The cause of this sudden reversal? None other than the trifling matter of diplomatic tensions over Greenland, renewed threats of trade tariffs (how tiresome!), and the news that Kevin Hassett, a policy dove of some note, is to remain in his current role rather than ascending to the lofty position of US Fed Chair. One can only imagine the consternation this must have caused in the drawing rooms of high finance.
The big brains at NYSE, owned by Intercontinental Exchange Inc., are marrying their trusty order-matching tech with private blockchain networks. The goal? Real-time trading, funding, and settlement of tokenized securities. Executives are buzzing like bees around a honeypot, promising a launch later this year-SEC willing. 🐝
What, you ask, is this Hashrate? ‘Tis the sum of all mining power, measured in hashes per second (H/s), or, for the more refined palate, exahashes per second (EH/s). A barometer of miner sentiment, it swells with profit dreams or shrinks with despair. Yet lo! This month’s chart from Blockchain.com paints a portrait of desolation. 📉🎭
Ladies and gentlemen, gather ’round! The crypto circus has struck gold again, with exchange-traded products pulling in a staggering $2.2 billion-more than a bag of shiny rocks in a gold rush! 🪙💸 Mark my words, this is the most thrilling week since the invention of the wheel (or at least since the last Bitcoin rally).
Tim Draper is a familiar face in crypto circles, a man who has long played the role of the prophet in a land of skeptics. During an episode of the Divot podcast, he maintained that “bitcoin against the dollar is a really good bet,” a statement so confident it could make a seasoned gambler blush. 🤑
Dogecoin, the meme-born jester, briefly flirted with $0.15 last week-because why not?-before slinking back below $0.13, burdened by the weight of profit-taking peasants. Truly, a tale of two coins. 🎭
Yet, amidst this torrent of wealth, Bitcoin, our dear BTC, lags behind like a sleepy bear in winter, while gold and silver frolic in the sun, gaining 70% and 150% respectively. 🦄 Bitcoin, you poor dear, you’ve stumbled a bit, falling 6-7%, but fear not! This is but a momentary hiccup, a comedic interlude in your grand saga. 😂
Behold, Bitcoin, the once-mighty king of coins, hath fallen by 2%, now languishing near $93,100. And Ethereum, its faithful but fickle companion, hath tumbled nearly 4%, to a paltry $3,215. The market data speaketh, and it is not a pretty tale. 😢
HBAR’s brave attempt to defend that sacred $0.10 level was like a knight charging into battle-mostly successful, with a bounce that makes you wonder if the market is finally waking up from its nap. The previous decline was a vicious romp, but now, our friend at HBAR is trying to craft a double bottom-a pattern so predictable it’s practically a trader’s inside joke. Will it end in triumph or just another plot twist? Stay tuned! 🎢🧐
On a Monday that shall remain unnamed (for reasons of existential dread), the New York Stock Exchange-keeper of gilded clockwork and parchment-bound dreams-announced a new platform for tokenized securities. Why? To inject the frenetic, caffeine-fueled energy of crypto into the stately waltz of traditional stocks. Should regulators nod in approval, investors may soon trade equities and ETFs at any hour, even while the moon lingers slyly above Manhattan. 🕰️