Mais hélas! La fête fut de courte durée, comme l’après-dîner chez votre oncle un dimanche. La bourse, dans un élan de sagesse soudaine, fit marche arrière, et l’HBAR, tel un pantin désarticulé, céda près de 5% en vingt-quatre heures, puisque les investisseurs se mirent à prendre leurs bénéfices, comme si c’était la caverne d’Alibaba des gains faciles.
But wait, there’s more! It’s not just the BTC token that’s been flexing its muscles. Bitcoin Art has been strutting its stuff on the NFT marketplace like it’s the star of a reality show. According to the latest gossip from Magic Eden, trading volume for ordinals on the BTC market has surged by 103% in the past week, reaching a jaw-dropping 87.8 BTC. And sales? Oh, they’ve climbed a staggering 891%, with a whopping 71,200 units sold. That’s more sales than a used car lot on a Saturday!
Silver should be shining by now, right? With all the hype around solar energy, electric vehicles, and tech, why’s silver still stuck in the mud? We saw it creep up in 2020 when the pandemic turned the world upside down, but it’s been a bumpy ride ever since.
Over on the galactic highway known as X (formerly Twitter, because why not?), the crypto analytics platform known as Altcoin Vector—an entity that seems to exist purely for the amusement of traders—has cheekily pointed out that not only is leverage rising in our favorite second-largest digital asset by market capitalization, but it has also done so while enjoying some lovely company from spot markets and ETFs. Spoiler alert: this could get bumpy.
At precisely 1:00 p.m. UTC (because timing is everything in this circus), a whopping 72.96% of top trader accounts were long on XRP. That leaves a measly 27% clinging to their pessimistic life rafts, betting on a crash. This lopsided love affair has pushed the long/short account ratio to an eye-popping 2.70, a level not seen since dinosaurs roamed the Earth—or at least since last month 🦖✨.
Or How to Read Between the Candle Sticks
Yet, beneath this veneer of monetary ennui, the murmurs of an audacious shift are growing louder. August may very well be the scene where Bitcoin, in a flourish of dramatic irony, defies its own storied past.
This week’s US economic signals are particularly tantalizing, with Bitcoin (BTC) circling the $120,000 mark like a hawk eyeing its prey. Or perhaps more accurately, like a pigeon hoping no one notices it’s still there. 🦅
Oh, how utterly divine, darlings! Tether has sauntered onto the Tron blockchain and minted over a billion USDT—roughly $1.001 billion, if you’re counting pennies. This little escapade has puffed up its circulating supply no end, all in the name of that ravenous global demand for stablecoins. I mean, traders and institutions are scrambling for liquidity … Read more
So, just how might a higher Bitcoin price boomerang back to the ends of this year? And what could happen to altcoins if they tag along for the ride? 🚀🤔