Currency Forecast

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)

Now, according to the data—which, let’s face it, is about as reliable as Aunt Agatha’s gossip—Galaxy Digital has been up to no good. They’ve shifted a cool 30,000 BTC, valued at over $1.1 billion, to exchanges and OTC platforms. Dash it all, that’s enough to make even Bertie Wooster blush! And while they’ve still got 18,500 BTC tucked away, their aggressive liquidation has sent the market into a bit of a tizzy. One fellow reckons they’ve offloaded nearly $8 billion worth in the past week. Blimey! 💸

Davinci, with the patience of a man who has watched banks process a wire transfer, expounded upon the glacial pace of traditional finance. “Behold!” he declared (or rather, tweeted), “#Crypto moves money fast. Banks move a lot of excuses.” A statement so piercing in its simplicity that one could almost hear the collective sigh of a thousand bankers clutching their pearls. 💎

Some analysts insist Ether should be worth over $8,000 because, apparently, there’s just too much money floating around the globe ($95.58 trillion, to be precise). 🌍💸

Pal’s not mincing words—he’s all in on Bitcoin being the undisputed champ of assets, with performance that makes other investments look like they’re napping. He’s calling out the FT for not getting the memo on dollar debasement or how crypto actually works, comparing their rants to grumpy old folks yelling at clouds. It’s like, come on, FT, join the 21st century or risk fading into irrelevance! 😤

Avalanche (AVAX) has found itself at a rather unflattering price level, one that has previously stopped rallies in their tracks. Yes, I’m looking at you, $27! This number has played party pooper before, with the last case of buyer rejection taking place back in March. Should this pesky level surrender, we can expect a thrilling ride toward the coveted $36 mark. Analyst Ali Martinez—an oracle of sorts on social media—has hinted that it could be a quick ascent if AVAX breaks that barrier.

Behold, the Flare-based SparkDEX, that audacious DEX suite, hath recently yoked itself to USDTO, Tether’s liquidity standard, and lo! The total value locked (TVL) hath swelled 650%, surpassing $100 million in a mere week. Trading volume? Tripled to $3 billion. Users? Over 2,500. One might think they’d discovered the philosopher’s stone… or perhaps just a very good accountant. 🚀💸

Pal, ever the charmer, dropped a truth bomb: “Bitcoin is the best-performing asset in all history.” Meanwhile, the FT is busy “Cassandra-ing themselves into irrelevancy” while pretending to be shocked by inflation. Classic. 🕯️