qfx The United States has seen a chaotic ‘Crypto Week’, but the House passed the GENIUS and CLARITY Acts on Thursday, giving markets a boost. Meanwhile, Bitcoin cooled from its Monday all-time high while Ethereum finally lifted off after a year in the doldrums.
Since the 14th of July, ETH has rallied by 16%, trading just above $3.5k at the time of writing. The move was driven by strong spot ETF inflows and increased on-chain activity. It’s as if the digital world has decided to throw a grand party, and Ethereum is the guest of honor, dancing to the beat of its own drum.
Our artistic detective, NARDO (a.k.a. @PepenardoStudio), was swift to unveil a most fascinating correlation: Ani’s gothic-lolita getup—corseted, fishnetted, and replete with dual ponytails—evokes the spirit of none other than the illustrious “Bitcoin Girl” from the infamous 2017 Counterparty trading card CCGBTCONE. “Am I the only one seeing this connection?” he proclaimed on X, nudging Musk like a cheeky muse for good measure. 🎨
Proudly waving the banner of our dear President Donald Trump, the World Liberty Financial has bestowed the green light for the trading of its blessed creation, the WLFI token. Unanimous approval, they say, with over 99% in favor—quite the spectacle! One can almost envision the applause echoing off the walls of their plush offices. 🧐
Эфириум [ETH] вырос на 44% с минимумов в начале июля, на $2,373. Он торговался на уровне $3,426 на момент написания статьи, и увеличение институционального спроса и потока инвестиций в ETF могут продолжить этот рост.
This bold little creature, the cat in a dogs world [MEW], basked in the sun, rallying 22% and breaking free from a gloomy multi-month downtrend! Just picture it, reaching for the stars at a dazzling $0.00406 before deciding, “Nah, let’s keep it casual,” and settling back at $0.0039. 🎉
On July 17, the House of Representatives pulled off a major coup by passing three cryptocurrency bills. Imagine that! A room full of politicians, who probably thought “blockchain” was a new thriller movie, finally realized they should probably sort this whole regulatory thing out. It’s good to know that they’re finally getting with the times—or at least trying! 😅
The audacity of the announcement follows a curious softening of heart by Russia’s central bank towards the realm of digital currencies. Oh, how the tables have turned! The central bank, an institution renowned for its resistance, has given a nod to a law that permits companies to juggle crypto for international affairs, a cunning little ploy to shimmy around the cumbersome Western sanctions draped over them like a worn-out coat in the depths of winter.
Despite the sell pressure, PUMP initially surged to an all-time high of $0.006812 before sliding nearly 20% the next day. Still, the token opened well above expectations—trading 40% higher than its presale price—even with a high percentage of unlocked supply. 🎉
With a market capitalization larger than the ambitions of a splendid dinner party at Claridge’s—over $11.18 billion, mind you—Chainlink continues its matinee performance within the ever-exciting theatre of blockchain infrastructure, clutching a bullish outlook like an old friend.