Crypto News

final bastion of support, though one doubts its fortitude.

Two forces, like twin wolves howling in unison, drove Bitcoin’s descent. First, the Federal Reserve’s 0.25% rate cut, a move so predictable it might as well have been written in the stars-or at least in the tea leaves of Wall Street analysts. For what is an expected event but a prelude to betrayal? Investors, ever the opportunists, bought the rumor and sold the reality, their wallets clinking with hollow triumph. 🛍️

Zerohash, for those unfamiliar with its arcane workings, is a Chicago-based marvel. It offers fintechs, brokers, and merchants the infrastructure to weave the mystical threads of crypto, stablecoins, and tokenization into their very businesses. They provide APIs that bring compliant custody, conversions, and payouts into a single, elegantly spun tapestry of digital finance.

The markets, burdened by the weight of earnings reports and the whispers of Powell’s words, cast off their gains like a man shedding a heavy coat in the heat. Yet, the fog of uncertainty lingered, thick and unyielding. 🌫️

This was the all-important realized price for the 3-6 month age cohort-a threshold that’s been valiantly tested thrice in a mere ten days. It’s the on-chain version of “Are we really going to break our piggy banks here?”

In the latest episode of ‘Market Wizards and Wizards of Market,’ BeLaunch, the clairvoyant of cryptocurrency predictions, says Bitcoin’s current move is precisely as expected-like a soap opera plot only with more dollar signs. It’s entered the “pause to refresh” phase, probably because it’s been running hot, hot, hot. This isn’t weakness, it’s just a natural cooling-off-think of it as a market-wide eye roll after yet another meteoric rally.

Today, XRP lingered near $2.53, a modest sum for a coin with delusions of grandeur. Yet, whispers of whale hoarding and the holy grail of ETF approval had the market dreaming of $3.50 and beyond. “Resistance?” one investor scoffed. “More like a suggestion.”

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Governor Perry Warjiyo, the man who probably knows more about digital finance than anyone at this conference (and who also probably has the best PowerPoint presentation in town), unveiled this plan at the Indonesia Digital Finance and Economy Festival and Fintech Summit 2025 in Jakarta. Just another day at the office for BI, right?

This particular fundraising affair, hosted via Sonar, marks MegaETH’s third attempt at securing patronage since its 2024 “Echo” round and the February “Fluffles” NFT drop-a name so saccharine it could curdle milk. Participants were permitted to lock their tokens for a year to earn a 10% discount, a proposition U.S. investors accepted with the enthusiasm of a debutante agreeing to a marriage contract. Allocations, one is told, depend on onchain history and ecosystem involvement, though some believe locking tokens might improve one’s odds. One wonders if this is akin to wearing a silk gown to a garden party-ostensibly to impress, but perhaps with a hint of desperation.