“Currently, the combined balance of these cohorts is expanding at a rate of approximately 19.3K BTC per month,” Bitfinex analysts said in a markets report on Monday, as if they were counting the number of chocolate bars in a Wonka factory.
The tweet that announced the 601,550 Bitcoin milestone, source: X
Held over two days, June 26–27, at the Hilton Istanbul Bomonti Hotel (which sounds fancy, doesn’t it?), the event helped cement Istanbul’s place as the cool kid on the blockchain innovation block.
Just a few fleeting moments ago, Bitcoin was busy flexing on the Bitstamp exchange, soaring up to a jaw-dropping $123,236, before remembering that gravity exists and it slid back down to a cozy price just north of $120,000. Talk about a plot twist fit for a reality show! Who needs soap operas when you have cryptocurrency drama playing out live? 🎢
Behold the 3-day chart, a work of art shared by the infamous @best_analysts, where the W pattern emerges after an agonizing period of stagnation, coiling between the oppressive duo of $12.00 and $18.00. The neckline, a thing of beauty, aligns perfectly with a descending wedge breakout—a masterstroke on the canvas of financial speculation. Should fortune favor the bold at the sacred threshold of $18.00, we may witness a bullish odyssey toward the fabled lands of $25–$31. Ah, what dreams may come! 🎨✨
But what’s really interesting is that the smart money is betting on Ethereum’s long-term growth. 📈 Top analyst Ted Pillows (yes, that’s his real name… or so we’re told) shared some fancy data showing that the supply of ETH staked has reached a new all-time high. This means that more investors are locking up their assets to secure the network and earn some sweet, sweet yield, rather than selling into the void. 💸
With the swiftness of a lad who has just spotted a fowl ready for the taking, this Solana (SOL)-based enterprise declared, with no small amount of pride, that their cherished native token, PUMP, had evaporated from the shelves in a mere 12 minutes during the ICO event held on the 12th of July. Millions of dollars, like leaves in the wind, scattered in their wake.
On a mundane Monday, the Dow Jones decided to toss up a 50-point high—like it’s showing off, “Hey, look at me! I’m up 0.11%!” The S&P 500 is doing the same thing, while the tech-savvy Nasdaq is kind of strutting its stuff with a 0.32% rise. I guess it’s all about appearances, right? 😂
SMQKE, a sage in the realm of crypto, has graciously shared a report predicting that Tether’s once iron-clad dominance in the stablecoin sector is nearing its end. The report notes that Tether will be “overtaken by regulated stablecoins like the RLUSD”—because, of course, regulations are totally in fashion right now.
Now let us marvel at their latest trick! Riding high on a 40% share price surge, they revealed their cache of 163,142 ETH—their dazzling treasure worth a cool $500 million, a magnificent leap from the mere $250 million raised in July’s private placement. Ah, the thrill of the chase! 🎩✨
