According to the scribes at crypto.news, Aethir (ATH) ascended to its 4-month pinnacle of $0.051 on Tuesday, Sep. 9, in the quiet hours of Asian dawn, only to retreat to $0.042 by the time the quills were dipped. 🖋️ At this modest sum, the DePIN token yet clings to a 68% gain from its July nadir. Its market cap, a mere $484 million, doth whisper of greater ambitions. 💰
So Dunamu-the mastermind behind Upbit, which by the way is kind of like the Korean Coinbase if Coinbase wore more expensive shoes-rolls out their own Web3 brand, GIWA, at a big conference in Seoul. Because nothing says innovation like waiting for applause in a hotel ballroom. đź‘Ź
In these curious times, when many clap merrily at the Trump Administration’s exuberant dance with crypto and stablecoins, reckoning it a genuine attempt to birth a new financial dawn, others squint suspiciously, wondering if the show is more spectacle than substance.
Lors de cette Ă©poque troublĂ©e oĂą le MESDINGUE nous gouverne, le noble MOVE s’Ă©chelonne entre $0.1144 et $0.1262. Tel un acteur en pleine tragĂ©die comique, il a grimpĂ© de 6% sur sept jours, mais reste quand mĂŞme en deçà de 11% depuis le mois dernier, et ouvre un gouffre de 91% par rapport Ă son apogĂ©e de $1.45 en dĂ©cembre 2024. 🦍
The pièce de résistance came last Friday when Representative David P. Joyce decided it was prime time to tell Treasury to figure out the “feasibility, custody, legal authority, and cybersecurity” of government-owned digital coins. And hey, let’s ask them to do it in 90 days-because that’s plenty of time in the glacial pace of government projects.
An analyst, presumably with a PhD in “Why Did I Trust This Market?”, points out that XRP traders are closing positions. Open Interest, the metric that tells us how many people are still in the game, is now down. It’s like watching a reality show where everyone’s suddenly decided to quit. 🎥
South Korea, once known for its K-pop and spicy kimchi, is now emerging as the world’s playground for new technologies like blockchain and AI. This isn’t just a coincidence; it’s the result of a perfect storm. Koreans, ever open to change, have embraced these innovations as if they were the new K-drama craze. But that’s not all-throw in a state-of-the-art digital infrastructure and a government that isn’t afraid to roll up its sleeves and regulate the chaos, and you have the ideal testbed for Web3’s future.
After a brief flirtation with the $200 support zone-during which Bitcoin and Ethereum were left looking like wallflowers at the dance-Solana sprang upward with the enthusiasm of a terrier chasing a postman. It cleared $205 with ease, then proceeded to smash through $212 as if it were a particularly flimsy paper door.
Hold your monocles, darling, because on September 8th, Eightco (NASDAQ: OCTO) unveiled plans for a rather generous $250 million Worldcoin treasury. Backed by none other than Bitmine’s $20 million investment and Tom Lee, the man himself, this announcement has certainly shaken things up. And, for good measure, Eightco also made Wall Street analyst Dan Ives their new chairman, because why not add a dash of Wall Street glamour to the mix? Naturally, Eightco’s stock rocketed a rather dramatic 5,600% on the day of the announcement. Oh, how we love a good surprise!
One finds the crypto chaps rather on tenterhooks, awaiting Thursday’s U.S. CPI figures. BTC, as I mentioned, is stubbornly refusing to budge above $111,600, and ETH is loitering around $4,298. The CD20, that rather important measure of digital assets, is up a perfectly respectable 1.6%, hovering above 4,000.
