In a spectacle of governmental efficiency, Associate Justice Minister Nicole McKee revealed the shocking move on Wednesday. The ban on crypto ATMs comes hand-in-hand with a sparkling new cap on international cash transfers. It seems the Kiwi government has decided to overhaul its Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) regime with all the flair of a well-meaning bureaucrat. 🧐
But fear not, dear reader, for more than 40 companies are preparing to apply, and institutions from all over the world are welcome to join the fray. It’s a veritable free-for-all, a crypto Wild West 🤠! The competition is sure to be fierce, with the likes of:
This glorious achievement stands as irrefutable evidence of Solana’s superiority over its Layer-1 and Layer-2 competitors. Its ecosystem, ever-growing and increasingly adopted, continues to inspire confidence amongst even the most skeptical investors.
According to Brian Quinlivan, Santiment’s resident fun sponge, “It’s pretty clear that the crowd is starting to salivate over a potential $110K+ Bitcoin market value.” I’m picturing him saying this from a bunker made of spreadsheets, clutching his pearls.
The world’s largest digital asset (yawn) is trading above $108,900, and the CoinDesk 20 index is above 3,100, up 1.7%, because who doesn’t love a good decimal point? 📊
According to the crypto expert, Merlijn The Trader, the altcoin market may be on the brink of a historic breakout. The analyst, who is as sharp as a tack and twice as witty, draws parallels between the current cycle and those of 2017 and 2021. His chart, published on X social media, shows that the total altcoin market capitalization has reclaimed a long-term ascending trendline that had preceded previous vertical expansions during major bull runs. It’s like the altcoins have finally found the key to the bear trap and are now eyeing the exit with a gleam in their digital eyes.
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. 👯
