Shiba Inu is replicating Bitcoin’s price movement, with the latter falling from Monday’s record high of $123,000 to trade below $117,000, or about 5% below the top, following one of its largest profit-realization occurrences. 📉
In a recent post on X, Brandt addressed the growing concerns about Bitcoin’s long-term future, offering a grounded take based on decades of trading experience and a solid grasp of macroeconomic trends.
Ripple isn’t just throwing spaghetti at the wall here. Oh no! They’re building RLUSD as the law-abiding citizen of the blockchain world. According to some serious suits at Ledger Insights, Ripple’s all set to strut its stuff in Europe like it owns the place, but legally, of course. 🔍📈
Kevin started by laying out the macroeconomic landscape, which is about as exciting as watching paint dry. But he did drop some interesting tidbits. For instance, he mentioned that “Trueflation” is at 1.71 percent, which is apparently good news. “Anything under two is good. It means inflation isn’t the story,” he said, as if we’re all supposed to be relieved that the cost of living isn’t the main event. 🙃
One cannot help but note that as Binance revels in its octogenarian anniversary—yes, eight years since its genesis in the fabled year of 2017—the memories flow like a fine vodka on a cold winter night.
In a recent X post, Buterin opines on the curious phenomenon of alternative Layer1s eventually turning into Layer2s. He reckons that on-chain builders should “lean into the L1’s offerings” to make the most of what Layer2s can be. It’s like using a sturdy oak tree for your treehouse instead of trying to grow a new one from scratch. 🌳
Picture this: a group of traders, bright-eyed and bushy-tailed, betting long on XRP with dreams of soaring profits, only to witness $159,820 vanish into thin air in a mere sixty minutes! They had dared to hope for a renaissance of XRP, fueled by an optimistic haze from the cryptocurrency market, only to find themselves engulfed in regret as the price nosedives.
According to a press release that crypto.news received, the public mainnet is now live, and it’s not just a sleepy little network. Major DeFi protocols such as Morpho, Curve, Bancor, Euler, ZeroLend, IPOR Fusion, and Market.win have already set up shop, ready to do business. 🏦
Just when you thought it was safe to go back into the darknet, the cops nabbed the folks behind Archetyp Market on June 16. This latest disappearance from Abacus is just another chapter in the wild, wild West of the darknet. Users were already having trouble getting their hands on their hard-earned bitcoins, and the market’s admin tried to calm the waters, but it was like trying to stop a leaky boat with a Band-Aid. 🛥️🌊
McClurg, who’s no stranger to the crypto scene, has been keeping a close eye on the U.S. Securities and Exchange Commission (SEC). It turns out, the SEC is working on some guidelines that will determine which cryptocurrencies can join the ETF party. Bitcoin and Ethereum have already snagged their VIP passes, but XRP is looking more and more like the next in line to get its golden ticket. 🎟️