Shiba Inu, that most thrilling of meme coins, has been on a bit of a tear lately, with a 17% price increase over the past week. Its market capitalization has exceeded a cool $8 billion, making it the second-largest meme coin, don’t you know? 💸
Now, cast your nostalgic minds back to the thrilling days of yore—more specifically, the second half of 2022, where Bitcoin’s price plummeted to the rather disheveled heights of $15,000. At that time, the volume was ramping up to a jaw-dropping $3 million, which was positively bustling with traders. Fast forward to today, and we find ourselves in a bit of a pickle, as the volume has taken a decidedly leisurely stroll, remaining stubbornly below the 500K mark, despite Bitcoin making a somewhat cheeky rise to new highs. Ain’t that just the way? 🤷♂️
Why should you care? Well, these unlocks might lead to market volatility and could also influence price movements in the short term. So, buckle up and let’s dive into the juicy details!
Nakamoto’s now waving hello to those billionaires like Michael Dell and Bill Gates, while giving us a reminder of the power of Bitcoin—and, of course, cranking up the curiosity about who the heck this guy really is! 😏
Over the past week, Hedera’s DeFi ecosystem TVL jumped from $151M to over $215M, with DEX volumes exceeding $80M. This means more users are adopting the platform and there’s more liquidity on-chain. Yay for Hedera! 🎉
In a press release, the digital asset-operating giants revealed that they issued a staggering 6,060,607 new ordinary shares—each one valued at precisely one pence! Yes, one pence! We’re all truly stunned by this level of financial wizardry. In total, the issuance has raised £1 million—or $1.34 million in capital funding. A small fortune, no? And all of it will go straight into their Bitcoin Treasury Strategy. Because, clearly, the more Bitcoin you have, the more successful you are in life. Isn’t that how it works?
In these fleeting eight years, what a metamorphosis it has undergone! From a mere wisp of a dollar — a childish sum that would barely buy you a cup of coffee — it now struts around the market at unimaginable heights, spiraling past $700. How wonderfully ironic it is that we shall now meander through this remarkable tale, recalling the humble beginnings of a token now as cherished as a long-lost friend.
The market appears to be licking its lips rather than becoming nervous at this particular stage of Bitcoin’s ascent. The Fear and Greed Index is at a score of 74, which is still in the Greed segment. However, at Bitcoin’s current rate of climb, a move into Extreme Greed may not be far off. 🤑
The program will distribute 300 limited-edition, co-branded hardware wallets to participants who use 1inch within SafePal’s mobile wallet swap aggregator, the companies said Monday. Unlike conventional airdrops – often gamed by automated bots and opportunistic users – this campaign intends to target committed, self-custody-focused participants.
Israel Salmen, the CEO of Meliuz, announced the news with all the fanfare of a Brazilian Carnival parade. “We’re in the final stages of listing our stock on the OTCQX Market in the U.S.!” he declared, his words dripping with excitement. And why not? After all, this is a company that’s accumulated nearly 600 BTC since its pivot as a bitcoin company back in May. 💸