This economic chart is as old as your great-grandpappy’s favorite pair of suspenders—over 150 years, mind ye! Several dreamers contend it has spotted financial calamities like a hawk eyeing a hapless rabbit since the mid-1920s. Yet, as the wheel of fortune spins madly onward, recent calamities give that claim a bit of a ticklish challenge.
With the grace of a cat on a hot tin roof, the SFC’s guidance aims to expand the product offerings for these platforms, all while ensuring that investors are not left clutching their pearls in horror. The guidance outlines a veritable treasure map of necessary measures for VATPs to prevent errors—because who doesn’t love a good error in the world of finance?—safeguard staked assets, and disclose the associated risks, which are as numerous as the stars in the sky. 🌌
This leveraged wizardry promises to amplify XRP’s antics, hinting at bolder suits tiptoeing into the cryptic carnival we fondly call the fourth-largest cryptocurrency. But hold your applause—an XRP whale has just tossed a colossally mischievous 200 million XRP, well over $355 million, onto Binance’s doorstep, triggering sweaty nightmares of a monstrous selloff. Drama, drama, drama.
Yet, our dear Poppe, with the optimism of a child chasing fireflies, believes that this digital currency is not merely floundering but rather flexing its muscles, preparing for a comeback that would make even the most seasoned boxer proud. He posits that even if the price remains stagnant in the short term, the horizon holds promise, and Bitcoin may very well rise like a phoenix from the ashes over the next year. Or, you know, it could just as easily crash and burn. Who knows? 🤷♂️
But wait! Like Raskolnikov finding his path to redemption, there are whispers in the dark corners of the crypto marketplace. The institutional giants, those modern-day aristocrats at Grayscale, they see something… something that makes them reach for their golden purses! 🎪
Following the festive exultation of Liberation Day, an air of dread wove itself through the market—a dramatic flair reminiscent of a tragicomedy. The resulting crash, a spectacle rivaling the most dramatic of stage plays, left many a market artiste slack-jawed in wonder. With nearly every nation, save our somnolent friend China, casting anxious glances towards the mighty US, the specter of bearish gloom still lingers. One must ask, with a sardonic chuckle, can the bullish darlings keep the soirée alive should Bitcoin pirouette above the enchanted thresholds of $80,000 or the divinely fated $81,100? 🎭
The voting extravaganza took place on the Kroll Issuer Services platform from March 19 to March 28, with over 141,000 creditors representing $195.65 million in claims. That’s a lot of zeros! 💸
Indeed, the modular oracle protocol, known to the world as RedStone (RED), now lends its considerable prowess to HyperLend, the very first lending platform to be constructed upon the Hyperliquid (HYPE) Ethereum Virtual Machine. This splendid integration permits HyperLend to operate its lending platform with a degree of security and accuracy that would make even the most fastidious of traders blush with satisfaction.
In a move that threatens to shock the faint of heart, our friends at Teucrium Investment Advisors have resolved to join the ETF fray with their 2x Long Daily XRP contrivance—known by the elegant nomenclature of XXRP. With the blessings of the New York Stock Exchange at their side, they intend to invite worthy (and perhaps overly bold) investors to double their daily enchantment with Ripple’s beloved token. Whether such an investment is wise or the height of folly shall be left to each person’s own reflection. 👀
On April 7, they decided to drop the guest list and agenda like it’s hot, and let’s just say, the crypto world is holding its breath. Will this be the moment we finally get some regulations, or just a bunch of suits arguing over who gets to wear the fanciest tie? 🤔
