Apparently, Invesco Galaxy filed this thing back on June 25, 2025, like it’s some kind of time capsule. 📜 They’re all about that spot exposure with staking rewards, which sounds fancy but let’s be real-it’s just crypto trying to act grown-up. Unlike Bitcoin or Ethereum ETFs, this one’s all about SOL, the blockchain that’s like the Usain Bolt of Layer 1s. 🏃♂️💨
According to Glassnode-which, I assume, is just a fancy way of saying “people who stare at charts all day”-their “Percent Supply in Profit” metric for ETH just hit 98%. That’s the kind of number I’d want on my cholesterol test, but here it means basically everyone’s sitting on a bonus, except for the one guy who somehow bought ETH during a solar eclipse or something. 📈
Born in 2015 as a “safe communications system” (whatever that means), Gleec later pivoted to a full-blown blockchain ecosystem on a Bitcoin fork. 🍴 Its 21 million GLEEC tokens are here to save emerging markets, one IBAN at a time. Or so they say.
His words sent the yen soaring like a TikTok dance trend and Bitcoin sky-high like a meme stock. USD/JPY dropped 0.5% to 146.72, and Tokyo stocks? They’re now in a breakup spiral after a two-day record rally. 💔
It was Deebeez, a security researcher from Venn Network, who first waved the flag on this debacle, making a post on X (formerly Twitter) to enlighten us all. Apparently, Coinbase’s corporate wallet, in a spectacular display of trust, decided to engage with 0x’s “swapper” contract, which, as the name suggests, is a tool for executing swaps, but not, you know, receiving token approvals. Who would’ve thought?
In the wake of this brave new bull move, a sense of optimism has rippled through the meme coin universe, with Shiba Inu ($SHIB) now eyeing the tantalizing $0.00002 mark. It too has decided to make a bold statement with its breakout-possibly triggering a spike in enthusiasm that could be rivaled only by a cat video going viral.
Anyway, this whole optimistic vibe has made some companies, shall we say, *bold*. Thumzup Media, a company I’d never heard of before (but which apparently has “strong political ties” – always a good sign 🙄) has decided to throw a hefty $50 million at the whole crypto thing. Fundraising, mining operations, the whole shebang. A bit much, isn’t it?
Cardano (ADA) has finally moved above a descending trendline that had been holding it back since late 2024. 📈 This move came with a weekly gain of over 22%, which helped ADA surge to just over $1. The trendline break appears on strong volume, showing firm activity around this level (because momentum is everything).
“ETH is *the* macro trade for the next 10 to 15 years,” gushed Fundstrat’s CIO Thomas Lee, probably while sipping a latte and staring at charts. “AI is turning the blockchain into a token economy, and Wall Street’s jumping on the bandwagon like it’s the last helicopter out of 2008.” 🚁💼
Following a most unseemly tumble, Cardano found solace near the seventy-six and a half cent mark – as Bitcoin and Ethereum, in their wisdom, also did. And lo, it conquered the eighty and eighty-five cent strongholds!
