Thus, their treasure chest burgeons with 14,548 BTC, a hoard sagaciously estimated at $1.57 billion, as proclaimed in their quarterly missive. Such actions are but further steps in their choreographed pursuit of the illustrious “Everything Exchange,” a vision as grandiloquent as it is ambitious.
The decentralized naming protocol, that cheeky fellow, Sui Name Service, has dropped a bombshell by distributing a hefty 7.6 million NS tokens to a staggering 95,000 lucky voters. Yes, you read that right. These tokens-distributed as staked tokens, mind you-are doing more than just giving people warm feelings. They are unlocking enhanced voting power from the moment they land in your account. The early birds are officially in the governance driver’s seat. 🚀
And, oh! This delightful banter is linked to a lovely new product that will let Western Union-yes, the one owned by Grandma-whoops, the global giant send money zippily across the world.
As per the South China Morning Post, the SFC is keeping a hawk-eye on how firms are using crypto as their treasure chests. A DAT, for those who’ve been living under a rock, is when a company buys Bitcoin or other cryptocurrencies to give their stockholders a front-row seat to the price rollercoaster. 🎢
The crypto payment circus just got a new ringmaster. As the world watches in awe, Uphold Inc.-that global digital asset maestro-has resurrected its debit card program (after a brief hiatus in 2023, no less!) and now claims to make crypto transactions as effortless as a Sunday stroll… if that stroll were paved with XRP. 🚀
In the charming accounts of Mr. Eric Balchunas, the Bitwise Solana Staking ETF hath recorded over $72 million in its trading revelries on the second day, a spirited leap from its $57 million debut-truly, the stuff of dramatic novels! Such fervor denotes institutional gallants multiplying, and liquidity deeper than a well in Derbyshire, oft precursors to sustained amorous ascents in price. 😏📈
After weeks of layer-1 blockchains getting slapped around by the market, Sui’s trying to steady itself like a toddler after too much sugar. 🍭 Technical charts are screaming “breakout pattern!” above $2.28, but let’s be real-crypto charts are basically just fancy Rorschach tests. 🖼️ If momentum picks up, Sui might just moon to $3.00, but if not, it’s back to the $2.00 kiddie pool. 🏊♂️
Why, you ask? Because these noble souls are fed up with the snail-like sloth of old banking beasts, especially in lands where banks are as rare as a kind witch. Ripple lets them zap funds across borders in the blink of an eye – 24/7/365, no sweaty queues or dodgy intermediaries! Pair it with RLUSD, and voila: aid dances down like golden tickets, exploring whiz-bang ways to heal disasters and sprinkle financial fairy dust on the unbanked masses. Sarcastic me? It’s all about efficiency, darling, not just beans on toast! 🙄💰
This year, altcoins are already sitting pretty with a market cap of $3.61 trillion, according to the ever-watchful eyes at CoinMarketCap. 🤑 But as October creeps to a close, the real question is: which coins will survive the spooky season and which will get ghosted? 👻
Bitcoin, ever the resilient aristocrat, has stabilized above a key price zone, much like a peacock preening after a hurricane. Traders now watch with bated breath, hoping for signs of momentum-or at least a coherent strategy.
