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From the bureaucratic labyrinths of the U.S. Securities and Exchange Commission-a place Dostoevsky would surely despise-comes a tale: Griffin’s noble band of financiers at Citadel swept up 3,824,329 shares in the house of NioCorp Developments Ltd (NB), purveyors of rare minerals destined to make the earth slightly less ordinary: niobium, scandium, titanium. Of course, none of these will help with the soul’s suffering (Leo’s hot take), but they might keep your smartphone from dying.

According to the latest scribbles from Animoca Brands (because what’s more thrilling than blockchain talk at a dinner party?), the company has coalesced with Standard Chartered’s Hong Kong branch and the telecom behemoth HKT to form a shiny new outfit called Anchorpoint Financial. Fancy! They’re all about piecing together a scheme for issuing and pushing stablecoins, like digital cash that’s as steady as a Luxembourgian bank account. 📈

So, the big question: Can PENDLE hit $6? 🤔 Let’s put on our Tina Fey glasses and squint at the details, shall we?

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Garlinghouse called it a “big step,” which is funny, because that’s what people say when they buy a new tractor or a yacht. The idea is that Rail will splice seamlessly into Ripple’s system, adding fancy things like virtual accounts and treasury automation – basically making Ripple the ‘easy button’ for big institutions settling payments with stablecoins. Grab a popcorn, folks.

In a recent thread on X, these crypto gurus are predicting that Ethereum is currently in a strong accumulation phase, which could set the stage for a massive rally. If ETH can reclaim the $4,000 level as support, things could get explosive. 💥

Enter John E. Deaton, the self-proclaimed “Crypto Cavalier,” who summed up the situation with a grin wider than a chocolate factory’s conveyor belt: “Wall Street is ‘too greedy’ to pass up this opportunity.” He said this while sipping tea and eyeing BlackRock like a mouse eyeing a cheese wheel. The cheese wheel in question? An iShares XRP ETF, which Nate Geraci of the ETF Store suggested might be waiting for the legal drama to end. 🧀

Ripple, ever the eager suitor, vows to deepen its grudgingly growing love affair with stablecoins by acquiring Rail-an infrastructure company that apparently has more banking friends than a socialite at a gala. This deal, still pending its final blessing from the ever-watchful regulators, aims to seal the deal before 2025’s curtain falls. Because nothing screams “future” like one more acquisition-like adding another wing to the mansion of financial innovation. 💼🏦

On Friday, Aug. 8, GMXSOL proudly announced its debut into the world of tokenized RWAs with a perpetual contract for the SPY/USD pair. For those unfamiliar, SPY is the ticker symbol for the S&P 500 ETF, a liquid and beloved portfolio of America’s top 500 companies. Chainlink (LINK), naturally, is the wizard behind the curtain, ensuring accurate pricing data flows smoothly like a well-oiled machine. Or at least, as smoothly as anything in crypto can go. 😅

A mere seven days ago, our beloved BTC was undergoing a significant correction, plummeting to a disheartening $112,000 on August 2nd. The market, ever the capricious lover, attempted a recovery, pushing the price back above $115K a day later. But alas, the sellers, those relentless harbingers of doom, were not content. They struck again, driving the price back down below $113,000. 😢