Crypto Flings

Here’s your 2-minute no-fluff roundup of what actually matters:
💰 Tesla’s Bitcoin Hits $1.2B After Rule Change
Tesla’s BTC stash surged in value as Bitcoin rallied 30%, now worth $1.2B.
The driver? A new FASB rule allowing companies to mark digital assets to market each quarter.
➡️ With 11,509 BTC, Tesla is now the 10th-largest public holder.
➡️ Q2 earnings: $0.40 EPS, in line with estimates.
📉 Market Pullback or Next Leg Up?
• $BTC around $117,959
• $ETH at $3,620
• SOL (-6%), XRP (-8%) cooling off
Meanwhile, global M2 money supply trends continue to back the long-term Bitcoin breakout thesis.
📜 Regulation Watch: Key Week Ahead
• Crypto Working Group report drops July 30 — could mention Strategic Digital Reserves
• U.S. Senate draft bill aims to modernize crypto: ICOs, token oversight & securities law in focus
• KeyBank joins Fidelity & BlackRock in launching spot crypto custody and trading
Regulatory clarity is finally turning real.
🏦 Institutions Are Coming — For Real
• 84% of GPs/LPs are optimistic about crypto
• 85% plan allocations in 2025
Fueling this shift: infrastructure, product-market fit & regulatory momentum
Fidelity just upgraded its BTC ETF to allow in-kind settlements — moving Bitcoin, not just dollars.
🔥 Solana: The Quiet Contender
• Joe McCann is raising $1B for a Solana-focused treasury firm after closing his previous fund
• Solana TVL is nearing ATH — a signal of renewed DeFi inflows
• Could spark a major capital rotation
Corrections don’t kill bull markets — they reset them. Stay sharp. 📈

Hey everyone, exciting times ahead! Asset Chain just launched its Incentivized Testnet, and this is your chance to be part of something truly game-changing. If you’ve ever wondered how tokenization could bring real-world assets like real estate or art onto the blockchain, now’s the time to get involved and see it firsthand.
What’s the Big Deal?
Asset Chain is all about making finance more accessible. We’re talking about a future where you can buy, sell, and trade real-world assets—fractional ownership, global liquidity, the whole package—right from your phone. It’s all happening on a mobile-first blockchain platform, so whether you’re a seasoned pro or just getting started in the space, this testnet gives you a front-row seat to the next era of decentralized finance.
How Can You Dive In?
It’s super simple, and fun too. You don’t need to be a dev or a blockchain wizard to participate—just some curiosity and a willingness to engage. Here’s how you can get started:
Create & Earn – Social CampaignLove creating content? Whether it’s tweets, memes, or videos, get creative and share your excitement about Asset Chain. Tag @rwaassetchain and get those posts out there. The more you share, the more points you earn!Transaction CampaignReady to test out the platform? Dive into transactions like swapping, staking, and bridging $RWA tokens. Every transaction you make helps strengthen the ecosystem and brings you one step closer to future rewards.Bug Hunt CampaignGot a keen eye for detail? Help us improve by finding bugs and giving feedback. This isn’t just about testing the platform—it’s about making it the best it can be.
Why Should You Care?
Because this isn’t just testing for the sake of testing. Every interaction you make earns you Activity Points, and those can be converted into $ASSET and $RWA tokens when the mainnet launches. In other words, you’re not just exploring the future of tokenized assets—you’re actively earning a stake in it.
So, What Are You Waiting For?
This is your chance to be part of something bigger than just another blockchain project. It’s about unlocking the full potential of real-world assets on-chain, and you can help shape that future. Want to learn more? Check out the full quest guide right here: Quest Program Link - https://assetchainquester.notion.site/Quest-Program-ed58c1694c224002919c4ee1faada517
Let’s get started—whether you’re here to create, test, or explore, Asset Chain is ready for you. The future of tokenized finance is calling. Are you in?
That’s it! Jump in, have fun, and make your mark.
About Asset Chain
At Asset Chain, we’re unlocking a tokenized global economy where every asset is on-chain, driving freedom and financial inclusion for all.
Outro: Asset Chain, incubated by Xend Finance—backed by Binance and Google—empowers developers and innovators to unlock the full potential of decentralized finance. As a mobile-first Layer 1 blockchain, Asset Chain delivers seamless scalability, high performance, and interoperability, providing the tools and infrastructure for building Web3 applications and tokenizing real-world assets (RWA).
We believe that everything is an asset, and our mission is to create a tokenized on-chain global economy that promotes financial inclusion and freedom for all. By democratizing blockchain technology and enabling developers worldwide, Asset Chain is driving the future of decentralized applications and reshaping access to financial services.
Useful links: https://linktr.ee/assetchain

While bitcoin is currently in a consolidation period, an analysis of past cycles suggests that gains can be expected after 2024’s halving event, one data firm said.source
<p>The post Crypto Traders Lean Bearish as Bitcoin Hovers Above $26K; DOGE, XRP Dip Most Among Majors first appeared on Crypto Flings - Crypto Flings News.</p>

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<p>The post Infamously Hacked Crypto Exchange Mt. Gox Delays Repayment Deadline by a Year first appeared on Crypto Flings - Crypto Flings News.</p>

“Over the past 18 months we’ve been investing in this space, we’ve continued to hire, we’ve continued to grow not only our business development and our go-to-market teams but also our product and engineering capabilities,” James Tromans, global head of Web3, Google Cloud, told CoinDesk TV in an interview last week. “We’re really beginning to show that we’re not just fly-by-night and not just here when the time is going well.”
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<p>The post Google Cloud Pushes Deeper Into Blockchain Data, Adding 11 Networks Including Polygon first appeared on Crypto Flings - Crypto Flings News.</p>

However, all that said, there’s something to the idea that the CFTC is using the levers of regulation to essentially wipe out predictions markets as an industry before it can even get going. There may or may not be something to the psychological and economic theory behind betting markets, but it is significant that a number of academics, corporations and even DARPA have at one point or another seen potential in the idea of crowdsourcing truth.
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<p>The post Americans (Seemingly) Aren't Allowed to Put This Economic Theory to the Test first appeared on Crypto Flings - Crypto Flings News.</p>

The case for greater transparency and verifiability in AI. But is decentralization the best way to achieve that and is feasible in practice? Jesus Rodriquez says the technical challenges are tremendous.source
<p>The post AI Should Be Decentralized, but How? first appeared on Crypto Flings - Crypto Flings News.</p>

IMX, the native token of non-fungible tokens platform ImmutableX, surged on Thursday, led by South Korean traders. The cryptocurrency rose 35% to 74 cents during Asian trading hours, CoinDesk data show. Major cryptocurrencies like bitcoin (BTC), ether (ETH), XRP and BNB traded 0.5% to 1% lower. The IMX price rally is accompanied by an over 22% increase in the 24-hour global trading volume, which rose to $556 million. The IMX-Korean won (IMX/KRW) pair listed on South Korea’s Upbit exchange accounted for nearly 20% of the global activity, followed by Binance’s IMX-tether (IMX/USDT) pair, which contributed 7% to the total volume, according to data source Coingecko.
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<p>The post First Mover Americas: NFT Platform ImmutableX's IMX Token Rallies first appeared on Crypto Flings - Crypto Flings News.</p>

“Indeed, since 2019, Congress has considered more than a dozen proposals that would provide a coherent and workable framework for crypto assets and their trading platforms,” the filing said. “Critically, none of those proposals would confer sole regulatory jurisdiction over the crypto industry to the SEC. Despite this, the SEC now seeks to expand its authority and filed this lawsuit, asserting claims against Binance Holdings Limited (‘BHL’) and Changpeng Zhao, among others.”
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<p>The post Binance, U.S. Affiliate, Changpeng 'CZ' Zhao File to Dismiss SEC Lawsuit first appeared on Crypto Flings - Crypto Flings News.</p>

The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 22, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.source
<p>The post First Mover Americas: Bitcoin Vapid; Toncoin Leads Weekly Gains first appeared on Crypto Flings - Crypto Flings News.</p>

Big Time’s creators, which include the former CEO of Ethereum-based virtual world Decentraland and several former AAA game developers, refer to its “player-owned economy,” where gamers can craft, trade or loot digital wearables and collectables in the form of non-fungible tokens (NFTs), driven by a native Big Time cryptocurrency, as they explore ancient civilizations and futuristic worlds.
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<p>The post Web3 Adventure Game Big Time Poised to Kickoff Its ‘Player-Owned Economy’ first appeared on Crypto Flings - Crypto Flings News.</p>

The newly-created position forms part of Galaxy’s aim “to aggressively scale our operations in the U.K. and Europe – a region that has committed to embracing the digital asset future and creating the necessary regulatory frameworks for our industry to operate within,” Novogratz said in an emailed announcement on Thursday.
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<p>The post Galaxy Digital Eyes European Expansion With New Regional CEO first appeared on Crypto Flings - Crypto Flings News.</p>

Rage quitting was the talk of Noun town on Dec. 20, 2022, when the project’s two core engineers, Elad Mallel and David Brailovsky, introduced the controversial mechanism in a Twitter Spaces hosted by Noun Square, a media collective funded by Nouns DAO. They pitched it as a security backstop against a 51% attack, in which evil-doers who have seized majority control can force through malicious proposals, such as sending themselves the entire treasury.
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<p>The post A $27M Crypto Loss Reveals a Toxic Mix of Money-Hungry Traders and DAO Idealists first appeared on Crypto Flings - Crypto Flings News.</p>

“U.S. equity and rates markets have broken some very key levels on the back of this, and reflexivity can take over with the bearish thesis from here,” the QCP wrote in a Telegram market update. “This macro move could seep into crypto markets and take BTC lower with it, albeit with a lower beta as compared to other very stretched macro markets like the Nasdaq.”
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<p>The post Bitcoin Slides to $26.5K Amid Surging U.S. Dollar; Record-High Rates Are ‘Nightmare’ for Crypto Firms first appeared on Crypto Flings - Crypto Flings News.</p>

Christopher Jensen from Franklin Templeton tackles myths about crypto in the Crypto for Advisors newsletter.source
<p>The post Top 3 Crypto Myths Tackled for Advisors first appeared on Crypto Flings - Crypto Flings News.</p>

An ex-Alameda employee claims a trader at the firm punched in a wrong decimal which led to bitcoin’s 87% drop on Binance.US in 2021.source
<p>The post Bitcoin’s 87% Drop in 2021 Was Caused by Sam Bankman-Fried's Alameda, Ex-Employee Claims first appeared on Crypto Flings - Crypto Flings News.</p>

The 200-week and 200-day moving averages converge at $27,800, acting as an obstacle to further BTC price gains.source
<p>The post Bitcoin Holding Above $26K Is ‘Remarkable’ as Equities Take a Hit. What’s Next for BTC’s Price? first appeared on Crypto Flings - Crypto Flings News.</p>

Regulators said the plans weren’t in the public interest, after a court squabble involving rival service PredictItsource
<p>The post CFTC Denies Kalshi’s Plan to Let Users Bet on Control of U.S. Congress first appeared on Crypto Flings - Crypto Flings News.</p>

Calcium (CAL), a so-called dummy token created by the Shiba Inu team as part of a plan to renounce the bone (BONE) token contract, was issued by developers early on Friday. Over 50% of its supply was picked up by a bot shortly after going live as part of a planned move, and these tokens were live on the decentralized exchange (DEX) ShibaSwap.
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<p>The post Shiba Inu Developers Floated a Dummy Token and Now Activist Traders Are Making It a Real Thing first appeared on Crypto Flings - Crypto Flings News.</p>

Celo, which is ditching its standalone blockchain in favor of a new “layer-2” network atop Ethereum, had originally signaled plans to rely on Optimism’s OP Stack, a similar customizable kit to Polygon’s but using Optimism’s “optimistic” technology.source
<p>The post Polygon Emerges as Suitor for Celo’s New Layer-2 Blockchain, Competing With OP Stack first appeared on Crypto Flings - Crypto Flings News.</p>