qfx

Doubling block capacity is easier than bls vote aggregation economics

Unlike those chaotic past cycles where retail went bananas with hype, this time it’s flipped on its head. Retail’s dumping their coins like yesterday’s news, while the heavy hitters are hoarding BTC like it’s the last bagel at a Brooklyn deli. Hilarious, right? 🤣

Now, one must ponder upon the implications of this bold endeavor: with this strategic purchase, the ever-watchful Semler has amassed a formidable trove totaling 5,021 BTC. Can you imagine the joy—or perhaps the despair—of those poor souls left behind in the wake of such a tempestuous journey through the virtual marketplace? 🧐

Le président de cette noble compagnie, Brad Garlinghouse, a annoncé avec un sourire triomphant que RLUSD, l’équivalent numérique du bon vieux dollar américain, a décroché la première place du classement des monnaies les plus dignes de confiance. Par qui, me direz-vous? Par une agence prestigieuse, Bluechip, qui décerne ses fameuses notes ‘A’ comme dans « pépère, ce coin-là! »

BTC $118 692
24h volatility: 0.1%
Market cap: $2.36 T
Vol. 24h: $54.47 B

While Bitcoin sashayed past a dashing $123K (oh, how the mighty tumble and rise!), these fledgling crypto projects are poised to steal the show—more profitable than jammy old Bitcoin, if I dare say. 🍸💰

Imagine piling on leverage like a kid climbing a tree, thinking he’s got a good grip, until the branch snaps. That’s what a long squeeze does to traders who bet big that prices would go higher, only to find out they might’ve overplayed their hand. As prices started falling—like apples off a falling tree—they hurried to exit their positions, often at a loss, causing the market to slide even further. It’s less about folks flipping bearish and more about those whose shorts were unlocked and sent packing.

In a magnificent display of political sportsmanship, Brazilian lawmakers are preparing to add a new chapter to their illustrious history of debate—this time, concerning the legality of Lula’s grandiose tax plan. Local reports suggest that, due to the utmost relevance of this hot potato, a riveting showdown is set for the halls of Congress. What could possibly go wrong? 💼

Cramer’s change of heart mirrors the erratic dance of economic commentators, who weave tales of government profligacy and Bitcoin’s meteoric rise, as if the two were joined by a cosmic string. The Kobeissi Letter, ever the dramatist, notes a $316 billion deficit in May—a record as impressive as a toddler’s finger-painting. 🎨📈

Meanwhile, over at OKX, traders are running for the exits like it’s Black Friday at Walmart. 🏃‍♂️💨