At the LONGITUDE by CryptoMoon event in Paris (Yes, Paris. Not your average crypto location, right?), MN Capital’s Michael van de Poppe dropped the bomb: “The bull market is just getting started.” Yes, you read that right. Start your engines, people. He’s basically saying, “Chill out, we’re only warming up.” 🙄
This newfound hype is akin to a cat discovering a laser pointer—exciting, unpredictable, and likely to end in chaos. The partnership promises to unlock the secrets of decentralized AI, which, if you ask anyone in a lab coat, is the future of everything, including your morning coffee.
On this most curious day of April 7, the digital coin has managed a modest ascension of nearly 1%, reaching the almost unbelievable height of $79,000. Meanwhile, the S&P 500 stands in indifferent repose and the vaunted gold futures—those erstwhile icons of necromantic safety—are languishing about 1.5% below their expected valor, as if jesting at their own inadequacy. 🤷♂️
Like, on April 7th they were all “We’re totally investing in this cool ag-tech thing” which is basically making farming as high-tech as my iPhone, but probably with fewer selfies 📱 And here I thought agriculture was just about knowing which end of the cow goes “moo.”
The spectacle was nothing short of a rom-com mishap. One minute SUI was sulking down from $2.06 to $1.76 (think of a clumsy stumble on a cobbled street), and an hour later it did a complete about-face: from $1.70 to $2.09 in the span of eight hours. It’s like SUI decided to have a makeover mid-party!
Our digital friend Bitcoin (or as I like to call it, “Internet Money on Red Bull”) decided to start its week with a heart-stopping plunge to $74K. You know, just your average $7,000 drop – the kind of thing that makes crypto traders spill their morning coffee all over their “To The Moon” t-shirts. 😅
Our favorite crypto-skeptic, who presumably still thinks the internet is just a fad, watched Ethereum perform what he might call a “gravity appreciation event” below $1,500. The digital asset dropped faster than a banker’s jaw at a Bitcoin convention, shedding 20% quicker than Schiff loses Twitter followers. At its lowest, ETH touched $1,400, or as Schiff might measure it, “0.0000001 gold bars.” 📉
This very morning, the president’s advisor, Mr. Kevin Hassett, intimated in an interview that the president might indeed revise his tariff notions. When pressed with the question, “Would Trump consider a 90-day pause in tariffs?” he responded in a delightfully cryptic manner: “I think the president shall do precisely as he pleases, good sir. And even if trade disputes should nibble at our great economy, it remains but a small morsel of our GDP.” 😏
Picture, if you will, the most comical scene: bears, those rather portly creatures wearing expensive suits and golden pince-nez, exhausting themselves trying to push poor Solana down, while bulls – oh, what magnificent specimens! – parade around with their chests puffed out like provincial government clerks after a promotion! 🐻💼 The weekend was, I dare say, as chaotic as a provincial ball where someone’s wig caught fire!
The records from Token Terminal, those indifferent chroniclers of our era, attest that AAVE borrowers have, in their relentless pursuit, paid over $1 billion in interest on Ethereum. This staggering figure, though draped in the garb of progress, is a grim reminder of the burdens shouldered by those who dare to challenge the system—a system as inscrutable and capricious as fate itself.
