After a thrilling breakout from a descending triangle pattern, Bitcoin has been consolidating around the $118,000-$120,000 range, like a cunning feline toying with its prey. The recent shift in momentum toward bullishness has been driven by high volume and a sustained upward trend in higher lows, leaving us all breathless with anticipation.
July has been a rollercoaster, and not just for those of us who are still trying to figure out how to use a blockchain. Bitcoin has been on a tear, hitting new all-time highs and even flirting with the $23,000 mark. But just when you thought BTC was the star of the show, Ethereum swooped in like a superhero in a cape, or more accurately, like a tech-savvy millennial with a side hustle. 🦸♂️💻
In a post on X (or Twitter, but let’s not get bogged down in naming conventions), Hoskinson hailed the listing as a glorious development, much like discovering there’s ice cream in the fridge after a long day. He’s positively buzzing about the glorious availability of Cardano to Blockchain.com’s 37 million users, who can now bask in the glory of this asset from the comfort of their digital wallets. 🎊
This delightful little pilot program allows a select bunch of digital asset sorcerers—sorry, firms, which include your friendly neighborhood exchanges, brokers, and dealers—to welcome travelers with open arms, convert their crypto via thoroughly regulated channels, and let them spend their newfound riches through licensed e-money providers. Now, while no one will point-and-squeal at a cash register saying “Hey, I’d like to use my crypto, please!” the plan is to create a system so seamless that it’ll be like slipping through the fabric of reality (or just a quick scan of a QR code). 🪙📲
What is Trump’s executive order about 401(k) and crypto?
President Trump is reportedly planning to sign an executive order directing regulators to explore allowing 401(k) plans to include cryptocurrencies, metals, and private investments.
Will I be able to invest in Bitcoin through my 401(k)?
If the executive order goes through and regulators approve, 401(k) providers could begin offering crypto allocations, such as Bitcoin or Ethereum.
When will Trump sign the crypto retirement executive order?
According to reports, the executive order could be signed as early as this week, though nothing is officially confirmed by the White House.
Why is Trump pushing crypto in retirement accounts?
Trump aims to provide more investment freedom and boost financial inclusion for everyday Americans by allowing access to high-growth assets like crypto.
What are the risks of adding crypto to 401(k) plans?
Crypto is highly volatile. Retirement investors may face significant risk unless allocations are limited and managed through diversified plans.
Ethereum [ETH] continues its strong rally, with its market capitalization nearing the $500 billion mark.
The news has sent the ONDO token price soaring by 12.6%, reflecting strong investor confidence in the expanding potential of the tokenized real-world asset (RWA) sector.
As a result, the market capitalization has grown to a respectable $30.78 billion. But what’s behind this sudden growth, you ask? Well, it’s a mix of ETF optimism, Grayscale’s increased ADA allocation, and a broader altcoin rotation that’s putting high-beta assets back in focus. In other words, it’s a perfect storm of crypto madness 🌪️.
Cardano’s been doing its thing, quietly increasing in value while everyone’s distracted by Bitcoin and Ethereum. It’s like the introverted cousin at the family reunion – it’s there, it’s doing well, but nobody’s really paying attention.
On‑chain records show the total federal Bitcoin holding has scarcely moved this year. The initial 198,012 BTC figure came from criminal and civil forfeitures. When seizures become forfeitures, the assets shift into USMS custody.
