In a rather cheeky post on X, our dear Sherpa suggested that Bitcoin might just plummet to the depths of $50,000 by year-end. His accompanying chart, a veritable work of art, indicated that BTC would flirt with the $105,900 resistance level before embarking on its dramatic decline. But wait! In another post, he backtracked, claiming his $50,000 prediction was merely a jest. Oh, the irony! đ
In a move that could make a cat laugh, the U.S. Securities and Exchange Commission (SEC) decided to drop its lawsuit against Binance on May 28, 2025. This is like a bear deciding to hug a porcupineâunexpected and a tad dangerous! This shift hints at a more lenient approach to crypto regulations, as if the SEC finally realized that the world of digital coins isnât going away anytime soon. With settlements popping up like daisies, optimism is blooming for clearer regulations. Who knew the SEC had a soft spot for crypto?
This double-digit decline is a delightful reflection of the growing bearish sentiment surrounding the token, perfectly timed with a broader contraction in the crypto market. Who knew that the crypto world could be so fickle?
James Wynn Shills Moonpig While Mulling A $1B Comeback In âTrade Of The Centuryâ Imagine a man, with the seriousness of a courtroom judge and the flair for the dramatic, urging the masses to invest in a meme coin as if their financial salvation depended on it. James Wynn, always the optimistâor perhaps the foolhardyâbelieves … Read more
With grandiloquent aspirations, the company proclaims its intent to funnel this windfall into the acquisition of Ether (ETH), the very lifeblood of the Ethereum network. This bold maneuver comes hot on the heels of their newly minted Ethereum-based treasury strategy, as if they were the modern-day Prometheus, bringing fire to the masses.
Just last Friday, the SEC decided to send a little love letter to RexShares, the fine folks behind these ETFs, declaring that their precious creations donât quite fit the legal definition of an âinvestment company.â Now, isnât that a kick in the pants? Youâd think theyâd have checked that before sending out the invitations to the party! đ
This delightful distribution marks the second act in this tragicomedy, following the initial reparations to the âConvenience Classâ creditors, who, letâs be honest, must feel like theyâve won the lotteryâalbeit a rather dubious oneâsince February.
He spoke at some fancy Reagan National Defense Forum in California on Friday, which I assume is a conference for people who really enjoy talking about war and stockpilesâand maybe not so much about spending on playgrounds or schools. đ«
Behold, the key on-chain metrics that stand as steadfast sentinels, supporting the notion of an imminent ETH price recovery. After a rather theatrical rejection at $2,700, Ethereum has corrected a dramatic 9% in the last two days, plummeting to $2,500 once more. This unfortunate turn of events has led to a staggering $160 million in liquidations of overly optimistic bullish leveraged ETH futures positions. Yet, despite this melodrama, the ETH futuresâ annualized premium remains a steadfast 6%. How delightfully ironic! đ
Solanaâs native token, SOL, has been on a downward spiral for four days straightâlike a sad rollercoaster rideâplummeting nearly 18% from its May highs. Talk about a dramatic exit! đą