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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! 🎬🔥

Now, it seems Trump’s got a bit of a grudge against Powell, what with him not cuttin’ interest rates and all. And let’s not forget that fancy-schmancy $2 billion renovation of the Fed buildin’! Why, that’s just a mighty fine way to get a fella’s goat, if you ask me. But some folks think Trump’s just tryin’ to get under Powell’s skin, like a pesky little brother. The thing is, though, that draft letter suggests Trump might just be serious about givin’ Powell the axe.

Now, let’s talk about this sturdy little number known as the 0.618 Fibonacci retracement, which sounds like something out of a wizard’s spellbook but is really just a fancy way of saying our friend Fetch.ai has some decent bounce-back potential. It’s not just a number—no, no! It’s the trampoline of technical analysis! When it hit the ground at the value area low, it made quite the scene, heralding the classic “I am a rubber ball” recovery. 🏀

Announced on July 16, the partnership positions Ripple’s custody infrastructure at the heart of Dubai’s digital property transformation. Ctrl Alt, a licensed Virtual Asset Service Provider (VASP) under Dubai’s Virtual Assets Regulatory Authority (VARA), will issue and manage tokenized real estate titles directly on the XRP Ledger.

Earlier, Figure attempted to go public during the administration of Biden. But the move was hampered as regulators raised concerns about the usage of the word blockchain in its filings. At this point, things appear to be improved. According to Cagney, the White House is more crypto-friendly now. This has made the company bold enough to take this step.

At present, Bitcoin is causing quite the ruckus within the crypto circus, currently priced at around $117,700—an impressive leap of over 12% this month! And with the ebb and flow of ETF funds, the bears have scurried off, leaving only bullish sentiments in their wake. 🐂

Our fearless Bitcoin pioneer is practically waving his arms in the air, like he just don’t care, urging newbies to make “the right choice.” Because, you know, who wouldn’t want to dive into a dizzying world of potential currency explosion?! 💣💰

Yet, amidst the sea of red signals, one beacon of hope remains. A key indicator suggests that the bulls, though seemingly vanquished, might yet rise to reclaim their throne. Should PI price ascend to the lofty heights of $0.47, the bearish forecast may be rendered as obsolete as a gentleman’s letter of introduction.

Now, let’s crunch some ridiculous numbers. In the past 30 days, large holder inflows have absolutely plummeted – think diving off a cliff with no parachute – down a staggering 95% to -12%. Outflows? They’ve decided to join the party too, dropping a delightful 97% to 52%. If you’re wondering, that’s basically like a bunch of whales deciding to pack their bags and move to the Bahamas. 🏖️ Sorry, SHIB, but these big fish have left you high and dry!

Pseudonymous trader Bluntz, a man of mystery with a following of 324,600 on the social media platform X, has his eyes set on the Pudgy Penguins (PENGU) and is predicting a rise of about 66% from current levels. This, he assures us, is all part of a grand five-wave surge, as dictated by the Elliott Wave theory. 🌊