Crypto News

Let’s take a gander at the top five weekly gainers based on price performance:

As XRP teeters on the edge of the $3 mark, its market cap a staggering $170 billion, Asakura points to the token’s expanding global adoption and long-term utility as the reason for its success. Banks and institutions, it seems, are finally taking notice. And why not? XRP’s role in cross-border finance is nothing short of strategic. 💸

In a most astonishing turn of events, Kraken hath declared it shall bestow upon those unfortunate victims of the illustrious Pump.fun token sale a most coveted airdrop of $PUMP tokens. Alas, many were thwarted in their desire to procure these precious tokens, leaving them in a state of dismay.

This staggering sum would place Satoshi as the 11th richest person on earth, just ahead of Michael Dell’s $125 billion and trailing Sergey Brin’s $140 billion. However, it seems that Satoshi has no intention of cashing in on his fortune, as moving those coins could potentially crash the market. Thus, his wealth remains trapped in the digital ether.

According to an analyst, if the price can close above $3, it could quickly climb toward its all-time high near $3.40. 🤑 But for now, the $2.80 to $3.00 range is acting as a major hurdle. This zone has historically been a strong resistance area, both from past price action and key Fibonacci levels. Until XRP breaks through this, the price may continue to struggle around these levels. 😒

In what can only be described as a geopolitical display of “Look Ma, no hands!”, Bhutan’s sovereign investment fund, Druk Holding and Investments, made waves on Wednesday by lobbing 213.5 BTC (worth about $23.73 million) into a Binance deposit address. This marks two weeks of hearty transfers from the land of the Thunder Dragon—perhaps they’re hoarding Bitcoin like it’s a limited edition collectible trading card. Who knew the Himalayas could be so economically adventurous?

Now, let’s talk momentum, shall we? When XRP decides to make a move, it’s like a toddler chasing a puppy—can go up or come crashing down faster than my hopes of seeing a unicorn. Right now, it’s clearly strutting its stuff upward, having recently fought its way through the key resistance area between $2.55 and $2.62. Next stop? The magical land of $3—where dreams, rainbows, and hopefully profits live! 🌈💰

The issue, dear reader, lies in Nintendo’s approach to piracy prevention. Each game cartridge contains a unique cryptographic key that Nintendo’s servers monitor. When the company detects the same key being used simultaneously on multiple consoles, it assumes piracy and automatically bans all systems involved—no questions asked, no investigation into legitimacy. And thus, dmanthey’s console was left in a state of digital purgatory, unable to access the eShop, download purchased games, or engage in online multiplayer services.

The company, which had the audacity to suspend withdrawals back in May, was placed into special administration last week, much to the surprise of no one who’s been paying attention. According to a Sunday report from The Telegraph, the writing was on the wall, and it was written in red ink.

But what’s behind this frenzy? Is it the promise of easy riches, or the thrill of participating in the next big thing? 🤔 Pump.fun’s platform is designed to be accessible to anyone, regardless of technical expertise. It’s a democratization of the meme coin economy, where anyone can create and trade their own tokens 🤑.