Cryptonews

On August 9, Nate Geraci, president of The ETF Store-whose title is perhaps more majestic than his actual store-made a proclamation on X (the platform formerly known as Twitter, where pontification requires no license). According to him, the futures-based ETFs for Solana and XRP had seduced over $1 billion in capital. Their public debut in America was only months ago, barely time for a babushka to knit her second pair of socks. Naturally, investors were drawn to “futures contracts”-which are like promising to marry a suitcase of dollars next spring, unless inflation elopes with your prospects.

According to the report (aka the police, who always have the best intel), these five masked maestros were as coordinated as a Broadway chorus line-except with more violence and less jazz hands. They caught our poor victim unawares and, threatening her with what we can only imagine was a baguette of terror, they beat her and ran. The hard drive? Gone! That’s like losing the crown jewels to a band of digital pirates with a grudge and no manners. 🤺

Yet, as with all things in life, a moment of respite seems inevitable. The winds of fortune may cool, but the overarching trend still whispers sweet promises of further ascension, as if the universe itself conspired to lift Ethereum higher.

The total value locked in DeFi, a figure once whispered of in hushed tones, has now surpassed the $150 billion mark-a sum that would make even the most jaded baron blink twice. This 84% ascent over four months is a feat not seen since April 2021, when the world was perhaps more enamored with Zoom calls and banana art. The crypto community, ever the trendsetters, has taken to X to declare a “DeFi summer,” as if the weather alone could be dictated by blockchain enthusiasm. 🌡️

According to the ever-watchful crypto analyst Ali Martinez, these whales have been scooping up DOGE like it’s going out of fashion-230 million tokens in a mere 24 hours! And let’s not forget the earlier caper when they snaffled over 1 billion DOGE in a single day. Dash it all, that’s enough to make one’s head spin! Historically, such largesse has been the harbinger of price rallies, so one can’t help but raise an eyebrow in anticipation. 🧐📈

Ripple, that most enterprising of digital banks, has announced its acquisition of Rail, a stablecoin payment platform, for a tidy sum of £200 million (or its crypto equivalent). This, they claim, shall fortify their global payment capabilities and elevate their enterprise stablecoin offerings. One can only hope the funds are not squandered on… more crypto. 🏦

tags, no color styles. The title must be in Read More 2025-08-10 15:22

To clarify for those unacquainted with such matters, “large holders” are defined as any address possessing more than 0.1% of the circulating supply. In the case of SHIB, these include not only individual whales but also some of the industry’s most illustrious exchanges. Coinbase, Binance, and Upbit reign supreme among them, collectively guarding billions of dollars’ worth of SHIB as though it were the Crown Jewels. 👑

Let us summarise this whole pesky ballet for speed-reading Muscovites

“In January, it peaked. In April, it bottomed. In May, it soared. And on July 9th, it winked at the S&P with a 10% gain!” Lee declared, as if narrating a circus act. “So, dear investors, prepare your popcorn! By this month’s end, the S&P will leap to 6,500-6,600 like a kangaroo on espresso!” 🐘☕