Category: Crypto news

XRP, never one to pass up a good plunge, has heroically lost 2.42% in a single day. One has to admire that level of commitment, really.

For the past fortnight, Ethereum’s price has been stuck in neutral, like a car with a bad clutch. Yet, despite the *yawn-worthy* price stagnation, the holders aren’t backing down. Oh no. The number of accumulating addresses has increased by 22.5% since March, and exchanges are seeing withdrawals. That’s right, whales and retailers alike are quietly pulling their ETH out. And let’s not forget, the stock-to-flow ratio is at a yearly high, which means ETH is getting scarcer. Hold onto your hats, folks. 🐋💰

As of the ever-so-sophisticated Tuesday, May 6, XRP is prancing about at $2.18, dipping into a little range between $2.13 and $2.17. Now, don’t let the recent losses and lackluster sentiment fool you, darling—there’s a glimmer of hope in this tech-heavy charade. The long-term forecasts are looking a bit less dreary than your last dinner party.

Folks, whether you’re a local who never left the county or a jet-lagged tourist looking to jazz up your blockchain wallet—Moneta’s here for you. The process has a one-step simplicity even Tom Joad could follow: hand over dollars, receive USDM, no slippery middlemen to muck things up. The tokens come out the other end at a one-to-one ratio, as even and fair as poker chips in a dustbowl saloon.

Meet The Press, that distinguished American pantomime, unfurled its red carpet for Trump on May 4—alongside more mundane fare such as economies and foreign intrigue, they sampled the confectionery of crypto. The former president, suddenly the hero of digital buffoonery, confessed to being hazy about the latest surges in $TRUMP. Coins—digital or otherwise—were never so abstract as in the hands of this particular conjurer.

Apparently, this is all about helping classrooms, teachers, and students discover the mysterious world of literacy, financial acumen, and the kind of STEM innovation that usually involves homemade volcanoes exploding on unsuspecting janitors. The announcement, timed with Teacher Appreciation Week, might lead one to believe this is all a ruse to secure the world’s largest collection of those “World’s Best Teacher” mugs, but Ripple insists it’s part of a “crypto meets philanthropy” strategy—presumably because “crypto meets confusion” was already taken.

This so-called masterpiece, “Chainlink Rewards”, lets any doughty souls tethered to the network bestow luscious tokens upon those swashbucklers, known in local parlance as node operators and community members, who bother to ensure the chain does not unlink. If you have ever juggled bits and staked LINK, you may yet find yourself sprinkled with Space and Time’s SXT tokens, as if Satoshi himself descended, showering baubles on the just and unjust alike. Not even your eccentric uncle, who only ever bought Dogecoin by accident, is excluded—provided he participates fervently enough.

The idea? Well, it’s simple, really. Test how this digital euro thing could work in real-world transactions and, of course, dream up some snazzy new services around it. Oh, and they’ve split the participants into two groups: the Pioneers and the Visionaries. The naming alone deserves an award, don’t you think?

In the meantime, there’s this little thing called the Federal Open Market Committee (FOMC) meeting happening May 6-7. As if the crypto market wasn’t volatile enough, now everyone is waiting with bated breath (probably just holding their breath until they pass out) to see how the Federal Reserve plans to shake up interest rates. Spoiler alert: it’s probably going to influence crypto prices, but no one’s sure exactly how. 💸

Bonk (BONK), that delightful dog-themed cryptocurrency on Solana (SOL), is the shining star of today’s crypto circus. Up by 4.4% in just 24 hours, Bonk (BONK) has targeted the magical $0.000017 mark, and it’s doing so on the back of rocketing trading volume—yes, volume so high it might make your head spin. According to CoinGecko, things are looking up for our little meme friend.