This meteoric rise has turned IBIT into the belle of BlackRock’s ball, outshining its older, stuffier siblings. And how long did it take? A mere 435 days. Compare that to Vanguard’s S&P 500 ETF (VOO), which took a snail-paced 2,011 days to hit the same mark. Slow and steady wins the race? Not in this circus, my friend! 🎪
This announcement follows Coinbase’s recent efforts to fully support all tokens created on the Base network, which began just two months ago.
Moreover, the move comes as Wall Street’s exposure to blockchain grows and investor demand for transparent digital-asset benchmarks accelerates. As a result, S&P’s entry follows record inflows into tokenized funds and a rebound in crypto-related equities through 2025. *Cue the sound of investors clinking their champagne glasses.* 🥂
“Ah yes,” CleanCore proudly proclaimed, “our illustrious Treasury now boasts a mind-boggling 710 million Doge coins! That’s over $20 million in imaginary gains! And we’ve got enough cash to keep hoarding even more of these fluffy tokens, thanks to our splendid partnership with Bitstamp, that Robinhood of cryptocurrency.” And thus, their saga continues! 🚀
In a sparkling pixelated post on X (formerly Twitter), frantically followed by crypto enthusiasts, our esteemed CryptoQuant community analyst Maartunn scribbled down some thoughts on this fantastical trend. This mystical metric measures the dizzying difference between Bitcoin’s price listed on Coinbase (those fortunate enough to deal in USD pairs) versus its relative on Binance (USDT pair).
“Ah, there’s a whole 50% chance Bitcoin bounds above $140k by the month’s close,” Timothy chirped with his tinny electronic voice, rather mathematically, on a platform more popular with the chatty than the contemplative, called X. “But,” he added with a tad of mischief, “there’s also a 43% chance this digital darling pitter-pats below $136k.”
Meanwhile, the other digital devils aren’t to be outdone. Ethereum, that sly ETH fox, leaped over the $4,700 fence, clawing up to $4,735 intraday before settling into its comfy spot. Up a cheeky 2% in 24 hours and a whopping 12% this week – bravo, you marvelous monster! Ripple (XRP) is sulking with a near 1% drop at $2.97, while Solana (SOL) mopes down over 1% at about $230. Dogecoin (DOGE) wags its tail 1% higher, Cardano (ADA) dribbles up 0.60%, and Chainlink (LINK) bounds nearly 3% to $22.72. Stellar (XLM), Litecoin (LTC), and Toncoin (TON) are red-faced and frowning, but not to worry, Hedera (HBAR) and Polkadot (DOT) are grinning green. What a circus! 🎪🔥
Apparently, crypto analyst Bobby Axe (yes, that’s his name, and no, I’m not making it up) has been staring at Bitcoin’s weekly chart like it’s a Magic 8 Ball. According to him, the stars-or rather, the technical indicators-are aligning for a price explosion to $144,000. Because, you know, why stop at $125K when you can go full bonkers? 🤑
August 2025: the month when Ripple and the SEC finally kissed and made up, ending their five-year legal tango. The settlement, a mere $125 million (pocket change for Wall Street), declared XRP not a security in secondary markets. Institutional confidence, like a timid wallflower, emerged from the shadows, and XRP ETFs began to sprout like mushrooms after a rain. The SEC, ever the arbiter of crypto fates, now reviews spot XRP ETF applications with the enthusiasm of a bureaucrat on a caffeine binge. Wall Street, that wooden-walled relic of Dutch ingenuity, embraced XRP with open arms, its legal clarity a beacon in a sea of regulatory murk. 🧐📜
