The Treasury’s Call for Genius: A Tale of Digital Assets and Public Opinion 🧐💰

Under the auspices of the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, a law penned in the annals of history by the hand of President Trump himself, the Treasury has issued a call to arms-or rather, a call to pens and keyboards. By October 17, the citizens of this great nation must offer their thoughts, their dreams, and perhaps even their nightmares about the future of digital assets and the methods to safeguard them from the clutches of those who would misuse them. 📜💻

Bitcoin vs. Ethereum: The Tale of Two Cryptocurrencies 🪙⚔️

In his latest discourse upon the digital stage, Mr. Mow observed a rather curious phenomenon-a veritable exodus of Ethereum from staking contracts. Indeed, he notes that the sum of Ethereum poised for withdrawal grows by the day, inching ever closer to the lofty figure of 1,000,000 coins. At present, a staggering 909,788 ETH (worth approximately $3,897,112,990 in fiat currency-pray, do not ask me to count it twice!) awaits liberation. And lo, since his prior missive some four days past, this pile hath swelled by 141,388 ETH. Could such an event portend bullish tidings for Bitcoin? Mr. Mow certainly thinks so. But then again, when does he not sing praises of BTC? 😇

XRP: Seriously? 🙄

So, it closed near $3. A selloff happened. A *late* selloff, naturally. It’s always a late selloff. Makes it more dramatic, I suppose. Billions of dollars changing hands. Billions! And for what? For this? I need a sandwich.