On the hourly chart, SOL seems to be auditioning for the role of bearish superstar. Should it break its local support, brace yourself—$145 might become the next stop on its sad, lonely journey. Oh, what joy!
Но внутри его торчит укол: он вклёвывает в комментарий, что, мол, золотые тресты торгуют криптой, и это — признак вершины биткоина, дескать! Как только услышишь: «Компания, держущая золото, приискивает крипту», — сразу аж в глазах темнеет. Он, смех да и только, заявляет: “Это — знак, что, мол, пора подавать на прощание”. И всё это он говорит, будто сам у дороги — биткоин болтается около сотни с лишним тысяч, а остальной свет — всё кипит, а он молчит.
“We follow a venerable business schema,” quoth Zac Townsend, the chief of this merry troupe, “but we inscribe all in Bitcoin.” He recalls, with a twinkle in his eye, that the very first life insurance society was born in London in 1706—a true grandpère of modern commerce—though ours is a tweed-jacket modern, sans wig. ☺️
Now, here’s the twist: Is this just Ripple moving pieces around like a chess master? Or is it the big liquidity release everyone’s been waiting for? Either way, it’s causing quite the stir as the market tries to decipher whether this is a smart play or a catastrophe in the making. 😏
It all began, as U.Today recounts with a tone of mild astonishment, on May 29—an auspicious day for digital promises. That day, the exchange rolled out RLUSD against the venerable USDT and USDC, perhaps thinking: “Why not bring some stability to this carnival?” And so, the pairs were born, ready to be traded like hotcakes at a midnight market, although some wonder if stability is just another illusion in this kaleidoscope of chaos.
In the last 24 hours, a sequence of events has unfolded under the watchful eyes of Whale Alert on the X platform, as though an epic tale of fortune and despair is being scripted in real time. By 12:16 PM UTC on June 5th, no less than 10 significant Bitcoin transfers had occurred, a total of 12,907 BTC, worth a staggering $1.3 billion, has moved from exchanges to the hidden realms of personal wallets. And what, you ask, does this mean for the common folk? Perhaps nothing, or perhaps everything—such is the mystery of the crypto world.
On June 2, the SARB publicly declared that the High Court made a colossal blunder. According to SARB, the court’s earlier decision, which allowed Standard Bank to snatch Bitcoin from clients, was utterly misguided. The court, SARB argues, failed to recognize that cryptocurrencies should be treated as either money or foreign currency— a tiny oversight when dealing with South Africa’s exchange control regulations. But hey, who needs accuracy when you can just apply laws from the 1980s, right?
Yes, you read that right. Coinbase, the Nasdaq-listed platform that probably has more traffic than your local coffee shop on Monday mornings, has just announced that its cbXRP and cbDOGE tokens are now live on Base, the platform’s L2 network. These shiny new ERC20 tokens are backed 1:1 by the real-deal XRP and DOGE, which Coinbase is holding safely in custody. Basically, for every cbXRP or cbDOGE token out there, there’s an equal amount of the actual asset being hoarded by Coinbase. Don’t worry, they’re not just hiding it under their mattress.
Bitcoin, ever the drama queen, wasted no time reacting. The price jumped a cool $1,000, pushing it from a modest $104,500 to a slightly less modest $105,500. Why not? It’s only money, right? 💸
In a spectacle worthy of the theater of the absurd, he points to Ethereum’s “blue bar”—a vivid, flashing sign of impending chaos or prosperity, depending on one’s mood—and claims, with a seriousness tinged with hysterical hope, that we are on the cusp of a market carnival. “The last time we saw two blue bars, we were young and foolish,” he reminisces, as if time itself is a carnival mirror distorting reality. Back then, August of 2023, the market wobbled like a tipsy dancer, rising sixteen percent after only five such signals. Now, with two bars, he predicts a four-fold increase by next Sunday—if fate and charts align, of course. 🤡