So, Bitcoin’s latest rally hit a wall just shy of its 200-day moving average on Wednesday, teasing us with a near-$83,300 kiss before rolling over like a dramatic teenager. CoinDesk reports that this failed attempt has everyone side-eyeing March 2022, when Bitcoin briefly pretended to be grown-up and then proceeded to have a quarter-life crisis, sinking to $20,000 by June. Thanks for the trust issues, babe.
In a YouTube video that’s less “market update” and more “existential crisis,” Cowen dives into the historical patterns of Bitcoin’s bear markets. It’s like reading tea leaves, but with more math and fewer herbal infusions. “In 2014, Bitcoin set a low in April and the next low wasn’t until October,” he says, as if we needed another reminder that time is a flat circle of financial despair.
Dogecoin (DOGE), that mischievous pup of the crypto litter, currently fetches a price of $0.11, with CoinMarketCap placing its live price at a slightly more precise $0.1128. Its 24-hour trading volume, a robust $2.66 billion, ensures it remains a player in this grand game of financial charades. This valuation bestows upon it a market capitalization of $18.9 billion, securing its place among the top 10 cryptocurrencies-a position as precarious as a tightrope walker in a hurricane.
During my research, I noted that sentiment hasn’t shifted much. At Consensus Miami 2026, Arthur Hayes made a strong point: he believes most altcoins will likely fail, ultimately going to zero. He argued that the primary factor determining which few survive will be access to real-world money – fiat liquidity – and not necessarily the projects themselves.
Let us not forget the recent security breach, a comedy of errors involving a third-party provider. User emails and 2FA phone numbers were exposed, though, mercifully, no wallets or funds were touched. One imagines the hackers, having rifled through the digital drawers, sighed and muttered, “Nothing of value here,” before slinking away. The team, ever the optimists, has since been “upgrading infrastructure” and pursuing legal action-because nothing says “we’re serious” like a lawsuit against a shadowy third party.
Ondo announced that this test transaction marks the first time a tokenized US Treasury fund has been redeemed across borders and between different banks in near real-time. The goal was to demonstrate how redeeming these tokenized funds can go beyond simple digital transfers and connect directly with existing banking systems used for international payments.
Gross profit increased significantly to $30.1 million, compared to $8.2 million during the same period last year. This growth was primarily driven by a surge in colocation revenue, which reached $77.5 million. This represents a substantial increase from $8.6 million in the first quarter of 2025, as the company successfully provided more power capacity to its customers.
Key support levels: $1.4 (because even XRP needs a safety net)
The company claims these bitcoin sales were to fund capital expenditures and other cash needs, continuing the trend of miners selling BTC to fund their AI fantasies. How utterly predictable.