At press time, XRP traded at $2.29 after tapping a local high near $2.33 – a retracement that may serve as a classic support retest, often seen after breakout confirmations. One does hope it’s not a case of ‘too soon, too soon’, darling.
According to the Foundation, Reeve lets ESG-aligned institutions and public agencies publish auditable, verifiable financial records directly on-chain 📊. This tool also integrates with ERP systems and is designed to eliminate the opacity and inefficiencies of siloed databases 💻.
In an interview with the Financial Times, Gerovich revealed his grand plan to build one of the world’s largest BTC treasuries, because, as we all know, one can never have too much of a good thing. 😏 He likens the current state of Bitcoin to a “gold rush,” and Metaplanet is determined to strike it rich.
On July 7, the Charting Guy (I’m starting to think he’s a superhero) released a technical analysis of the XRP/BTC trading pair. And let me tell you, it’s like he has a PhD in predicting the future. 🔮 His report shows a zoomed-in fractal overlay of the current XRPBTC price action with a pattern from the 2017 rally, and it’s like they’re identical twins. 👯
One cannot help but admire how the company pursues this experiment in “shareholder-oriented management”—for what better way to align with your investors than to tether your own wallet to the turbulent sea of cryptocurrency? If Bitcoin falls off a cliff, at least you can console the CEO with a cup of green tea and the knowledge that shareholders, too, are plummeting beside him. 🍵📉
When the law comes into force, the HKMA (Hong Kong Monetary Authority) will begin receiving applications to obtain a license. But here’s the twist: it’s believed that initially, only a handful of licenses will be granted. Some insiders whisper that the number of licenses to be issued could be as few as the spots on a ladybug.
On July 8, straight out of frosty Minneapolis, SharpLink practically shouted from the rooftops: “We are now the proud owners of 205,634 Ethereum tokens!” For added flavor, they went shopping for an extra 7,689 ETH at an average price of $2,501 per piece—because who doesn’t enjoy a little retail therapy?
Lubin believes that the Ethereum story is all about making money and demonstrating the power of decentralization. 💰💰💰 “We believe that we’re going to see Ether and Bitcoin continue to rise over the next years and decades as we paradigm shift to more and more decentralization,” he says. 🚀🚀🚀
U.S. stocks were mixed on Tuesday, July 8, as renewed trade tensions weighed on market sentiment. The Dow Jones Industrial Average fell 108 points, or 0.24%, amid growing investor concerns over potential new tariffs. Meanwhile, both the S&P 500 and the tech-heavy Nasdaq Composite posted marginal gains, rising 0.08% and 0.18%, respectively.
Under this feverish moon, whispers coil about the possibility of a Solana ETF, a financial beast as real as the bureaucrat’s signature on doomed forms. The SEC, that eternal gatekeeper, waves its rubber stamp and shouts from the mountain: “Revise! Resubmit! By July’s end, or face the void!” Analysts croak approval, sipping black coffee in cluttered Bloomberg cubicles. James Seyffart, who knows the taste of hope mixed with regulatory dust, calls this ritual “a positive signal.” Somewhere, the gods of finance chuckle.