And yet, even as the vultures circle and holders mourn their portfolios with dignified resignation, some claim there are omens of recovery—small blessings, like the appearance of a cocktail waiter at a dull party. Will salvation arrive, or will optimism get mugged again in a dark alley?
This latest purchase follows a series of convertible bond issuances totaling over 18 million euros, courtesy of UTXO Management, Moonlight Capital, Ludovic Chechin-Laurans, and the ever-so-charming asset manager TOBAM. They also converted share warrants into nearly 3 million ordinary shares, raising another 1.6 million euros for their bitcoin escapades. How delightfully resourceful! 💼
From a digital pulpit known only as “X,” our modern bard, Darkfrost, has declaimed the latest shivering ascent of the NVT Golden Cross. If you’re the sort who finds poetry in ratios (and who isn’t, really?), this one is the offspring of Bitcoin’s swollen market cap and the river of its transaction volume.
This statement from Eric arrives after the sort of “overlapping” rumors you get when politics and crypto attempt to share a single sofa. He did take a moment to call Justin Sun both a “great friend” and a “crypto icon.” Make of that what you will. Apparently, you can lavish public affection on someone without being, as he quite helpfully puts it, “publicly involved.” 🕵️♂️
The beaks down at Thailand’s Ministry of Finance are in a fine mood, having just waved through a measure designed to turn the country into a sort of Monte Carlo for Bitcoin barons. On June 17, the dapper Deputy Finance Minister, Julapun Amornvivat—presumably after a bracing cup of tea—announced that anyone cashing out crypto via above-board exchanges, brokers or dealers (the ones with a shiny license, that is) needn’t fork over a single satang in capital gains tax from the first of January 2025 right through to the dying days of 2029. Pip pip for the taxman, eh?
In the middle of all this war-like drama between Iran and Israel, we’ve got a security breach that’s raising eyebrows. I mean, come on! Over $48 million just poof! Gone! Like my patience when someone cuts in line at the deli. 🥪
But why all this über-optimism, you ask? (Are you new here?)
Now, if we peer into the mystical 12-hour chart, we see a bullish breaker block (yes, that’s a fancy term) at $104.8k, which has been holding up like a stubborn old man refusing to leave his favorite chair. Fibonacci retracement levels have also been plotted, because why not add a little math to the mix? 📈
Yes, dear reader, Jesse Hill has pleaded guilty to conspiring in a most audacious attempt to scam financial institutions. He’ll be sentenced in September, but who needs a court date when you’re already the star of your own criminal opera?
Now, what’s this all about? The analyst has unveiled the concept of the “SaylorCycle” – yes, you heard that correctly. It’s a term that sounds like something you’d find in a university economics textbook, but apparently, it’s a key to Bitcoin’s future success. Mills, in all his wisdom, believes this is the dawn of a new era for Bitcoin, spurred by institutional adoption and macroeconomic shifts that will rock the very foundation of the cryptocurrency world.
