jpyxxRipple, once just the kid trying to make it big, just dropped a cool $1.25 billion to acquire Hidden Road, and suddenly XRP has a chance to become the financial tool it always dreamed of. According to Ripple’s Chief Technology Officer, David Schwartz, this is a “game-changer.”
Our gallant crypto cannot lay claim to resilience in such tempestuous times—nay, it may already be sinking into the depths of a bear market.
By Jove, the most extraordinary thing happened when that Trump chappie announced something about tariffs – rather like when Gussie Fink-Nottle announces his engagement to Madeline Bassett, the whole market went absolutely bonkers! 📈
This spectacle comes at a time when rumors swirl about the Solana network facing rising sell pressure from its top holders. How delightful. 😏
Just last month, the DeFi phenom triumphantly unveiled plans to introduce a new stablecoin dubbed USD1. It purports to be tethered to the venerable US dollar and propped up by the most reliable trio of short-term government treasuries, dollar deposits, and equally riveting cash equivalents. Truly a financial symphony! 🎻
Yes, price swings are a thing, dear diary—but if DOGE keeps dancing gracefully above that magical $0.13 mark, everyone’s ears will perk up. 💃✨
Verily, the tumult within the derivatives market has been as dramatic as any scene in which society’s follies are laid bare. In a span of but one day, liquidations amounting to $26.68 million have occurred—$9.37 million from those ever hopeful long positions, and $17.32 million from their rather less fortunate short counterparts, as recorded by the estimable CoinGlass. 😂
Meanwhile, the broader crypto market decided to join the festivities, expanding by a whopping $220 billion and gaining a sprightly 8.58% in just 24 hours, bringing its total valuation to a jaw-dropping $2.65 trillion. Trading activity was so lively that daily volume hit $176.01 billion—up a staggering 59.80% from the previous day. Bitcoin, in its exuberance, advanced by 7.93% during this wild ride. Not to be outdone, several major tokens decided to join the party: ethereum ( ETH) leaped more than 13%, XRP jumped over 14%, and SOL increased by 12%. Even Dogecoin (DOGE) decided to get in on the action, rising 13.5% in the wake of Trump’s tariff decision. By 5:50 p.m., BTC was happily treading around the $82,860 range, as if it were on a leisurely stroll through the park.
Word on the street is that a wallet, possibly linked to World Liberty Financial (because who doesn’t love a good conspiracy?), sold 5,471 ETH for a whopping $8.01 million at $1,465. Thanks, Arkham Intelligence, for the juicy gossip! 🕵️♀️
Picture this: There sat Jan Hatzius and his merry band of economists at Goldman, probably wearing their finest doom-and-gloom suits, solemnly announcing a 65% chance of economic apocalypse. But faster than you can say “covfefe,” Trump jumped onto Truth Social (yes, that’s still a thing 🙄) and essentially said “Just kidding about those tariffs! Well, except for China – they’re still in the naughty corner.”