Apparently, they’re locked in a heated debate over Ethereum’s Layer 2 (L2) security. You know, the thing that’s supposed to make everything faster and safer? Yeah, turns out it’s not all rainbows and blockchain unicorns. 🦄🌈
According to these number-crunching wizards at NYDIG, a bigwig in the digital asset game, Bitcoin’s relationship with inflation is about as steady as a three-legged stool on a rocky boat. 🌊 Greg Cipolaro, their head honcho of research, spills the beans: Bitcoin’s price dances to its own fiddle, and inflation’s just a bystander clapping offbeat. 🎻
Traders and investors, prepare your portfolios for a game of chess-only the pieces are tokens and the board is the market. 🏰
IBM (NYSE: IBM) announced the launch of IBM Digital Asset Haven, a comprehensive platform built to help regulated institutions securely manage and scale digital asset operations. The new offering provides a unified solution for custody, transaction management, and settlement while meeting complex compliance and governance standards. 🤖⚖️
Now, just to spice things up, Charting Guy whipped out a TradingView chart. It’s a weekly SHIB/USD extravaganza that could put the most enthusiastic Fibonacci fan into a frenzy. Picture this: the price marker is at $0.000010205, which is like being slightly below average in a goldfish race.
This rollercoaster ride followed a week of slapstick selloffs, cryptic technical signals, and a rankings game that saw BNB briefly tumble behind XRP-think of it as a digital popularity contest, but with more math. The BNB Foundation, ever the alchemists, destroyed over 1.44 million BNB tokens as part of its 33rd auto-burn, bringing the supply down to a humble 138 million. Less supply, more ‘vroom,’ or so they hope. 🚗💨
The crypto market, ever the socialite, basked in a sea of green, as if it had just attended a particularly lavish garden party. Bitcoin flirted with the $115,000 mark, a move that would make even a Victorian debutante blush. The CoinDesk 20 Index enjoyed a neat 2% uptick, while ZEC, PI, and ENA dazzled with over 10% gains-proof that even altcoins can outshine the main event. 🎩🎩
In his post, Cantonese Cat wrote: “Attempting to reclaim cycle high AVWAP as support. Claiming Ichimoku Tenkan + Kijun fusion (blue and red lines fused together), AKA Katana, as support so far. Holding 0.5 log fib from cycle high-cycle low as support so far. There’s been no volume so far during this downturn on multiple exchanges including Coinbase and Binance, and all it takes is just some volume to come in and we could reverse any downtrend in a hurry.” 🧠
This cunning contraption doesn’t just reward complacent holders; oh no, it turns staking into a lively game of “Who Gets the Biggest Slice?” As the price of $FUN ascends like a triumphant lark, the contract-whisper it-releases rewards from a treasury of five million shiny dollars directly into the pockets of the stalwart stakers, all on-chain, with no middlemen to pinch their fingers or muddy the water. Fancy that! 🤡
The sharply-dressed SharpLink Gaming has whispered sweet nothings to Ethereum, splurging on 19,271 ETH valued at $78.3 million, according to the mysterious and oft-relied-upon on-chain data from Lookonchain. This splurge marks yet another chapter in their tale of crypto conquest, following a brief romance hiatus.
