Cryptonews

PRIME and BAL both leapt over 30% in just a day, the way children leap puddles after a hard rain. Their RSI readings are up past 70, which—if you believe in technicals—means everyone’s bought in, nobody’s left, and the bartender is shouting last call. But their relative strength? Still sort of like their uncle who can’t win an arm-wrestling match at the county fair. So, while they draw gawkers and gamblers, the sober voices in the background whisper: maybe don’t bet the farm (yet).

Those clever souls at Kraken have managed a neat 19% year-over-year bump in revenue. Not too shabby, considering the last quarter was so dazzling that most other firms were left looking like Bertie Wooster at a chess competition—hopelessly lost. Revenues did tiptoe down by 7% compared to the previous quarter, but please, don’t go fainting on the chase lounge just yet: trading volume pirouetted upwards by 29% over last year, and the number of funded accounts saw a 26% leap, presumably as everyone and their dog, cat, and possibly pet iguana trundled aboard the adoption bandwagon.

At present, Strategy’s stock meanders gracefully between $381 and $400. The analysts—those modern-day oracles—have pronounced an average ambition of $446 per share, with a handful of bolder souls casting their lot as high as $600. One wonders if Mr. Darcy himself would be impressed by such derring-do, or at least feign interest for polite conversation. 🤔

Once fettered in the cold grip of a three-wave exile, Sonic emerges from the $0.30 embers. The triple bottom: not merely a pattern, but a lullaby for buyers, who flock each time the base trembles, like poetry fans to a tragic verse.

Though the coin’s momentum doth flag as though afflicted by a case of gout, be not deceived, dear onlookers! On Binance, the grand bazaar of pixelated fortune, the most seasoned of hodlers now cling to their coins with the tenacity of miserly great-uncles at a family will reading.

In the latest twist of this crypto saga, Coinbase made it official on X, revealing that MOVE no longer meets their lofty listing criteria. The token will be shown the door from both the Simple and Advanced Trading windows. Imagine the heartbreak of those who thought they had the next big thing. Ah, but that’s crypto for you! 🥲

One cannot help but admire the artistry: whispers suggest Movement Labs danced intimately with a market maker who, in a feat of questionable generosity, “shared” 66 million MOVE tokens with the open market. Amid such Cartier-level dramatics, it’s little wonder the exchange lost faith—especially when combined with that rather fashionable delay in actually giving tokens to its disciples.

As the Web3 soiree grows ever more elaborate, gliding seamlessly across networks has become positively de rigueur. Previously, moving liquidity to Unichain was rather like assembling flat-pack furniture with no instructions and three spare dowels—frustrating enough to make hoteliers weep, and keeping many a liquidity provider too flustered to try Uniswap v4.

The crypto community is gripped by anticipation thick enough to slice and serve at a bureaucrat’s luncheon. Some whisper this encounter might end the long saga wherein XRP’s legal standing has wobbled more than the moral compass at a Moscow masquerade. Should negotiations go smoothly (and no one accidentally set fire to the minutes), Americans may finally discover whether their favorite digital coin is, indeed, a security—or simply a particularly energetic pigeon.

Permit me to introduce the latest participant in this financial spectacle: a nondescript newborn, ‘0x69D0’. This infant wallet, unjaded and hungry, reached into Binance, plucking out 2,250 ETH — a sum so large it would make even a provincial governor blush (or at least switch banks). What wonder, what innocence! What a blockchain-enabled appetite.