qfx Major US cryptocurrency exchange Gemini appears to be on track to release an XRP-themed card, according to its Thursday post on social media. The exchange has placed a billboard in a busy commercial area of Manhattan to promote the new product, which is slated to be released on Aug. 19. As reported by U.Today, Gemini recently teased the “next era” of XRP rewards ahead of the Thursday reveal. 🗽
And yet, despite this brief respite, the fundamentals remain as steadfast as a well-tied cravat. Tron’s expanding footprint across decentralized apps, payments, and stablecoins is as thrilling as a well-acted play. 🎭 Who could resist such allure? Not the retail or institutional crowd, I’m sure. 🍷
The poor souls holding those short positions, bless their hearts, accounted for over $304 million of the carnage. CoinGlass, with its unblinking gaze, provided the damning details. And boy, did they love that number.
And what of the coin itself? Why, it has surged a modest 2.8%! From $0.35 to $0.36-a leap so daring it might qualify as a marathon if marathons were measured in decimal points. Its market cap now stands at a princely $2.88 billion, though one might argue this is less a valuation and more a tribute to the art of rounding up. 🎩💰
• Institutions dumped 470 million XRP like a bad Tinder date 💸 during Aug. 21-22. Volume spiked, but so did existential dread.
• On-chain settlements jumped 500% to 844 million tokens on Aug. 18. Progress! Or maybe just noise? 📈❓
• SEC postponed XRP ETF rulings. Nasdaq’s CoinShares filing? Now October. Surprise, surprise. 🎉 (Not.)
• XRPL security ranking? Last place among 15 blockchains. Hacker’s paradise! 🏴☠️
Behold! The fifth-largest cryptocurrency by market cap, BNB-the lifeblood of Binance’s sprawling ecosystem-has been welcomed into the fold of RAKBANK, a beacon of technological prowess in the Emirates. This monumental event was heralded none other than by Changpeng Zhao himself, the enigmatic founder of Binance, who tweeted thus:
In his Jackson Hole speech, Powell made it crystal clear that the Fed is no longer walking a tightrope of rigid policy. Oh no, folks, they’re now swimming in a pool of flexibility-ready to change course faster than a squirrel on a sugar high. He called the current economic situation “restrictive,” but warned that there are risks to employment that might just nudge the Fed to start easing up. So, no panic button just yet, but it’s safe to say they’re keeping an eye on things. 🧐
The stolen Bitcoin-because why leave evidence?-was swiftly whisked away into a shiny new wallet before being tossed into the digital washing machine known as Wasabi Wallet. For those unfamiliar, this tool specializes in making transactions harder to trace than a missing sock in your laundry. ZachXBT noted that the laundering began just a day later, adding insult to injury for anyone hoping to recover the funds. Good luck tracking that down, folks! 🕵️♀️💸
The securities were handled directly on a digital ledger (blockchain), allowing for automated payment, redemption, and corporate action processes via smart contracts. Additionally, the platform supports immediate settlement (T+0), marking a significant advancement compared to conventional debt market timelines.
These enterprising IT workers from the Democratic People’s Republic of Korea have evidently taken a keen interest in Coinbase’s remote worker policy, presumably believing that access to sensitive systems is the modern equivalent of a golden ticket to Willy Wonka’s factory. 🍫
