Currency Forecast

Since its debut in 2022, Indonesia’s crypto tax revenues have been the financial equivalent of a soap opera. According to a recent report, the government raked in IDR 24.6 billion in 2022. By 2024, that number ballooned to IDR 62 billion—a jump so dramatic, it could only be described as *crypto-magic*. ✨ But, as fate (and the market) would have it, 2023 saw a nosedive to IDR 22 billion. Fast forward to 2025, and the year-to-date revenue is a mere IDR 11.5 billion. Someone call the financial therapist! 💸

This wasn’t just luck or fairy dust. No, no—two main things *actually* drove this rocket: Telegram’s growth spurt and the hype for staking. Together, they sucked folks in, shrank the supply, and made everyone trust the process. Trust—imagine that in crypto! 🧐

Enter JayDee, the so-called prophet of the digital age, with his charts and fancy words. He says XRP’s on the brink of a biblical crescendo, ready to explode in a glorious surge, only to crash down like a drunken lumberjack. Imagine that: a rise so high it’s almost poetic, then a nosedive that’d make even the bravest traders grab their coffee and run.

The real drama? Transaction revenue tanked 39% to $764 million. It’s like trying to sell ice to a polar bear, but with way more sighs and fewer penguins. Meanwhile, Coinbase’s “innovations” included a $307 million data breach bill. Because who doesn’t want to pay for their own cybercrime?

In a new thread, crypto trader Ali Martinez, that paragon of wisdom, addresses his 145,400 followers on the social media platform X, warning that Bitcoin may yet fall further, its value diminishing by more than 7%, as it mirrors the tumult of the broader financial world. 🧠

After a sharp expansion that was more dramatic than a soap opera cliffhanger, Ripple (XRP) has now rejected from its recent highs and is heading toward a critical support zone. The next major technical level is at $2.80, a region that’s practically throwing a party with the 0.618 Fibonacci retracement, the value area high of a previous volume range, and high-timeframe structural support. This confluence is like a cosmic alignment for a potential reversal and higher low formation.

The Puppet Master Behind Liquidity’s Curtain

According to Gate, it will initially offer crypto trading pairs for US customers, with upcoming services for fiat on- and off-ramps and support for custodial wallets. One can only imagine the thrill of converting dollars into digital dust. 🧙♂️💸

What does this mean, you ask? Why, nothing less than modernizing U.S. financial regulations to bring crypto innovation onshore by establishing clear, supportive rules for digital assets. And lo and behold, the market reacted with all the subtlety of a drunk poet at a wedding: $BTC surged over 28% to $90 billion since the news broke. Truly, the coins danced in their digital wallets like peas in a pod. 🕺💃

According to the ever-reliable CEO Brian Armstrong—who, unlike most CEOs, has mastered the art of casually flaunting billion-dollar acquisitions in a single X (formerly Twitter) post—Coinbase added more than 2,500 BTC in Q2 of 2025. Rumor has it, they’re planning to keep stacking ‘em, because who needs sleep when you’re busy collecting digital gold? Their average purchase price? A modest $740 million—a figure that, at current market prices, makes their paper gains over half a billion dollars. Planning to make it rain, Coinbase? Looks like it. 🌧️💸