The liquidations, oh the liquidations! In just the last 24 hours, we watched $3.8 million disappear into the abyss – most of it coming from the overzealous bulls who thought they could tame the market. And as if that wasn’t enough, another $800,000 was wiped out in just 12 hours, all of it from those who placed their bets on the wrong side of the market. You can almost hear the sound of despair from here.
The noble goal set by the Stellar Development Foundation (SDF), that altruistic nonprofit, is to build upon existing partnerships with the financial titans like Franklin Templeton and Wisdom Tree. Because who doesn’t want to play with the big boys?
At the Economic Club of Chicago—fancy place, not a hot dog stand—Powell made it clear he’s tougher to sway than a street performer who won’t drop the hat for Trump’s tweets. He warned that these high tariffs might crank up inflation like a bad band’s volume knob, putting the Fed’s double duty (fight inflation AND promote growth) in a pickle jar full of pickles.
So here’s the deal: Pi Network’s price has been struggling like a lost puppy caught in a storm. Between token unlocks and people grumbling about transparency, investors are feeling pretty uneasy. Not exactly the perfect recipe for a price surge, right?
According to the wise sages at Glassnode, Bitcoin’s Accumulation Trend Score has soared to a year-to-date high. At the time of writing, it stands at a modest 0.43—an indicator of growing demand, or perhaps just a sign that everyone is feeling a bit more optimistic today.
Enter Thierry Wizman, the global FX and rates strategist at Macquarie Group, who basically said, “Trump’s tariffs are like that party crasher who ruins your vibe.” Apparently, these tariffs don’t just mess with the dollar’s mojo as a safe haven during market freakouts, but they might also kick it off the throne of global currency dominance. Ouch. 🥴
As of now, those put options tied to XRP are costing more than calls. That’s like paying extra for a ticket to a movie you know is going to be a flop. 🎬
“Every big ETH bull run started chilling around or under this lower band (green) thing, meaning folks were scooping up coins like they were on a Black Friday sale,” the analyst says, probably to sound smart at dinner parties.
When those poor WazirX users pleaded their case, Justice Gavai sweetly replied, “We are not inclined to entertain the plea and representation may be made to the authorities and let it be decided in accordance with law.” Translation: “Go bother someone else, we have bigger fish to fry.” 🍵
As chronicled by the ever-watchful Lookonchain, this financial ballet began on the 12th of April, with Galaxy Digital sending ETH in a flurry of transactions. To date, they have dispatched approximately 58,000 ETH, a staggering sum that, at the time, was valued at a cool $92 million. Talk about a crypto conga line!