It plans to allow exemptions to holding limits for firms and permit stablecoins as settlement assets in its Digital Securities Sandbox. Because why not let crypto play in the sandbox? 🏗️
Bitcoin briefly slipped below $122,000 after hitting an intraday peak near $126,000 earlier, and the total crypto market cap eased to about $4.13 trillion. Most large coins fell; Ethereum, XRP and Solana dropped between 5% and 6%, while BNB was among the few gainers. Yeah, numbers, am I right? 🙄
Enter Darkfost, the crypto Sherlock Holmes 🕵️♂️, here to debunk the latest FUD fest. Apparently, social media was abuzz with claims that 32,000 BTC (aka $4 billion 💸) moved onchain from wallets that hadn’t seen action since the last time I wore low-rise jeans. 😬 But hold your horses, folks! Darkfost says it’s all a big ol’ misunderstanding of Bitcoin’s UTXO mechanism. 🧮 Basically, someone moved 3,000 BTC, not 32,000. Oopsie! 😳
It seemeth not improbable that BNB may essay a return toward the neighbourhood of $1,350-$1,400, should the ardour of purchasers continue to sweep the floor; yet a modest pullback in the short term is, like a prudent intermission, quite within the realm of possibility. 🤔💫
Kelly Armstrong, the Governor of the Bank of North Dakota, had this to say: “As one of the first states to issue our own stablecoin backed by real money, North Dakota is taking a cutting-edge approach to creating a secure and efficient financial ecosystem for our citizens.” Yeah, sure, cutting-edge… but let’s not forget the good ol’ days of cattle trading. One step at a time, Kelly, one step at a time.
Gone are the days of crypto onboarding feeling like a root canal. Now you can fund your account faster than you can say “blockchain.” 🤑 And their tweet? Chef’s kiss. *“No fees, no hassle.”* Yeah, we see you, PistachioFi, trying to be the cool kid in the crypto playground. 🤓
In this grand ballet of blockchain, the CoinDesk 20 pirouettes to a modest 4230.81, a rise of 0.4% (+15.88) since the hour of 4 p.m. ET on Tuesday. A triumph, you say? Nay, merely a flicker in the vast cosmos of cryptocurrency. 🌌
With liquidity drying up faster than a British summer, the next few days could either be a snooze-fest of consolidation or the prelude to a fireworks display that’ll make the Fourth of July look like a damp squib. 🎆
Old $DOGE is at it again, bouncing off the $0.24 support like a rubber chicken at a county fair. After breaking out of a descending trendline (fancy talk for “it went up a smidge”), folks thought it’d soar to the moon. But alas, Bitcoin’s still in the “what’s next?” phase, so $DOGE only made it to $0.27 before tumbling back down. Now, it’s trying to bounce again-because, you know, gravity’s just a suggestion. 🚀
The price has faced downward pressure once again, even as volume roars-up more than 60% in the past 24 hours. This tumble-aheads-with-boosted-belly is a sign of a redistribution, a reshuffling of chairs as selling pressure tightens its grip while more folks clamber aboard. It often happens when the quick folks or early holders drop their coats and head for the shore, leaving a stir around the key support rails. 🚣♂️💨
