Capo, who has a whopping 970,500 followers on X (formerly known as Twitter, but let’s not get into that), is telling his fans that Bitcoin might suddenly take a nosedive after hitting a new all-time high (ATH) of about $118,700 on Thursday. Can you imagine? It’s like Bitcoin is playing a game of Jenga, and we’re all just waiting for the tower to fall.
Now, the astute market analysts, with their magnificent forecasts, whisper that XRP might triple its worth, flirting with the tantalizing number of $10. On the horizon, mighty BlackRock appears to be considering an XRP ETF, as strong inflows into BTC and ETH ETFs gather momentum. Can you imagine? Our dear XRP, taking its place among the titans! What a splendid thought! 😉
As if plucking ripe fruit from the tree, the rascal manipulated the values of GLP tokens, leaving a trail of chaos. But, as is often the case in this grand theater, the plot thickened! After partaking in their dastardly deeds, the villain left an on-chain message, as if it were a casual note: “Ok, funds will be returned later.” Oh, how charming! 💌 This audacious claim caught the attention of the vigilant guardians at PeckShield, who surely had a chuckle at the absurdity of it all.
Tether’s USDT and Circle’s USDC, the two largest dollar-pegged stablecoins, each reached new record supplies this week, according to TradingView data. Since the start of July, USDC’s market cap has grown by $1.3 billion, reaching $62.8 billion, while USDT added $1.4 billion to hit nearly $160 billion.
Ah, dear reader, gather ’round! It seems that Bitcoin has broken forth from its digital crypt, soaring past the gaudy milestone of $118,000, yet still struggling to regain its dignity against the likes of gold and the British pound. It’s as if the young sprout is trying to impress the old oak tree by racing, but isn’t quite sure if it’s worth the effort. 🏃♂️💰
Matthew Sigel, the sage of VanEck’s Digital Assets Research, has enlightened the crypto community with the details of this clandestine trade. The purchase was made in private, a move as stealthy as a ninja in the night, to prevent the market from reacting with its usual dramatic flair.
Enter CrediBULL Crypto, a prominent analyst who, with a sardonic smile, warns traders not to chase the Bitcoin rally blindly. “The real treasure,” he proclaims, “lies not in the glittering halls of Bitcoin, but in the lesser-known corridors of altcoins.”
While everyone was busy celebrating Bitcoin (BTC) hitting a new all-time high above $118k, Omni Network (OMNI) was like, “Hold my 🍺, I’ve got a show to steal.” And steal it did!
The move raises new questions about the altcoin’s resilience and how the market might react to bankruptcy-driven sell pressure during a broad crypto rally. 🤔
Fueled by the rising tide of momentum and the insatiable appetite of institutional investors, Bitcoin has ascended like a phoenix over the past few days, soaring to a new all-time high of $118,000. One can almost hear the collective sigh of relief from the bulls, mingled with the groans of the shorts. 🤷♂️