qfx The crypto community, a motley crew of tech wizards and digital dreamers, had rallied against this bureaucratic behemoth, arguing that DeFi protocols, often run by algorithms and not by humans, were as capable of compliance as a cloud is of carrying a mountain. 🌤️🏔️
Triple-digit price gains within 24 hours are nothing unusual in the world of crypto. The lesser-known altcoin Hyperlane (HYPER) proved that narrative, skyrocketing roughly 170% within that timeframe to almost match its all-time high of $0.35. Its market capitalization, which stood at around $20 million yesterday (July 9), has surged past $55 million.
The news comes on the heels of Circle’s application to establish a national trust bank in the US, a move that would see the firm overseeing the USDC reserve on behalf of its US issuer. The US Senate, in a rare moment of clarity, passed the GENIUS Act, a stablecoin regulation bill, in mid-June, which promises to bring legal clarity to the world of stablecoin issuers. One can only hope it’s more entertaining than the average legal document.
On the 10th of July, YZi Labs announced a strategic investment in Aspecta, a blockchain infrastructure project that’s like a modern-day alchemist, turning illiquid assets into liquid gold. These assets, ranging from locked tokens to pre-TGE shares and private equity, have been the bane of many a financier’s existence. 🤑
Cue the run-down of all things official and cryptic:
For those who don’t speak crypto, a golden cross is like a green light for a bull run. It happens when the nine-day moving average in the MA Cross indicator flips the 21-day moving average, signaling a potential rally. And wouldn’t you know it, XRP is currently trading up by 3.79% at $2.43, just above the $2.40 level indicated by the golden cross.
On July 9, these ETFs raked in a tidy $218 million, marking the fifth consecutive day of gains. According to the folks at SoSoValue, that brings the total to nearly $1.52 billion over the past five trading days. We’re not sure what’s more astonishing, the sheer amount of cash or the fact that someone, somewhere, is actually keeping track of it all 🤓.
Brett (BRETT) price has surged over 15% in the past 24 hours, currently trading at $0.0512 as it tests the upper trendline resistance of the descending channel it has been trading within since early May. The price has also broken above the 20-day EMA for the first time in weeks, which is a signal of building bullish momentum.
According to the lawsuit, Sarris ignored internal legal warnings throughout 2023 and 2024, continuing to promote investment structures that allegedly violated SEC and FINRA rules. The legal complaint also claims Linqto charged up to 60% in hidden fees and used deceptive language to exploit regulatory exemptions. It’s like a magician’s trick, but with your hard-earned cash! 🎩✨
At the same time, the memecoin’s trading volume spiked by 113% reaching $84.7 million, reflecting vigorous on-chain activity. But what’s fueling the surge – investor conviction or a mere technical bounce?
