Apparently, Jerome Powell’s replacement is gonna be the market’s new punching bag. Lee says, “The market always tests a new Fed.”
Yeah, because nothing says “welcome to the job” like a correction. It’s like throwing a rookie into the Super Bowl. Good luck, buddy.
Key Takeaways
This disagreement took flight after our dear friend Charles Hoskinson, the illustrious leader of Cardano, had the audacity to cast a critical eye towards Brad Garlinghouse, the captain of the XRP ship. It appears that Garlinghouse’s support for the aforementioned legislation didn’t sit well with Hoskinson, who promptly took to the digital airwaves to air his grievances. Little did they know, this spat was just the appetizer before the main course of crypto drama.
In its 2026 Thematic Outlook, BlackRock has boldly slotted cryptocurrencies beside AI and geopolitics as forces of chaos and wonder. The company winks at Bitcoin, Ethereum, and stablecoins, declaring them not just coins but “essential infrastructure” for the financial world’s next great adventure. Imagine a world where your cash doesn’t shuffle through banks but dances on blockchains-how delightfully bonkers.
Ondo Finance has expanded its tokenized securities business by launching Ondo Global Markets on the Solana blockchain, because why not turn your stock portfolio into a blockchain experiment?
In the weekly timeframe, the SOL/USD pair has gone and broken below a multi-year rising logarithmic support trend. The recent rejection around $147 has confirmed a more bearish outlook in the midterm. I mean, it’s enough to make a chap spill his tea, isn’t it?
Ethereum (ETH), that darling of the digital realm, has plummeted to a low of $2,970, a decline of 40% from its zenith. This retreat, it seems, is not isolated, for the cryptocurrency and stock markets have all taken a turn for the worse, no doubt influenced by the tempestuous winds of geopolitical risks.
Yet lo! The price, in a fit of pique or perhaps divine intervention, rallied-not with the feeble whimper of a dying star, but with a vigor sufficient to close above that cursed line. Thus, the 88% descent into the inferno of $0.21 was averted, though one might wonder if the coin merely delayed its inevitable rendezvous with ruin.
The Bitcoin price movement has turned bearish as the crypto market becomes increasingly volatile, but investors are demonstrating an encouraging trend. A clear indication of the encouraging trend from BTC investors is their renewed willingness to hold onto their coins rather than sell them off. Imagine a group of people refusing to sell their lottery tickets, even as the jackpot keeps growing-except here, the lottery is a cryptocurrency that’s somehow still not a bubble.
Two things matter more than your ex’s Instagram posts: XRP payments and transactions. They’re not guessing games-they’re real money moving, baby! Payments hit 1.346 million, and transactions? A whopping 2.57 million. That’s not wallet-shuffling-it’s a heist movie where the vault is finally cracking open. If this isn’t a continuation phase, I’ll eat my hat… and my dignity.