This breakout is not just a technicality; it’s a spectacle, a grand performance of surging momentum and an RSI that has climbed to such dizzying heights that it might as well be on a mountaintop, waving a flag of speculative victory. But, one must ask, is this a sustainable rally, or merely a fleeting moment of glory before the inevitable return to the mundane?
According to a rather official scroll—the U.S. Securities and Exchange Commission (SEC) filings, no less—our enigmatic amigo Thiel now possesses quite a bundle of shares: a staggering 5,094,000 common stocks in Bitmine. This may seem like a fanciful number, but it’s merely a reflection of Bitmine’s tantalizing pivot to an Ethereum-centric treasury, echoing with a curious familiarity the melodrama of Bitcoin’s own strategies.
In a move that could only be described as “last-minute inclusion,” Arbitrum has made it onto PayPal’s esteemed list of supported chains for PYUSD—sitting beside Ethereum and Solana like a kid who’s just been invited to the popular kids’ table.
Fartcoin (FART) is currently consolidating between major support at $1.05 and resistance at $1.45, forming a high time frame trading range. A recent rejection from resistance has led to a correction, but price is now approaching a critical support level that, if held, could set the stage for bullish continuation and an eventual breakout to new highs. The setup remains structurally bullish, as long as $1.05 support remains intact. One might say, it’s a matter of holding one’s breath and waiting to see if the market can hold its own. 🤔
Seems like Midas is committed to creating infrastructure for financial systems that anyone can access, ensuring compliance and offering composable yield products. 💸📈
One savvy address devoured 68,141 ETH ($213.8 million) via a stylish little platform called FalconX, while two more stashed away a whopping 106,000 ETH from Kraken. You know, just casual dinner purchases! 🥴
Cohen, the wise and somewhat whimsical leader of this grand adventure, proclaimed that the retailer was open to a myriad of cryptocurrencies, but hadn’t yet chosen a favorite. “Why, crypto is more than just a shiny coin to collect,” he declared, with a twinkle in his eye. “It’s a hedge against inflation, a tool for utility, and a way to keep the financial goblins at bay!” 🦕💰
Over the past month, Pi Coin has tumbled around like a toddler trying to walk for the first time. The poor thing can’t even manage to stay above those crucial psychological levels! There have been more failed attempts to breach the $0.50 mark than a cat trying to catch a laser pointer. And now, here we are—Pi has slipped nearly 3.5% in just seven days! That’s a plunge that makes you want to throw your hands up and yell, “Why, Pi, why?” 🤦♂️
This impressive growth is largely attributed to AI tokens, with projects like Bittensor, NEAR Protocol, and Internet Computer capturing the attention of investors, as evidenced by their recent price surges. It’s like a beauty pageant, but for cryptocurrencies. Who will be crowned the queen of AI tokens?
As news of the US CPI whisperings fluttered about, igniting the flames of anticipation, our friend Bitcoin found itself ensnared in the grip of overzealous buyers. The S&P 500 sputtered, a woeful fall of 0.4% caught in its clutches, while the Nasdaq, clad in modernity, shrugged it off and marched forth. Perhaps the market might pause to breathe, if the forthcoming PPI didn’t add more fuel to this fiery discourse. (Because who doesn’t love a good market melodrama?)