Crypto News

According to the esteemed on-chain data purveyors at Glassnode, Ethereum has recently extricated itself from a month-long confinement. The Cost Basis Distribution reveals a rather impressive accumulation of ETH during this period, with a staggering 1.3 million ETH nestled comfortably between $2,700 and $2,740, and an additional 800,000 ETH lounging around the $2,760 mark. Such levels now constitute a formidable support base, suggesting that a multitude of investors are basking in profits and are inclined to hold their positions rather than succumb to the temptation of selling into strength. How very prudent! 😏

Now, Thursday’s sale of $22 billion in 30-year bonds might just give us a peek into whether investors still trust the fiscal policies of our dear President Trump, who kicked off the global trade war like it was a game of Monopoly gone wrong. 🏦

As our dear BTC flirts with the resistance level of $110,000, it seems to have hit a wall, stalling its upward gallop in the spot market. Perhaps it needs a motivational speech? 🤔

This acquisition is not just a business deal; it’s a pivotal moment for crypto adoption. If you’re paying attention (and not scrolling through cat videos), this opens a golden opportunity to leap ahead with a native web3 wallet like the Best Wallet app. 🐱💻

According to the ever-astute 10x Research, Ethereum’s price has soared with all the grace of a drunken peacock at a garden party. Yet, the underlying fundamentals are as flimsy as a paper umbrella in a monsoon. They attribute this meteoric rise to a rather alarming buildup in leverage and the aggressive posturing of derivatives traders, rather than any semblance of organic demand or protocol growth. Who knew that speculation could be so fashionable?

Once upon a time, companies would stash their excess cash in short-term U.S. Treasuries or bank deposits, as if they were hiding away their grandmother’s heirlooms. But alas, Hougan noted that the ever-expanding federal deficits and the monetary expansion that could rival a balloon animal convention have dulled the allure of these traditional options. Who needs safety when you can have excitement, right?

In this grand theater of code, we measure the fervor of developers by the number of commits—those sacred updates that breathe life into the cold, unfeeling lines of code. Over the past year, these brave souls have toiled, their sweat and tears immortalized in the annals of open-source crypto ecosystems. Yet, let us not be deceived; the cryptocurrency landscape is as fickle as a capricious lover, ever-evolving and unpredictable. Today’s champions may find themselves dethroned by the upstarts of tomorrow. This ranking, my friends, is but a fleeting snapshot, a mere whisper in the cacophony of time.

Our friend Daan, the wise old crypto wizard, declared that the last time altcoins had a proper bounce was after the last election cycle. They danced and twirled, recovering a smidgen of their lost treasure. But just like a balloon losing air, their momentum fizzled out, and down they went again! 🎈💨

Les gouvernements du monde entier, tels des voleurs de grand chemin, détiennent collectivement 529,705 BTC, évalués à plus de 57 milliards de dollars. Les États-Unis mènent la danse avec 207,189 BTC, suivis de près par la Chine avec 194,000 BTC et le Royaume-Uni avec 61,000 BTC. Mais attention, ces richesses ne proviennent pas d’achats sur le marché, mais plutôt de seizures et d’actions d’exécution. Quelle ironie! 😏

It’s officially been 18 days of non-stop positive inflows. That’s longer than some relationships last in fact. ETHA now manages a whopping 1.55 million ETH, valued at $4.23 billion—more zeroes than a telecom bill. The stock price has sky-rocketed to $21, up over 50% since what we shall politely call “Trump Liberation Day,” proving once again that markets love a good rally.