Bitcoin Nears $100K and Boomers Are Licking Their Chops (Again!) đ±đž
Bitcoinâs OG diamond hands are sitting on unrealized gains so juicy, itâs like they’ve been binge-watching Warren Buffett tutorials on âwhen to yeet your crypto.â
Bitcoinâs OG diamond hands are sitting on unrealized gains so juicy, itâs like they’ve been binge-watching Warren Buffett tutorials on âwhen to yeet your crypto.â
But before you start picking out which island youâll buy with your meme-coin gains, a quick reality check: weâre talking about the most volatile circus this side of the blockchain. Yes, thereâs hype, but there are also wild market swings, regulatory killjoys, and the ever-overlooked hot mess known as âIs this sustainable, or am I just starring in the Wolf of Wall Street 2: Solana Boogaloo?â
Honestly, Ethereum spent the week flirting shamelessly with $1,825. Imagine that one friend who is always âabout to leave the party,â but is still standing in the hallway, passive aggressively scrolling their phone. Thatâs ETH. It did manage a 3% price increase, but only because the sellers were busy elsewhere, presumably being passive aggressive in other chats. Volume’s dropping, conviction is low, and resistance is acting like a grumpy doorman who wonât let anyone into the club.
And here’s where it gets interesting: Bitcoinâs got its fan club, tooâaround $93,700 and $82,000, where loads of folks are holding on to their precious BTC. They bought in at those prices, and now theyâre basically forming a *safety net*. So if Bitcoin falls towards those levels? Well, get ready for some serious buying action. Think of it like a bunch of people holding hands, ready to catch Bitcoin if it trips. đ€
Lately, Pi has been dropping harder than your phone face down on concrete. Ten percent off this week, a total of 23% from last monthâs âhigh,â which in retrospect would make an excellent punchline, andâwait, letâs get some Kleenexâalmost 80 percent down from its peak of $2.99. That was back in February, a simpler time when hope still existed. The market cap is now chilling at $4.1 billion, which sounds impressive until you see the daily trading volume limping along at $75 million, down 40%. Somewhere in a parallel universe, Pi Coin is the next Bitcoin. But over here, itâs just doing its best impression of Blockbuster stock circa 2012.
*Metaplanet Issues 3.6 Billion JPY in 0% Ordinary Bonds to Purchase Additional $BTC*
â Metaplanet Inc. (@Metaplanet_JP) May 2, 2025
Once a humble tech company, TBGâs leadership decided that the world needed another twist. By 2023, they had taken the bold step of embracing Bitcoin as their core focus. No more traditional tech projects! In December 2023, new leadership came onboard, leading the charge toward this BTC-centric strategy. By November 2024, they formally became Europeâs first Bitcoin Treasury company. Who says you can’t turn a profit while riding a digital wave? đ
Picture this. Itâs March 2024. Everyoneâs pretending to âhodlâ but actually nervously biting their nails down to stubs. Bitcoin is doing its moody sideways dance for months, which in crypto time is basically centuries. Then thereâs that little visit to $49,100âa bottom so local, it should have an organic cafe.