Bitcoin’s Gone Rogue

Apparently, this is the first time it’s reached these dizzying heights since May, because who can keep track of time when you’re too busy refreshing your crypto wallet? 🕰️ It’s now up 20% this year, which is just a casual $20K or so. No big deal. And to think, it was languishing below $100K just last month. How quaint.

Binance Torches a Billion Bucks in Quarterly Token Bonfire!

After this fiery spectacle, the circulating supply of BNB now stands at a measly 139.28 million tokens. That’s right, folks – they’re playing the long game here, with the ultimate goal of cutting the total supply in half, from 200 million down to a mere 100 million.

Austen’s Take on Crypto: Lawmakers to Discuss Tax Policy with a Dash of Regency Charm

In a Wednesday notice, the leadership on the House Committee on Ways and Means and Oversight Subcommittee, with all the formality of a letter from a distant relative, announced that a July 16 hearing would focus on “affirmative steps needed to place a tax policy framework on digital assets.” The event, titled “ensuring digital asset policy built for the 21st century,” will come as House representatives, with the enthusiasm of a young lady at her first assembly, are expected to vote on three crypto-related bills.

Crypto Chaos: Prices Soar, Billionaires Sell

Other altcoins that traded in positive territory included Ripple (XRP), up nearly 5% and trading around $2.41. Solana (SOL) is up almost 4%, trading around $157, while Dogecoin (DOGE) is up 5.44% at $0.179. And that’s not all, folks! Cardano (ADA), Chainlink (LINK), Stellar (XLM), Hedera (HBAR), Toncoin (TON), Litecoin (LTC), and Polkadot (DOT) also registered substantial increases. 🤠

NFT Sales Tumble, But People Just Keep Trading – What a Surprise!

But wait—hold onto your seats, there’s more! Despite the plummeting dollar signs, people just can’t seem to stop trading these digital doodads. According to DappRadar (oh, the ever-watchful guardians of the NFT realm), the number of NFT sales in Q2 jumped 78% compared to the prior quarter. Meanwhile, trading volume dropped a hefty 45%. NFTs are now more affordable, but let’s be real—they’re just becoming more *accessible*. Isn’t that charming?