Not just yet, folks. As long as Ethereum still clocks in over 1 million transactions a day, it’s hanging on to its structural strength like a cat on a window ledge before it decides to leap again.
Here’s why Citi Ventures decided to crash this party with BVNK.
With the AUSTRAC registration under its belt, Gemini Intergalactic Australia Pty Ltd (yes, that’s what they’re called now) can finally offer digital currency exchange services directly to Australians. No more hopping through hoops to use Gemini’s global platform. Just straight-up Aussie crypto fun!
The firm whispers through its subsidiary, Nonagon Capital, that an initial harvest hath begun, aimed at a bountiful $4 million crop from DeFi’s fertile soils. Ah, while USDC remains the stodgy choice of cautious institutions, clinging to its regulatory raiment like a peasant to his plow, Hotlink, with a mischievous glint, opts for the bounteous yields of USDe-ever the adventurous gambler in the casino of currencies! 😂
Every market cycle is like a bad soap opera: same drama, different season. The last one (2022-2023) was a real tearjerker, starring Terra’s Luna as the tragic hero who took $40 billion down with it like a crypto-themed Titanic. Cue the domino effect: Celsius, Three Arrows Capital, Genesis, Alameda, and FTX all took turns tripping over their own leverage. Billions vanished faster than a pizza at a developer conference.
With only “essential” staff keeping the lights on, the SEC’s routine operations have been reduced to a whisper. ETF approvals? Paused. XRP’s price? A rollercoaster of “I can’t trust anyone.” Traders, I’m told, are now betting on whether the SEC will return with a “Here we go!” or a “Good grief!” 🎢😅
According to the Australian Independent Reserve Cryptocurrency Index, cryptocurrency adoption in Australia hit a solid 31% in early 2025, up from 28% the year before. 📊 It’s like a digital asset party, and everyone’s starting to RSVP. 🍾
In a recent post on X (yes, we’re still pretending to call it that), Balchunas gleefully shared that the BlackRock Bitcoin ETF has now earned the title of “Most Profitable Fund” for its creator. And not by a small margin, mind you. This is a massive achievement for the Bitcoin fund, considering it’s younger than a puppy on a leash. 🐕
Polygon’s got big dreams with its GigaGas roadmap, all while winking at fintechs and payment platforms. 💸
And get this-in a move so generous it’d make Santa blush, Square’s waiving transaction fees until the end of 2026. After that, a measly 1% fee creeps in on January 1, 2027. That’s over two years of essentially free Bitcoin payments, folks! A sly way to grease the wheels of adoption, if you ask me. 🤠