In the quiet confines of bureaucratic chambers, where rarefied minds plot the course of nations, China, that land of dragons and dim sum, has set its sights on a new treasure-stablecoins backed by the venerable yuan. Ah, the allure of digital gold! Later this month, the mandarins hope to give the green light, aiming to … Read more
Apparently, ol’ Saylor made an announcement about issuing shares with all the restraint of a kid in a candy store. The result? A nosedive sharper than my uncle Jed’s failed attempt at tightrope walking over the Mississippi. Let’s dive into the details, shall we?
Just days earlier, Bitcoin had been basking in the glory of hitting an all-time high (ATH) of $124,196 on August 14, leading many to wonder if the crypto bull was starting to feel a bit sluggish. At the time of writing, Bitcoin has mustered up a bit of pride and clawed back to $113,632, down a modest 1.12% in the past 24 hours, with a 24-hour trading volume of $72.7 billion, according to CoinMarketCap, the go-to site for crypto enthusiasts who can’t get enough of numbers. 📊
Imagine it: these modern-day alchemists, with their machines humming like overzealous bees, hold enough sway to manipulate transactions or reorder blocks at will. As one wit, Leo Lanza, quipped upon the social scroll known as X:
And while Bowman was talking policy, the timing couldn’t be better for traders. Meme coins like Maxi Doge ($MAXI) are already gaining a lot of attention, and even just a hint of regulatory easing can throw extra fuel on the fire. Because nothing says “cautious optimism” like a Fed official accidentally causing a meme coin bull run 🤡💸.
Across various time frames, the chart is doing a very convincing impression of a pretentious aristocrat refusing to admit he’s lost his money. Yesterday’s high? Still unchallenged. A classic sign that strength is more cosmetic than a genuine muscle flex. It’s like trying to impress your date with a six-pack that’s mostly from a party-sized bag of chips.
Reports whisper that ADA’s coffers swelled to $33 billion, a figure that left TRON and Dogecoin gasping in the dust, their $33 billion and $32 billion respectively now but shadows of what once was. The price of ADA, a mere $0.9225, danced upward by 0.35% in a single day-a modest waltz, to be sure, but over a week, it leapt 16%, a leap that would make even the most stoic of Tolstoyan protagonists raise an eyebrow. 🚀
Which, naturally, leads one to wonder: is AVAX actually a bargain right now? Should I, like, *invest*? (Asking for a friend. Who is me.)
According to Bloomberg, Susan filed the claim last October with the Financial Industry Regulatory Authority (FINRA). I mean, who even knows about this agency? Doesn’t sound like it’s going to stop the fraud train anytime soon. But yeah, she’s all upset that her son, Brett Graham-who, by the way, pled guilty to this whole thing earlier this year-took her money. Shocked, I know.
If the current bearish trend persists, one can only imagine the further indignities HBAR might suffer, plummeting below this critical threshold and signaling a descent into even greater weakness. 🤦♂️