jpyxx Bitcoin ETFs have raked in a fabulous $100.18 million net inflow, marking four days of gains. And the big winner? Blackrock’s IBIT, which basically said “hold my drink” and snagged a whopping $315.79 million in fresh capital. Grayscale’s BTC product took a baby step with $6.74 million, while Valkyrie’s BRRR added a cheeky $2.96 million. Not bad for a day’s work!
The Republic of Moldova prepares its first comprehensive cryptocurrency law by the end of 2026, aligning with the European Union’s Markets in Crypto-Assets (MiCA) framework, as Finance Minister Andrian Gavrilita publicly confesses. On TVR Moldova, he speaks with the measured tone of a man who knows the fog will not lift by shouting, but perhaps by drafting rules that let people hold and trade digital currencies. “We have the responsibility to regulate them,” he says, “and you cannot prohibit cryptocurrencies-this is our engagement with the European Union.” 😂🤝
Behold the monthly chart! XRP, like a lovesick fool, hath kissed the midline of the Bollinger band, that 20-month moving average (0.00001988 BTC) now a sly fox in the shadows. Should it leap to the top band (0.00003343 BTC), a 55% gain awaits-a feat unseen since summer 2023, when the market’s court jester held court. 🦊
Justin Bons, founder of CyberCapital (a name that sounds like a 19th-century opera), warned that Bitcoin’s (BTC) security model might collapse within a decade. How thrilling! As mining rewards dwindle, he claims, attacks could become as profitable as a well-timed punchline. 🥁
Meanwhile, the crypto markets, that great beast of speculation and despair, have slumped into a fitful slumber. Bitcoin, the golden calf of digital gold, groans under the weight of its own hubris, trading at $95,688-a sum that once bought a loaf of bread in 2010. Ethereum, ever the pretender, clings to $3,312, a price that would surely raise an eyebrow in a tavern. One might say the markets are having a particularly uncharming tea party, with altcoins like Ripple and Solana sipping from cups of regret. The 24-hour trading volume? A paltry $119 billion-a drop in the ocean of human greed. 🐳📉
However, the picture changes when you consider the real value being transferred. With only about 562 million XRP transferred in the last 24 hours, payment volume has drastically decreased. This is a low amount compared to what the network has demonstrated during earlier stages of expansion. The primary anomaly is that divergence. It’s like watching a toddler try to juggle flaming torches-adorable, but also terrifying. 🔥
In a letter to SEC Chair Paul Atkins, three House Democrats-Maxine Waters (D-CA), Sean Casten (D-IL), and Brad Sherman (D-CA)-poked the regulator for enforcement action against Tron founder Justin Sun. Yes, apparently sunshine and subpoenas go hand in hand. 🌞🗂️
House Democrats are raising concerns about the U.S. Securities and Exchange Commission’s (SEC) decision to halt its enforcement actions. 🤯
Imagine, if you will, a high-stakes poker game where everyone’s bluffing. Sellers cling to the $97K ramparts like their lives depend on it (spoiler: they don’t), while buyers sip champagne at the $95K bar, casually soaking up supply. It’s less “Wild West” and more “West End Theatre”-all drama, no resolution. Yet.