This graduate course, my dear readers, was no mere stroll through the tulip fields of speculation. Nay, it grappled with the weighty tomes of Rothbard’s monetary theory and Mises’ critiques, all while dissecting the technological entrails of Bitcoin. The question was not whether Bitcoin matters-oh, the audacity!-but how much it matters, and how it dares to reshape money, markets, and management. A true revolution, or so they say! 💰
The XRP price is currently floating around the $3.01 mark, a 2% increase over the last 24 hours, with the highest point reaching a respectable $3.02. This triumphant leap over the $3.00 hurdle was powered by a formidable buying frenzy and a staggering $6 billion in 24-hour trading volume, a clear indication that the cavalry has arrived and the battle for higher ground is on.
China’s corporate behemoth, with a valor that might rival Prince Andrei’s, is quietly ushering energy infrastructure valued at over 60 billion yuan ($8.4 billion) onto the blockchain. According to a September 9 report by Bloomberg, Ant Digital has been diligently collecting data from wind turbines and solar panels, uploading it to its AntChain network with the fervor of a peasant harvesting wheat. 🌾💻
The 1-hour chart for bitcoin exhibits the sort of whimsical behavior only a digital asset can muster. After peaking at $113,279, it recoils, showing faint bearish pressure that resembles a cat swatting a mouse-slightly menacing but ultimately ineffective. Micro support clings near $110,624, while eager buyers attempt to ascend higher, perhaps imagining a chandelier of gold at $114,000. Intraday resistance is visible between $113,200 and $113,500, a veritable glass ceiling if ever there was one.
Whispers of optimism echo through the digital taiga, as both assets, armed with technical and fundamental analyses, are said to be poised for ascent. But in this world of zeros and ones, can hope alone sustain them? 🤔
But let’s not get carried away, shall we? Rapid gains are like cats-adorable until they scratch your face off. The signs suggest a pullback is lurking, but don’t panic just yet. It’s less “the sky is falling” and more “time for a nap.” 😴
So, according to the daily chart (which is basically a mood ring for crypto nerds), $SOL’s been crawling up a wedge pattern since April. April feels like a decade ago, but for $SOL, it’s only just managed to escape the embarrassing $100 local bottom. Now we’re parked at the $219 resistance-imagine staring at a locked bathroom door after a questionable street taco. The top of the wedge is basically looming like a parent at a wild house party. If $SOL gets shown the door here, there’s some cushy support at $202 to break the fall. In other words, a classic “cry, reset, and pretend you’re fine” moment for momentum indicators.
At this very hour, XRP tradeth at $3.07, a modest 4% rise, yet enough to stir the hearts of traders. The $3 mark, a psychological fortress, hath fallen, and optimism doth bloom like a spring tulip. 🌷 But pray, what forces drive this madcap rally?
So here we are again, crypto enthusiasts (and skeptics), watching the market rally like it’s auditioning for *Strictly Come Dancing*. With the Fed’s big decision looming, everyone’s suddenly acting like they’ve got a crystal ball. Spoiler: they don’t. 🔮
“From a first-principles basis, global liquidity… drives risk assets,” Coutts opines, with the solemnity of a man who has seen the inner workings of the financial machine and lived to tell the tale. His analysis, built upon the foundations of central-bank balance sheets, global money supply, FX reserves, and the shadowy underbelly of commercial and shadow banking, reveals a connection so profound that one might almost call it a conspiracy. Yet, he warns, “Markets are non-stationary… The correlation itself is a moving target, so I wouldn’t get too tied up in charts where you’re fine-tuning the lag. That lag period will change all the time.”
