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Ah, but let us not forget, Tron is no mere wallflower! As one of the shining stars among Layer-1 blockchains, its fundamentals are as robust as a Russian winter. Leading the charge in stablecoin settlements and user activity, it stands poised for a renaissance, should the altcoins decide to follow Bitcoin’s lead. Recent whispers from CryptoQuant reveal a delightful tidbit: the Buy/Sell Pressure Delta has nudged TRX back into the realm of buying pressure. A sign, perhaps, that the bulls are sharpening their horns?

Led by the ever-optimistic CEO Norma Chu, they traded 254,333 class A ordinary shares for BTC, which is about $2.28 million. I mean, who needs cash flow when you can have digital coins, right? 💸

On the 23rd of May, US District Judge Arun Subramanian, in a moment of sheer judicial brilliance, tossed out the fraud and manipulation charges against our alleged hacker. Apparently, the jury’s verdict was about as solid as a wet noodle, lacking any real evidence. The judge, bless his heart, noted that the prosecution failed to prove beyond a reasonable doubt that Eisenberg had been anything but a charming rogue. 😏

Prosecutors, with a flair for the dramatic, alleged that Mr. Karony and his merry band of associates did deliberately mislead investors, falsely proclaiming that SafeMoon’s liquidity pool was as secure as a locked treasure chest, when in truth, they were pilfering millions to fund a lifestyle that would make even the most extravagant of Regency gentlemen blush.

This meme token faced a selling frenzy, with volume hitting a staggering 1.72 trillion during its peak decline. But fear not! The support at $0.00001440 showed that buyers were still interested, like a kid in a candy store. 🍬

The big shot in decentralized finance, AAVE, is doing its thing. Its total assets on the network? Record high! It’s like the company’s stock price—skyrocketing, baby! And on Ethereum, we’re talking $33.5 billion market size—because apparently, people like to borrow money faster than they like paying it back. The borrowed funds? $13 billion. The available cash to borrow? $20.45 billion—like a Hollywood party with more drinks than sober people. 🍸

He didn’t want to do it, he says. “With regret,” Ackman parted ways with Canadian Pacific, a stock he’d wooed back in 2022 like an old flame. He still believes in its future—just not enough to keep his money there when Amazon’s siren song is calling.

Sun’s declaration came after he graced an exclusive dinner event for the esteemed holders of Trump’s meme coin. One can only imagine the delightful conversations over hors d’oeuvres as he proclaimed on social media that the administration has recognized America’s potential to become “the hottest region for blockchain and crypto.” Hotter than a summer day in the Sahara, I presume! ☀️

This curious divergence stems from the rising Realized Cap, suggesting that more coins are now cradled in the hands of those with stronger resolve and deeper pockets. The typical profit-taking behavior, once a predictable dance during MVRV spikes, has taken a holiday. This shift, dear reader, reflects a market maturing like a fine cheese, absorbing supply at ever-higher prices.

This Friday, CZ took to X (formerly known as Twitter, but let’s not get into that rebranding mess) to express his disappointment in WSJ’s latest attempt at journalism—or as he calls it, “Cunningham’s Law with negative intentions.” Apparently, the WSJ sent him a questionnaire so loaded it needed its own forklift. 🚜