Ethereum is getting love letters too, as various corporate suitors spent millions last night hoping to win its digital hand. Yet, like a bashful debutante at a Victorian ball, Bitcoin remains the true object of institutional obsession—everyone’s favorite electrified lightning rod for capital and calamity. ⚡
But wait, there’s more drama than in a telenovela. Since April 1 (no joke, even if it sounds like one), every couple days have brought a price increase. The folks behind Husky Inu have already wrestled over $800,000 out of people’s wallets—and the coin still isn’t even house trained! 🐾💸
We greet, instead, the cold arithmetic of benchmarking, the relentless march of quantifiable KPIs, and sovereign capital deployed with a surgeon’s steely eye—metrics reigning where dreams once fluttered feebly. Bravo, modernity: you have arrived, briefcase in one hand, abacus in the other!
After this fiery spectacle, the circulating supply of BNB now stands at a measly 139.28 million tokens. That’s right, folks – they’re playing the long game here, with the ultimate goal of cutting the total supply in half, from 200 million down to a mere 100 million.
In a Wednesday notice, the leadership on the House Committee on Ways and Means and Oversight Subcommittee, with all the formality of a letter from a distant relative, announced that a July 16 hearing would focus on “affirmative steps needed to place a tax policy framework on digital assets.” The event, titled “ensuring digital asset policy built for the 21st century,” will come as House representatives, with the enthusiasm of a young lady at her first assembly, are expected to vote on three crypto-related bills.
Other altcoins that traded in positive territory included Ripple (XRP), up nearly 5% and trading around $2.41. Solana (SOL) is up almost 4%, trading around $157, while Dogecoin (DOGE) is up 5.44% at $0.179. And that’s not all, folks! Cardano (ADA), Chainlink (LINK), Stellar (XLM), Hedera (HBAR), Toncoin (TON), Litecoin (LTC), and Polkadot (DOT) also registered substantial increases. 🤠
But wait—hold onto your seats, there’s more! Despite the plummeting dollar signs, people just can’t seem to stop trading these digital doodads. According to DappRadar (oh, the ever-watchful guardians of the NFT realm), the number of NFT sales in Q2 jumped 78% compared to the prior quarter. Meanwhile, trading volume dropped a hefty 45%. NFTs are now more affordable, but let’s be real—they’re just becoming more *accessible*. Isn’t that charming?
Right now, Ethereum ain’t sittin’ pretty at the top—more like layin’ back somewhere near $2,780, just countin’ its chickens before they hatch:
00 to July 10 12:00.
Agora, founded by the ingenious Nick van Eck (son of VanEck CEO Jan van Eck), along with crypto veterans Drake Evans and Joe McGrady, is on a mission to revolutionize the world of stablecoins. Their brainchild, AUSD, is a white-label stablecoin that enables companies to launch their own branded stablecoins, sharing liquidity and interoperability. 🤝
