According to this crypto wizard, Bitcoin’s current snooze fest-er, “flat correction”-mirrors the S&P’s pre-parabolic nap. 💤 After a 76% nosedive (ouch, my portfolio!), BTC is supposedly gearing up for its “and now for something completely different” moment. 🎭 But hey, what’s a 200% rally without a little drama, am I right? 🍿
If you ignore the short-term drama (because who has time for that?), the monthly Bollinger Bands are “bullish.” Translation: XRP is still clinging to $1.75 like a sunburned tourist to a beach umbrella. But hold your horses! To hit that mid-band, XRP needs to take a 16.65% dip. That’s $21 billion in market cap disappearing… which is just a fancy way of saying, “Enjoy your new financial therapy sessions.” And don’t even get me started on how long this could take-weeks? Months? Sounds like a crypto version of waiting for a Netflix update.
Three dollars, you say? A mere trifle, yet it holds the key to ATOM’s fate. Like a tightrope walker over the Volga, a dip below this level would send our dear altcoin tumbling into the abyss of invalidated breakouts. 🪜💔
The bitcoin price is little changed over the past 24 hours despite a wave of sell pressure across multiple crypto exchanges. Lookonchain revealed that one long-term holder shifted a $228 million stack of bitcoin to Kraken, while bitcoin miner MARA Holdings (MARA) transferred $58 million worth of BTC to Falcon X and Coinbase Prime. 🚀
Big news in the world of digital finance, folks. Bitwise Asset Management just dropped a bombshell: they’ve launched a spot XRP exchange-traded fund on the prestigious New York Stock Exchange. The ticker? $XRP. And trust me, this is a BIG DEAL in the world of cryptocurrency. It’s like the crypto version of a Kardashian entering the Met Gala-everyone’s paying attention.
The auditors, a French firm named Quarkslab (how very Gallic of them to pronounce it “Quarks-lab” with a wink), spent 104 days-longer than most folks wait for their coffee to brew-scrutinizing Bitcoin’s peer-to-peer layer and block validation logic. Their conclusion? The codebase is “the most mature and well-tested,” which sounds impressive until you realize it’s just 200,000 lines of C++ and 1,200 tests. A picnic compared to my Aunt Sally’s knitting patterns! 🧶
Avalanche’s subnets-think of them as the VIP lounges of blockchain-are seeing more action than a TikTok dance trend. In the last 24 hours? We’ve got gaming, infrastructure, and enterprise subnets all blowing up like your grandma’s secret cookie recipe on Christmas.
This burgeoning optimism, it seems, aligns most conveniently with the pro-crypto inclinations of the Trump administration and the US Securities and Exchange Commission (SEC), that most formidable of agencies tasked with the solemn duty of approving such financial contraptions.
Behold, the leviathans of the crypto sea are in a mood to distribute, not accumulate. Even the Bitcoin OGs, those ancient mariners of the blockchain, are pocketing profits as the ship lists dangerously. A spectacle, no? 🐳🤑
Mere mortals squabble over demand, inflows, and “momentum”-terms concocted to soothe the fickle masses. Yet Pi Coin’s dance upward whispers of fate, tempting the unwary to dance closer to its flame. Shall this momentum endure, or is it but a fleeting mirage? 🪄
