XRP’s Explosive Ascent: A Crypto Fairytale or a Trap?

This rapid escalation has triggered a wave of liquidations, totaling $13.09 million in the past day. Notably, $10 million of those came from short positions—highlighting how traders betting against XRP were caught offside. Long positions accounted for just over $3 million, reflecting the bullish tilt of the market. 🐂📈

Get Ready for the PayPal PYUSD Stablecoin Invasion on Arbitrum!

Launched in 2023, PYUSD is a fully-backed 1:1 stablecoin pegged to the US dollar. It’s like having a trusty sidekick that provides seamless connectivity to the PayPal and Venmo networks, allowing users to buy, sell, and hold it without incurring transaction fees or requiring external connectivity. 🤑

Ethereum Soars to New Heights: Whales and Fools Rejoice! 🎉

And yet, the tale of Ethereum’s triumph is not just a story of numbers, but of a battle of wits and wallets. In the past two days, our hero has outshone the mighty Bitcoin, with the ETH/BTC pair leaping by a staggering 15%. The pair now stands at 0.028 BTC, a level not seen since the days of yore, February. 🚀

Trump’s Powell Pardon Pumps Bitcoin: A Tale of Tweets and Trillions

Bitcoin ( BTC), that digital darling of the decentralized, reclaimed $119K on Wednesday after U.S. President Donald Trump, in a rare moment of restraint, quashed rumors that he was on the verge of firing Fed Chair Jerome Powell. According to a report from CNBC that must have been written by a soothsayer, an unnamed White House official confirmed on Tuesday that the president, after consulting with a group of Republican lawmakers, made a verbal commitment to get rid of Powell for being overly hawkish. 🦅

Pump.fun’s $19M Buyback: A Twist in the Memecoin Saga

First of all, the on-chain data provided by Solscan demonstrates that Pump.fun sent 187,770 SOL to a buyback wallet. That amounts to approximately 31.3 million dollars. Of this amount, approximately 118, 351 SOL or $19.3 million has already been spent to purchase 2.99 billion PUMP tokens at a mean price of 0.0064 per PUMP.