On Tuesday, S&P proudly unveiled the S&P Digital Markets 50-a mix of 15 major cryptocurrencies and 35 crypto-linked stocks, developed in cahoots with blockchain firm Dinari. Yes, it’s a cocktail of assets that’s supposed to give you the digital asset exposure you’ve been craving without losing your mind trying to track down individual tokens. 🍸
Apparently, if XLM can break above its resistance (fancy term for “get its act together”), we’re in for a rom-com-worthy plot twist. But-and there’s always a but-it needs to cling to its support levels like a desperate ex. Drama! 🍿
They’re on track to hit $500 million in annualized run-rate revenue by Q1 2026, with 23,000 GPUs in operation or on order. Contracts for 11,000 GPUs are already signed, bringing in $225 million by the end of 2025. That’s more commitments than a hitchhiker with a towel. 🧣
In case you’re wondering how much that is in actual Ethereum, it’s a whopping 32,000 ETH, or about as much as my crypto portfolio would ever dream of being. According to Lookonchain, the blockchain data platform that’s probably trying to keep up with the madness of crypto, this transfer happened a whole day after Grayscale decided to throw staking into their Ether ETPs. That’s right, folks, they’re the first US-based crypto fund issuer to offer staking-based passive income for their funds. Oh, and don’t worry, they’ve made it all “official” with their fancy ETP Staking Policy. 🙄
Let’s rewind to 2021, when CAKE was the belle of the ball, peaking near $47. Fast forward to the crypto crash, and it was left sobbing in the corner at a measly $0.20. For two years, it’s been stuck in a consolidation phase between $1.20 and $4.60-like a pancake that just won’t flip. Every bullish attempt was met with a bearish shrug. 😒
According to Santiment, “XRP is seeing its highest level of retail FUD since Trump’s tariffs were announced 6 months ago.” The sentence alone could launch a thousand brunches. 🍸
House of Doge, the corporate arm of the Dogecoin Foundation (because even memes need a boardroom), has been waving its arms like a madman, shouting, “Look at us! We’re serious now!” 🏢 They’ve highlighted four reasons why institutions are suddenly watching Dogecoin like it’s the last pie at a Discworld feast. Spoiler: it’s not just about the memes anymore. 🙄
Lo, the investors gather like crows to a feast, anticipating a grand ascent before the markets take their fateful plunge. Paul Tudor Jones, the billionaire bard of Tudor Investment, doth declare the stage set for a growth so colossal, it would make the gods of Olympus blush. 🏛️📈
The best part? The digital asset is designed to make you feel like you’re a treasure hunter, promising an annualized yield of up to 4%. Imagine getting gold back as a yield-because who doesn’t dream of receiving gold rather than just staring at it? And no, this isn’t some weird magic trick. It’s actually real gold! (Kind of like your grandma’s jewelry, but better.)
Now, this drop has followed a period of *oh so thrilling* upward movement, raising all sorts of questions: Is this a mere blip, or is it the beginning of a glorious downward spiral? We all love a good mystery. 🍿
