Uzbekistan wants stablecoins and their mystical digital charm introduced into the kingdom’s purse checks over a cup of tea and a biscuit. It all begins with a regulatory sandbox, the kind of place where financial wizards can brew their potions without spilling anything disastrous. This wisely structured journey is a charming little ballet of modernizing payments without losing the kingdom’s watchful eye.
The larger-cap alts, those ever-present spectators, also bore witness to their own red-letter days, with PUMP, SOL, and ADA experiencing nothing short of a dramatic diminuendo. Indeed, they seemed to dance out of step with BTC’s rather harrowing pirouette.
Even with this price wobble, the grown-ups with the big wallets havenât run away. Grayscale is trying to turn its Zcash stash into a proper ETF – fancy! And the Winklevoss twins? They’ve started a Zcash treasury, all dedicated to keeping things private. Rather important, that. đ€«
Jihan, a man of two worlds (economics and computer science), saw the absurdity of digital scarcity like it was a gentlemanâs code of honor. He noted, with perhaps a scoff directed at skeptics, that misinformation was the true blockchain-linear, hard to unravel, and full of unverified nodes. Hence, the translation. A public service, really, for those who tire of mainstream media reporting Bitcoin as a product of âmadness and malwareâ since â09.
In fact, itâs now comfortably sitting as the second-best performer on a weekly chart. How? Why? What wizardry is at play? Letâs dive in.
âThe last time I saw such an asymmetric risk-reward was during COVID,â declared AndrĂ© Dragosch, Bitwise Europe’s head of research, in a socially acceptable outburst on X. He was referring to March 2020, when Bitcoinâs price nosedived from $8,000 to below $5,000, presumably because the virus had a vendetta against decentralized currencies.
faster, cheaper digital services and better connectivity between financial institutions. Or, in plain English, “Letâs fix the plumbing before we flood the ballroom with champagne.” đŸ
Hereâs the thing: Ethereumâs global appeal comes down to one word: credibility. Unlike your ex, who always had excuses, Ethereum is never down, ever. Oh, and did we mention it has the economic security to back up the worldâs entire financial system? No big deal, right? But donât take our word for it-Captain GM (yes, that’s actually a person, not a spaceship) says ETH isnât fast enough for trading. It wasnât built for speed. Gasp.
âDonald Trump has turned the Oval Office into the worldâs most lucrative crypto startup-less Silicon Valley, more Silicon Shenanigans. Billions made, safeguards broken, and a side of pardons for fraudsters who crypto their way out of trouble. Meanwhile, Americaâs real issues-healthcare, food, troops-are just collateral damage in this criminal comedy.â
Now, as fires go, this one was caused by something as charmingly mundane as an “electrical switchgear failure.” Yes, folks, itâs the kind of thing that can happen when you mix heavy-duty mining with electrical equipment that probably hasn’t been given a good look in years. đ
