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So, Morgan Stanley-you know, the guys who probably still fax their memos-are now telling their clients to throw 2% to 4% of their portfolios into Bitcoin. Wow, what a bold move. Amy Oldenburg, their digital asset guru, says Bitcoin might eventually show up on U.S. bank balance sheets. Eventually? Like, when? After the heat death … Read more

Meanwhile, the daily drip-drip-drip of linear unlocks-Solana, RAIN, CC, TRUMP, WLD, and TAO-each exceeding $1 million, is like a slow leak in a rusty bucket. You know it’s going to empty eventually, but you’re not sure when or how much damage it’ll do. These tokens are spilling out like overconfident cowboys at a saloon, and the market’s the floor they’re about to hit.

At 11:15 a.m. IST it was sashaying at $80,050, up 2.3 percent in the last twenty-four hours, its commerce a grand carnival of numbers-volume marching past $31.8 billion, according to TradingView’s gossip. The coin had opened at $78,200 and briefly flirted with $80,526 before settling near the breakout’s door.

This waltz of wealth, comparing the combined value of stocks, bonds, deposits, and other financial trifles held outside the government to the annual GDP, has outdone its previous pirouette of 6.3 times in 2021. How utterly divine!

#bitcoin 200wma passes $60k

XRP’s climb above $1.40 unfolded in the early Asian session, aided by a broader crypto rally, with the resistance breach on sharp volume hinting at genuine positioning rather than a liquidity mirage-thus shifting attention to whether this level will withstand pullbacks, as if markets obey any logic beyond the whims of the crowd.

Ah, the fundamentals-how they sing their siren song! Spot ETFs, those modern-day idols, gorged on nearly $600 million in a single day, while the whales, ever voracious, devoured 270,000 BTC in the past month. The largest feast since 2013, they say. Meanwhile, exchange reserves wither to a seven-year low, a famine of supply amidst a gluttony of demand. How fitting for our age of excess.

Key Takeaways (or, as it were, the crumbs from the financial feast):