Meanwhile, the grand company itself lounges on over $8.5 billion in cash, like a wealthy recluse with no urgent need for Bitcoin anymore-since May, the crypto candy shop has shut its doors. It’s basically the biblical story of the prodigal investor, except instead of pigs, they’re sitting on cash, and the pigsty is Wall Street.
Twelve years ago, just before he retired from the Bitcoin forum for the last time, Finney issued what’s now regarded as the blockchain equivalent of a royal wave. 👋 “Gone but not forgotten,” chirped Pete Rizzo with solemnity befitting a minor royal attending a ribbon-cutting for an experimental library. One suspects the crypto crowd toasted this event with chamomile tea and speculative tweets.
Ethereum broke above $4,000 for the first time since December 2024 on Friday, setting the stage for a higher move. It’s like the cryptocurrency version of a Broadway comeback! 💃
In a filing that reads like a bad script from a low-budget thriller, the Connecticut-based Connex Credit Union has announced that 172,000 people are impacted by a massive data breach. Imagine that-172,000 people suddenly realizing their personal data might be floating around the dark web, like a digital buffet for hackers. 🍽️
Once a sprightly creature, XRP had flirted with modest movements earlier in the week, but alas, it now exhibits signs of diminished volatility and a waning demand, raising the specter of a bearish shift that looms like a dark cloud over a sunlit day. 😒
But wait, there’s more! Mr. Spock, in his infinite wisdom, suggests halting the quaint practice of conventional mining, locking away unused tokens like misbehaving children, and introducing a utility-based mining model. 🛠️🔒 Oh, the institutions shall flock like pigeons to a statue, seeking deflationary assets with clear use cases! 🏦🕊️
Now, if you’re into charts and numbers (and who isn’t?), this is what the experts call a golden cross. Sounds fancy, doesn’t it? It’s like the chart version of a light bulb going off, signaling that the market is probably ready to head “north.” Not like, “north” north, but you know-up. Into the sky. 🚀
While Solana’s meme coins bask in their fleeting moments of glory, Pump.fun’s attempts to seize the spotlight seem as effective as a sieve in a rainstorm. ☔️
Liquidity data tells the tale of a cooling-off period, with net outflows of $2.95 million on August 9. The bulls, bless their hearts, are now huddled around the $0.335 mark-a line in the sand drawn by the 23.6% Fibonacci retracement. If that breaks, it’s a slippery slope to $0.327. But hey, if TRON can muster the gumption to reclaim $0.34, it might just kick up its heels and dance again. 💃🐂
Our dear Cryptowzrd, the oracle of the digital realm, has delivered a most enlightening update! The daily candle, alas, closed with a sigh of uncertainty, yet the XRPBTC pair dances with a hint of bullish bravado! Should it dare to leap above 0.0028750 BTC, we might witness a rally so grand it would make even the most stoic of traders weep with joy! 😢💸