Currency Forecast

From Elixir’s DeFi 🌪️ and Chainlink upgrade to Zora’s bold 🎭 into creator monetization and Orderly’s futures 🎲, these tokens aren’t just riding the hype train—they’re the conductors.

In a speech at NYU, Fed Governor Christopher Waller presented three reasons for a 25-bps cut, as if the economy were a circus and he’s the ringmaster with a broken whip. 🎪

Bitcoin aficionados anticipate a grand resistance trend line breakout, with a tantalizing target of $125,000 looming on the horizon.

From a midterm perspective, it appears the meme coin is snuggling up to the $0.2534 resistance. If it can manage to break out without any long wicks (not the kind from your overpriced candles), traders could see a whimsical upward move to the $0.28-$0.30 area. Fingers crossed! 🤞

Hoskinson’s tweet offered an update on the audit report for Input Output (IO) ADA holdings, which is related to the impending release. 📜

Fear not, dear customer! While a shadowy villain prodded about undetected in the unbidden corners of their operational lair, no sacred riches of the patrons were pillaged. This nefarious breach, traced to a wallet born from the depths of Tornado Cash, now leaves a cloud of bewilderment over the merchants of trust who still toil in this digital market! 🎩💸

Platforms like Mudrex and CoinDCX are reporting a veritable tsunami of activity, with HNI trading volume spiking by 25–30% in July – because who doesn’t love a good spike, am I right? 🤷‍♂️. The elite investors, to the tune of 3,500, now account for nearly half of CoinDCX’s trading activity, with their eyes fixed greedily on assets like Bitcoin, Ethereum, Solana, and XRP – it’s like they’re at an all-you-can-eat cryptocurrency buffet 🍴.

Zeberg’s chart-topping analysis (get it? 🤣) reveals a sneaky five-wave pattern, culminating in an “expanding diagonal” that’s music to the ears of altcoin enthusiasts. His technical wizardry suggests that Bitcoin dominance is about to take a nosedive, plummeting to 30% or maybe even 24% – a level not seen since the dark ages of 2018. 🔮

This massive haul was recovered from a money-laundering operation, and now it’s causing quite a stir. Victims are clamoring for their fair share, but the prosecutors are playing hardball, asking the High Court to let them keep the loot. Because, you know, nothing says “public service” like keeping a few billion in digital currency for yourself. 🕵️‍♀️💸

The first few months were, shall we say, a bit like watching a tortoise attempt the hurdles. Lots of money going in, mostly to hide other money going out of something called Grayscale’s Ethereum Trust (ETHE), which sounded suspiciously like a particularly gloomy weather system. Then, things got… interesting. And by interesting, I mean money started piling in. Like a dragon guarding a hoard, except the hoard is digital and probably won’t buy you a decent castle. 🐉