Currency Forecast

Here’s the tea: Ethereum spot ETFs didn’t just get a little boost-they got a *massive* one. Like, $1 billion in inflows in a single day massive. That’s not just impressive; it’s the kind of number that makes accountants weep with joy. Year-to-date? Oh, honey, we’re talking $8.2 billion in inflows, which is roughly 1.5% of ETH’s entire market cap. Meanwhile, Bitcoin ETFs are over here like, “Yeah, we got $178 million yesterday…so, uh, yay us?” 🐢

Miles Deutscher, a strategist with more charts than sense, points out that in days gone by, Ethereum trotted along behind Bitcoin like a trusty mule, never straying far from that vaunted 35% market cap ratio. If the universe keeps spinning the same way, ETH might just hitch itself up to $6,000. And if Bitcoin ever hauls itself to $150,000, well, ETH could tip its hat at $8,000 and keep walking like nothing happened. It’s the old gamble-bet on what the herd will do, and pray you’re not the last one left holding the bag of feed.

The announcement comes hot on the heels of Circle’s IPO, where they pocketed a cool $1.2 billion. With such a sum in the bank, they’ve clearly decided to set their sights on the blockchain cosmos, launching Arc on a public testnet this fall. Hold on to your hats, folks-this is going to get techy!

On the illustrious realm of social media, dear Karbon, with a following rivalling a small orchestra, jovially declared to their 86,900 admirers that privacy in crypto is in a fray. “Tornado Cash – oh, it’s gone; Samourai – alas, no more; and Monero, the darling, is caught in a 51% affair,” quipped Karbon. “There’s quite simply nothing left to use if you wish for discretion. Simply splendid, team!”

Bitcoin was partying at $122,312, took a quick slip to $118,440, and now it’s hanging out around $118,631. That’s a 2.43% dip-whoopee. But hey, over the week and month, it’s up a little-3.6% here, 0.63% there-so it’s still doing its thing, or so they say.

The saga of Libra, the memecoin that has become a symbol of both hope and suspicion in Argentina, continues to unfold like a dark, psychological thriller. According to local media, Julian Peh, the man behind the curtain, remains elusive. He is described as the CEO of KIP Protocol, a project that claims to build “mission-critical infrastructure and pipelines for AI developers to deploy.” But where is this elusive Mr. Peh? 🕵️‍♂️

Do Kwon, the South Korean cryptocurrency entrepreneur who co-founded Terraform Labs in Singapore (because why not?), found himself in a New York court on Tuesday, August 12, 2025, where he confessed to two U.S. charges. According to the ever-reliable Reuters, these charges were conspiracy to defraud and wire fraud. Kwon, who is 33 and apparently still believes in the power of digital currencies, was the mastermind behind TerraUSD and Luna-two currencies that collectively lost a staggering $40 billion in 2022. Talk about a financial black hole! 💸

Antoni, in a Fox pow-wow, dropped the bombshell mere days after Trump gave former BLS Commissioner Erika McEntarfer the old heave-ho-apparently, her tenure lasted about as long as a snowball in July. “All things considered,” Antoni mused, “it’s better the BLS keep its lips zipped on those monthly reports, unless they fancy being corrected in public!” Instead, he suggests publishing quarterly data, which, like a vintage port, may be less sprightly but has more substance and fewer surprises. 🍷

For half a decade Ripple dragged the albatross of litigation around its neck, a chain forged link by link from injunctions, subpoenas, and the cheerful billing of a thousand suited hyenas. But Friday arrived with bureaucratic mercy: a “special waiver” that sounds less like a legal document and more like a VIP pass to the crypto disco-no cover charge for accredited investors tonight! 🕺

Oh, Sonic Labs, you sneaky little innovators! They’ve gone ahead and launched their latest testnet, version 2.1, which is like strapping a jet engine to a tortoise. This update brings compatibility with Ethereum’s upcoming Pectra upgrade (yes, they’re cozying up to Ethereum like long-lost cousins). The result? A layer-1 blockchain so cutting-edge it might just slice through your expectations. Developers are practically frothing at the mouth, ready to dive into this playground of possibilities. And let’s not forget-the mainnet launch is looming like a delicious dessert after a long dinner. Yum. 🍰