Behold the 4-hour chart, a masterpiece courtesy of the illustrious Crypto Chiefs (@cryptochiefss), which reveals a steadfast horizontal support near $9.90. This area, a veritable backstage, has served as the pivot for a delightful double-bottom structure, leading to a charming short-term encore. 🎵🎭
Earlier in the calendar year, Wellgistics secured a rather juicy $50 million Equity Line of Credit (ELOC) from that rather dapper character, LDA Capital. With this charming bit of financial wizardry, they intend to amass XRP like a squirrel hoarding acorns for a long winter nap. The whole charade was laid bare to the world via a Form S-1 filing served to none other than the U.S. Securities and Exchange Commission! Aren’t we all just tickled pink? 🌸
Meanwhile, Cardano, that methodical maestro, has taken a more refined path. Founded by a co-founder of Ethereum, ADA’s development is as scholarly as a university lecture, with upgrades that sound more like a PhD thesis than a blockchain update. 📚 Though its price has dipped to $0.82, it remains a stately $29 billion, a far cry from Pi’s $3.4 billion. 💸
Picture a wedge, long and tiresome, finally breaking open like a baked potato at a barbecue—truth is, it’s a technical signal that some good news is coming. From February to mid-July 2025, this wedge had us all on the edge of our seats, and then—BAM—price breaks above the limit, like a kid climbing out of his treehouse for the first time. The bullish candle that did it was as loud as a firecracker, pushing HBAR past the measly $0.25 milestone and into the fast lane.
In a filing, drenched in the sweet aroma of optimism, lodged with the US Securities and Exchange Commission (SEC) on that fateful July 25, the company made a grand proclamation: it intends to balloon its authorized share capital from a modest 340 million to a staggering 1 billion ordinary shares. Quite the numerical feast, wouldn’t you say? 🎉
During this flirtatious phase of accumulation, trading volumes dance like a trouper on a stage, while prices stay coy within a narrow range, daring not to take a bow or throw a tantrum. But, lo and behold, some burgeoning signals may just hint at a grander performance ahead.
According to data from CryptoQuant—an organization presumably run by people who sleep less than traders—open interest across major exchanges surged dramatically in just 24 hours. Binance, Bybit, and Gate were flooded with large Bitcoin transfers earlier today. One can only assume these are the work of whales or institutions flexing their financial muscles 💪. Perhaps they’re preparing for battle, or maybe they just wanted to confuse everyone. Either way, it’s fascinating theater.
Oh, what a spectacle! This figure represents a whopping 92.83% of all Tron addresses in the green, a sign that the market is not just strong but perhaps a bit too confident for its own good. These fortunate souls hold a combined value of $427.6 billion in cold, hard cash, which means they’re not exactly feeling the pinch. 🤑
Today, this delightful coin dances around the enchanting figure of $0.2379, adorned with a staggering 24-hour trading volume of $2.29 billion and a market capitalization that might make even the wealthiest nobles blush—$35.71 billion! 👑
So, what celestial body has aligned to provoke such a tumult of unstaking, you inquire?