Atkins had a lot to say about digital assets, which, let’s be honest, is shorthand for “stuff that might make us rich or bankrupt faster than you can say NFT.” His tone was less “fear and loathing” and more “let’s maybe chill for a second.”
Four of these grumpy states—California, New Jersey, Maryland, and Wisconsin—have firmly wagged their fingers and shouted “No more staking for you!” by slapping Coinbase with cease-and-desist orders for new users. Washington just prefers to sulk quietly in the corner, suing away but letting staking happen like a spiteful ghost at a tea party.
The air is thick with optimism, mind you. Between bullish squiggles on those confounded charts, product launches that would make even Bertie’s Aunt Agatha crack a smile, and adoption numbers stretching like the waistbands after a Drones Club feast, traders are glued to XRP’s every twitch. And then there’s that Elliott Wave pattern, which sounds rather like a dance at the Drones Club but actually means the clever folks see a well-choreographed surge awaiting our plucky token.
Here’s the deal: the Fed’s recent announcement has officially yanked out those strict supervisory letters from 2022 and 2023, which had banks jumping through hoops to deal with crypto-assets. Imagine having to ask for permission every time you wanted to play with your toys — well, that’s what the old rules felt like! 😒 Banks had to send a fancy RSVP (aka get approval) from the Fed before engaging in any crypto shenanigans. But now? Pfft! Those rules are being tossed out the window. Bye-bye red tape! 🚀
From May 2024 to April 2025, the drop in value from OTC valuations to current market prices has been nothing short of tragic. On average, the fall is about 50%. Yes, you read that right – half of your investment, *gone* faster than a magician’s rabbit. 🐇💨
Jennifer Lee, Stripe’s very own Crypto Product Overlord, dropped the bombshell announcement on Friday. She’s asking companies outside the US (because, you know, the US companies are already pretty good at this whole money thing) to get in touch if they’re, and I quote, “interested in dollar access.” You know, just in case you haven’t figured out how to access a dollar on your own. 😊
But we live in a world where the US and China’s financial tiffs swirl like ominous storm clouds, threatening to turn brave bulls into cautious lambs. One false geopolitical tremor and our gallant SUI might suddenly start a dramatic waltz with tragedy.
Basically, they sell bonds like it’s Black Friday, driving yields up so borrowing becomes as pricey as a NYC apartment. The government? They hate it, obviously.
For the past four days, XRP has been banging its head against the daily simple moving average (SMA) 50 at $2.18 like it’s a locked door at a trendy nightclub. It’s been flirting with a breakout, but no one’s letting it past the velvet rope just yet.
