This sage of finance, with a quill dipped in wisdom and irony, suggests that those steadfast souls, with knuckles white from gripping their coins, shall don the laurels of victory when the asset doth soar. On the fabled scroll of X, he doth beseech the XRP brethren to cast their gaze far beyond the immediate horizon and dream of triumphs yet unseen.
Meanwhile, Bitcoin strutted its usual stuff, still the surefire favorite, amassing a casual $2.4 billion in fresh cash, like the town’s old sheriff with a pocket full of silver. Ethereum, that old warhorse, quit bleeding red ink and managed to pull in $645 million, while spritely Solana showed off a respectable $198 million. Yet, in the shadow of giants, XRP’s growth-though less flashy in dollars-burned hotter and faster than the others, a small flame daring to challenge the prairie blaze.
Bitcoin (BTC), the undisputed monarch of this digital realm, was observed trading at the somewhat genteel price of $115,044, down a mere 0.40%-hardly enough to ruffle its perfectly tailored collar. Ethereum (ETH), ever the modest companion, slipped by 1.83% to $4,530.06, as if mildly vexed by the theatre.
But hold your horses, folks-while $DOGE is out here doing its thing, the gym-bro cousin of the meme coin family, Maxi Doge ($MAXI), is also showing up, flexing its gainz like it’s auditioning for a crypto superhero role. 🏋️♂️
Bitcoin (BTC) started the week at $111,900 and somehow convinced itself to jump to $115,600 by Friday (+3.3%). Ether (ETH) followed suit, climbing from $4,300 to $4,500 (+4.6%). Meanwhile, Solana (SOL) embarked on a joyride from $214 to $239 (+11.6%), because why not? 🚀
According to the data detectives at Lookonchain, Galaxy didn’t just toss this money in one spot. Nope, they spread it out across multiple exchanges on September 14 before parking it in Fireblocks, which sounds like a medieval torture device but nope-it’s just fancy crypto custody. They’re picking off Solana tokens in chunks from tens of thousands to hundreds of thousands at a time. Transactions worth millions each. Again, no big deal, just your everyday “Hey, let’s buy a small country’s GDP in Solana” type move.
In a delightful bureaucratic twist, the SEC has issued a notice stating, “We need more time to ponder the weighty matters of crypto futures.” Just what we needed-more time for contemplation. 🧘
On a Saturday, when most mortals seek repose, the Pakistan Virtual Asset Regulatory Authority (PVARA) issued its clarion call, as reported by the ever-vigilant Dawn. “This Expression of Interest,” proclaimed Bilal bin Saqib, the PVARA Chair and Minister of State for Crypto and Blockchain, “is our invitation to the world’s leading VASPs to join us in forging a transparent and inclusive digital financial future for Pakistan.” One cannot help but marvel at the grandeur of such ambition, though whether it be wisdom or folly remains to be seen. 🧐
Ah, dear readers, in a blog post-yes, the digital equivalent of a town crier on a Sunday-Nemo, in all its innovative glory, explained that a debt token strategy was preferable to actual cash because, lo and behold, they had a bit of a liquidity problem! But worry not! They assure us that every user shall cavalierly receive NEOM tokens equal to their fated losses, as if merely dressing the wounds with a shiny new band-aid will suffice!
Schiff, never one to mince words, has taken a swipe at the Fed’s impending monetary policy pivot. Analysts are chattering about a 25-basis-point rate cut, but our dear Peter reckons lowering rates in the face of rising inflation is like trying to douse a bonfire with a teacup. “The Fed is about to make a major policy mistake,” he trilled, as jolly as a magpie with a pocket watch. “Gold and silver are breaking out, but Bitcoin? Oh, it’s topping out. Time to change horses, HODLers!”
