Crypto News

During a cozy fireside chat with the Winklevoss twins—who, let’s be honest, look like they just stepped out of a tech-savvy fairy tale—Sacks admitted that while there’s no formal commitment yet, the bureaucratic gears are already grinding. He pointed to a March 6 executive order that allows the government to snatch up Bitcoin through civil or criminal asset forfeitures. Oh, the irony! The same directive also gives them the green light to buy Bitcoin, as long as they don’t resort to new taxes or inflate the national debt. Because who needs fiscal responsibility when you have crypto? 🤷‍♂️

Today, ADA is doing its best impression of a rock star: flashing a shiny $0.71 like it’s trying to get into an exclusive club. And with a 3.3% tumble in volatility, it’s basically the equivalent of a rollercoaster that’s only mildly terrifying. Market cap? A hefty $25.55 billion, because apparently, even mythological entities need big numbers.

According to the ever-so-reliable on-chain analytics firm Glassnode (who I assume has a crystal ball), the majority of Ethereum’s market cap is currently hovering just 0 to 20% above the spot price. It’s like watching a tightrope walker with a blindfold on—exciting, but you know it’s going to end in tears. 🎪

Trader @JamesWynnReal, the modern-day Midas, keeps adding to his $BTC long, now holding 5,676 $BTC ($622.6M) with a liquidation price of $108,010. A drop of just 1.53% will trigger liquidation. Will we see another crash targeting James Wynn? — Lookonchain (@lookonchain) May 27, 2025

According to the wise sages at Onchain Lens, this whale’s maneuver netted a tidy profit of $2.94 million. A year prior, this same whale had withdrawn 30,000 SOL valued at $2.95 million and transformed the entire sum into JitoSOL—a liquid staking derivative token. Talk about a financial metamorphosis! 🦋

In a recent post on X (formerly Twitter, because why not change names like we change socks?), Schwartz declared, “XRP has no issuer.” Yes, you heard that right! Brad Garlinghouse, the CEO of Ripple, is just a guy in a suit, not the puppet master pulling the strings of XRP. 🎭

With a 24h volatility: 2.1% and a market cap of $1.92 T, it seems like Metaplanet is all-in on this digital gold rush. They’ve amassed over 7,800 BTC for their Treasury, and guess what? Their stock price has skyrocketed by a jaw-dropping 224% in just a month. Talk about a rollercoaster ride! 🎢

What Increased Gas Limit Means for Ethereum

Just last week, propelled by an unseen force, Bitcoin ascended to a new all-time high (ATH) of $111,814, only to retreat, as if to catch its breath, to its current range. Over the weekend, it confirmed its breakout into the second act of its Price Discovery Uptrend, having successfully retested the $104,500 mark as a bastion of support.

While the grand circus of the crypto market continues to perform its bullish ballet, largely choreographed by the audacious leaps of Bitcoin, Ethereum seems to be doing a rather restrained waltz, leaving traders and analysts scratching their heads in bewilderment. Is it a dance of caution or merely a case of stage fright?