Within a mere 24 hours, wallets bearing over a hundred million dollars in USDT have waged a mighty transfer spree across the TRON dominion, as if Cleopatra’s treasure chests were scattered all over the realm. 🏰
In a rare moment of candor, Lee confides that Ethereum’s charm lies not in the sprint, but in the tireless marathon of decentralization and steadfastness. Institutions, those ponderous beasts of gilded towers, favor reliability over the flash of speed. So while lesser blockchains race like frantic hares, Ethereum is the tortoise, perhaps with a better suit and an impeccable ledger.
Speaking at the BNB Day Fireside Chat in Tokyo, Zhao was his usual confident self, saying “DeFi is the future” 🤑. He’s not just talking the talk, either – he’s pointing to the success of decentralized protocols like Hyperliquid and PancakeSwap as proof that the shift is already happening 🔄.
XRP is tiptoeing towards the end of August with a frown, hinting that September might bring more tears than cheers in the crypto saloon. 🍸
Oh, the Americans and their spot Bitcoin ETFs! On their best days, they flutter about with $5-10 billion in trades, occasionally outshining even the most established crypto exchanges. How utterly *institutional* of them! 💼
The pull request, grandiosely titled “CIP-???? | Ouroboros Leios – Greater Transaction Throughput,” sits in the digital purgatory of PR #1078, labeled “Category: Consensus” and stamped with the ominous “State: Triage.” It is a document in limbo, awaiting its permanent number like a soul awaiting judgment. The submission, a tapestry of commits and links, points to a dedicated Leios R&D site and discussion forum-a modern-day agora for the technologically anointed. Intersect, the implementor, stands as a silent guardian, ensuring the sacred trinity of research, engineering, and standards remains intact. A CIP editor, with the air of a weary scribe, noted the document “looks practically ready for merge,” though the usual bureaucratic rituals must still be observed. 📜🔍
As crypto.news reports with all the solemnity of a priest conducting mass, POL was last seen hovering around $0.24 on Friday, Aug. 29, Asian time. With a market cap north of $2.59 billion, it’s up 26% from its August low and 50% from its yearly nadir. Yet, much like a forgotten loaf of bread, it remains 54% below its January peak and a whopping 80% under its all-time high. Poor thing. 😢
Bitcoin must close above $114,000 this week to avoid what some traders call an “ugly” correction. Ugly? Really? What’s next, a “hideous” bear market? 😒
The bank’s cross-asset sages (yes, they have sages now) note that Bitcoin’s volatility has plummeted to historic lows-down from a frenetic 60% earlier this year to a mere 30%. And so, according to their alchemical calculations, Bitcoin ought to rise by roughly 13%, or about $126,000 per coin, to align itself with the private investment pool of gold. In other words, BTC is allegedly undervalued by some $16,000. One wonders if Bitcoin feels insulted or flattered by such attention.
He argues XRP’s control remains akin to a puppet show-only the puppeteers are hidden behind the curtain. Founding tales have gone up in smoke like a bad magic trick, and the network is undermined by partial payment exploits that could even make a bank robber yawn. The infrastructure? Think of it as a Rube Goldberg device made of blockchain – charming but fundamentally unreliable. No wonder skeptics are waving banners of infamy at what some see as a scam wrapped in an enigma, sprinkled with a dash of ‘they might be sneaky.’
