Cryptonews

Once sparking with hope, the Solana ETF dream was suddenly dashed-postponed till October 16, 2025. Turns out, the SEC played the Grinch, snatching away the holiday cheer after Ethereum got its Christmas gift. The traders? Oh, they’re about as happy as a cat at a dog show. The market had whispered a 95% ‘yes,’ and then-bam!-crash. SOL dropped 4.4%, while ETH thought, “Well, I’m still the boss,” soaring to 13.87% dominance from 10.17%. The Altcoin Season Index? Dropped to a sad, lonely 45. 😂

While this might seem like pocket change, we all know that even a tiny fee can shake up the world like a rat in a pigeon coop.

Vietnamese police have finally put an end to the massive PaynetCoin crypto fraud, arresting the masterminds behind this billions-of-dollars Ponzi scheme 🤯. The Phu Tho Provincial Police have dismantled this huge cryptocurrency scam, which had been operating in Vietnam and abroad, luring thousands of investors into its trap 🚨.

SpaceX once again crossed the billion-dollar mark in Bitcoin [BTC] holdings after the cryptocurrency’s price hit a fresh all-time high on 13 August. Because nothing says “I’m a visionary” like holding a bunch of digital coins that might as well be a meme. 🎉

The new law, they say, takes a great leap towards stopping stablecoin issuers from paying interest to holders. But here’s the kicker: it completely misses the point, ignoring other players like exchanges, brokers, or dealers. These crafty fellows can still offer similar incentives, which, in the bankers’ highly knowledgeable opinion, could lure deposits from the good old, reliable, traditional banking system into the wild, unregulated world of stablecoins. And that, my dear friends, could shrink the pool of capital they use to grant loans. A real nightmare! 📉💸

Alas, XRP sought to ascend beyond the $3.30 threshold, yet like Icarus, it faltered at $3.35, its wings scorched by the sun of resistance. A high was forged at $3.35, and the price, in its folly, embarked on a downward spiral, a tragic dance of correction.

On a day most ordinary, Bessent declared to the world via Fox Business that the Treasury, in its wisdom, would refrain from acquiring Bitcoin for the reserve. Little did he suspect this utterance would draw the ire of enthusiasts and cynics alike, who, like Tartuffe at the altar, demanded a contradiction.

Once upon a time, Bitcoin soared near $124,000 before the bears did the boogie-now it wobbles below $122,000. They dipped below $121,200 and that 100-hourly chart lover trend line, down to a testing round at the $117,250 zone. Are you shocked? I thought not…

Apparently, these guys need to “evaluate” the Bitwise and 21Shares Core Solana ETFs. You think evaluating involves, like, staring intently at a blockchain? Maybe consulting a magic eight ball? The Cboe BZX Exchange is involved, which sounds suspiciously like a sneeze.

This peculiar crossover, highlighted by the deft analyst James Van Straten in a tweeteth as engaging as a sonnet, demonstrates how the Bitcoin Realized Price-a magical financial divining rod that keeps curious tabs on the cost basis of the average Bitcoinian abode-has soared aloft like a proud sparrow.