The Associated Press, that trusty herald of the news, declared Mamdani the victor on Wednesday. He trounced the likes of former Governor Andrew Cuomo (running as an independent, no less!) and Republican Curtis Silwa. Mamdani’s campaign, you see, was all about the bread-and-butter issues-rent, childcare, and the like. His solution? Tax the top 1% until they squeal like stuck pigs. 🐷
So, Trump pardons CZ, the crypto kingpin, and suddenly the US is the “cool kid” in the blockchain playground. 🏫✨ But here’s the kicker: Trump claimed he didn’t even know who CZ was a week ago. Now he’s his biggest fan? Sure, Jan. 🤔 Meanwhile, the White House is like, “Biden’s crypto war? Over. We’re the blockchain BFFs now.” 🫂
Yet, let us not forget the giants of this realm: Tether’s USDT, with its $183 billion, and Circle’s USDC, at $76 billion. Compared to these behemoths, RLUSD is but a flea on the back of a financial elephant. Still, its rapid ascent suggests that Ripple has somehow convinced the world to take this seriously. The circulating supply is split between Ethereum ($819 million) and the XRP Ledger ($203 million), as if the universe demanded such complexity. 🌌🤦♂️
The next support levels for Dogecoin are at $0.15 and $0.13, but traders should be prepared for a deeper correction if BTC loses the psychological $100k level. A descent into the abyss, where even the bravest bulls tremble. 🌌💸
Davis, bless his heart, pointed out a laundry list of reasons for this crypto calamity. Apparently, exchange-traded funds (ETFs) and those big fish investors known as whales have been selling like it’s Black Friday at a fire sale. Fear, he says, is reaching a fever pitch, and we’re entering the “capitulation phase”-which sounds like something out of a bad spy novel but is actually just investors throwing their hands up and saying, “Fine, take it all!” 🙌💥
This coin, once as invincible as a tank and twice as shiny, has now officially begun its waltz into correction territory, dropping more than 22% from its peak earlier this month. Honestly, it’s practically doing the limbo – how low can you go? The betting folks at Polymarket now fancy a 51% chance that Bitcoin might stumble further to $90,000 this year. Just a month ago, that was a mere 11%. The market’s mood swings are more dramatic than a Galsworthy heroine on a bad day. 🎭
Rising Open Interest? Check. Taker Buy dominance? Check. Buy-side strength pushing ZEC like a hot potato toward the $500 mark? Double-check! Let’s just hope this whale doesn’t need a lifeboat if things get rough. 🦈
And just when you thought he couldn’t get any more dramatic, Shytoshi Kusama surprises us all with an update that is nothing short of theatrical. His bio now reads like a manifesto: “Founder. Innovator. Visionary. Here to prove the liars wrong. Tune in.” Whoa, bold words, right? He’s here to fight the bad guys and prove all those who doubted him wrong. But wait-there’s more! His location? “Watching the Blue Kachina.” Yes, you heard that right. It sounds like a mysterious, otherworldly vacation spot-or perhaps a secret lair where world-changing ideas are born. But what does it mean? Is he summoning the aliens? Or just preparing for something huge? Oh, the suspense is unbearable! 😱
MoonPay, ever the generous host, declared on X that they would bestow upon the worthy $1,700 in SOL, with ten lucky winners selected by the whimsical hand of fate (or perhaps a rogue dice-rolling algorithm). One imagines the winners will be as jubilant as a toad in a waistcoat after discovering a £10 note in their umbrella stand.
IREN, that audacious titan of Bitcoin mining and data centers, now perches at $75.3-a 1,200% leap from its nadir! Its market cap, a staggering $19 billion, would make even the most jaded capitalist blush. But let us not forget: this is a company that once eked out a mere $7 million in AI colocation revenue. Progress, indeed! 🚀
