The UK tax folks, known in the fancy halls as His Majesty’s Revenue and Customs (a name that rolls off the tongue about as smooth as a sack of marbles), reckon it’s high time they quit letting “tax-dodging crypto bros” sneak under the barn door. Money Week, which keeps one eye on your wallet and the other on government fingers, relayed the scoop.
The cryptocurrency appreciated 3% against the U.S. dollar on July 9, registering a new record on Bitstamp at $112,040. Bitcoin’s market capitalization now rests at $2.221 trillion, accompanied by $28.18 billion in volume exchanged throughout the day. This upward movement nudged the entire digital asset market 3.02% higher, lifting total valuation to $3.47 trillion. 🎉
This mysterious outfit, boasting the blessing of none other than President Trump and his illustrious sons (what a genealogical cocktail!), has opened the floodgates on a most fateful proposal: should their grand governance token—called WLFI, which might as well stand for “Why Laugh, Finance Iscray”?—become tradable in the open marketplace? Only the boldest magicians would dare such a thing, and yet, over 99% of users peaked over their glasses and nodded. All this is set to culminate on July 16, that sacred day when traders and dreamers alike may discover if their tokens are tickets to fortune or yet another lesson in the dark arts. 🗳️
But here’s the thing: BNB’s managed to hold its ground, which is kind of impressive. Analysts are all over this like flies on a… well, you get the idea. They’re watching every little move, trying to figure out if BNB’s going to make a big move or just stay put. 🕵️♂️
According to the fine folks at DeFiLlama (those experts who know all), the TVL of Sei surged from around $60 million in January 2024 to a veritable peak near $700 million. A mere six months! What a spectacular jump, almost 10 times its original value—truly the stuff of legend, where rival chains struggle to manage a modest 10-50% increase. Some might say this is quite the anomaly in our tight market these days. 🎈
Our hero, the mysterious tipster Pentoshi—whom I picture as part Sherlock Holmes, part fortune cookie—has whispered to his 869,800 X followers the delectable prospect of ETH bouncing up to a crisp $3,200. And frankly, that’s just the starter for what he believes could be a veritable all-time-high pudding. 🥧
Word is, the two outfits done scribbled their John Hancocks on a thing called a memorandum of understanding. Sounds mighty fancy, don’t it? The idea is to let Crypto.com’s “Pay” find a new home inside Emirates’ labyrinth of wires and machinery. Launch date? Well, ‘next year’, give or take some meetings and a pot of strong coffee, assuming no one’s goldfish swallows a thumb drive along the way.
Hougan, a man who once gazed upon tokenization with a skeptical eye, now beholds it as an inevitability, a force of nature that shall reshape the very fabric of our financial world. “The archaic schedules of yesteryear,” he declares, “shall soon be naught but a distant memory, a relic of a bygone era.” For in the world of tokenization, markets shall run with the ceaseless fervor of a runaway train, unencumbered by the shackles of tradition.
To the bankers polishing up their “real-world assets” and eager to sprinkle them with blockchain to avoid grown-up rules, Hester offered a polite reminder—one could almost hear her stifling a chuckle: regulations are not nearly so charmed.
Like a modern-day Don Quixote, Musk charges forward, his lance pointed at the windmills of corruption and deceit. The world’s richest man, once a darling of the Republican Party, has now turned against his former allies, determined to expose the truth, no matter the cost. 💸
