Such numbers! Does the heart not quiver at the very thought—a 44% leap in paper wealth since last year’s secondary share soiree, when the poor saps only had a $45 billion price tag? Somewhere, a mathematician is questioning his life choices.
The excitement began when the Fed’s June FOMC minutes were released, revealing that most policymakers are in favor of at least one rate cut in 2025. Some even suggested it could happen as early as the next meeting on July 30. 📅
On July 9th, the data tracker spotted a major crypto transfer involving a massive 85,000 ETH being moved between a DeFi platform and a major cryptocurrency exchange, Binance. The transfer, which happened around the mid-hours of Wednesday when the market was seeing a major uptick in the prices of cryptocurrencies, was worth over $226.3 million, as ETH was trading at $2,662.83 at the time. Notably, the network fee was charged at a mere 0.000533 ETH despite the large volume of the transaction.
The Internet Computer [ICP] price prediction has become a veritable ballet of speculation, as the token pirouettes within a tight range, maintaining a prolonged and somewhat tedious sideways momentum. 🎭
The $PUMP ICO offering will involve a staggering 33% of the maximum supply of 1 trillion tokens. Out of this, 18% shall be allocated to private institutional buyers, while the remaining 15% shall be bestowed upon the public investors. Each $PUMP token shall be sold for a measly $0.004, thus raising a whopping $1.32 billion. 💰
It’s like the coin said, “Hold my beer, I’m about to break my own record!” and surpassed its previous all-time high of $112,000, which was achieved in March. 🏆
As the potential Golden Cross looms on the horizon, analysts are scratching their heads and wondering if this bullish rally can keep its legs. 🤔
How else but with a yawn could one describe XRP’s recent stint of lateral tedium (or “sideways consolidation” for those fond of euphemism)? Yet suddenly, with the petulance of a caffeinated dervish, the token pirouetted up to $2.40, its loftiest perch since the crypto cretaceous period (seven weeks ago, but one must embellish). Trading volume inflated—or, at least, attempted to nudge the needle enough for market optimists to clutch their pearls in anticipation. A bullish tease? Certainly, but not quite the stampede of a thousand exuberant bulls; perhaps merely a mild shuffling of hooves. 🐮💃
According to the rumor-mongers (official press release writers), Crypto.com Pay might infiltrate the booking process sometime next year—provided pilots don’t lose their keys to the blockchain tarmac. Should negotiations complete, Emirates may very well become the first major airline to accept your Ethereum for that window seat you will never get.
On one side of the river, you got the Cardano diehards. They’ll tell you ADA is the Promised Land, brimming with lightning-fast speed, bargain-bin transaction fees, pure-as-the-morning-dew decentralization, and—grab your spectacles—the only peer-reviewed crypto on this green earth. I suspect peer-reviewed means a group of well-dressed professors nodded at each other over tea and called it a day. 🍵
