They say they’ve already stashed away a cool million in ether, and now they’ve done the same with bitcoin. The plan, you ask? Why, to keep on buying until they’ve got a whopping $10 million in crypto reserves by the end of 2025. That’s more money than you can shake a stick at, and about as sensible as trying to catch a rainbow in a jar. 🌈😂
The initial success of this token, dear reader, is not merely a matter of chance, but rather the result of a strong and eager interest from investors, who, in their wisdom, purchased $500 million worth of PUMP in a mere 12 minutes. One can only imagine the flurry of activity and the rapid exchange of digital tokens, much like the bustling ballrooms of old, where fortunes were made and lost in a single evening.
Key Support levels: $0.64
News Background
DOGE’s breakout follows a broader return of meme coin flows as traders rotate into volatility ahead of key macro events later this week.
Institutional footprints were visible in volume surges above $0.195, with market makers defending support levels near $0.190 during the early session.
Technical setups are now aligned with Fibonacci retracement targets around $0.197 — with $0.21 flagged as the next extension if bulls regain strength.
In a note to clients, Hougan emphasized the long-term structural shift underway, stating that once these bills pass, “you can’t put the genie back in the bottle.”
On Monday, the Federal Reserve, FDIC, and OCC, the guardians of our financial system, issued a joint statement that reads like a cautionary tale for banks venturing into the wild world of crypto. The statement, while not introducing any new policies, makes it clear that banks must treat crypto risks with the same level of seriousness as they do with traditional financial services. 📜
In this riveting tale, Brandon Lutnick, son of US Commerce Secretary Howard Lutnick, is tying up the loose ends to seal the deal with Bitcoin (BTC). Reports from the Financial Times and Bloomberg—because nothing says “The Future is Now” like insider scoops—reveal this juicy gossip.
The growing trend of corporate bitcoin accumulation has raised eyebrows among critics, who argue that this frenzy is fueling unsustainable speculation and eroding the very foundation of crypto’s decentralized ethos. The inimitable Peter Schiff, economist and gold aficionado, took to social media to sound the alarm, declaring that the current bitcoin rally is little more than a clever ruse, driven by large firms stockpiling bitcoin to spark future demand. His words of wisdom:
Ah, le Bitcoin, cet intrépide héros, se présente à nous avec un prix initié à 119 720$! Malheureusement, il s’est laissé emporter par la mélancolie du marché en glissant de 2,25% en une journée, créant la plus longue chandelle rouge de tout le mois. Un spectacle pour l’âme! 🌹
Sui [SUI] has finally broken above the multi-month triangle pattern that has constrained its price since early 2024, much to the delight of those who have been waiting for this moment like a peasant waiting for the tsar’s carriage to pass. The recent move past $3.60 came with a 12.8% surge, pushing the price toward the 0.786 Fibonacci retracement. This breakout signals a potential reversal and growing bullish confidence, as if the market itself has decided to throw a grand ball in the middle of a financial winter.
