Crypto news

While the masses are distracted by the political fireworks and trade tempests, a silent drama unfolds for digital gold and the intricate tapestries of its global support. 🎭🔒

The settlement alleges that Galaxy’s shenanigans helped LUNA’s price skyrocket from a measly $0.31 in October 2020 to a jaw-dropping $119.18 in April 2022. All this without disclosing their little fire sale, which, as it turns out, is a big no-no under New York’s Martin Act and Executive Act. Who knew? 🤷‍♂️

But wait, don’t start writing its eulogy just yet! In the midst of this gloomy dip, it turns out the whales (you know, the ones with more money than most countries) have been hoarding LINK like there’s no tomorrow—adding 8.3% more to their bags in just six months. This might just be the glimmer of hope that will reverse this downward spiral. 🦈📈

Timmer’s eyes, seasoned from years of watching market sunsets, assumed the price of that there shiny metal, gold, would keep on growing at its historical compound annual growth rate (CAGR) of 8% – a steady pace it’s held since the 1970s. That CAGR, it’s a handy tool for smoothing out them returns, like a well-worn saddle on a trusty steed.

Meet the trio: Benjamin Delo, Samuel Reed, and Arthur Hayes. These gentlemen had already confessed to a few minor infractions—like money laundering and, oh, I don’t know, running a platform that was basically a “money laundering exchange.” You know, just your average Tuesday in the crypto world. 🙄

One might find Mr. Hoskinson’s remarks particularly intriguing, as he painted a vivid tableau of a potential governmental endorsement of a blockchain solution—more to the point, if the US government were to indulge in the whimsy of using Cardano for elections, it would necessitate a most prudent stockpiling of ADA to fuel the electoral machinations. What a delightfully practical concern, diverting from mere speculative fancies! 😏

In a most troubling turn, the price of Pi Coin has plummeted nearly 50% in the span of a fortnight, engendering a most alarming volatility in the market of the Pi Network. The analysts, those modern-day sages, suggest this token currently finds itself in a phase closest to consolidation, as the technical indicators seem to present a rather confounding array of mixed signals as to its next move.

The UAE, not one to be left behind in the future, has decided that its beloved Dirham needs a makeover—of the digital variety. By the end of 2025, the country will launch its shiny new Digital Dirham, adding another notch to its belt as a global financial hub. The Central Bank of the UAE (CBUAE) has introduced spiffy new symbols to represent both the physical and digital Dirham, and of course, these symbols are designed to shout national pride while whispering about a future that’s all about digital finance. 🏦💰

Oh joy, oh rapture! 🎉 Coinbase has managed to scrape together a teensy-weensy victory in its Freedom of Information Act (FOIA) takedown of the US Securities and Exchange Commission (SEC). Judge Ana C. Reyes basically told the SEC to stop dragging its feet and meet the already-established deadline. Yay, deadlines! 📆

According to Kiyosaki, who has amassed a following of 2.7 million on the social media platform X (which, let’s be honest, sounds like a secret spy organization), silver, gold, and Bitcoin are all supposed to be your trusty shields against the dastardly duo of inflation and economic uncertainty. But hold onto your hats, folks, because he believes silver is about to take the crown! 👑