According to the fancy folks at the FDIC, in the first quarter of 2025, banks did a little financial dance and reported a $67.5 billion decrease in their losses on securities.
As per the esteemed market data provided by Coinglass, it appears that over $747 million of these forced liquidations were inflicted upon long traders. The unfortunate plight of Bitcoin’s whale-long traders, led by the illustrious James Wynn, has only served to deepen the prevailing air of short-term pessimism. One must wonder, is there no end to this tumult? 😅
Цена шатается туда-сюда, как старый балалаечник на базаре: то поднимается, то падает, создавая театральную картину — будто цирк на арене. Объем торга уменьшается, словно в начале весны, когда матросы поймали корабль в шторм. Всё это говорит мне одно: скоро начнется что-то большое — или веселое карнаваловское торжество, или же трагическая пьеса о потерянных надеждах.
Now, the SEC, in its infinite wisdom, has pointed out that these exchanges were offering their services to local users via their websites without the necessary authorization. It’s almost as if they thought they could just set up shop and sell digital magic beans without a care in the world. Spoiler alert: they can’t. 🥴
At the luxuriously extravagant Bitcoin 2025 conference, held beneath the glaring lights of Las Vegas, Input Output (IO) left the crowd gasping—yes, actually gasping!—as they demonstrated a live Bitcoin Ordinal traversing a BitVM-based bridge to Cardano. Oh, the spectacle! IO dubbed this miraculous feat a “preview of what is to come.” They announced that their grand ambition is to forge a union so Bitcoin holders might lend, borrow, and stake in Cardano’s extended-UTxO landscape, a veritable digital Eden. Can you imagine? Transplanting Bitcoin liquidity into a programmable oasis, all without wrapping it in custodial shackles! A market worth over $1 trillion awaits, like a dormant dragon poised to awaken. 🐉
“A hundred years ago, if you wanted to buy something, you put a dollar bill or gold coin on the table,” Vance explains as if teaching a very slow class in Time. “Bitcoin offers the same functionality — but in a secure, fraud-resistant digital form that fits the technological age we live in.” Fancy, huh? Now your money can be stolen by a hacker while you’re still debating whether to buy a latte or a yacht.
At the Bitcoin Conference in Las Vegas—because where else would you announce such a groundbreaking move?—Farage strutted onto the stage, proudly declaring himself a “UK presidential candidate.” He confirmed that Reform UK is now officially open for business, accepting cryptocurrency donations from eligible UK donors. The party’s website got a little makeover on Thursday evening, just in time for the crypto party! 🎉
In the midst of this uncertainty, our trusty on-chain data is painting a rosy picture of demand. The esteemed analyst Axel Adler has shared that capital is flowing into Bitcoin like a river in flood season, nearing the peak levels we saw back in the good ol’ bull market of 2021. Can you believe it? A whopping $1.8 billion is entering the Bitcoin market each day—matching the fervor of November 2021 when BTC was prancing around at $64K. 💸
The grand total—brace yourselves—is about $862 million USD, down from a peak exceeding $1.5 billion, because who doesn’t love a good roller coaster? Cardano, in its infinite wisdom, seems to be playing the safe flight—more like a panic sprint—while the market tears itself apart in a dance of liquidations and despair.
