According to the so-called sages at Global Markets Investor, the plebeian purchasers have halved their buying spree since the heady days of January. Weekly inflows, a mere $5.0 billion, now languish below the 12-month average of $6.9 billion-a sum that once seemed as plentiful as manna from heaven.
Here’s where things get interesting, and by interesting, I mean “how do I sign up for whatever these guys are using?” These wallets were freshly minted, funded on the same day they placed their bets. They didn’t even bother with the hassle of a transactional history. And then, like clockwork, they placed bets on the “YES” position, just hours before the ceasefire actually happened. Oh, and they did so when the odds were so low, it was like betting on a snowball surviving a trip to the sun. We’re talking probabilities of 2.9% to 10.3%. So, yeah, not many were betting on peace breaking out.
Meanwhile, the Invesco QQQ, a sleek blazer in the equity parade, surged over 3.3%, and the iShares Expanded Tech Software ETF (IGV) put on a similarly upbeat performance. Even gold, always the dependable silver‑band, crept up over 2% to $4,800 per ounce.
Ex-China Mining Giant Jiang Zhuoer Shorts ETH, Bear Market Ongoing Jiang Zhuoer, a former leading Bitcoin miner in China, is now betting against Ethereum, predicting its price will decrease in the near future. He analyzes blockchain data and overall market trends and believes the cryptocurrency market downturn isn’t over yet. He sees any significant price … Read more
The markets, as ever sentimental, have decided to cheer the temporary cessation of cannon fire, though the analytical mind wonders whether a mere fortnight without explosions suffices to elevate Bitcoin above the mystical $72,000, a summit long guarded by invisible gnomes since mid-March.
Circle is now offering its stablecoin payment services in Asia. This allows partners in Singapore to make faster, more transparent, and more efficient international payments using Circle Mint.
🚨JUST IN: U.S. SEC admits some past crypto enforcement actions delivered no investor benefit and misinterpreted securities laws.
Now, before we go on, let’s pause and appreciate the subtle genius of Morgan Stanley’s maneuver. It’s not a mere ETF launch, no. It’s a well-planned invasion into the market, and this time, the troops (or should we say, advisors) are already stationed. According to Balchunas, the 16,000 strong financial advisors aren’t just cold-calling or pushing products like a retail-based operation. Oh no. They’re embedded, ingrained in the clients’ portfolios. This is not the same thing as retail-driven ETF flows, folks. It’s a different animal entirely.
Behold, Hayes, with his bullish fervor, has anointed Hyperliquid’s HYPE token as the crown jewel of his holdings. Hyperliquid, that burgeoning trading platform, where fees flow like the Dnieper in spring, and where 97%-99% of said fees are plowed back into buying HYPE tokens-a scheme so audacious, it could only be dreamed up in the fevered mind of a crypto alchemist.
Key support levels: $1.3, $1.0
