Calacanis, a man who once compared Bitcoin to a “digital gold,” now insists investors simply “get exposure to Bitcoin instead.” As if Bitcoin were a self-serve buffet and Strategy was just the waitstaff tripping over the soup tureens. 🍲
“The days of easy money and guaranteed mNAV [multiple of Net Asset Value] premiums are over,” declare the high priests of Coinbase research, David Duong and Colin Basco. Over! As if anyone with a functioning brain cell believed in ‘guaranteed’ anything in this realm. Still, it’s nice to have it confirmed by someone official. 🙄
According to a CryptoQuant Quicktake post by the ever-so-insightful PelinayPA, Ethereum’s CME futures OI is on a steady climb towards new highs. It’s like watching a snail race, but hey, progress is progress! 🐌
Ramos, with the precision of a man who has stared into the abyss of crypto charts, noted that XRP had danced at $2.73 before pirouetting toward $2.90. “Anything under $3,” he declared, “is not merely a price-it is destiny knocking.” Or perhaps, one might add, a gambler’s last hurrah. 🎲
In the vast and bustling land of Brazil, one of the economic titans of Latin America, preparations are underway to bring about a new era of regulation for virtual asset service providers (VASPs). As the sun sets over Rio de Janeiro, the authorities at the Central Bank, the guardians of the financial realm, are diligently working on the rules that will shape the future of these digital pioneers.
Behold, the price has launched a fresh recovery from the $111,200 abyss, climbing with the tenacity of a man fleeing a fire. It has scaled $112,500 and $113,500, as if they were mere stepping stones to greatness. Yet, the bulls, those valiant champions of bullishness, have pushed it above $114,000 and $115,000, only to see it flirt with $116,298 before retreating into a state of quiet contemplation.
In an exhilarating display of financial fortitude, BitMine Immersion Technologies has decided to embrace Ethereum [ETH] like a gambler clutching their last coin at a casino. The firm acquired a jaw-dropping $200.43 million worth of ETH from the digital asset custodian, Bitgo. This marks its second major purchase of the week – because who wouldn’t want to throw a bit of extra cash into Ethereum’s already bulging wallet?
In the shadowed corridors of Binance, where fortunes are forged and dreams are sold, Arthur Hayes, that enigmatic figure of our time, has amassed 578,956 ENA tokens, a hoard worth $467.7K. His total stash? A staggering 5.02M ENA, now valued at $3.91M-a testament to the faith of a man who dares to defy the whims of the market.
As we dissect this delightful charade, we find Figure Technologies trading at $32 at the latest tick, having danced up to an intraday high of $36. This pleasurable frenzy follows the company’s flamboyant entrance into the stock market with a glorious haul of $787 million in its FIGR IPO.
