Category: Crypto news

Grayscale has rolled out these shiny new ETFs, promising to sprinkle some income-generating fairy dust on your Bitcoin investments. According to the press release, the BTCC and BPI are here to capitalize on Bitcoin’s wild price swings while you sit back and sip your overpriced coffee. ☕💸

Last week, they sent a bid to the White House through their shiny new family-friendly crowdfunding company, Zoop. Yes, you heard that right! Zoop! Sounds like a name for a zany cartoon character, doesn’t it? 🦙

Geoff Kendrick, the clever bloke from Standard Chartered, points out that Avalanche’s approach to scalability is as unique as a well-tailored suit on Savile Row. Unlike those other blockchain blighters, Ethereum and Solana, which rely on traditional scaling solutions, Avalanche employs a spiffing subnets or sidechains-based system. “Smashing!” we say 🎉.

In a declaration most grand, Kraken doth proclaim: “RLUSD, art now amidst our digital marketplace!”

Ho ho! Gather ’round, my dear chaps and chapesses, for I’ve got a ripping yarn to spin about Pump.fun’s latest venture. They’re launching a lending platform, called Pump.Fi, to help you buy those delightful memecoins and non-fungible tokens (NFTs) with borrowed cryptocurrency. 🎉✨

According to a report that probably involved a lot of coffee and some very serious-looking spreadsheets, Fidelity has noticed a growing demand from clients who want to invest in cryptocurrencies via retirement accounts. This new commission-free crypto IRA is exclusively for residents of the USA who are over the age of 18, because apparently, the IRS has some very specific rules about who can play with digital money. 🎉

TL;DR

With the pomp of a circus ringmaster, the payments purveyors have announced the advent of RLUSD cross-border payments! This bold step will unfurl the curtains to a veritable treasure trove—billions of dollars in liquidity—though one might ponder if any of this liquidity could be found in one’s own wallets. 🍂

Sun’s calling for the cavalry – aka regulators and law enforcement – to step in and save the day. He’s worried about Hong Kong’s rep as a finance powerhouse and wants to nip any future mishaps in the bud. 🛡️

XRP’s current stats: trading at $2.10, down a whopping 37% from its yearly high (yikes!). Market cap? A ‘mere’ $126 billion, making it the fourth-largest cryptocurrency. 📉