Virtual Protocol [VIRTUAL] is in a bit of a pickle, with its price taking a nosedive of over 20% in just one week. The token’s troubles seem to be more than just a temporary glitch; they’re starting to look like a full-blown plot twist.
So, what’s the scoop? According to the latest gossip from July 25 (because yes, crypto drama is REAL), Galaxy completed this massive sale for a lucky Satoshi-era investor. Can you imagine being influential enough that your exit from the digital realm is considered *the* talk of the town? Apparently, this was all part of one savvy investor’s estate planning. I mean, nothing says “I have my life together” like planning your digital wealth from the 2010s. 📈🙄
Amid this chaos, a few RWA tokens are flexing their muscles, attracting whales and on-chain attention. Here are three coins that are hotter than a summer BBQ—unless you’re a bear. 🍖
The scholars of this report delved into the murky waters of onchain data, unveiling not only the scale of the heist but the alarming rapidity with which the nefarious funds flitted away through mixers, bridges, and the insidious bazaar known as centralized exchanges. Indeed, as they mapped the timeline of these digital calamities, it was discovered that laundering often occurs quicker than a conspiratorial wink—sometimes even before the havoc is revealed to the innocent victims.
Ether, that incorrigible optimist, remains bullish despite the crypto market’s collective hissy fit. Bravo, ETH! 👏
In a sprightly post upon the Friday winds of social media, Haseeb Qureshi, the managing partner bedecked in the robes of reason, extolled the virtues of their early espousal of Tornado Cash—a delightful open-source contraption that allows users to play peek-a-boo with their blockchain transactions since the golden days of August 2020. 🦋
Once an ardent advocate of this so-called cycle-based forecasting, encouraging the purchasing of Bitcoin during the accumulation by the fabled ‘whales’ whilst implying selling should coincide with the indiscriminate enthusiasm of retail investors, Mr. Ju now admits, “the pattern no longer holds.” One might say this gratitude for institutional financiers has led him to rethink his previous inclinations, perhaps as one might reconsider the wisdom of wearing a bonnet in a rainstorm.
At the time of writing, LINK is trading at $18.39, with a 1.16% daily gain—though one might argue it’s merely the ghost of bullish momentum whispering in the ears of traders. 🦄 The model, a most cunning alchemist, suggests that if the current structure holds, global capital flows could drive LINK toward the $60 region, where dreams are as plentiful as socks in a laundromat. 🧵
On a July day now etched in history, one might recall the illustrious Donald Trump, the president with his unmistakable flair, signing this act. But lo and behold! It has become a beacon, banning yield-bearing stablecoins in this great economic dominion. No sooner had the ink dried than the whispers echoed throughout the marketplace, predicting a surge in demand for nothing less than Ether (ETH), as well as Ethereum’s delightfully intricate yield-generating decentralized finance protocols. Who knew a legislative twist could incite such fervor? 🎩✨
The $0.49 zone has acted as a major pivot for Cardano over the past several months. With each retest, buyers have stepped in, producing strong recoveries. The fact that this level also aligns with the value area low further validates its importance. Now that ADA has reclaimed the point of control, bulls appear to be regaining control of the range. 🦄
