The press release, dated Friday, claims the funds will be transferred via BitGo, Kraken, or Payoneer. Because who doesn’t want to trust their savings to a trio of crypto platforms that probably still owe their parents money? 💸
Drumroll, please… 🥁 The crown goes to Bitmain’s Antminer S23 Hydro 3U, the Beyoncé of miners, clocking in at 1,160 TH/s and 11,020 W. It’s raking in $50.06 a day-basically a latte habit for the rich and hash-y. ☕ But hold your horses, it won’t hit the shelves until January 2026. Because, you know, suspense. ⏳
However, the market seems to be drawing some confidence from the fast-approaching “Uptober” season, with many expecting the Bitcoin price to witness some upward momentum in the coming weeks. The latest on-chain data has identified a critical level to watch if the market leader is to retain this upward bias. 🌈
According to the illustrious DefiLlama (because who wouldn’t trust a llama with decentralized finance data?), Aster clocked in a jaw-dropping $793 million in transactions over the past 24 hours. Meanwhile, Hyperliquid could only muster a pitiful $462 million. Poor Hyperliquid, the glory days are behind you, apparently.
$SOL, that once timid token, now dances with a 29.54% waltz over 30 days. At $239, it teeters like a drunkard near $240, clutching its last drink. The real drama? Consolidation-because nothing says “confidence” like hesitating to cross a threshold.
In the fleeting moments of today, let us observe the 1-hour Bitcoin chart, where the price languishes in a sideways drift-a faint, perhaps even tragic, descent. The candlesticks, they seem to tremble in uncertainty, with their small, frail bodies reflecting nothing more than the weak, fading will of the market. The range between $115,400 support and $116,200 resistance is a battleground of indecision, a desperate pause before the inevitable storm. Will it rise or crumble? Neither side seems to care enough to fight for victory.
As stablecoins strut about the crypto scene like peacocks at a pigeon party, other nations, notably Russia, have decided to conjure up their own magics, known to Muggles as central bank digital currencies (CBDCs). Our man Siluanov, with his finger ever-poised over the pulse of the digital ruble, sees the shimmering potential for budgeting betterment. As he mused at the esteemed Moscow Financial Forum, the grand stage for financial come-ons, the time will come in 2026 when this digital wizardry is set for its debut performance.
In a daring deal featuring $35 million in cold, hard cash (because who doesn’t love a bit of cash?) and another $366 million in “not exactly cash” digital assets that mainly consist of the shiny 0G tokens, Flora is officially rebranding itself as ZeroStack. But don’t fret! They’re keeping their Nasdaq ticker, FLGC, proving that even in the world of corporate identities, change doesn’t always mean change. 🙄
Tether, the stablecoin magicians, have whipped up yet another billion-dollar batch of USDT on Ethereum, according to blockchain sleuths at Lookonchain. This financial sorcery happened right after the Federal Reserve waved its wand and cut rates-because nothing says “stable” like printing money in response to monetary policy. Naturally, crypto Twitter is now drowning in hot takes about whether this means moon or doom. 🌕💥
Over the last 24 hours, the token stumbled from $0.94 to $0.89, a 7.93% drop that made traders clutch their wallets like a child holding a dying battery. Trading volume hit $205 million, a number so large it could buy a small island (or at least a decent espresso machine). Analysts, ever the optimists, warn that if the price dips below $0.89, it might sprint to the exits faster than a squirrel with a tail on fire. But if it leaps above $1.00 with the vigor of a caffeinated kangaroo, the market might just believe in magic again. Targets of $1.05-$1.15 loom like a mirage in the desert-distant, but worth chasing.
