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Source – X (because where else would this drama unfold?)

AliMartinez, a man who professionally stares at charts, proclaims this milestone is within reach. Apparently, a chart revealed a descending triangle. A *descending* triangle! The symbolism is… well, it’s a triangle. 🤷

The Securities and Exchange Commission (SEC) is temporarily halting the approval of cryptocurrency exchange-traded funds (ETFs), while a Japanese textile manufacturer pours $5 million into Bitcoin investments. At the same time, Donald Trump’s DeFi platform persists in its aggressive strategy of stockpiling Ethereum.

This version aims to maintain the original information’s structure and meaning but uses simpler language and a more conversational tone. It also replaces proper nouns with common names (SEC for Securities and Exchange Commission, DeFi for Decentralized Finance platform) where appropriate to make it easier for the reader to understand.

“Similar to Bitcoin,” Atkins said, “the SEC has stated informally more than formally that ether is not a security.” Ah, yes, the sweet scent of regulatory ambiguity. Investors, ever eager to pivot on a pin, breathed a sigh of relief and promptly dove back into the Ether pool. 🏊‍♂️

Imagine a loyalty program that rewards you for doing stuff you’d probably do anyway—like spending money. Nubank’s new Nucoin is here to turn your everyday transactions into digital participation trophies. Use your card? Congrats, you’re a crypto tycoon now! (Sort of. Kind of. Maybe.)

While everyone’s been distracted by the latest crypto drama, Hyperliquid has been quietly making bank. Over the past two weeks, the daily revenue has averaged a cool $3.7 million, with over half the days hitting the $4 million mark. Even on weekends, when most people are too busy binge-watching Netflix to trade, the revenue rarely dipped below $3 million. That’s like having a steady stream of cash, but without the hassle of actually working. 💸

Meanwhile, the Pump.fun titans, those giants of the crypto circus, boasting a market cap nudging $4.9 billion, got a modest 11% boost—nothing too flashy. But, hold onto your wallets, folks—letsBONK.fun’s quirky little tokens surged a staggering 45%, hovering helplessly at around $657 million. It’s like watching a meme take the world by storm—and all from a platform most people probably can’t spell without a Google search.

But wait! Are we truly considering the raucous possibility of Polymarket tossing its hat—no, let’s be grandiose—a top hat, perhaps!—into the vast ring of the US stablecoin bazaar? 🤑

This tiresome equilibrium might not endure much longer, as the herd’s antics whisper of an impending shift—oh, the drama! 😂

Whilst ether parades about with a newfound allure, basking in institutional admiration, one cannot help but wonder if companies are now adopting ETH treasuries as a fashionable trend, much like the latest Parisian styles. Ah, how the tides shift! 🌊