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Wendy O
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AI is scary.
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Wendy O
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There is so much drama on the feed about 2 top coins and oh my heavens you should all be more concerned with advocating for RETAIL INVESTORS IN AMERICA! Bitcoin is literally trading above $100,000 so that is a plus.
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CME Group launched XRP and Micro XRP futures today -CME is the biggest derivatives exchange -XRP futures = 50,000 XRP -Micro XRP futures = 2500 XRP -Both are cash-settled -Past futures launches had mixed effects -BTC futures launch in 2018 marked the top of a bull market and allowed institutional shorting -ETH futures launch in 2021 didn’t stop its price from rising for months -CME launched SOL futures earlier this month -Coinbase launched XRP futures recently
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I could eat 483408349 cheeseburgers every day.
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Circle Explores Sale To Coinbase Or Ripple Despite IPO Plans Circle, the issuer of the USDC stablecoin, filed for an IPO in April but may not proceed with the offering. According to four banking and private equity executives cited by Fortune, Circle has engaged in informal talks to sell itself to Coinbase Global or Ripple. The company is seeking a valuation of at least $5 billion, which aligns with its IPO target. Ripple reportedly made a $4 billion to $5 billion acquisition offer that Circle rejected as too low. Coinbase, which has a longstanding partnership and revenue-sharing arrangement with Circle related to USDC, is viewed as the more likely buyer. Sources: The Block and Fortune
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IM GOING LIVE NOW AND MY SOLAR AND CAR IS BROKEN! Crypto things you might have missed: -XRP futures launch (ETF approval incoming?)👀 -BTC had its highest weekly close in history -JPMorgan to allow clients to buy BTC -@Cardano drama -RWA news (Solana + Base) -Senate expected to vote on the GENIUS Act today
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Latest News
U.S. Senate Advances GENIUS Act for Full Review
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Bitcoin(BTC) Surpasses 106,000 USDT with a Narrowed 0.54% Decrease in 24 Hours
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U.S. Treasury Unlikely to Announce Trade Deals at G7 Meeting
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SEC Appoints Katherine Reilly as Acting Inspector General
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Whale Withdraws Significant Bitcoin from CEX
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