According to Hut 8 CEO Asher Genoot (who sounds like a character from a spy novel), the investment was part of a “private placement” that was “oversubscribed.” Fancy words for “everyone wanted in.” He confirmed the twins used Bitcoin for their investment but kept the amount a secret. Because discretion is their middle name. Or is it? 🤫
Just pulled up the chart. Looks like Gold is in long-term bear trend vs Bitcoin. How does it look to you?
The way they told it, you had choices now: sell your magic internet beans right to your plastic rectangle, or take the longer route like some kinda Pioneer Fund descendant and pull your Euros out proper. Either way, the money moved quicker than a coyote with his tail on fire… provided you wanted Euros. Other currencies? Well, they’d get around to those eventually, same way the railroads eventually got around to all them small towns.
Key Support levels: $0.64, $0.70
Now, US users can fuel their Kraken wallets without sweat-or, let’s be honest, without the chaos of banking bureaucracy. With a few taps, they can toss money into the crypto abyss via PayPal, ACH transfers through Plaid, FedWire, or their trusty debit cards. All this, while lounging in pajamas and pretending to be serious investors. Over 400 cryptocurrencies? Check. Fast transactions? Double check. And of course, the seamless experience ensures that even grandpa could start trading-if he ever figures out how to open his laptop. 😂
Ripple, ever the gallant rebels, insisted XRP was not a security but just a really clever digital currency-because what’s the worst that could happen when you call money “digital”? Spoiler: SEC was not amused and took them to court, probably wondering if they were secretly plotting the overthrow of fiat currency or just having a bad hair day.
Kraken, that stubborn locomotive of the crypto world, has launched a new PayPal integration in the U.S., boldly claiming to slash the time between your wallet and your dreams of digital gold. No more tedious bank credentials, no more login labyrinths-just a few clicks and voilà! Money flows faster than a reformer’s speech, all under the shield of secure transactions.
After what felt like a legal marathon that would make even the most dedicated of runners reconsider their life choices, the protracted standoff between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has finally reached its conclusion. Both parties, perhaps tired of the courtroom coffee and the endless legalese, have filed a joint stipulation to dismiss their appeals in the long-running XRP case. On the fateful day of August 7, 2025, the U.S. Court of Appeals for the Second Circuit received this joint filing, effectively putting an end to the SEC’s appeal (No. 24-2648) and Ripple’s cross-appeal (No. 24-2705). The legal tussle, which began in 2020, has been a defining case in the grand circus of how digital assets are treated under U.S. securities law. 🎪
While the crypto masses tremble under the boot of FUD, Arbitrum pirouettes with grace. Its Total Value Locked (TVL) stands at the precipice of $3 billion, a stone’s throw from its all-time high. Rumi’s on-chain chart, a testament to this defiance, reveals not just stability but a burgeoning confidence within the ecosystem. Who needs applause when you’re marching to your own drum? 🥁💪
Sei (SEI), the plucky layer-1 network, was trading at $0.30 on Thursday, just a hop, skip, and a jump from this month’s low of $0.2635. Why, you ask? Well, buckle up, because here’s why this token might just be plotting a bull run that’ll make a charging rhinoceros look lazy. 🐃💨