As the winds of regulation shift favorably, accompanied by a surging demand for stablecoins, Citi’s ambitions lay bare the rapid metamorphosis that big banks are undergoing in their embrace of the digital. It’s as if the once-distant shores of blockchain have suddenly come within reach, and they’re diving in headfirst—swimming trunks optional.
There we go, a new high for $ETH / $BTC.
This signals that #Altcoins are the play for the coming period, as those will follow Ethereum in the momentum.
The breakout at 0.02425 was crucial.
Our protagonist, in cahoots with an international band of scoundrels hailing from Ghana, Nigeria, and Ireland (because who wouldn’t want to mix tax evasion with a holiday?), decided to spin a web of intrigue that dazzled even the most seasoned of con artists. Why go straight when you can take a delightful detour through the world of identity theft and fraudulent refunds, eh? 👀
This year alone, they’ve pocketed a neat $52 million, with Coinbase swooping in with nearly half of it. Talk about a relationship! 💖 They’ve accumulated more cash than they actually spent during the whirlwind of 2024, and trust me, it was a wild ride. Over $130 million was poured into congressional races to pump up the pro-crypto gang while kicking the anti-crypto brigade to the curb.
In a recent appearance on CNBC’s Squawk Box, Cohen, with a twinkle in his eye, revealed that the company is exploring the use of crypto for payments in its collectibles segment, particularly for trading cards. “There’s an opportunity to buy trading cards and to do so using cryptocurrency,” he mused, adding, “We’ll see how much there is on the actual demand side for that kind of product.”
According to multiple news reports, citing unnamed sources, Blockstream is expected to contribute up to 30,000 Bitcoin to Cantor Equity Partners 1, a special purpose acquisition company (SPAC) that raised $200 million in January. In return, Blockstream would receive shares in the Cantor-backed vehicle, which is set to be renamed BSTR Holdings. 🏦📈
“If ETH breaks bullish and remains bullish against BTC, there is a 99% chance BTC Dominance has topped,” Hyland proclaimed in a mysterious X post on Tuesday, as if casting a spell over the crypto markets.
Apparently, this could all change! Lee suggests that the rise of stablecoins (which could be a euphemism for “money that doesn’t cry in the corner”) and Wall Street’s obsession with tokenizing everything from grandma’s knitting patterns to real-world assets is cranking up demand for ETH. He confidently stated that upsides are coming – whatever that means. 🙄
With the bears sharpening their claws and buyers taking a step back, the question on everyone’s lips is: Could an 8% dip be the next chapter in this grand saga? 🐻💰
The state has formed a new project, the California Breakthrough Project, to explore the wonders of blockchain, AI, and Web3 technologies in the realm of public services. The task force, which has already convened at the headquarters of Ripple in San Francisco, includes major tech companies such as Snap Inc. and Anduril.
