qfx Alas! The scene so far is one of tense anticipation, as to date, not a single license has graced the eager hands of hopeful issuers, generating a cocktail of curiosity and concern among market players. Who would have thought that regulatory governance could stir such excitement? 🍸
Bitmain’s new headquarters will be either in Texas or Florida by September 2025. They’re probably choosing based on which state has the best BBQ. 🍖 The company’s churning out chips like a factory full of overworked squirrels. 🐿️
This means that instead of just shuffling cash around, you can now create and redeem shares of crypto ETFs using actual cryptocurrency. The world of finance just got a little less stuffy and a whole lot more digital. Prior to this dazzling innovation, crypto ETFs were stuck with the whole “cash-only” thing – how quaint. 😒
On the rather fateful day of July 29, our heroine, U.S. Senator Cynthia Lummis, unveiled the illustrious 21st Century Mortgage Act, which, if passed, would obligate Fannie Mae and Freddie Mac to embrace cryptocurrency as part of their mortgage evaluations. A remarkable leap, wouldn’t you agree? One can almost hear the gasps from the traditionalists.
Founded in the merry year of 2014, the Monero network artfully cloaks senders, recipients, and amounts in a romantic waltz of cryptography, whilst validating itself like a genteel aristocrat with a CPU-friendly proof-of-work algorithm titled RandomX. Meanwhile, Qubic, conjured by the illustrious Sergey “CFB” Ivancheglo, playfully exploits the very same hardware! Imagine that! It’s a Useful Proof of Work (uPoW), where half the computers multitask as diligent AI assistants, and the other half, unbeknownst to their innocent selves, are mining Monero during their lazy idle moments. ☕💻
This tale is no miserable tale of slow and steady dollar-cost averaging; no, dear reader! Twenty One Capital burst forth into existence merely in April 2024, bursting onto the scene like a naively confident debutante at a grand ball. In mere months, they’ve scaled the heights of Bitcoin corporate holdings with an audacity that is thoroughly commendable, chillingly devoid of debt. Unlike the valiant—if slightly desperate—efforts of Saylor’s Strategy (formerly known as MicroStrategy), who’ve seemingly printed their way into the Bitcoin kingdom, our newfound heroes stride forth with unencumbered grace.
Oh, dear reader, let us delve into the serene yet enigmatic world of Bitcoin, where whispers of calm often precede the thunderous roar of a bull run. The recent price action of Bitcoin (BTC) suggests a phase of quiet accumulation, much like a cat napping before a grand leap. However, history teaches us that such tranquil moments are fleeting, like the peace before a storm.
With this shiny feature, you can set your sights on buying at prices lower than the current market cringe-fest. Because who wants to chase the hamster wheel of market watching all day? Not you. And hey, if the buy doesn’t happen, no worries — you earn a sweet fixed APR as consolation prize. That’s some *kind* of patience, right?
In a spectacular display of political bravado, U.S. Senator Cynthia Lummis (R-WY) trotted out the 21st Century Mortgage Act on July 29, with the intent of dragging federal mortgage policy out of the Stone Age and into a glittering, pixelated world where digital assets are just as respectable as good old-fashioned dollars. It’s about time, isn’t it? This proposed legislation gives a thumbs-up to the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac), compelling them to treat those mysterious digital holdings as legitimate players in this game we fondly call home loans. Perhaps Fannie and Freddie are finally ready to join the 21st century instead of sending their mail via carrier pigeon.
According to Arkham data, as reported by the ever-vigilant blockchain sleuths at Lookonchain, this “Bitcoin OG” has finally decided to cash in after 12 years of doing absolutely nothing. 🕺🎉
