jpyxx The White House spin doctors, led by a most earnest White House Press Secretary Karoline Leavitt, have branded this pardon as the grand finale to a so-called “Biden’s war on cryptocurrency.” According to the tale, Trump emerged from the Oval Office, ever the benevolent overlord, armed with a fervent desire to right the overzealous prosecutorial wrongs supposedly committed by the previous administration.
The Bank of Canada will spend $10 million over two years (starting in 2026-2027) to “ensure everything runs smoothly,” which probably translates to “no one crashes the crypto party.” And guess who picks up the tab after that? Yep, the stablecoin issuers. Classic capitalism! 💸
The FLOKI/USDT 1-hour chart, a tapestry of minor peaks and troughs, paints a picture of a slight rebound – a modest +0.58% gain, to be exact – after a melancholy pullback. Trading near $0.00000600, it snakes through lower highs and lows, as if in a dance of decline, yet a spark of potential looms overhead. Our market, reflective in its broader downtrend, indicates a pause, a catch one’s breath moment, as FLOKI stabilizes with quiet dignity between $0.0000058 and $0.0000060. One might ponder if buyers, those fickle souls, are but slowly and reluctantly accumulating positions, building the foundation for a fleeting relief rally.
Data from the ever-vigilant Coinglass revealed that over $1.27 billion in leveraged positions were obliterated in a single day, with long traders bearing the brunt of the losses, accounting for nearly 90% of the calamity. The descent followed Bitcoin’s breach of its 200-day moving average, a critical support line that had stood firm for four months, now crumbling like a brittle structure. 🧱
Alas! Binance Coin has slipped beneath the $1,000 mark in the past 24 hours, suffering an 8% decline. Currently trading at a measly $989.20, the coin’s latest plight has distanced it from its once glorious peak of over $1,060. The swift drop indicates heightened selling across exchanges, with short-term traders seemingly rushing for the exit doors. Could they be onto something? Or merely fearing the storm that looms ahead? ⏳
The great and powerful Binance founder, CZ, recently got his hands on more of that spicy Aster (ASTER) token. This little shopping spree comes after the price of said token decided to do a little dance-going up, then down, as crypto prices do. CZ, ever the humble (or perhaps self-deprecating) figure, declared he might just be the “unlucky charm” of the crypto world. Apparently, bad investment decisions and CZ have a long and tortured history, one that he doesn’t mind sharing with the world, because why not? What’s a little public humiliation among friends?
Luke Hoersten, the genius behind derivatives exchange Bitnomial, had this to say about XRP’s latest and greatest superpower: “What’s unique about XRP and RLUSD is that you’ve got one ledger juggling two jobs-one is wealth transfer and storage in XRP, the other is payments via RLUSD. It’s like a two-for-one special, but with a dash of financial wizardry.” Sounds simple enough, right? Just your typical day at the office, but on the blockchain.
In a recent post on X (formerly Twitter… remember that?), Tate casually revealed that he was scooping up 50 BTC for $101,000 each. Yes, you heard that right. $101,000. I mean, who wouldn’t buy crypto when it’s on the verge of a dramatic crash, right? 🙄
TradingView data shows a 62% spike in Dogecoin’s trading activity, which is about as reliable as a toddler’s promise to clean their room. Despite this “explosive” growth, the numbers tell a different story: “strong” selling pressure, as if the market is saying, “No thanks, I’ll take the bear.” 🚫📈
🧊 Top wallets are holding 97% of their icy treasures-a potential frosty rebound if PENGU can slide back to $0.0177 support. Brrr, it’s chilly out there! ❄️
