jpyxx “Computation”, says he, “is the sweetest treat you ever had! With tricks like parallel processing and zero-knowledge proofs, you can make any blockchain flap its wings and fly!” Meanwhile, the trusty archers of data-er, I mean erasure coding and PeerDAS-are ready to lighten the load, allowing even the puniest of nodes to peek at information sans the hefty downloads. It’s like making a sandwich without every single ingredient!
conviction without momentum, like a man who believes the hammer will fall but forgets to swing.
Bitwise has dipped its toes into decentralized finance, a realm where yield is plentiful and regulation is, well, optional. The digital asset manager, presumably tired of traditional finance’s meager returns, has teamed up with Morpho to offer vaults that are as non-custodial as they are non-sensical to anyone over 50.
In a recent ramble on the good ol’ platform X, those sharp-eyed analysts at Santiment took a gander at how certain cryptocurrencies, like our old pals XRP and Bitcoin, are faring in the grand scheme of the 30-day Market Value to Realized Value (MVRV) Ratio. Quite the mouthful, ain’t it?
History, that cruel and unforgiving judge, offers little solace. Bitcoin, the supposed hedge against the follies of men, has more often than not mirrored the chaos of its human creators during these shutdowns. Like a mirror reflecting the absurdity of existence, its price has followed the whims of the market, not the logic of its own supposed superiority.
In a spree of posts on the social megastructure X (the platform formerly known as Twitter), ZachXBT accuses John “Lick” Daghita of pilfering millions of dollars’ worth of seized digital assets from wallets tied to the US government. A tidy claim, almost as tidy as a towel folded with military precision.
Key Highlights
The U.S. dollar, once the unchallenged emperor of currencies, now lies prostrate, its index at its weakest since September. The Federal Reserve and the Bank of Japan, in a rare act of camaraderie, intervene to prop up the yen, a gesture as futile as trying to stop the tide with a broom.
Binance has conducted its usual meticulous rummage through listed spot pairs-checking liquidity, volume, and whether anyone still remembers what COMP stands for. The result? a tidy pruning: BTC/UAH, COMP/BTC, ETC/ETH, MOVE/BNB, PNUT/FDUSD, SHIB/DOGE, TON/BTC, and a few others are being shown the door. Delisting takes effect on January 27, because apparently calendars in crypto markets love a dramatic countdown just as much as we do.
As BTC tiptoes closer to that tantalizing $86,000 mark, the on-chain data is waving a red flag like it’s at a football game. Momentum? Weakening. Enthusiasm? Fragile at best. If this were a rom-com, we’d be about to enter the dreary breakup montage.
