jpyxx Burak Kesmeci, the crypto wizard, has been peering into the crystal ball of Ethereum’s market. Using some fancy Glassnode data, he spotted something rather curious. The Ethereum MVRV ratio has reached 1.97, sneaking up on the infamous 2.4 threshold, a level historically known to signal “hey, maybe take some profits before this turns into a disaster.” 😬
Solana [SOL], proudly sitting as the fifth-largest cryptocurrency with a market cap of $134 billion, juggles a spectacle of on-chain antics that simultaneously dazzle and suggest a backstage drama. One might admire the shiny veneer-after all, who could ignore a 25% gain in just one month? But beware, dear reader, the plot might twist before the final act.
At the time, MoneyGram had been Ripple’s shiny new toy, using RippleNet and XRP to shuttle cash across borders like a circus act. But when the SEC came knocking, it was time to pack up the tent. 🎪
For the uninitiated, a golden cross is when the sprightly short-term moving average (say, the 50-day MA) gallantly leaps over its long-term, more staid companion, promising bullish delights-or at least that’s the hope. Here, it’s sashaying across XRP’s four-hour charts, an indication of recent buying enthusiasm.
On September 13, blockchain analytics platform Lookonchain, the financial equivalent of a nosy neighbor, reported that Galaxy had acquired nearly 5 million SOL-valued at about $1.16 billion-within three days. Of that amount, roughly 4.7 million SOL was transferred to Coinbase Prime for custody. 🧠
traditional research is like a slow-moving soap opera – all drama, no action. Data’s stuck in silos, innovation’s on an extended coffee break, and the gap between research and actual impact could fit the Grand Canyon. But hey, if we actually invested properly, mental health interventions could give us back years of healthy life and pump up the global economy by $4.4 trillion by 2050 – which sounds nice, right?
Our new shiny fund heroiously attempts to follow the Gapstow Private Credit and Alternative Income Index (GLACI) before all those gloriously dull fees and expenses sneak in. It’s basically the first cousin of their existing ETF strategy (HYIN). The CRDT fund promises “T+0 settlement” for subscriptions (which is finance-speak for “blink and your money’s there”) and the slightly less exciting T+2 for redemptions (“Please wait two days, we’re doing important blockchain rituals”). Minimum investment? A mere $25, which is probably less than what you spent on coffee this week.
“The term ‘treasury company’ is a jumble of confusions,” Bailey declared, his words dripping with the kind of disdain usually reserved for a poorly brewed cuppa. “Toxic financing, failed altcoins rebranded as DATs-oh, the audacity! And those companies with nary a plan or vision? They’ve turned the narrative into a pretzel!”
The weekend, that slumbering giant of trading, has cast its soporific spell upon the altcoins, rendering them as inert as a Nabokov protagonist in a moment of existential ennui. Yet, amidst this torpor, a few rebellious spirits dare to stir. A veritable cabaret of exceptions, they say? 🕺💃
Now, one wise sage over at TradingView, calling himself The_Alchemist_Trader (maybe he’s mixing Dogecoin with some magic beans?), has a theory! 🎩 He suggests that Dogecoin is ready for a comeback, like your uncle at a family reunion, and it could be bouncing its way up to $0.35 in the short term and grab its astronaut suit for a longer trip to $0.60! Whoa there, NASA, a cautious ascent, please! 🚀
