Lo and behold, a Form 8-K, the kind of document that makes accountants weak in the knees, graced the desks of the U.S. Securities and Exchange Commission on July 14. It revealed that our strategy maestro acquired 4,225 Bitcoin (BTC) between July 7 and July 13, all for the princely sum of $472.5 million—meaning they paid a heart-stopping average of $111,827 per coin. How’s that for a party trick? 🥳
Now, don’t get too excited just yet. The official documents won’t see the light of day until the U.S. Securities and Exchange Commission (SEC) finishes their little inspection. You know how these things go—more delays than a snail on a treadmill. 🐌
According to the trusty Shibariumscan, the total number of blocks has skyrocketed to a whopping 12,009,576! 🚀 That’s a jolly impressive figure, if we do say so ourselves. And what’s behind this remarkable growth, you ask? Why, it’s those speedy blocks, of course! Shibarium’s average block production time is a mere five seconds, making it the cat’s pajamas among L2 protocols! 🐈
Bitcoin’s new highs above $122,000 translate to 29% year-to-date gains, overtaking gold’s 27%.
In a chat with Dierdre Bosa—who I can only assume has the most poignant coffee break stories—Lee predicts that those sharp-eyed technical analysts over at Fundstrat are casting their spell to target around $5,000 for Ethereum in the coming months. Did you say a five-figure price? Well, aren’t we feeling ambitious today! 😂
And just when you thought things couldn’t get any wilder, both tokens practically soared past resistance levels like they were auditioning for a role in space camp. Who needs XRP’s charm when Stellar and HBAR are out here straight-up showing off? 📈✨
Enter Marc Fagel, a former SEC lawyer with a penchant for clarity and a knack for deflating rumors 🎈. In a recent post on X, Fagel addressed the long-standing speculation about who’s holding up the case, firmly stating, “No one is holding up the case” 🙅♂️.
In a candid interview with The Times, Bailey’s words cut like a sharp wind against the warm breeze of support for crypto initiatives from the Trump administration, which has been busy painting a rosy picture of a friendlier regulatory climate. 🌸
As our resilient XRP gallops forward, the whispers of a new ProShares XRP ETF by July 18 loom ever so tantalizingly in the air.
This time, Pippen says, Satoshi was sporting an afro and dressed like the Jackson 5, singing a tune that went something like, “BTC, easy as 1-2-3.” Now, I don’t know about you, but if I had a dream like that, I’d be checking my wallet for a few extra satoshis. Pippen, being the wise old sage he is, took this as a sign that Bitcoin might just take a little breather before soaring to new heights. “Even legends take water breaks before hitting that next level,” he mused. 🏀💰
