Crypto news

Now, don’t go thinking that just because the charts might suggest otherwise, Bitcoin is about to throw in the towel. Far from it! The recent rally in gold, one might argue, actually bolsters Bitcoin’s long-term case. After all, with gold futures breaking above the $3,500 resistance level, completing a multi-month consolidation breakout with all the flair of a matador at a bullfight, and backed by strong volume, it’s a sign that the market is on the move. 📈

Amidst this tempest, the pressing question on everyone’s lips was: where would Pi’s price venture next? Would it rise from the ashes, or sink further into the abyss? 🤔🔥

And a name, of course. There is always a name. A major player, they say, a shadow moving behind the curtain. Something, it seems, is explaining this rather…substantial reduction in holdings.

According to their announcement on Monday-because Monday’s the best day to make announcements, obviously-a whopping 1,009 BTC hit the cart and they reached 20,000 for about 16.479 billion yen (which I think is almost like $112 million). On the same cosmic day, they announced this fancy issuance of 11.5 million new shares last week, because of some investor, you know, flexing their warrant muscles to snag some stock. 🤼‍♂️

The industrious Hoskinson painted Leios as the keystone of a grand long-term endeavor to propel Cardano from the stultifying chains of consensus ceilings into a more liberating realm governed by network constraints. “The design objective,” he declared with serious understatement, “is to reach a one-minus-delta protocol, where barriers are not the shackles of consensus arrangements but rather those heaven-sent, network accords.” Carefully, the initial design sought to do away with unnecessary complexities, ensuring that various client teams could co-create something that, quite frankly, promised to be transformative, enabling iterative upgrades thereafter.

Picture this: a creature so ancient it remembers Bitcoin’s genesis block suddenly decides to swap its fish sticks for Ethereum. Result? 820,220 ETH-$3.6 billion worth-vanished into its wallet over two weeks. Bitcoin? Left holding the bag. 🐙

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. 🎭