While Mr. Back, ever the innovator, took to Twitter to share his latest brainchild, Mr. Todd, with the grace of a seasoned veteran, reminded everyone that he had been championing this idea since 2013. One might say, it’s like discovering that Shakespeare was actually a blogger.
So their calls are often overly cautious, leaving retail traders unable to fully capture the upside of explosive crypto booms, including the one that’s brewing right now. 🧠💸
Back in 2022, the Fed went full helicopter parent and banned employees (and their poor families) from owning crypto. Why? Because some bigwigs got caught with their hands in the stock market cookie jar during the pandemic. 🍪🤦♀️
According to the ever-optimistic Nate Geraci, President of The ETF Store (which, by the way, sounds like a delightful place to buy ETFs and perhaps a nice cup of tea), the U.S. Securities and Exchange Commission (SEC) has decided to take its sweet time with several pending XRP ETF filings. New deadlines are now set for mid-October, which is just around the corner-unless you’re in a time warp, in which case, good luck with that!
In the time it takes to brew a pot of tea-or perhaps something stronger-it has amassed over $10.8 million at a token price of $0.012765. Not bad for a digital toddler, eh? And if you thought this was merely the work of your average Joe Investor, think again. No, no, no. The big fish-the whales-have arrived in style, splashing about $150,000 worth of buys from ten sizable players in just seven days. One imagines them sipping champagne while casually throwing money at their screens like they’re auditioning for a Bond villain role.
The FPS mode is the second act in Wilder World’s audacious play, following the overwhelming success of Wilder Wheels, that 2024 release where players were asked to race into oblivion. But, let us not be fooled; this FPS mode isn’t just about shooting pixels. No, it’s about expanding Wiami, a vast, never-ending metaverse that might be too complex for the average gamer to understand without a PhD in digital ecosystems.
This week, Terpin (who is still not Twerpin, but I’ll check again in five minutes) broke out his online megaphone (Twitter, obviously) to gush about Ethereum ETF inflows, which, in crypto circles, is just code for “money party, bring your own drama.” 😎🍾
Just to spice things up, ARK’s flagship, ARKK, bought 356,346 shares of Bullish, a hefty $21.2 million splash, based on a closing price of $59.51-and they’re clearly still lusting after this stock after their initial $172 million haul across three ETFs on the debut day. Bravo! Now, over a million and a bit Bullish shares on the books, all worth a cozy $73.85 million. 💃
A federal committee, chaired by the US Treasury Secretary (a figure as imposing as a walrus in a top hat), will now scrutinize state regulations to determine if they align with the federal framework. This is less about innovation and more about ensuring Wyoming doesn’t accidentally invent a stablecoin shaped like a triceratops. 🦖
To add a dash of pizzazz to this already thrilling saga, Atkins unveiled something called “Project Crypto.” No, it’s not the title of a sci-fi B-movie from the 1980s (though it certainly sounds like one). It’s an SEC initiative designed to drag securities laws kicking and screaming into the 21st century, all while ushering U.S. markets onto the blockchain train. Whether this is genius or madness remains to be seen, but one thing is certain: the man has flair. Or at least PowerPoint skills.