In a bold move that suggests someone at Strategy has access to magical spreadsheets, the company snapped up 4,048 Bitcoin (BTC) for a wallet-busting $449.3 million between Aug. 25 and Sept. 1, as revealed in a US Securities and Exchange Commission filing (which, for some reason, never includes footnotes about orangutans). š¦§
Forbes, the publication that turned ābillionaireā into a cultural obsession, has drawn a line in the sand-and itās not because theyāre bad at math. š§®
According to CoinMarketCap, the gossip mill of the crypto world, XRP’s trading volume has spiked 23% in the past 24 hours. It’s like someone spiked the punch bowl at a party where everyone was already feeling a bit tipsy.
Remember when Bitcoin was worth less than your morning latte in 2010? Fast forward to today, and itās sitting pretty at over $100K, after a July ATH of $123K. Thatās like turning your couch cushions into a mansion. š°š°
The goal? To reduce supply, boost scarcity, and reward long-term holders. But critics are asking: Whereās the safety net? If every fee is funneled into burns, what happens when the market turns? Itās like playing a game of Jenga with a 100-story tower. šŖ¦
In their September 1 Market Outlook, these financial wizards put it rather bluntly: āClosing below $98k on this timeframe would turn weekly structure bearish.ā But donāt reach for the smelling salts just yet, for they also add, āAbove $98k weekly structure is still bullish and therefore we should anticipate the formation of a higher-low.ā Phew, what a relief! š
only fees raked in from WLFI-controlled liquidity pools scattered across Ethereum, BNB Chain, and Solana will be incinerated. Community and third-party liquidity? Untouched, baby.
According to the ever-reliable data from crypto.news, XRP (XRP) was trading at $2.79, a modest 3.1% increase in the past 24 hours and a whopping 56% surge from its lowest point this year. š
āPatience, my dear friends, patience!ā exclaimed Daan Crypto Trades, a full-time trader and analyst, with a twinkle in his eye. āThe first few days of the month are like a tempestuous sea, full of choppy waves and unexpected turns. But if you can weather the storm, the rewards might just surprise you.ā
This Onramp, you understand, allows one to procure Pi with such pedestrian methods as Alipay, Maya, and even GCash! A convenience, certainly, for the faithful. It is touted as a breakthrough, a glorious gateway! But the chartsā¦ the charts tell a tale of woe! Sellers, like hungry wolves, dominate the marketplace, and in a mere six months, the poor token has surrendered over 80% of its former glory. One almost feels sorry for itā¦ almost.
