Ether ETFs are not merely trading; they are rewriting the annals of avarice. For the week ending July 25, they devoured another monumental $1.85 billion, their 11th unbroken week of gluttony, second only to some mythic inflow in their brief history. Meanwhile, bitcoin ETFs eked out a paltry $73 million, their gains smothered by initial outflows, a reminder that even digital gold can taste defeat. 😂
Now serving $250M of “real-world” assets on Avalanche, because blockchain needed more buzzwords. 🌐
Oh, and by the way, they officially announced this earlier today. It’s all over the place. You know, like that one guy who thinks he’s the life of the party. (Source: X)
investor Weike Sun, father of Tron founder Justin Sun, purchased convertible preferred stock using TRX valued at June 15 market prices, with the tokens held in a Hong Kong-based custody wallet monitored by BiT Global Trust. 🌍🔒
Bitcoin [BTC] has been prancing about in a bullish mood since surpassing $123,000, yet it’s grown rather dull lately, with gains as modest as a wallflower at a ball. How tiresome.
Avalanche’s DeFi ecosystem has been on a growth spurt that would make any gym-goer jealous. Total value locked (TVL) has jumped 37%, hitting $1.5 billion, all thanks to the Octane upgrade. Faster transactions, lower fees, and a user interface that doesn’t make you want to pull your hair out? Yes, please! 🙌
His pièce de résistance? The illustrious SPX6900, a memecoin that has soared like a soufflé, ballooning over 10,000% since he waltzed in at a mere penny. Now, trading at a dizzying $2.20, this cheeky little number accounts for a staggering $66 million of his profits. Meanwhile, in a plot twist worthy of a farce, not every selection has been a winner—APU has plummeted by 53%, costing him a rather unfortunate $86,000. Oh, the irony! 🎭
The grown-ups in expensive shoes and even shinier egos—Pantera, Arrington, GSR, you know the usual parade—have dropped their monocles in shock, joining forces with CEA to get a slice of this Binancey pie. And technical wizardry comes courtesy of YZi Labs and 10X Capital. Someone fetch them a wizard’s hat and a large mug of ambition, please!
Yes, you heard right. The cunning folks behind Shiba Inu are now operating on the Base network, with a master plan to reduce the total supply of SHIB—just in case you wanted your meme coin to be as rare as a unicorn in your backyard. This “burn engine” is supposed to munch away at tokens faster than a dog with a steak, cheering on the hopes that fewer coins mean more money (or at least a bit of that elusive market stability). Think of it as a giant, high-tech zen garden where the stones (or tokens) are repeatedly cleared away, leaving only a smooth, shiny surface—if only to remind you that scarcity is the new black.
The ever-elusive price of our dear Bitcoin (BTC) remains astonishingly apathetic, teetering on the precipice of yesterday’s inconclusiveness. One would think it had stumbled upon a cat video instead of the market. 🐱💻