Crypto news

” We must rewrite it in the style of Steinbeck. I’ll produce paragraphs that mention the partnership and the details.

It started small, like a whisper in a saloon-250 to 500 ETH per transaction. But then, faster than you can say “hodl,” it escalated to transfers so big they’d make a Texas oil baron blush. One shipment alone? Over 3,000 ETH, worth more than $12 million. That’s enough to buy a small country, or at least a really nice hat. 🧢

Right, so the 4-hour graph above is like a dramatic soap opera. Ethereum, along with its crypto pals, decided to go wild after the US elections in 2024. But while Bitcoin was busy popping champagne and soaring past $100,000, ETH was stuck at around $4,000, like that one friend who can’t find their way out of a maze. 🥴

Now, gold has always been the go-to “safe haven” for nervous investors, like that one friend who insists on keeping canned beans in their basement for the apocalypse. But Brandt says Bitcoin-with its cool, fixed supply of 21 million coins-is the new kid on the block(chain) ready to steal gold’s lunch money. 🥷💰 Oh, and he also predicts Bitcoin is heading toward some kind of cosmic inflection point, with a potential market peak arriving faster than you can say “buy low, sell high.” Six weeks, folks. Start setting reminders on your phone now.

What does this mean? That Ethereum’s recent ascent isn’t just a blip-it’s a siren call that beckons the altcoins to join in the revelry. Historically, when ETH shows such vigor, the entire realm of altcoins pricks up its ears, ready to burst forth into a vibrant green spectacle of gains. Glassnode’s wise co-founders, Jan and Yann, warned us all: Ethereum’s about to go on a “wild ride,” like a drunken stallion wild-eyed and untamed, once $4,000 becomes support rather than resistance. Friday and Saturday? Merely the appetizer days for accumulation-the main course is served when Sunday or Monday arrives, bringing chaos or riches, who’s to say? 🤷‍♂️

Last I checked, that sprightly critter named ETH was trading at the robust sum of $4,200. A fine amount for a fancy digital coin that once played hide and seek below such heights!

With a gesture as swift as a gambler’s hand, President Donald Trump, the master of thunder and satire, wastes no time replacing the formerly esteemed Adriana Kugler with his trusted oracle, Stephen Miran-whose critiques of Powell are as sharp as a dagger in the dark. Of course, an announcement was made, not in some solemn chamber, but on that modern oracle of truth-Truth Social. Because, why not? 🤡 Read the glorious proclamation.

The first attempt to scale the $200 resistance since February was a failure. Solana [SOL] bulls tried to establish a foothold, but were denied, and SOL fell 20.19% in price to the swing low at $155.83.

Ripple has finally closed the chapter on a legal saga that felt longer than a Netflix series. Since 2020, we’ve been waiting for this moment, and now XRP can strut around like it owns the place-because it does! Major financial institutions are probably lining up to get in on the action. Who’s first? Oh, just BlackRock, the big boss of asset management. No biggie.

On Thursday, the Free Pertsev and Storm fundraiser, ever the optimists, revealed that the Ethereum Foundation will match donations up to $500,000 to bolster the Tornado Cash co-founder’s legal defense following this week’s verdict. In an X post, the fundraiser’s team explained, “We will need these funds and more to continue the fight for Roman at the trial court and on appeal. The outcome of these proceedings will set major precedent for developers worldwide. Like, really major.” 🌍