According to their August 4 disclosure, Metaplanet shelled out a cool ¥7.995 billion (or $55.17 million) to add 463 BTC at an average price of ¥17.27 million ($119,163) per coin. This shrewd maneuver bumps their total holdings to 17,595 BTC, now valued at an eye-watering ¥261.28 billion ($1.80 billion). (I’m not saying they’re about to buy a whole country, but one can’t help but be dazzled.)
August has a reputation for turning the altcoin market into an emotional roller coaster and a roller coaster that occasionally crashes into a paddling pool of profits. So naturally, the coin market is once again in a state of mild panic, gently asking if this year’s dip is just the beginning of another glorious breakout.
RippleX’s Mayukha Vadari swooped in like a crypto superhero 🦸♂️ to shut down the panic. “Relax, Karen. Your XRP isn’t going anywhere,” he basically said. Turns out, the ledger’s about as drama-proof as a reality TV contestant – it just keeps chugging along, no matter what’s happening backstage. 💪
The 1-hour SEI/USDT chart provided by analyst Gilanns illustrates a structurally weak setup dominated by repeated breakdowns and failed bullish attempts. A persistent series of lower highs (LH) and lower lows (LL) confirms that the prevailing trend remains bearish. 🦊📉
Ripple [XRP] endured what market analysts describe as “a good old walloping” following Bitcoin [BTC]’s dramatic plunge from a vertigo-inducing $119.8k. Since that fateful Monday, July 28th (possibly a Monday, definitely dramatic), BTC dropped a neat 5%—much like a misplaced decimal—and XRP thought it best to one-up with a 13.6% descent. If you’re looking for a race to the bottom, this is it. 🏁
The crew included J.D. Russell (a venture capitalist who probably has opinions about your life choices), Gökhan Erdem (entrepreneur, likely charming), Arvi Bahal (real estate investor, definitely owns nicer homes than you), Deborah Martorell (meteorologist, because someone had to explain why clouds don’t exist in space), and Lionel Pitchford (philanthropist and teacher, aka the wholesome one). Oh, and Justin. Who, by the way, dropped $28 million for this joyride back in 2021. Casual. 💸
Ah, the week that was—a delightful cocktail of market tantrums, government fiddling, and digital gold rushes. Who needs soap operas when you’ve got crypto? Buckle up, dear reader, for the latest escapades in this mad, digital world. Bitcoin, evidently having a bad hair day, took a step back thanks to macro fears, while Coinbase—ever the … Read more
Now, the crypto community is buzzing like a beehive on espresso, debating whether Bitcoin has already peaked. Spoiler alert: most analysts think it might still have a few tricks up its digital sleeve before it reaches its cycle peak. Because who doesn’t love a good rollercoaster ride? 🎢
On a fateful Friday, the Bureau of Labor Statistics (BLS), with a flourish of quill and ink, revised June’s job growth from a modest 147,000 to a paltry 14,000—a 90% plunge! 🪂 May’s figures, too, were slashed from 144,000 to 19,000, leaving us with a two-month deficit of 258,000 jobs. Oh, the humanity! 😭
Yes, dear reader, the fabled “decentralized governance” myth has taken root in the fertile soil of Cardano’s blockchain, thanks to the Chang and Plomin upgrades—a pair of digital revolutionaries who’ve handed power to the people, or at least to those with enough ADA in their wallets. 💸
