Standard Chartered Malaysia, with its cold, calculating precision, shall create, test, and unleash this stablecoin upon the world. And Capital A? They shall dabble in the “real world wholesale use cases,” whatever that may mean in this theater of the absurd. 🤡
Such a step, taken by a major tech platform towards crypto-linked payouts, coincides with the increasing popularity of stablecoins, which have become the talk of the town. One might imagine the Regency gentry debating their merits over tea and scones.
Now, this isn’t just your average “let’s talk shop” moment. Oh no. Hoskinson and the XRP crowd have had a complicated history. Last year, it was a full-on drama with accusations flying everywhere: Charles said the XRP community was twisting his words, and in return, the XRP faithful were not shy about calling him out either. And let’s not forget the whole “Ethereum bribing the SEC to go after Ripple” saga. It was like watching a reality show-minus the popcorn. 🍿
KBS reported that police asked Binance to freeze 470 million Korean won (about $370k) in Solana tokens, but the exchange only blocked a measly $55k-like trying to catch a sneaky squirrel with a net made of spaghetti. 🐿️
According to NoLimit (who, let’s be honest, sounds like someone who’s had one too many Red Bulls), Binance is buying like it’s Black Friday, while Coinbase is dumping BTC faster than a tourist dumps their luggage at a lost-and-found. 🧳 This, of course, has sent the crypto trio into a tailspin, because apparently, Bitcoin is the cool kid everyone wants to copy. 🕶️
Guess who’s crashing the Solana party? 🎉 XRP, darling!
XRP $2.03
24h volatility: 1.3% | Market cap: $122.44 B | Vol. 24h: $2.98 B
This technical analysis is brought to you by CoinDesk’s Omkar Godbole, a man who spends his days staring at charts. Bless his heart.
XRP simmers in a stew of consolidation, its technicals whispering bullish secrets. The RSI, now at 54, resembles a hangover after a bender-recoiling but not defeated. Institutional flows? They swell like a symphony of greed. 🎵 Market participants watch, sipping lukewarm tea. 🫖
Glassnode, a firm dedicated to peering into the digital entrails of blockchains (one can only imagine the expense of the crystal ball), has noticed this curious phenomenon. The ‘Total Transaction Fees’ indicator, a metric of impressive verbosity, appears to be languishing. It measures, rather predictably, the fees attached to each transaction. One suspects the numbers are perfectly accurate, though the significance remains, shall we say, open to interpretation.
