Oh, Toyosa-a name that dances with exclusivity across Bolivia, serenading the likes of Toyota, Lexus, Yamaha, and BYD-has taken its place upon the stablecoin bandwagon. The groundworks lay in place for individuals to trade their notes for motorized delights, such as cars and the now-iconic motorbikes, not merely in Bolivian national currency, but with a sprinkle of global financial sorcery-namely, USDT!
Behold the alchemy of “Uptober”: September’s green blush, October’s red-letter day. In 2024, BTC moonwalked +7.29% into a +10.76% October waltz. In 2023, a modest +3.91% September was followed by a +28.52% October tantrum. The chart? A parable of greed, or a cosmic joke?
The crypto fraternity, a notoriously discerning bunch, has responded with the sort of polite skepticism one reserves for a particularly dreadful sherry. Experiences with Coinbase, it seems, are…varied.
Robert Kiyosaki, the man who wrote Rich Dad Poor Dad (a book that’s either life-changing or just really good at selling gold coins, depending on who you ask), is throwing confetti over a new executive order. President Trump, in a move that’s either genius or a masterclass in political theatrics, signed a directive to let 401(k)s play with digital assets, private equity, and real estate. Kiyosaki? He’s here for it. 🎉
Analyst Ali, who probably has a crystal ball or just a really good guess, says the asset’s sniffing around the $25 mark like a troll at a treasure chest. If it breaks through, we’re looking at targets of $26.17, $27.84, and $30.13. But, oh ho! A pullback to $23.3-24 is still on the cards. Current price action’s hovering near $23.6, and trading volume’s over $1 billion-more attention than a wizard at a hat convention. 🎩💰
In a September 19 post, X’s Global Government Affairs team declared, “We’ve been exposed!” (or so they claim). It seems some suspended crypto scammers, desperate to reclaim their digital glory, hired middlemen to sweeten the deal for employees. A most unseemly spectacle! 🎩
On the 19th of September, our digital sleuths at Onchain Lens unearthed the scintillating tidbit that the stablecoin sorcerer had audaciously minted another $1 billion in tokens on the illustrious blockchain stage of Ethereum.
The week started with HYPE swaggering about like Bertie Wooster at a country dance, but alas, the tempo has taken a wee moment to pause. That $52 to $53 zone has behaved like a reliable valet, catching any wayward price as it tries to dodge the dance floor. Still, if selling pressure decides to gatecrash, we might see a polite stumble down to the $50 mark-nothing catastrophic, just the market adjusting its cravat before the next dance.
Boasting a $138.89 billion market cap and a daily trading volume of $3.01 billion, BNB stands firm, a beacon of resilience in a sea of cooling market fervor. The question, my dear reader, is not *if* it will break free, but *when*-and whether we shall all be invited to the victory ball. 🎉
