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. 🦄
Enter Monad, this so-called redeemer of scalability, boasting 10,000 transactions per second and block times shorter than a sigh of relief. Crafted in C++ and Rust—because nothing says innovation like programming languages that sound like they’re from a bygone era—they position themselves as Ethereum’s sprightly rival, with fees so trifling you might forget they’re there. How quaint! 😏
Mark your calendars! The ZORA/USDT trading pair is trotting onto the scene today, aiming to enhance our collective trading experiences with the audacity of a cat demanding dinner. This pair comes with a bonus—up to 50x leverage! Yes, that’s right! You can gamble your virtual sheep at 50 times the normal whimsy. It’s about as dangerous as it sounds, so hold onto your hats, folks.
In a recent proclamation on the platform known as X—a modern tilting at windmills—Kiyosaki drew a most poignant analogy: to possess a crypto ETF is akin to strapping oneself with the picture of a robust weapon for self-protection. It may charm the eye, yet when the moment of peril arrives, it offers as much solace as a chocolate teapot. 🍫🚫 He concedes that, perhaps, these instruments might entertain the average investor by ushering them gently into the swirling seas of crypto markets. Still, his sentiment remains relentless and unwavering—that genuine security dwells not within the shadows of representation, but within the tangible embrace of the asset itself.
While the weekly chart still proudly boasts a 200% gain—an impressive, almost absurd feat—certain frantic technical and on-chain divinations allude to a potential second act, should one, just one, resistance level surrender like a knight in shining armor.
The NFT market is flexing its muscles 📈
