You, dear reader, are perusing the musings of a humble observer, gazing upon the intersection of cryptocurrency and government, where the absurd meets the profound. Subscribe, if you dare, to this chronicle of folly and wisdom.
Ah, Russia-where the roads are cold and the crypto ambitions are on fire! The Kremlin is busy constructing its independent cryptocurrency infrastructure, which, to be fair, sounds like the plot of a James Bond movie, only with more blockchain and fewer villains.
In the manner of a courtier’s ribbon-cutting, the launch marks a notable step in the Ice empire’s spectacle after months of trial. Thousands of verified creators have already joined, bent over their quills to redefine digital identity and the sweet art of monetization across decentralized networks. The Ice guild declares Online+ to be a foundation stone of a more open, user-owned web, where creators retain dominion over their data and their revenues. 💼✨
But hold onto your top hats! A whiff of optimism is wafting through the crypto air this week, and Pi Coin might just seize the chance to dust itself off and give it a go. 🌟
Let’s toddle over to the daily chart, shall we, where old Bitcoin (BTC) has pranced from $110,000 to a near $124,000 as if it owned the blooming place-which, in a manner of speaking, it jolly well does. That 12.6% leap came with a spot of volume vim, suggesting the bulls were in earnest. Yet, with the relative strength index (RSI) lounging at 69 and the Stochastic at a dizzy 91, overbought territory seems the coziest of armchairs. Sarcastic, isn’t it? 😂
On Oct. 4, WLFI confirmed that they directly transferred the tokens from their treasury to Hut 8. And no, they’re not “just tokens,” they’re part of Hut 8’s master plan for long-term crypto reserves. Because, obviously, that’s what everyone wants: more crypto reserves. 🏦
Enter the wonder that is Best Wallet Token ($BEST). It’s not just another crypto hype train; it’s the real deal, positioning itself as the clean, community-focused alternative to all the garbage floating around. And trust me, it’s exactly the kind of project you want in your portfolio.
This week, the crypto industry juggled more balls than a circus clown-dog that bit someone on the ankle, anyone? We had delays in Washington, bold moves in Asia, and fresh regulation squabbles that were juicier than grandma’s holiday fruitcake. Let’s dive into the chaos, shall we?
Draped in polished manners and holding a delicate teacup, Coinbase emphatically assures us-they have “no intention of becoming a bank,” utterly serious in their claim, as serious as a man wearing his grandmother’s bonnet on a Sunday stroll.
But wait, the real showstopper? The BlackRock iShares Bitcoin Trust (IBIT). It came, it saw, it conquered-$791.55 million of the day’s inflows! Talk about crypto dominance, folks. The entire ETF landscape could scarcely breathe without IBIT’s unrelenting march. 🤑
