TL;DR Ah, the analysts, those diligent seers—suggesting that Pi (may I call it “my dear Pi”?), is on the precipice of a comeback, with forecasts fluttering around like errant butterflies, from $4 to a staggering $40, and some whimsical souls even pointing to a dizzying $314.159 target. 🎉 In a plot twist befitting a mundane … Read more
What to know: Deribit has unveiled a Block Request-For-Quote (RFQ) interface for those hefty over-the-counter (OTC) trades. This shiny new feature is open to all, but let’s be honest, it’s really for the big fish in the trading pond. Ah, Deribit, the titan of crypto options exchanges, has graced us with a Block Request-For-Quote (RFQ) … Read more
What to know: In a move that can only be described as “bold” (or perhaps “slightly mad”), Bitwise has rolled out an exchange-traded product (ETP) that tracks both bitcoin and gold. Because why not mix shiny rocks with digital magic? The Bitwise Diaman Bitcoin & Gold ETP (BTCG) is like a financial chameleon, replicating the … Read more
What to know: In a twist of fate, Bitcoin has soared above the dizzying heights of $92,000, while other cryptocurrencies are playing it cool, all eyes glued to the impending White House Crypto Summit on March 7. 🎢 This week has been a wild rollercoaster for the crypto market, with a 12% surge following President … Read more
What to know: The White House crypto summit could trigger heightened trading activity, or at least a good gossip session. Rumors suggest Trump may announce a strategic BTC reserve, or perhaps just a new hairstyle. Options markets indicate potential volatility in BTC, ETH, and SOL post-summit, which is just a fancy way of saying “hold … Read more
Ah, the mighty US Dollar Index (DXY) has taken quite the tumble, slumping to a woeful fourth-month low this week, much like a cat that miscalculated its leap onto a forbidden counter. Why this financial creature is stumbling? Oh, merely the dreadful threat of lackluster expansion of the world’s largest economy, coupled with the tempestuous … Read more
In the grand theater of modern finance, where the stakes are as high as the ambitions of its players, the DoubleZero Foundation emerges—a fledgling startup, daring to construct a “new internet” that promises to elevate blockchain performance to dizzying heights. With a staggering $28 million raised, they now bask in the glow of a $400 … Read more
What to know: It appears that Mr. Trump, in a most unexpected turn of events, has chosen to delay the tariffs on auto parts from our dear neighbors, Canada and Mexico. This, coupled with Germany’s rather generous inclination to ease debt limits and China’s audacious increase in its budget deficit, has led to a delightful … Read more
Quick Bits of Wisdom: Foundation Capital, the fairy godmother of Solana and the magical AI chip maker Cerebras, has magicked up $600 million for its eleventh spellbinding fund. They’re all about the early-stage magic, which means they’re there before the wand even chooses the wizard. Foundation Capital, the fairy godmother of Solana and the magical … Read more
What to know: It appears there’s a 70% chance that the trade war between Canada and the U.S. will be as extinct as the dodo by May, according to the Polymarket odds and the ever-optimistic Commerce Secretary Howard Lutnick. Our dear Lutnick’s hints at negotiations seemed to soothe the markets, with bitcoin frolicking above $87,000 … Read more