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. 🤠
Husky Inu (HINU) is gearing up for its next price tick, a move as theatrical as a dragon reading the weather report, aiming for the noble sum of $0.00021360. The prior epic saw it tiptoe to $0.00021298 during the grand pre-launch, which began on April 1-yes, the month of surprises and slightly smug coins.
In a casual tête-à-tête during her recent APAC tour, BeInCrypto caught up with Shangett to hear her thoughts on the current state of crypto, which, spoiler alert, isn’t quite the utopia Satoshi envisioned. But who needs utopia when you have strategic pivots, eh?
As part of this money-makes-the-world-go-round cleanup, Kazakhstan is tightening the reins on crypto traders. Only the elites – those licensed exchanges with the golden stamp of the Astana Financial Services Authority and a cozy relationship with local banks – can play in this sandbox. All others? They’ll be meeting Mr. Penalty, who is known for his rather strict manners. 😏
Behold, Steve McClur, the CEO of Canary Capital, has revised his prophecy! From $5 billion to $10 billion in inflows for the XRP ETFs, he declares, with the gravitas of a man who’s seen too many charts. “A turning point,” he proclaims, as if XRP were a tragic hero in a Chekhovian play, finally finding its purpose in the third act. 🎭