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Mark Selby
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BINANCE FOUNDER CZ SAID NATIONS WILL PRINT UNLIMITED MONEY TO BUY #
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Can $XRP Really Hit $589 Next Year? $XRP , the native token of #Ripple , has always sparked bold predictions. Recently, some analysts and community voices suggested that XRP could skyrocket to $589 within the next year. Such a target sounds exciting but also highly ambitious. For XRP to reach that price, it would require an unprecedented market cap far beyond current levels, making it a very unlikely short-term scenario. However, long-term believers argue that if Ripple’s adoption in global payments continues, XRP could still see strong growth. In simple words: $589 next year seems unrealistic, but$ XRP has potential for solid upside if adoption rises and the crypto market expands.
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#Bitcoin Climbs to 1.7% of Global Money as Fed Signals Rate Cut #Bitcoin has reached a new milestone, accounting for 1.7% of global money supply before U.S. Federal Reserve Chair Jerome Powell signaled an upcoming interest rate cut. The announcement marks a turning point in global financial markets. Lower rates generally encourage more liquidity, pushing investors toward risk assets like crypto. Bitcoin’s growing share of the global monetary base highlights its rising role as a store of value and hedge against inflation. Analysts say a sustained rate-cut cycle could drive more capital into Bitcoin, potentially strengthening its long-term adoption as a mainstream financial asset. In simple words: as the Fed eases policy, money could flow faster into $BTC
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Fosun Wealth Holdings Teams Up with DBS to Distribute Tokenized Notes Partnership formed: Fosun Wealth Holdings will now distribute tokenized structured notes created by DBS Bank, Singapore’s biggest bank. What these notes are: They’re special financial products tied to cryptocurrency prices—investors can earn payouts when crypto values rise, while having a built-in safety net if markets dip. Why it matters: Blends traditional finance with blockchain—Fosun adds another innovation to its wealth services, while DBS continues expanding its tokenization offerings. More accessible investing—Investors get a way to tap into crypto gains without actually holding digital assets. Growing interest in tokenized assets—This move reflects rising confidence and clarity in the space, though it still comes with crypto-related risks.
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🌉 LayerZero Acquires Stargate — DAO Gives Green Light ✅ Key Highlights 🗳️ 95% DAO approval for the deal 💰 $110M acquisition — each STG → 0.08634 ZRO (~$0.1675 STG, $1.94 ZRO) 🔄 STG will be deactivated; token swap starts Monday ⚔️ Wormhole’s $120M cash offer rejected in favor of LayerZero’s long-term strategy 🔗 Ecosystem Impact LayerZero strengthens its cross-chain dominance Stargate becomes part of LayerZero’s ecosystem ZRO Token gains new traction from STG migration ⚡ Takeaway The community chose strategic growth over quick cash, giving LayerZero a major boost in the cross-chain battle.
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🌐 NFT Market Weekly Update: Trading Volume Drops, Activity Rises The NFT market just had a shaky week — overall trading volume fell 26% to $134M, but surprisingly, more users are joining in. Here’s the breakdown: 📉 Market Highlights Total Sales Volume: $134M (-26%) Active Buyers: 450,096 (+26%) Active Sellers: 321,107 (+26%) Transactions: 1.65M (+6.3%) 👉 Less money changing hands, but more people trading NFTs than before. --- 🔗 Chain Performance Ethereum: $60.7M (-41.6%) BNB Chain: $20.6M (+10.6%) Polygon: $16.1M (+37.9%) Solana: $7.5M (-13.6%) Mythos Chain: $9.7M (slight increase) 💎 Top NFT Sales (CryptoPunks) Punk #1082 — 80 ETH (~$351K) Punk #2596 — 72.99 ETH (~$316K) Punk #5477 — 66 ETH (~$286K) ⚡ The Takeaway Even as dollar volume dips, the NFT community is growing stronger — more buyers, more sellers, and more trades. This hints at a shift toward smaller, more frequent transactions rather than only big-ticket deals.
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Latest News
Whale's Ethereum Position Shows Significant Profit
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Musk Announces Grok 2.5 Model Open Source Release
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NFT Market Experiences Significant Decline in Weekly Trading Volume
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LayerZero's Acquisition of Stargate Approved by DAO
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Fosun Wealth Holdings Joins DBS Bank in Distributing Tokenized Notes
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