For years, SpaceX has held onto bitcoin like a toddler clutching a security blanket, never bothering to explain why. But now, thanks to their impending IPO, they’ll have to air their crypto laundry for all to see. Cue the popcorn.
Turns out, Schwartz’s plan to “support the project” involved handing over 20 BTC, which he then used to buy 40,000 ETH. Because why not? That’s the kind of confidence that makes you wonder if he’s a genius or just really good at playing the lottery.
Behold, the sage of the crypto realm, Joao Wedson, hath proclaimed on the X platform that the great whales of Ethereum-those leviathans holding between 100,000 and 1,000,000 ETH-have begun to shed their treasures. Not from exchanges, mind you, but from their private vaults! Are they fleeing in terror, or merely rearranging their trinkets? Wedson, with his prophetic gaze, hints at a deeper malady, a structural shift lurking beneath the surface like a Gogol nose, ready to detach itself at any moment.
Since mid-January, ETH has been on a downward spiral, closing each weekly candle with the enthusiasm of a deflating balloon. Bulls? More like bulls-in-hiding, as they’ve failed to defend key zones with the determination of a cat guarding a lasagna. The question on everyone’s mind: Has Ethereum hit rock bottom, or is it just getting started on its journey to the Earth’s core?
The overall market value of the sector has fallen to $150.1 billion, but the rate of decline seems to be slowing down. Investors are carefully monitoring important price points, as there’s increasing concern the market could fall further.
The Tron network, with its siren song of lower fees and faster escapades, harbored more than half of the frozen funds-some $1.75 billion. A testament to its rise as the favored highway for USDT’s peregrinations.
Google Cloud will be a vital partner, providing the underlying infrastructure and security for the network. They’re running a validator node and using their Confidential Computing technology to enhance data protection. Additionally, Google’s cybersecurity experts at Mandiant will closely monitor for threats as the network launches.
As tensions flare between Iran, Israel, and the U.S., crypto social media (a.k.a. X or Crypto Twitter) is losing its collective mind over the possibility of Tehran shutting down the Strait of Hormuz. They fear this could send oil prices soaring and destroy global markets, including poor little bitcoin.
Meanwhile, these attacks managed to generate hundreds of thousands in profit for others. Because, you know, that’s just how the world works, right?
Previously, through most of late 2025, volatility had stayed compressed between 0.42 and 0.45. At the time, it hinted at calmer trading conditions as the price gradually advanced on the charts, which is about as exciting as watching grass grow… if the grass were also a cryptocurrency.
