Well, well, well. Look who’s suddenly decided to get their act together. Bitcoin prices have jumped to a whopping $85,020 in the last 24 hours, because, you know, 1.2% is a lot when you’re talking about cryptocurrency. It’s like a small miracle, really. The downward momentum of recent weeks has been reversed, and now the big boys are talking about a potential $100,000 target. Because, why not, right? 🤑
Apparently, the Treasury Department is all, “Hold up, can we even do that?” 🤨 But Lummis is all, “Yes, we can! 💪” and is basically trying to figure out if they need a new law or if the Treasury Secretary can just, like, go ahead and buy Bitcoin. 🤷♀️
What’s the grand plan? Oh, just a little expansion of their Bitcoin stash, some education and training on Bitcoin and blockchain—because who doesn’t want to learn about digital currency while sitting in their pajamas? And let’s not forget the corporate growth. Because nothing says “we’re serious” like a corporate growth plan. But hold your horses; they still need the shareholders and regulators to give a thumbs up. Classic, right? 🤷♂️
Thanks to this fiery spectacle, over115 million SHIB tokens have been sent to the great digital beyond, never to be seen or spent again. It’s like watching a magician make a hundred million coins disappear, except there’s no rabbit coming out of a hat at the end of this trick. 🎩✨
🤔 The USDT Love Triangle Oh, XRP, you’re like that friend who’s been dating the same guy for ages but can’t decide if he’s “the one.” Currently, you’re cozying up to the $2 support zone after a series of breakups with higher highs. You’ve been rejected by the $3.00 resistance area, and now you’re just … Read more
By Edris Derakhshi (aka the chart whisperer 📊)
But pray tell, dear reader, what manner of creature is this Bitcoin Treasury bond? Can it truly aid our beleaguered economy in the face of pernicious inflation and tariff-induced angst? Alas, let us explore this matter further.
As SOL takes a dive, the whole cryptocurrency pool is feeling a bit chilly, with Bitcoin and friends also splashing about in the deep end. In just 24 hours, crypto traders have seen $270 million vanish like a magician’s rabbit—poof! And leverage longs? Well, they’ve lost a whopping $161 million. It’s like watching a magic trick gone wrong.
Dear friends, let us ponder the whimsical dance of the cryptocurrency market! It seems our dear friend, Mr. Market, may soon touch his local bottom in the next two moons, amidst the global drama of import tariff talks, which have left investors in both traditional and digital markets with a sour taste in their mouths. 😣
And what, you may ask, is the grand design? Jetking, with the fervor of a prospector in a digital gold rush, seeks to bolster its Bitcoin reserves, invest in the enlightenment of minds through education and training in the arcane arts of Bitcoin and blockchain, and fuel the engine of corporate growth. The management remains steadfast, though the shareholding structure may dance to a new tune. Yet, as with all grand schemes, the final curtain awaits shareholder and regulatory nods of approval.