At block height 913,248 (yes, we’re keeping count), the difficulty rose by 4% from 129.6 trillion, marking its fifth consecutive increase since June. Mempool provided these figures with all the enthusiasm of a tax auditor delivering bad news. And so, dear reader, let us reflect on this tragedy-turned-comedy.
Numeraire [NMR], the cryptographic darling of hedge funds, galloped a ludicrous 138.4% from the dusty dusk of August 26 onward. This, of course, was after the stately pronouncement by J.P. Morgan-think Zeus flicking coins from Olympus-that they’ve secured a $500 million capacity in Numerai. One imagines new interns fainted on the marble floors.
Now, here’s the kicker: Seturion is open to everyone from banks and brokers to traditional and digital trading venues, and even tokenization platforms. It’s like a big, inclusive party where everyone can play, supporting both public and private blockchains. And guess what? You can settle with central bank money or on-chain cash across all asset classes. It’s like having your cake and eating it too, but with more tech and less frosting.
At a high level, RWAs bring a lot to the table, but here are the top three reasons why they matter:
The market, that capricious beast, now writhes in uncertainty, its investors as indecisive as a hero in a Gogol tale. ETH, poor soul, moves with the sluggishness of a government clerk mired in red tape. And lo, the Ethereum ETFs, once flush with capital, now weep bitter tears of outflow-a record-breaking $787.74 million vanished into the ether! 🌪️💰
With 19.9 million BTC in circulation, roughly 72% are now hoarded tighter than a miser’s wallet. Cold storage investors? More like frozen assets. ❄️
From Aug. 31 to Sept. 6, thirteen ventures collectively raked in $709.6 million. And guess what? It wasn’t just about throwing money into random projects. No, no. Investors were laser-focused on infrastructure platforms and AI-powered startups like Kite AI, Aria Protocol, and Everlyn. Apparently, everyone wants their blockchain solutions scalable and their AI smarter than your average toaster. 🤖
Even though the price of BTC has been on a bit of a rollercoaster ride over the past year, miners are still finding it tough to stay profitable and keep the world’s largest blockchain secure. A crypto expert recently chimed in on the state of the Bitcoin mining industry, and let me tell you, it’s not all sunshine and rainbows.
The magic moment arrived on September 4 when the deal closed, making CleanCore the proud creator of the only official Dogecoin treasury – all backed by the Dogecoin Foundation and, naturally, the House of Doge. A match made in crypto heaven. 🌙
Ah, the grand tragedy of capital markets-a restless beast in the throes of metamorphosis. As cruel monetary policies cast their gloomy beams over a world already rent asunder, one cannot help but observe with a kind of grim amusement the rise of blockchain as a thorn in the side of ancient, creaking financial empires.
