Crypto news

So, is DOGE finally ready to break out?

The American spot Bitcoin ETFs, with a persistence that borders on the absurd, have extended their winning streak to eight days, amassing a modest $223.2 million on Thursday. This, it seems, is taken as a sign of robust demand, though one might wonder if it is but a fleeting mirth in the grand comedy of the crypto market’s recovery.

In a document so serious it could make a statue weep, the BPI argues with fervor that dastardly money launderers and nefarious terrorist financiers are using cryptocurrencies more often than a drunkard uses fine wine to dull his senses. They lament that while banks must don their armor of legal obligations, crypto businesses prance about without such burdens-like jesters in a royal court!

Ethereum (ETH) failed to reach $2,500, and analysts are now divided on its short-term performance. Dogecoin (DOGE) remains the biggest meme coin by market capitalization, with some crypto commentators expecting a price explosion into undiscovered territory in the near future.

And what of this fabled CME gap at $82,000? A chasm, they say, born of the peculiarities of futures trading, where the traditional markets slumber during weekends, while the crypto world, ever vigilant, trades on without respite. This gap, my dear reader, is not merely a number but a specter haunting the dreams of traders, a phantom imbalance that whispers of fortunes to be made or lost.

Our illustrious friend, BlackRock, has made yet another substantial allocation of Bitcoin through its ongoing ETF-related endeavors. This fresh acquisition follows eleven preceding days of unyielding buying, culminating in a streak that would make even the most steadfast runner envious.

With great resolve, Brazil is tightening its grip on prediction markets, including the infamous Polymarket, as part of an endeavor to eradicate these services from its borders. This resolution, released on a seemingly ordinary Friday, ordered a cessation of operations for these platforms, declaring them non-compliant with federal gambling laws, according to a report by Bloomberg, which, let’s be honest, has seen better days.

The essence of GPT-5.5, they say, is its ability to “look at an unclear problem and figure out what needs to happen next.” Greg Brockman, the co-founder and president of this digital pantheon, proclaims it “way more intuitive to use,” a machine that carries the weight of labor with a grace that eludes even the most diligent of mortals. On Terminal-Bench 2.0, it scores 82.7%, surpassing Claude Opus 4.7, which lags behind at 69.4%. On GDPval, it achieves 84.9%, and on OSWorld-Verified, 78.7%. Amelia Glaese, the Chief Research Officer, declares it “definitely our strongest model yet on coding,” a testament to its prowess, or perhaps, a reminder of our own inadequacies. And yet, it operates with the same per-token latency as its predecessor, using fewer tokens to complete the same tasks. Efficiency, thy name is machine!

This means lithium is in a fine position on the longer-term chart. The market structure has transformed from a long, boring base to an uptrend with higher highs and higher lows-most of the last six months have been a delightful rollercoaster. The recent move suggests buyers are still clinging to the upper range-a retrace? Not a chance!

BlackRock’s IBIT Bitcoin ETF, that sprightly newcomer to the financial gala, has pirouetted into the U.S. ETF top 10 by weekly inflows, settling neatly at ninth place. This feat arrived as the market, in a frenzy of bullish bravado, funneled over $35.39 billion into U.S. ETFs, a sum so staggering it made even the most jaded hedge fund manager reach for the smelling salts.