The CoinDesk 20 Index, that moody barometer of blockchain bravado, stands at 4138.64-a modest 0.6% (+24.31) increase since Monday evening. Truly, it’s as if the market took a deep breath and decided to try its luck again. Courageous-or just caffeine-fueled? You decide.
Here’s every move Cathie Wood and Ark Invest made in the stock market today 8/11
Yes, partner, you no longer need dirty paper dollars or boring ACH wires to reserve that cone-top seat. Open up your MetaMask on one side, your Coinbase on the other, and Shift4 Payments will act as the saloon-keeper who exchanges your ethereal coins for sixty-two miles of altitude and ninety seconds of weightlessness. They call it “commerce.” The crypto bros call it “the final moon.” 🌝
Ah, but dear reader, let us not be swept away by the fervor of such lofty aspirations! Zeberg’s analysis, steeped in the arcane art of Elliott Wave theory, suggests that we are currently in the fifth wave-a euphoric climax where prices may soar as capital flows in like a river after a spring thaw. His charts, those intricate maps of human folly, hint at a range between $8.96 trillion and $12.81 trillion, with the latter being the more tantalizing prospect. 🍾
Let’s break it down: KuCoin, the crypto exchange that’s cooler than your high school cafeteria, has teamed up with DigiFT, the A-listers of tokenized RWAs. Together, they’re unlocking trillions (*trillions*, people!) of dollars stuck in boring old traditional finance. BC Wong, KuCoin’s CEO, says this partnership will “revolutionize the tokenized RWA market.” Bold claim, but honestly, if anyone can pull it off, it’s these guys. 🌟
Now, the price of NEAR has taken a bit of a tumble-down by over 5% in the last 24 hours-but don’t rush to sell just yet. Some say it might be undervalued, and who are we to argue with a potential goldmine? 💰
Coincidentally, August 11 will be remembered in crypto history as the day when the ETF inflows hit the big leagues, the ‘biggest single-day splash’ since anyone started paying attention. The big money-BlackRock, Fidelity, and a few others-decided to drown the market in their shiny buckets, with over half a billion ducklings, approximately $640 million, flowing into BlackRock’s ETHA alone. The rest? Just small fry stuffing their pockets while the whales do the ballet. 🐋
Now, I know what you’re thinking: “When is he going to buy? How is he going to buy?” But don’t worry, Grant’s keeping that info as secretive as a magician’s trick. One thing’s for sure, this announcement has got people in both the real estate and crypto worlds absolutely losing their minds. Because if there’s one thing the world needs more of, it’s even more billionaires investing in volatile, unpredictable digital currencies. What could possibly go wrong?
In a stunning twist of fate, these savvy investors have shifted their focus from the likes of Apple and Amazon to the wild world of crypto stocks. Recent data, as reported by the Korean Center for International Finance (KCIF), shows that the percentage of crypto-linked equities in the top 50 net-bought stocks by local retail investors skyrocketed from a mere 8.5% in January to a jaw-dropping 36.5% in June. Then, just as you thought it couldn’t get any crazier, it dipped to 31.4% last month. Talk about a rollercoaster ride! 🎢
In essence, the erstwhile customers-who once referred to themselves as investors but now prefer the more evocative term “mugged”-have asked the court to update the complaint they flung at the courthouse wall last year to see what additional spaghetti might stick. And oh my, quite a bit has, including a full accessory kit of state securities claims popped fresh from California and Florida, where sunshine makes even moral rot gleam attractively.
