In a press release that had us all on the edge of our seats, the company confirmed they’ve applied for “Truth Social AI” and “Truth Social AI Search.” We can only imagine the wonders these AI features will bring to the platform, like maybe a “Truth Bot” that can tell you if your post is truly truthful or just a load of hot air. 🔥
In a display of truly astonishing political acrobatics, the US House of Representatives marked Wednesday by voting on a motion to reconsider those slightly bruised and battered crypto bills that flopped less than a third-rate stage magician. As reported by the trusty NewsBTC, that Monday-before-last’s defeat was announced in a nail-biting 196-223 vote, where thirteen brave Republicans decided to join forces with the Democrats. Quite the plot twist!
In a move that could make your grandma start asking about blockchain, PAX Technology, one of the world’s largest payment terminal providers, has joined forces with crypto payment firm Lunu Pay. This partnership is like a tech marriage made in heaven, bringing digital currency acceptance to physical retail. 🛍️
Matador, a company that’s as much about Bitcoin as a cowboy is about his horse, announced on Wednesday that they have an interim goal of buying 1,000 Bitcoin (BTC) on or before 2026. Their grand vision is to accumulate 6,000 BTC by 2027, a number that’s as impressive as it is daunting. 🐎💼
Now, the companies are all set to break into the UAE market, as if it wasn’t already evident that demand for secure and compliant asset infrastructure in the region is skyrocketing. It’s almost like people want their money to be safe or something. 🤑
Bitcoin, the ever-restless, began its descent from the new all-time high at $123,200. It dipped below the $122,000 and $120,000 support levels, entering a short-term bearish zone, a place where dreams of higher glory are met with the cold reality of the market.
Despite the *grim* resistance from sellers, XRP has decided to be the stubborn mule of the crypto world, refusing to let go of its dream to breach the elusive $3 barrier. Breaking past $3.02 last week was a big deal, but *oh*, how it faltered, consolidating just beneath that critical milestone. The chart now resembles a *bullish cathedral*, with moving averages hanging high above like the distant hopes of a tired traveler.
The company announced on July 16 that it had entered into a securities purchase agreement for $60 million worth of the Binance token BNB (BNB), with Build and Build Corp leading the funds raise.
Our pal Bitcoin is holding onto its crown like a nervous king at a carnival! Despite the market playing musical chairs with investors’ sanity, the digital gold is still seen as a shiny shield against inflation. Ryan Cohen, the head honcho over at GameStop—yes, the same guys who made a circus out of Wall Street—says he’s got a real crush on Bitcoin as a fortress against fiat currency erosion. “I look at Bitcoin as a hedge against inflation and global money printing,” he proclaimed, probably with a cigar in one hand and a goblet of unseen riches in the other. 🍷
By a 215-211 vote, the House agreed to move forward with the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, which, if you can believe it, creates federal oversight for stablecoin issuers and could reach President Donald Trump’s desk by week’s end. 🤷♂️ Lawmakers also cleared the Digital Asset Market Clarity Act, establishing comprehensive crypto market regulations and clarifying roles for the SEC and CFTC, alongside a measure that, in a shocking twist, bars the Federal Reserve from issuing central bank digital currencies (CBDCs) directly to individuals. 🤯 Not a single Democrat representative supported advancing the bills, following a tense earlier procedural vote that initially stalled the effort on Tuesday, making it a real nail-biter! 🎬🔥
