In a weekend missive on X, Zhao-the man, the myth, the CZ-proclaimed that the true fortunes in Bitcoin (CRYPTO: BTC) are forged by selling when the market froths like a cappuccino and buying when the masses are panic-refreshing their portfolios with the fervor of a doomed gambler. 🎰
On the 1-hour chart, XLM/USD starts with a multi-day uptrend that looked like a bullish parade-complete with higher highs and strong candles around the 22nd-24th. But alas, the parade hit a pothole (or a bear trap) and the momentum faded faster than a disco ball at a goth party. The sideways-to-downward consolidation that followed was the market’s way of saying, “Let’s take a group photo before we all fall off.” 📸
Global crypto markets faced renewed turbulence as Bitmex co-founder and Maelstrom CIO Arthur Hayes explained on social media platform X on Dec. 1 his assessment of why bitcoin had dropped below $85K. “Darling, it’s the BOJ’s turn to shine,” he quipped, as if orchestrating a financial pantomime. 🎭
Naturally, this served as the perfect segue into his favorite topic: Bitcoin is a “fake” asset.
On the same day, six major exchanges experienced outflows of nearly 40,000 BTC – that’s over $3.6 billion in just 24 hours. 🤑 According to the ever-popular crypto trader “DefiWimar” on X, Bitcoin then nosedived from $91K to $87K, ultimately plummeting to $83,862.25 by Monday morning. Was this a “coordinated dump,” as DefiWimar insists, or just a series of harmless transactions – the usual Wednesday chaos of exchange operations? 🤔
Po pierwsze, bezpieczne bramki wejścia z walut tradycyjnych do kryptowalut oraz wiarygodne platformy handlowe wciąż stanowią fundament ekspozycji na BTC, XRP czy innych altcoinów. Stąd wybór odpowiedniej giełdy i metody zakupu kryptowalut pozostaje kluczowy. Po drugie, rosną też oczekiwania wobec samych sieci. Muszą być skalowalne, tanie i zgodne z nowymi standardami regulacyjnymi. 🤔💸
Bitmine’s latest stunt shows it’s still on the ether-gathering spree, now holding a cool 3.73 million ETH, alongside $882 million in cash and a collection of other crypto assets. The company’s total stash now sits at a comfortable $12.1 billion, which is less like a piggy bank and more like a crypto-holding fortress. 🏰
Yet, even as BitGo ceased its batch updates, the activity persisted-evidence, it seems, of new players donning their digital masks to reconfigure vast domains of accounts. A curious spectacle, is it not? 🤔
According to the ever-astute Nikkei (because of course, the Japanese media knows everything before we do), Sony Bank is determined to dive headfirst into the US stablecoin market. By 2026, they’ll be offering a digital currency, forever tethered to the US dollar. No more foreign exchange hassle when you’re subscribing to yet another streaming service or purchasing virtual loot in your favorite game. This is Sony’s way of making sure you can spend your money even faster-and with a lot less thought. 💸
Strategy’s stock is now trading below the value of its Bitcoin holdings-how’s THAT for a holiday miracle? It’s like buying a gift card for a restaurant that’s already closed. 🎁💸
