Speaking at DC Fintech Week (which sounds like a dating app for robots), Breeden dropped a truth bomb: “We’re thinking of limiting *you* to £10k-£20k in personal stablecoins.” Excuse me?! That’s barely enough to buy one overpriced avocado in Shoreditch. 🥑 Most businesses get up to £10 million, because… obviously billionaires need more crypto. 🤷♀️
The Bitcoin (BTC) price, that beleaguered financial hound, now licks its wounds near $112,900, having giggled its way past $115,900 only to trip into the arms of caution. The weekly charts whisper confessions of waning bullish resolve, while traders fiddle with their portfolios like smokers tucking cigarettes into a coat pocket. What a parlour trick! Meanwhile, in unrelated news…
“Ripple is a company, sure,” Garlinghouse stated, as though trying to explain that water is wet, “but XRP operates as a free-roaming, open-source technology supported by a vast army of independent developers, companies, and-wait for it-users!” It’s almost as if XRP were its own entity, as free as the wind… but with less of the gust and more of the blockchain. 😆
On Tuesday, Wynn-a man clearly fluent in the language of hubris-opened $4.8 million in leveraged positions with a mere $197,000 in stablecoins. “Back with a vengeance,” he declared, as if summoning a dragon. One might have asked, “Vengeance against whom, dear James? The market? Yourself?” But alas, the stage was set for tragedy.
The partnership, confirmed on October 15, promises to unlock DeFi wonders for Bitcoin holders-though one wonders if they’ll finally learn to stop wrapping their BTC in silly little layers. 🧵
Should the market maintain its current swagger, Wynn might find himself swimming in a sea of coins, thanks to his enviable entry points. 🤑
In a delightful roundtable soirée during the illustrious Latin American Bitcoin & Blockchain Conference (or LABITCONF for those in the know), the esteemed Carlos Maslatón-our Bitcoiner extraordinaire alongside Ramiro Marra, once affiliated with Milei’s flamboyant “La Libertad Avanza” party-decided to rain on the cryptocurrency parade. They forecast that the current administration won’t be globetrotting into crypto-ville anytime soon. 🥳
The MiCA Crypto alliance, that ever-so-dashing organization backed by Ripple, has graciously opened its doors to the Cardano Foundation. The Foundation now joins Ripple, Hedera, and Aptos-oh, what a distinguished crowd! And what’s this? A MiCA-compliant white paper for ADA, the precious native token of the Cardano network? It’s almost as if the stars have aligned for an ADA renaissance. 🌟
In the shadow of the digital age, the Bitcoin treasury, once a dormant relic of speculative fervor, now stirs with the promise of purpose. To hoard this sacred coin was once the boldest act of faith, a testament to conviction in the face of chaos. Yet, behold! The Lightning Network, that fickle, electric beast, whispers of a new path: not mere accumulation, but the alchemy of utility. A company, once a mere custodian of value, now finds itself a pilgrim on the road to productivity, its Bitcoin no longer a static idol, but a living, breathing engine of exchange. 🌀💸
Morpho, the “permissionless lending” wizard, is now managing this deposit via MetaMorpho and Morpho Vault v2. Because who doesn’t want their money to be governed by open-source GPL licenses? It’s like a party where everyone’s wearing a “I <3 Code” shirt. 🧵
