This decision came after an August 2 vote where nearly 74% of voters said, “Sure, why not?” Which begs the question: did they even read the fine print? Or was it one of those “agree to terms and conditions” moments?
In a stroke of genius (or perhaps mischief), crypto analyst Joao Wedson spilled the beans on August 2nd. He claims Bitcoin’s price is teetering on the edge of a cliff, thanks to the infamous Wyckoff Distribution model. 🧙♂️ This isn’t your average chart doodling—it’s a 13-phase masterplan where the big boys sell high and leave the rest of us holding the bag. How delightful! 🎩✨
The 1-hour chart, that fickle mistress, reveals a rounded bottom—a shape as elusive as a nobleman’s promise. Momentum, that phantom of the markets, stirs as buying volume swells on green candles, a spectacle as fleeting as a summer breeze. Resistance, those twin sentinels at $2.88 and $2.90, stands guard, while $2.80 offers a fragile embrace as short-term support. Scalping, that sport of the daring, may tempt the bold if the price retreats to the $2.82–$2.85 zone. But beware, dear trader, for a stop-loss below $2.80 is as necessary as a parasol on a sunny day, with targets between $2.95 and $3.00. 🌦️📈
Our hero William Quigley, a man with more blockchain credentials than a Swiss Army Knife, stepped into the spotlight. He explained that the GENIUS Act—signed by none other than President Trump (yes, the one who still thinks Twitter is a new kind of bird)—doesn’t actually require blockchain but sure as heck sets rules for reserve, redemption, and compliance. Basically, it’s like giving a cookbook to someone who can’t cook but still wants to make the perfect souffle—if the souffle was a stablecoin, and the cookbook was a vague set of guidelines. 🍰
The crypto market, a weary soldier in a never-ending war, now shows signs of faltering. Its knees buckle under the weight of its own hubris, and HBAR, the poor soul, is dragged into the abyss with it.
At last glance, Bitcoin lingered near $114,000, a 3.5% decline over seven days. A mere shadow of its former self, yet still a glittering enigma. Behold the evidence:
Weekend vibes: Bitcoin dipped 1.88%. Not exactly a rollercoaster—more like a tiny, unenthusiastic kiddie coaster. Compared to last week’s 4.5% meltdown in less than 48 hours, this is basically a yawn fest.
Marathon Digital, that heroic caper in the world of mining, announced an $850 million offering—yes, billion with a ‘b’. They’re apparently serious about buying enough Bitcoin to turn their basement into a digital minefield. Meanwhile, Mill City Ventures waltzed in with $450 million dedicated to Sui-backed tokens, proving once again that in crypto, size absolutely does matter.
Into this pastoral scene storms an international league of digital ne’er-do-wells, huddled in candle-lit basements, hunched over keyboards, plotting schemes moist with villainy. What prey are they after? Not potatoes—alas no—but your rubles, dollars, and a certain je ne sais quoi that lives only in the bank accounts of the gullible.
Fran Villalba Segarra, a 27-year-old Spaniard with more tech-savvy than a wizard’s hat, is the mastermind behind Internxt. He recently joined the TopMob Podcast to discuss how to escape the clutches of Big Tech with a suite so secure, even your grandma’s cat would be impressed. 🇪🇸🧙♂️
