News

In a recent dispatch of considerable import, Solana hath eclipsed the esteemed Ethereum in the domain of staking market capitalisation, a feat which kindles the fires of adoption with promising flames. Its growing ascendancy over other popular chains doth proclaim the altcoin’s rising favour in society. Nevertheless, a solitary “whale” of Solana, perhaps moved by caprice or cunning, hath unstaked a prodigious quantity of SOL tokens within but a few hours, thereby threatening to agitate the waters and stir volatility most unwelcome. 🐋🔥

And guess who stirred the pot? Vitalik Buterin, the Ethereum guy with the beard and the brain. He drops a blog post casually mentioning maybe swapping out the Ethereum Virtual Machine (EVM) for RISC-V. Everyone loses their minds. It’s like someone said, “Hey, maybe cats should fly.” Ethereum Twitter turns into a soap opera overnight.

A wallet linked to the Ethereum Foundation deposited 1,000 $ETH ($1.58M) to #Kraken an hour ago.

Then we have the new kid on the block: Bithumb A. A nice, neat little company that will oversee investments, asset management, and, of course, the latest craze in financial products. It’s almost as if they are saying, “Crypto is fine, but let’s dabble in other wealth-generating strategies. Because why not?” This fresh unit is coming into the world with a fanfare of excitement, on track for a July 31st launch.

Metaplanet, the Japanese investment company that seems to have an insatiable appetite for Bitcoin, has just bagged its third major acquisition. CEO Simon Gerovich confirmed on April 21 that they scooped up 330 BTC for a cool $28.2 million, at an average price of $85,605 per coin. This addition brings their total holdings to 4,855 BTC, worth a staggering $423 million—based on the current market, of course. Could this be a winning strategy? Or just a really expensive hobby? 🤔