qfx This isn’t just a Coinbase thing, by the way. It’s a whole trend. Companies everywhere are like, “Sorry Delaware, we’re seeing other states.” Move over, Delaware-hello Texas! 🏢➡️🌵
In a recent X post (yes, the platform formerly known as Twitter, but let’s not get into that), BeInCrypto spilled the tea: Stellar, like a true underdog, lost its groove after a mid-summer fling with the moon. But here’s the kicker-while EMAs are flatter than a pancake at a vegan brunch, XLM is forming a higher low like it’s got a secret stash of rocket fuel. 🚀 Meanwhile, the USDT.D chart is like, “Lower high? More like lower my expectations.” 😏
Why Polymarket, you ask? Oh, just because it’s the most accessible, highest-volume prediction market out there. Running on Polygon (yes, the blockchain, not the shape) and using USDC as its betting currency, it’s like the Vegas strip for crypto nerds. 🎰 And let’s be honest, who doesn’t love a good gamble, especially when it’s on something as thrilling as “Will the government shutdown end today?” Spoiler: it probably won’t. 🤷♂️
Imagine, if you will, a check-a relic of a bygone era-resurrected in the digital realm, valid for five years, a veritable eternity in the crypto cosmos. The sender, with a flourish, selects the amount and currency, while the receiver, with a mere whisper of their wallet details, claims their bounty. Simplicity itself, or so they claim. But is it not all a game of mirrors and smoke? 🕰️
Aave’s on-chain metrics are flexing harder than a bodybuilder on steroids. Weekly revenue is crossing $3 million like it’s a casual stroll, and total deposits have somehow managed to cross $56 billion. Can you imagine? Yet, the price is still chilling 66% below its 2021 all-time high. It’s like that one friend who refuses to stop talking about how much money they made, but refuses to update their wardrobe. Honestly, AAVE could do with a little wardrobe change. ✨
Turns out, people are over the whole “token hype” thing. Who knew? Now it’s all about sustainable platforms, developer tools, and financial infrastructure. Basically, crypto is trying to act like a grown-up. 🧑💼 Commonware just scored $25 million to build a payments-chain, and Pieverse got $7 million for a cross-chain payments protocol. Sounds boring? Maybe. But it’s way more useful than another meme coin. 🤷♂️
Dear Reader, let us ponder the following:
Bitcoin, the venerable patriarch of the crypto world, slipped below the $104,000 mark, a spectacle of consolidation after last week’s tempestuous sessions. Ethereum, that steadfast companion, followed the downtrend, hovering around $3,500 with a minor intraday decline, as if sighing in resignation. XRP, ever the underdog, traded near $2.38, its value diminished by 3% in the last 24 hours, as market activity thinned like a waning candle before the much-anticipated Canary XRP ETF launch. Solana, the swift messenger, held around $160, while Cardano, that steadfast mule, remained near $0.57, unshaken by the chaos. 🐷
The venerable cryptocurrency exchange Coinbase, ever the pioneer, has launched its Business division in Singapore, a city-state that has long been a magnet for the daring and the desperate. One might wonder if this is a bold step or a desperate gamble, but only time will tell.
The report from GoPlus, a beacon in the darkness of on-chain security, paints a picture of a community beset by trials. Hacks, exploits, social engineering, honeypot tokens, phishing attacks, Ponzi schemes, and token rugpulls-each a thorn in the side of the crypto faithful. Sixteen high-profile incidents, each a scar on the face of Web3, led to losses that ranged from the merely tragic to the catastrophically absurd.
