Unlike Bitcoin, Ethereum, or Solana (which have been on a crypto cruise since November), ADA has been stuck in neutral. Sad, but true. Yet, seasoned investors know that consolidation is crypto’s way of whispering, “Wait for it… *boom*.” And boom might be coming soon.
Ah, Citibank. The name alone sparks visions of aging bankers in crisply pressed suits nodding approvingly at each other’s “foresight.” Now, they’re plotting an ambitious leap into crypto custody by 2026. And no, this isn’t some abstract, dreamy venture; it’s a calculated response to US regulatory clarity and an insatiable institutional demand for secure crypto solutions. This move-oh, how sweet-marks a cataclysmic shift in Wall Street’s icy grip on the digital finance world. Citi’s putting its money where its mouth is, trying to show it can be a significant player in the vast ocean of blockchain and crypto innovation.
If this filing goes through (fingers crossed), TAO would join the club of public companies, having to report its every little move with fancy things like 10-K and 10-Q forms, complete with audited financials. And guess what? The 12-month lockup on private placements gets halved to just six months. Talk about a glow-up! 😎 Grayscale’s playbook here is basically copying their BTC and ETH success. It’s like they have a cheat code for crypto. 📈
And the altcoins? Oh, don’t get me started. They’re bleeding like my favorite mascara on a rainy date – BNB, MNT, ZEC, you name it, all double-digit drop-offs. It’s like they collectively decided to pull a Bridget and sabotage their own party. Eye-roll emoji incoming. 😒
According to the official announcement (read: their very serious tweet), this is a “time-boxed, adversarial competition”-aka a fancy way of saying, “You’ve got five weeks to break our stuff.” 🕒 Immunefi chirped:
Kenya is practically on the edge of history, waiting for that final tick from President William Ruto to make its first comprehensive law to regulate digital assets a reality. The National Assembly passed the VASP Bill at its third reading last week, and now, it’s a waiting game. The bill, when it becomes law (and it probably will, unless someone decides to start a revolution), will give the country’s rapidly growing crypto economy a proper, legal framework. Move over, the rest of Africa, Kenya is here to be the boss of digital finance regulation.
The island paradise of São Tomé and Príncipe (yes, it’s real, and yes, you should Google it) has just entered the world of high-tech investments by partnering with UAE-based IOPn. Together, they’ve launched a citizenship-by-investment program that’s powered by, wait for it, blockchain. Yes, you heard that right. Blockchain. That tech we thought was just for Bitcoin and memes. STP Service Advisory (STPSA) is in charge of making this futuristic dream a reality, and oh, how the UAE is flexing its digital muscles now! 💪
Not sure of validity. Hope someone can cross check.
It was a necessary stress test. Don’t worry, the crypto leaders are talking about it… probably. 🤷♂️
But what’s the real technical truth behind this controversy-and can the latest SOL Price FUD derail the network’s ongoing recovery? 🤯
