60 Billion SHIB Floods Exchanges-A Torrent of Despair or Mere Caprice? 🌊
Ah, the wretched Shiba Inu, that bastard child of the crypto world, now drowning in its own tears as 60 billion tokens are hurled onto exchanges in a single day. What madness drives these souls to such folly? Is it greed, fear, or the sheer absurdity of existence?
- Massive inflow. 60B SHIB sent to exchanges, pushing reserves to 85.4T. A deluge, a tsunami, a torrent of despair! 🌪️
Sixty billion tokens-a number so vast it defies comprehension, yet here we are, staring into the abyss of potential sell-offs. Are the whales fleeing, or is this merely the universe mocking our feeble attempts at wealth? The reserves now stand at 85.4 trillion SHIB, a figure that screams, “Behold, the folly of man!”
- Potential impact. Sell-offs loom like a specter, haunting the dreams of the faithful. 👻
Who, pray tell, is selling? The retail traders, those poor souls, or the whales, those leviathans of the deep? The magnitude suggests the latter, but in this carnival of chaos, who can say for certain? The price action, that fickle mistress, tells a different tale-one of irony and contradiction. 🕰️
Ripple and BBVA: A Match Made in Blockchain Heaven? 💍
Behold, the Spanish banking giant BBVA, a titan of old, now embracing Ripple for cryptocurrency custody services. Is this a union of convenience or a desperate grasp at relevance? Only time will tell.
- New offering. Ripple to provide custodial services, because who doesn’t love a good custody battle? 👶
Ripple, that stalwart of enterprise blockchain, has been chosen to safeguard BBVA’s digital assets. Cassie Craddock, Ripple’s managing director, doth proclaim BBVA as one of Europe’s most innovative banks. Monica Long, the president, is “excited”-a word so overused it has lost all meaning. Yet, here we are, celebrating another chapter in this epic saga. 📜
- Partnership history. BBVA and Ripple, together since 2017, like an old married couple bickering over blockchain. 💏
Since 2017, BBVA has clung to Ripple like a liferaft in a storm, using its technology for real-time international transfers. A transaction between Mexico and Spain-how quaint! Yet, in this digital age, even the oldest institutions must adapt or perish. 🌍
Dogecoin ETF: The Meme Coin’s Wild Ride Begins! 🎢
And lo, the era of meme coin ETFs is upon us, with Dogecoin leading the charge. Bloomberg’s Eric Balchunas doth proclaim the dawn of this absurdity, as $DOJE prepares to launch. What fresh hell is this?
- ETF debut. $DOJE, the first meme coin ETF, tracking Dogecoin’s price. Because why not? 🤡
Balchunas, that harbinger of financial doom, announces the arrival of $DOJE, a Dogecoin ETF filed under the 1940 Investment Act. A fund with “no utility on purpose”-how delightfully absurd! Unlike Bitcoin and Ethereum ETFs, this one dares to be different, a rebel in a sea of conformity. 🦹♂️
- Regulatory twist. Filed under the 40 Act, because the SEC needs a good laugh. 🤣
The REX Shares and Osprey funds, those intrepid pioneers, will list $DOJE on Thursday. And let us not forget their filings for SOL and ETH ETFs-because why stop at one? The Dogecoin treasury, announced by CleanCore Solutions, Inc., adds another layer to this farce. What a time to be alive! 🎉
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2025-09-11 01:33