Currency Forecast

Solana’s hitting that $176 spot again, and guess what? It’s acting like a trampoline instead of a trapdoor this time, says some analyst named Hardy. The price is tanking, but the momentum? Not so much. It’s like the sellers are all talk and no action, which apparently means a big reversal is coming. Historically, this divergence thing is a winner, especially when it cuddles up with support levels. Me? I’m just waiting for the other shoe to drop. 😏

The U.S. Department of Justice, ever the reluctant bard of cybercrime, revealed that Chapman’s pastoral idyll of cyber-deception employed 90+ computers to transform North Korean hackers into convincing simulacra of IT workers. The result? A paltry $17 million siphoned from 309 companies—Fortune 500 included—who apparently mistook digital phantoms for flesh-and-blood employees 🎭.

Amid this shift, where do traditional financial institutions like banks fit? BeInCrypto consulted several experts to explore what the future holds for these institutions in the changing space. 🐉❓

Now, let’s get cozy with some tech jargon: NDAChain is a permissioned network. Basically, that means it’s the exclusive club no one can enter without a fancy invitation. Think of it as the VIP section of blockchains! 🎟️ It uses a hybrid model—part centralized snooping and part decentralized party. 🎉 Oh, and don’t get too relaxed; it’s run by 49 validator nodes operated by state institutions and big-name private sector players like SunGroup, Zalo, and Masan. So, great choices all around! 😏

Goldman Sachs and Bank of New York Mellon have recently dabbled in tokenizing shares of these funds. How quaint! But hey, there’s a method to this madness. By doing so, they can keep their funds hot and fresh, offering new uses, like collateral for margin trades, because who doesn’t like a good margin?

Burns commenced his treatise by leafing through the dry pages of tokenomics. Dogecoin, with its charmingly quaint issuance of 10,000 DOGE each minute—translating to about 5.2 billion DOGE yearly—boasts an inflation rate that dances about at a riveting 3.3%. Compared to the towering behemoth of 150 billion DOGE he guesstimably considers as its circulating supply, such inflation is deemed positively delightful. Should one bend an ear towards his reasoning, you’ll find he waxes lyrical about the absence of those nasty “supply shocks” that afflict dear old Bitcoin every four years, allowing miners to rest easy in their slumber.

Bitcoin (BTC) decided to take a 3% nap today. A nap…in the form of a price drop. Very relatable, honestly.😴

Markets are whispering sweet nothings, but darling, history has a wicked sense of humor and never truly plays nice forever.

Now, if we peer curiously at the Dogecoin’s hourly chart, we’ll notice this golden cross might just form at a price of $0.2331. How thrilling! Essentially, this golden cross occurs when a short-term moving average hops over a long-term one, almost like a romantic dance at a wedding reception—awkward at first, but it could lead to a beautiful waltz if done right.

A Week of Revelations (or Regrets)