What was once a crescendo of bullish fervor in July has now been drowned in the cacophony of panic. The iShares ETH Trust ETF (ETHA), BlackRock’s pride, bled $375 million, while Fidelity’s FETH and Grayscale’s ETH trembled under the weight of their own hubris, shedding tens of millions like autumn leaves.
Surprisingly, this illustrious round was not a solo act. Big names like Coinbase Ventures, Pantera Capital, Ribbit Capital, and Sequoia China lent their support, as if to say, “Yes, we too believe in robots-just not the kind that might replace us.” While Pi’s grand scheme to deploy $100 million for projects with “real-world utility” sounds innocuous enough, it appears the real utility might be in watching sci-fi unfold before our very eyes.
The mastermind behind Trump’s recent flirtation with Bitcoin spilled on X that this PAC’s goal is to lock Bitcoin in the mainstream psyche-because what’s more inspiring than turning currency into an arm of political power? Think of it as a crypto rally on steroids, with a dash of political ambition and a splash of chaos. 🚀
Bloomberg, ever the gossip, spilled the beans: Figure’s IPO filing is as public as a private diary left open on a café table. 📖☕ The S-1 Form, a mere formality, hints at a debut in the second half of 2025-a date as distant as the dreams of early Bitcoin miners. Shares? Price range? Still undetermined, much like the fate of most crypto ventures. 🤷♂️
This Tokyo titan isn’t just dipping its toes; it’s diving headfirst into the crypto pool, turning heads and raising eyebrows as it stacks Bitcoin like a boss. Meanwhile, the everyday investor? They’re busy chasing donuts or meme stocks, probably missing out on the real magic. 🤷♂️
Everyone’s just hanging around, waiting for that one big, game-changing moment to come along and shake things up. We know, it’s thrilling, right?
While Bitcoin is partying at $123,000 (just a casual stroll, no big deal), meme coins are eyeing their shot at fame and fortune. They’re basically the meme version of that one friend who always says, “Hold my beer, I got this”-except it’s money, and it’s potentially explosive. 💣
Among the accused are some of the most illustrious names in the cryptoverse: OKX, Bybit, Mexc, Kucoin, Bitget, Phemex, Coinex, Bitmart, Poloniex, and Kraken. According to the SEC, these exchanges either openly flaunt their services or remain tantalizingly accessible to Filipinos, all while neglecting to secure the proper permissions. It’s like throwing a party without inviting the bouncer-reckless and bound to end poorly. 🎉🚫
Right now, ENA’s at 58 cents-down 2.9% in a single day. It’s like waking up to find your New Year’s resolution already broken. It shot up 130% last month, but then, boom, it’s back down 5.6% this week. Looks like the recent dip’s got everything to do with token supply and a dash of “let’s be careful with Aave.”
