According to Dyment, any data point suggesting bitcoin’s institutional popularity is fading is simply “missing the big picture”—by which he means, the giant swimming pool of rich people still prepping their floaties.
Momentum, that great force of nature, is building in the hallowed halls of Washington, as lawmakers and industry leaders converge, like moths to a flame, to shape the future of U.S. crypto regulation 🔥. Ripple CEO Brad Garlinghouse, that stalwart champion of digital innovation, has announced on the social media platform X (because, of course, one must be seen to be modern 📱) that he will testify before the U.S. Senate Banking Committee on Wednesday, July 9, during a hearing titled “From Wall Street to Web3: Building Tomorrow’s Digital Asset Markets” 📈. The hearing will be webcast live, because, in this brave new world, one must be seen to be transparent 📺.
Hyperliquid remains resolute on the weekly chart, printing its second consecutive green candle and hovering near the top of its recent range. The price has been oscillating around the $39 to $40 zone, consolidating just below local resistance around $41.
Now, you may ask, what is the total supply of these PUMP tokens, you inquisitive soul? Well, let me tell you, it’s a whopping 1 trillion tokens, which, when fully diluted, gives us a valuation of approximately $4 billion. Quite the sum, wouldn’t you agree?
In a recent post, Javon Marks stated that the Shiba Inu price has formed a clear Bullish Divergence with its Moving Average Convergence Divergence (MACD). He further remarked that this points to a nearly 180% upside for SHIB to rally to $0.000032. Marks added that this may only be the start of a much larger positive reversal for the meme coin. 🤑
But wait, there’s more! The SEC has graciously allotted 35 additional days for those brave souls who wish to submit rebuttal comments. It’s almost as if they are hosting a public debate, except it’s all done on paper and no one actually listens. A truly heartwarming process! And let’s not forget, they’ve done the same thing with other spot Solana ETFs in the past—just another day in the SEC’s world of “Who Needs Decisiveness Anyway?” 📝
Picture it: May 13th. Our protagonist — known in the wilds of BitcoinTalk as the shadowy and slightly Randian “John Galt” — reports the big move: a cool 100 Bitcoin (BTC) migrating from the safe embrace of a brass-and-bling Casascius bar into a newfangled hardware wallet. For those blissfully unaware, Casascius bars and coins are the sort of thing that cause both collectors and pickpockets to swoon — tangible tokens with secret keys nestled away under a sliver of film, like the prize in a particularly lucrative chocolate bar.
On June 24, Ukrainian President Volodymyr Zelenskyy arrived at the NATO summit in The Hague wearing a black military-style jacket, collared shirt, and matching trousers, an outfit immediately described as a “suit” by Reuters, BBC, the New York Post, and even Polymarket’s own social media account.
With ETH currently feeling rather peckish at the edge of the upper boundary of its consolidation zone, one cannot help but wonder if this marks the onset of a newfound bullish escapade for the universe’s second-largest cryptocurrency. Spoiler alert: cosmic intervention may be required! 😅
The Senate Banking Committee will hold its crypto market structure hearing on July 9, and Garlinghouse says he’s “honored to be invited.” 😜
