, pleaded guilty in a New York court-though, considering the entire Terra saga, one can’t help but wonder if he’s auditioning for a theatrical production. And in classic government fashion, the SEC delayed its decision on Solana ETFs until October 16, 2025-because nothing says “hurry up” like market volatility and inflation worries. 🕰️💼

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2025-08-17 17:06