Crypto news

Our protagonist, Jirikovsky, first graced the headlines in the fateful year of 2013, not as a hero, but as the architect of the Sheep Marketplace, a digital bazaar where vice and villainy flourished. 🕸️✨ Here, one could procure illicit drugs, weapons, and forgeries with but a few clicks. Alas, this empire of shadows crumbled ere the year’s end, and our enterprising fellow was accused of pilfering not only his platform’s earnings but also the Bitcoins of his hapless users. A true Robin Hood, but with a rather less noble cause. 🦹‍♂️💰

This week’s crypto rally? Think of it as the “meme coin masquerade” 🎭 – and SHIB just showed up in pajamas. While tiny tokens are hitting the dance floor, our pup’s stuck in the lobby with a “I’m not really here” vibe. Spoiler: whales are the real party poopers.

But wait! Analyst Crypto NL has spotted something intriguing: a descending wedge pattern. Yes, you heard me-a bullish reversal structure, apparently similar to setups seen in Cardano (ADA) and Injective (INJ). If this thing pops above the red trendline, we could see prices tiptoeing toward $1.20, then moonwalking their way to $3.00, and eventually doing the cha-cha all the way to $4.87. 💃🕺 Or not. Because, let’s face it, nothing says “stability” quite like falling over 10% in 24 hours to hit $0.75 while heavy selling pressure looms ominously nearby. Oh, and don’t forget the key support at $0.74. It’s practically begging for drama.

This price action, dear reader, is reminiscent of earlier rallies observed during the grand accumulation phases of 2025, suggesting that, should the winds of favorable market conditions continue to blow, we may very well witness a continuation of this upward trajectory. One can only hope that the market does not decide to take a sudden detour! 😅

Hedera (HBAR), the 17th biggest fish in the crypto sea, is swimming around with a market cap of $10.45 billion and trading at a humble $0.246. Meanwhile, Sui (SUI), the 14th contender, is flaunting the same market cap but with a slightly pricier tag of $3.69. 🤑 Binance claims this move is “significant,” which is just a fancy way of saying, “We’re flexing our multi-chain muscles.” Now users can deposit and withdraw these coins like they’re juggling flaming torches at a circus. 🔥

After the successful launch of R1 in January, the powers that be decided it would be a splendid idea to swap out those trusty Nvidia chips for a bit of homegrown tech. However, the best-laid plans of mice and men often go awry, and so it proved here. Despite the best efforts of Huawei’s finest engineers, who were dispatched to assist, DeepSeek found itself floundering in a sea of technical difficulties. The R2, originally slated to make its grand entrance in May, was forced to take a backseat, much to the delight of rival firms.

The CoinDesk 20, that noble index of twenty esteemed cryptocurrencies, is currently gracing us with a value of 4261.62, a modest bow of 1.0% (+40.35) from its position at 4 p.m. ET on Thursday. A rise, though small, is still a rise, and in this world of volatility, it’s a ray of sunshine on a cloudy day. ☀️

So, dear reader, Tron’s scribbling its ode on the grand parchment of market structure, with each pullback a mere interlude before pirouetting to a new peak. The volume? A loyal chorus of buyers, singing “Encore!” with ever-increasing vigor. Keep your lorgnette trained on that $0.31 support, because if Tron tumbles, it’ll do so with a flourish that says, “Not today, darling.”

So, on that fateful Friday, August 14, Huma Finance decided enough was enough. They teamed up with Arf, Geoswift, and PolyFlow to offer same-day payouts to sellers on global e-commerce platforms. Because who doesn’t want their money faster than a cat meme goes viral?

You’re struggling to break out, aren’t you? And who can blame you when the broader market is throwing mixed signals at you like a drunk aunt at a wedding. The lack of decisive price action screams one thing: uncertainty. Honestly, HBAR, it’s like you’re in your feels and can’t decide if you’re coming or going. 💔🤷‍♀️