Oh, and they also threw in Sapien (SAPIEN), because why not? The market’s been so thrilled, it’s like crypto’s version of a toddler seeing their first ice cream truck-sudden, chaotic, and followed by a sugar crash. 🍦💥
The data, of course, speaks. Numbers bloom, promising awareness, promising “mindshare,” as if such a thing can be truly measured. Yet, even in the chill of statistics, a tremor of unease remains. Are these genuine voices, or merely echoes manufactured by the algorithm? The question hangs, a stale scent in a room filled with manufactured enthusiasm. 🤨
The herald Tyler Winklevoss proclaimed his grand design: to embolden the great Lord Trump in his quest to crown this humble land the sovereign Crypto Ctysar, that which shall reign supreme. From the heralded Awakening, much progress has been scripted, he crooned, yet he vows the sisters’ diligence will not dwindle, for the siren call of legislation unfurling in their favor grows ever louder.
In a move so bold it makes a peacock envious, Tether has appointed Robert “Bo” Hines as its new Strategic Advisor for Digital Assets and U.S. strategy. Imagine a Kremlin of crypto, but with more spreadsheets and less KGB. Effective immediately, Hines will navigate the post-GENIUS Act landscape like a samurai with a Bloomberg terminal. 🗡️📊
As the digital asset markets matured, the Commodity Futures Trading Commission’s (CFTC) gaze widened, stretching from traditional commodity markets to the glittering, sometimes treacherous, world of cryptocurrencies. Most folks in the crypto zoo know about the rules for Commodity Pool Operators (CPOs), but fewer have heard the tale of the Commodity Trading Advisors (CTAs) and the Commodity Exchange Act (CEA)-a set of rules that might just ensnare the unsuspecting Key Opinion Leaders (KOLs).
Such a move would be as unexpected as a panda winning a gold medal in pole vaulting. It would mark a significant departure from the 2021 crackdown on crypto, showing just how quickly the winds of policy can change. Let us not forget the big plan will also come with shiny new targets, risk rules, and of course, a clear map of which regulators must step into the arena.
The ruling? Nasdaq Listing Rule 5550(a)(2) – a mouthful, even for a lawyer. Essentially, their shares dipped below the sacred $1.00. One dollar! The minimum! It’s enough to make one question the very fabric of modern finance. On Thursday, the trading of WINT will be suspended. A dramatic pause before… well, who knows what. A sad trombone, most likely. 🎺
It followed Bitcoin’s lead and decided to sulk below $4,250. Honestly, the herd mentality is… predictable. There was bearish momentum, some trading below $4,150, the usual.
In a cruel twist of fate, XRP remains ensnared in a bearish abyss after a disheartening close below the $3.050 level, joining the ranks of its melancholic brethren, Bitcoin and Ethereum. The price, in its relentless pursuit of misery, has extended its losses, now languishing beneath the $3.00 support zone.
The Wormhole Foundation, in a post upon Stargate’s forum, did declare that the community deserved “a more competitive process.” Forsooth, LayerZero’s initial bid, though grand, failed to stir the hearts of the masses. Yet, when LayerZero updated its offer, the crowd did cheer, as if hearing the call of a siren. 🎉
