The Central Bank of Brazil has decided it’d rather ship something on time than end up in CIO magazine’s “Biggest Tech Face-Plants of the Decade.” Enter drex-the CBDC formerly known as “totally decentralized, pinky swear.” Forget tokenization; we’re going straight-up Server & Chill for Phase 1 launching next year (a.k.a. the distant land of 2026). 🕰️
XRP futures trading has gone absolutely bananas, vaulting past $12 billion in volume over 24 hours. Yes, you read that right-bananas. 🍌 This figure has left Solana’s $9.6 billion volume looking like chump change. Open interest, too, decided to join the party, climbing by 15% to reach $5.9 billion. It seems traders are treating this like a Black Friday sale for cryptocurrencies.
Last Friday, the security firm CertiK revealed that the CrediX team had disappeared without a trace following a recent exploit. The platform’s website went dark after the August 4 incident, and their official X account was promptly deleted, as if it were never there. 🕵️♂️❌
XRP falls 5% in the 24-hour period ending August 9, dropping from $3.34 to $3.20 before recovering to $3.30. The move spans a $0.17 range, marking 5.24% volatility. 🧐📉
Selling pressure peaks between 14:00-15:00, when price collapses from $3.36 to $3.20 on 209.67 million volume – the largest single-hour print of the session. 📊🚨
Buyers defend the $3.20 zone, triggering a rebound to $3.33 by 19:00. Resistance forms at $3.31-$3.33, with support locked at $3.20. 🏰💪
Citizen Armstrong, ex-grad-student-turned-exchange-czar, mounted the digital soap-box of X on August 7th and thundered allegory: We stand where Blockbuster once lounged on rented carpet-soon to be lapped by the Netflix of immutable ledgers. The statement did not mention late fees, but the ghost of due-date anxiety hovered.
Amina Bank, that paragon of financial prudence nestled in Zug, Switzerland, has unveiled its latest Crypto Market Monitor report, which reads like a thrilling novel of corporate finance. This esteemed institution, regulated by the Swiss Financial Market Supervisory Authority (FINMA), has taken the bold step of becoming the first bank to endorse the stablecoin Ripple USD (RLUSD) as of June 2025. One can only imagine the champagne corks popping in celebration!
From the bureaucratic labyrinths of the U.S. Securities and Exchange Commission-a place Dostoevsky would surely despise-comes a tale: Griffin’s noble band of financiers at Citadel swept up 3,824,329 shares in the house of NioCorp Developments Ltd (NB), purveyors of rare minerals destined to make the earth slightly less ordinary: niobium, scandium, titanium. Of course, none of these will help with the soul’s suffering (Leo’s hot take), but they might keep your smartphone from dying.
According to the latest scribbles from Animoca Brands (because what’s more thrilling than blockchain talk at a dinner party?), the company has coalesced with Standard Chartered’s Hong Kong branch and the telecom behemoth HKT to form a shiny new outfit called Anchorpoint Financial. Fancy! They’re all about piecing together a scheme for issuing and pushing stablecoins, like digital cash that’s as steady as a Luxembourgian bank account. 📈
So, the big question: Can PENDLE hit $6? 🤔 Let’s put on our Tina Fey glasses and squint at the details, shall we?
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