Crypto news

Behold, the key to investment’s alchemy lies not in mere governance or utility, but in the token’s ability to siphon value for its holders-like a well-tended garden, not a barren field. 🌱

Analysts, those modern-day prophets, have outlined the next moves and the most important support and resistance lines. One can only hope they’re not prophesying their own demise. 🕯️

Wedson believes that every major altcoin bull run has been fueled by a large influx of new money. He points out that between 2020 and 2022, crypto and Web3 companies received billions in funding, which then spread throughout the market. He argues that without this significant investment, it’s much less likely to see altcoins rise together in a coordinated way.

The market for tokenized assets is just a tiny morsel-$35 billion, a mere speck of dust in the grand mansion of global assets-but Big Money is watching, drooling. With partnerships like S&P Global and FTSE Russell, Chainlink is cushioning its bets for when the old world finally catches on to the grand on-chain revolution, or at least the illusion of one.

Michael Saylor’s company, Strategy, once MicroStrategy, has embarked on a perilous journey, purchasing Bitcoin with the fervor of a man clutching a lifeline, even as the market’s tempest rages. 🌩️💸

The bulls are eyeing the throne, but they’re more interested in a nap than a battle 🐂. They’ve shown interest, but not enough to make the bears sweat. The bears? They’re lounging like they own the place. 🐻‍❄️

Maple, that cunning fox in the crypto henhouse, was barred from launching syrupBTC, that sly rival of lstBTC, and from trading CORE tokens without Core’s blessing. The court, ever the wary guardian, feared that Maple might spill the beans or gain an unfair head start-like a thief in the night, stealing the spotlight from a partner who once shared the same campfire.

In a spectacle of comic proportions, over the past day, $11.43 million marched into the Shiba Inu side of the ledger, while a nearly identical amount, $11.27 million, fled out-leaving us with a modest net gain of $162,350. Or, as I like to call it, the crypto version of a bad hair day-less than a wig, more than a shave. The inflow surged by 133%, which sounds impressive until you realize it’s just doggone complicated! 🐶📉

Bitcoin is showing its weakest conditions since the bull cycle began in early 2023, according to a detailed analysis from analysts at cryptoquant.com. With bitcoin now trading near $84,386 and down roughly 33% from its peak, the report outlines a set of technical and demand-based signals that collectively point to a strong bearish phase. 💸

Translation: people who bought low and pretended they knew what they were doing are now cashing out because, shocker, they want to not lose money. Who could’ve seen this coming? Probably everyone. But still, here we are.