Crypto news

“Oh, dear XRP, its community strength is unmatched, for chiming a word against them provokes a reaction so vigorous it borders on madness!” Novogratz enthused, humorously noting that digressing against its followers is a surefire way to find oneself picketing at one’s own abode. “They adore their token with a narrative of payments, as soul-stirring as an ancient epic. Though it may not boast the frenetic pace of traceable activity that Solana enjoys, my word, does it matter? For in this instance, it’s the fervor and the fervent loyalty of its devotees that uphold its value.”

But lo, the wheel of fate turns, and even the mightiest must bow to its whims. Novogratz, in a moment of rare humility, has admitted his error. He underestimated not only the digital asset but also the fervent hearts of its supporters, the so-called “XRP Army,” whose loyalty knows no bounds. 🛡️

As the illustrious creator of Bit Gold, often hailed as a sort of ancient ancestor to Bitcoin (one might say the Methuselah of the crypto world), Szabo has chosen to plunge headfirst into the buffet of banter surrounding the Bitcoin Core v30 update and the eyebrow-raising $44 million Bitcoin shuffle that has the digital currency enthusiasts all a-flutter.

Behold, the mighty MrBeast, that modern-day Odysseus of the digital realm, who cast his lot with the cryptic winds of Aster, a token as enigmatic as a Gorky tale! 🧠💸 With a wallet as heavy as a Soviet-era brick, he splurged $320,587 USDT, a sum that would make a czar blush, to hoard 167,436 Aster … Read more

But hold your horses! 🤨 There are whispers of impending doom lurking around the corner. You see, pUSD is a fancy over-collateralized stablecoin, completely backed by DOT and taking a spin on the Honzon protocol, which hails from Acala – the very team that birthed the infamous aUSD, a project that went belly-up faster than a pancake on a Monday morning!

In a significant move, Hyperliquid has introduced permissionless spot quote assets on its mainnet. The feature creates automated trading of any token as a quote asset, and the potential for new trading pairs from Dutch auctions. The first stable asset to be deployed under this system is the USDH and HYPE/USDH trading has already gone live. The launch is a significant expansion of the protocol’s decentralized trading functionality and represents a step towards more open and equitable on-chain markets. 🤷‍♀️

Most importantly, this analysis assumes the universe hasn’t randomly reset Cardano’s roadmap. No guarantees, really.

The daily chart, a parchment scrawled with the whispers of market forces, reveals a bullish pennant-a fragile truce between ascending trendlines. Should the resistance at $3.50-$3.60 yield, as one might expect when a bear’s grip loosens, the path to $5.35 could unfurl like a red carpet for the ambitious. Yet, let us not forget: markets are fickle lovers, and even the most promising formations crumble beneath the weight of doubt.

Ark Invest’s illustrious CEO, Cathie, nonchalantly reiterates her faith in Bitcoin’s everlasting reign over the cryptocurrency realm. On the scintillating stage of The Master Investor podcast, she waxes eloquent about Bitcoin’s unrivaled security and its delightful rule-based nature, positing that it could, indeed, serve as a cornerstone for a global monetary system. Remarkably, she emphasizes that Bitcoin holds the dubious honor of being the only Layer 1 blockchain to emerge unscathed from the clutches of hackers – a factoid that sends chills down the spines of Ethereum enthusiasts.

Despite CZ’s golden touch (or is it a curse now? 🤔) and early hype, Aster’s feeling more like a deflating balloon at a sad birthday party. 🎈✨➡️🥺