Cryptonews

After a rather exuberant little sprint in July – going from a sensible $2.30 all the way up to a slightly dizzying $3.60 – XRP has decided a ‘correction’ is in order. A correction! As if needing a lie-down with a cool compress. As of right now, it’s hovering around $2.93. Still not terrible, really, and well above the “important support zones” (whatever those are). But yes, it’s sadly below that psychologically important $3 mark. We all have our prices, don’t we?

This guide takes you through the labyrinth of options: the titans, the wizards, and the overhyped hype machines. Think of it as a Sherlock Holmes mystery, but with less cocaine and more blockchain. From compliance temples to scalability fortresses, we’ve got the scoop—and a few snarky remarks, because who doesn’t need a laugh amidst all this digital chaos? 😏

The Bitcoin network’s current vibe? It’s like watching a reality show where the contestants are all dehydrated. Energy consumption has doubled since 2024, but miners are earning less than a barista at a cat café. The GoMining report reads like a horror story for the crypto crowd: “Hey, guess what? You’re using enough power to light up Liechtenstein, but your transaction fees are the equivalent of finding a penny in a couch cushion.”

PeckShield looked into the digital carnage and calculated that July’s total losses hit $142 million, up from June’s mere $111.6 million. Seventeen hacks, with most of the action clustered in just five incidents. If you run a crypto platform and didn’t get hacked, I suppose that’s your newsletter win for the month. 🏆

Licensed by the Astana Financial Services Authority (AFSA), a name that sounds like a bureaucratic fairy tale, C&E claims to shield you from the labyrinth of regulations. It operates on a SaaS model, which is to say, it’s the Uber of crypto exchanges: you don’t own the car, but you sure ride in it. Up and running in days? Why, yes, even the most inept entrepreneur can now pretend to be a tech genius.

Behold, the list of orators, each a titan in their own right, and what to anticipate from their lofty speeches. 🎤

The stage was set: a long Bitcoin position, a bet on the eternal bull, a dance with the devil himself. But the market, that fickle mistress, had other plans. Tariffs loomed like storm clouds, and the Federal Reserve, ever the silent specter, withheld its mercy. The pullback came, swift and merciless, and AguilaTrades, once a titan, was reduced to ashes. 🌪️💔

Meanwhile, the global crypto market cap has shrunk a tad to $3.85 trillion — which is roughly the combined ego of a dozen influencers — down over 6% in the last 24 hours. Trading volume, however, has surged to about $180 billion, because nothing says confidence like chaos, apparently. Short-term volatility, like a toddler on a sugar rush, was expected following the Fed’s rate decision, but the overall market sentiment? Well, it’s as mixed as a smoothie made from opinions and nonsense.

Apparently, former House Speaker and current California Congresswoman Nancy Pelosi’s stock portfolio didn’t just outperform—it *sprinted* past every major hedge fund in 2024. Not only that, it allegedly doubled the returns of Warren Buffett’s Berkshire Hathaway, leaving the Oracle of Omaha looking like a novice with a piggy bank. Leavitt, with the confidence of someone who’s clearly never tried to time the market, told reporters this with a flourish, as if announcing the winner of a particularly absurd wizarding duel.

As Bitcoin takes another nosedive, Darkfost, a self-proclaimed market expert (take that with a grain of salt 🧂), has noticed something peculiar. Short-term BTC holders are selling like there’s no tomorrow. It’s like they’ve got a fire under their feet, and the only way out is to offload their precious coins—at a loss, no less!