qfx

Experts from Nansen and DappRadar, with all the seriousness their titles imply, confidently proclaimed the rise was thanks to market confidence being thicker than a dragon’s hide. This newfound confidence appears to have been turbocharged by a couple of shiny new approvals – Ethereum ETF, as they call it – and the so-called GENIUS Act, which, in simpler terms, is the US government giving a big thumbs-up to stablecoins, like a parent finally approving their teenager’s questionable fashion choices.

The digital asset thingamajig, Nexo, is basically throwing money at golfers who can master the art of… not taking too long. It’s called the “Course Record Presented by Nexo” – which sounds like a slightly pretentious award show. It’s a rolling prize, meaning if no one breaks the record, the pot just keeps getting bigger. Like a really slow, stressful lottery. The whole shebang kicks off at the Nexo Championship on August 7th, at Trump International Golf Links in Aberdeen. Because, of course it is.

He calls this the “Net Buyer Volume,” which sounds very official. Basically, it just means more people are hitting the “sell” button with the enthusiasm of someone trying to get rid of fruitcake. A negative number? Oh honey, that’s not good. That’s “everyone’s quietly realizing this might not be a foolproof retirement plan” bad.

Oh, and XRP is flashing a bearish divergence. Not a short-term signal, but it’s definitely a long-term “I told you so” for anyone who ignored the warning signs. 🤷‍♀️

Proclaimed in an August 6th post on X (formerly known as Twitter, for those living under a rock), these vaults permit native Bitcoin to frolic in DeFi applications-lending, stablecoin minting, and perpetual futures-without the indignity of wrapping, bridging, or trusting custodians. 🕊️🚀

Enter the chapter “Ethereum Price Aims Higher.” With a swagger that would make even the mightiest bull blush, Ethereum vaulted from its $3,540 support, leaving behind even the lofty Bitcoin. It swaggered past the $3,550 and $3,580 resistance levels as if declaring, “Catch me if you can!”

According to some fancy document called the SEC’s “we might still be confused” form (ahem, Form 10-Q), Galaxy Digital holds 15.39 million XRP tokens, worth about $34.4 million-because apparently, that’s the going rate for a digital asset that’s been through legal wrangling and existential crises. It’s even one of their big hitters, sitting comfortably among a lineup that includes Bitcoin (because why not?), USDC, ETH, SOL, and a mysterious HYPE (which, frankly, sounds like a dance move). The grand total of their crypto fortune? $3.56 billion-probably enough to buy the moon (or at least a really fancy moon-shaped cookie). 🌙🍪

Gate, that giant in the crypto jungle, has officially joined the Global Dollar Network (GDN) as a Tier 1 partner. Basically, they’re saying, “We’re in it to win it” with stablecoins and making payments not feel like a full-contact sport. Think secure, regulated, and everywhere-like your coffee shop, if your coffee shop took crypto. ☕️💻

BTSE, a global hotshot in digital asset wrangling, has just hitched its wagon to Stable. Now, Stable ain’t your average blockchain-no sir. It’s a layer 1 contraption made so folks can sling stablecoins like USDT back and forth without sweating over the greenbacks in their wallet. BTSE marching straight into this partnership is like Tom Sawyer finding a raft upgrade. Modern payment systems? Yes. Better mud pie? Maybe.

Lee, in his infinite wisdom, insists that Strategy’s strength is no longer in the tired old profits or quarterly reports, but in what’s called a “crypto treasury.” Over 628,000 BTC-worth roughly $71 billion, but who’s really counting-are tucked away like a miser’s hidden gold, betting all on that one volatile, glittering hope called Bitcoin. They even went as far as filing a $4.2 billion offering-because what’s a little risk when you’re chasing immortality? 🎯