In a groundbreaking announcement on September 1 (Thank heavens they remembered Wi-Fi! 🤣), Binance unveiled SB Seker as the new head honcho for its Asia-Pacific armada. His mission? To dodge legal landmines, chat up those regulators, and push the business into the stratosphere. 🚀
BTCBTC$109,647.44◢0.54%
Lubin’s thesis? “Stake, run validators, operate L2s/L3s”-basically, “let’s all get rich off the same 100x dream.” JPMorgan’s been “steeped in Ethereum tech since 2014-2015”? That’s like saying a toddler’s been “steeped in coffee” since 2003. 🧸☕
The Times of India, that venerable chronicler of chaos, reveals exchanges cloaking their greed in legalese, as if the fine print of their terms could transmute theft into virtue. Users, poor souls, are left clutching the husk of their rights-allowed only to sell, while the exchanges trade and lend their assets like a baron auctioning peasants’ bread. A dance of shadows, this “rehypothecation,” where coins are pooled and gambled, and the original owner? A spectator at their own feast. 🎭
This, dear reader, is but a natural consequence of Ether’s recent renaissance-a veritable phoenix rising from the ashes of mediocrity, doubling in price in a mere two months after languishing in the cryptoverse’s equivalent of a Dickensian workhouse.
Oh, what a splendid day at Metaplanet! 🎉 The squirrel-like executives have once again flung themselves into the great Bitcoin nut-stash, gobbling up 1,009 shiny BTC coins (worth a rather dashing $109 million). With this latest spree, their treasure trove now glitters at 20,000 BTC-enough to make a gold-loving dragon weep with envy. 🐉💎 One … Read more
Last week, we got the July PCE inflation report, which-surprise, surprise-did exactly what economists predicted. Inflation ticked up a tiny bit. Shocking! Meanwhile, GDP growth was bumped up from 3% to 3.3%. Big whoop. The economy’s chugging along like your uncle’s ancient car that somehow still runs.
Bitcoin [BTC], the ever-reliable protagonist in our financial drama, clings to key support as the market churns with indecision. Over the past week, it has managed to print two lower lows, with the 25th of August rebound attempt failing to stick. Much like a character in a poorly written play, BTC is struggling to find its next act.
Chainlink [LINK] is poised for a dramatic crescendo. Imagine a market ballet, with nearly 90% of the performers – or should I say, holders – applauding in profit, as the stage of exchange reserves shrinks to a delightful multi-year low. We stand on the brink of a supply concerto!
SHIB has been doing the technical tango inside a symmetrical triangle-imagine a really boring game of “keep away” with support and resistance levels getting closer since July. Currently, it’s like that friend who’s stuck in the middle of a dance floor, uncertain whether to sit down or leap-trapped within the triangle, waiting for that big, dramatic breakout. Interestingly, it’s still respecting its boundaries, which is just a fancy way of saying it hasn’t yet made a fool of itself by breaking out of line. Keep watching-any sudden volume spike or a close above the resistance might turn this sleepy puppy into a fireworks display. 🎆