Crypto News

DOGE and XRP are now on Base

Base is for everyone (yes, even you with the questionable wifi)

In a string of posts since June 3, Musk didn’t hold back, dubbing the bill a “massive, outrageous, pork-filled” monstrosity. He didn’t stop there—he’s practically accusing the lawmakers who signed off on it of committing treason against the public. Because, why settle for polite criticism when you can go full-on, nuclear meltdown? 💥

They call it “Unclaimed Property Laws,” but really, it’s more like “If you ignore your crypto long enough, we take it, and maybe you’ll notice later.” It’s like your ex showing up after years, taking the stuff you forgot you had. Only this time, it’s money. Or digital money. Or whatever it is. Anyway, the bill passed the Assembly 78-0—cause why not? Everyone loves giving away free stuff… or taking it. 🤷‍♂️

Recent reports from the wise scribes at CryptoQuant tell us these new whales aren’t just nibbling at the digital pie—they’re gorging on it. Over the last three months alone, their collective hoard swelled from half a million to over a million BTC, worth a tidy $63 billion. That’s right, billion with a b, folks. It’s enough Bitcoin to make even the most hardened miners spit out their coffee and wonder what’s next.

Now, behold! Pi trades at a modest $0.65, a modestly despairing figure, draped in red ink. Over seven days, it has plummeted 11%, a mere hiccup for a coin that once dreamed of the sky but now lingers below the 50 EMA—an ironic beacon in the shadows. The support at $0.6494 stands like a brave knight, guarding the hope of stabilization. But beware! Resistance lurks at $0.70 and $0.80, like distant mountains we aspire to conquer.

Assuming the original image remains where it was

Right now, XRP is clutching on to a support zone between $2.10 and $2.15 like it’s holding onto the last bottle of water in a desert. This temporary stability is like that moment when you think you’ve hit rock bottom, but the ground cracks beneath you. Still, a little break in the chaos never hurt anyone, right? But here’s the kicker—unless XRP manages to break some resistance levels, it’s still got that “downward spiral” vibe going on.

The poor coin started a fresh decline, dropping below $105,650, even daring to dip under $105,200, testing that treacherous $104,200 zone. A lowly dip to $104,279 was achieved—probably to see if anyone still cares. Now it’s lounging, consolidating losses as if it’s saying, “Well, I’m here, might as well stay.”

They sold off around 34 million shares — enough to make any banker’s eyebrows shoot sky-high — totaling a valuation of $1.1 billion. Bloomberg says the whole deal raised a whopping $6.2 billion; guess they’ve been countin’ their chickens before they hatch! 🐣

And guess what? This CAKE announcement comes fresh on the heels of regulatory drama clearing up at Binance in the US. Yep, after a prolonged court drama featuring lots of legal jargon, the SEC decided to play nice—well, at least for now. So, everybody’s feeling a little more confident that crypto’s not heading to the slammer anytime soon.