This Hoffman, a cofounder of Bankless, suggests that Ethereum’s price might improve if the network were to undergo a shift in culture and leadership. He suggests, through a missive on the platform X, that the critics of Ethereum are missing the true reason for its recent performance. Could it be that these critics are merely shadows dancing on the wall of a deeper problem? 🤔
Lower collateral ratios mean you can’t borrow as much money against your crypto stash. Translation: your margin buying power just got a downgrade, and if you’re overexposed, you might as well start drafting your “I got liquidated” tweet now. 💸
Alas, it remains most uncertain whether the Fed will employ these fabled tools to shower the markets with liquidity. The dignitaries at this fine institution, in their infinite wisdom, keep insisting they’re far too prudent for any hasty antics—especially amid this grandiose tariff tango.
Much like a traveling bard unveiling secret songs, the “tap to earn” Pi Network mining troupe finally ended its gloomy winter. Lo and behold, it’s now dancing near $0.75, with a sudden burst in trading volume reaching $474 million — an absurdly large sum that makes one suspect investors have found a new crush. ❤️
Forsooth, the initial whisper spoke of these enchanted funds embarking on an enigmatic journey to an unknown destination! The address, ‘rP4X2…sKxv3’, evoked curiosity and wonder. But then, lo and behold! The astute seers of the blockchain analytics, Bithomp, revealed that both the sender and receiver were, in fact, players in Ripple’s own grand game.
While other African nations like Mauritius and South Africa are out there throwing crypto parties, Kenya has been playing hard to get. It seems they’ve just been waiting for the right moment, or perhaps for the dust to settle on the Bitcoin craze.
What, you may ask, has sparked this sudden enthusiasm? The answer lies in the fickle nature of the market, where a mere whisper of a potential Solana ETF approval in the U.S. has sent traders into a frenzy. With Paul Atkins now at the helm of the SEC, the betting odds on Polymarket for a SOL ETF approval in 2025 have climbed to a staggering 76%. It seems the bulls have found their horns, shifting the odds from a mere 65% just three months ago. Who knew that a little bureaucratic shuffle could ignite such fervor?
The Persson and Lundin clans, alongside Carlos Slim, have collectively tossed $96.3 million into their corporate piggy banks, according to Bloomberg. Because, you know, why not? 💸
On-chain data, that cryptic oracle of the blockchain, reveals that these deep-pocketed denizens have been busy accumulating select altcoins, perhaps in a bid to outshine the chaos of the real world. Confidence? Or sheer madness? Only time will tell.
One hopes the Senate—whose members undoubtedly sip tea with raised pinkies—will greet this bill with appropriate fanfare before Governor Kelly Ayotte’s pen meets paper. Should it pass, the state treasury might gleefully divert 10% of its funds into Bitcoin, gold, silver, or platinum. Imagine the thrill of spending a tiny portion of $3.6 billion on magical internet money!