The bandwidth for XRP has narrowed to its lowest since October 2024, on the 4-hour chart. What does this mean? A market brewing with energy—kind of like the silence before a loud, awkward dinner conversation. 🍽️ Oh, and Bitcoin’s 4-hour chart is showing the same thing. Isn’t it cute when two cryptos agree?
Meanwhile, in the realm of Artificial Intelligence tokens—those digital heralds of a new era—Bittensor, Render, and AI Companions ascended to the heavens, their value soaring by double digits. It was as if they had been touched by the divine hand of progress itself, or perhaps, by the speculative fervor of the market.🚀🤖
The token’s glory days—when it gleamed like a golden crown on Trump’s inauguration day—are now nothing but a distant, dusty memory. It’s dropped a jaw-dropping 97% since then, landing at a bottom so low you’d need scuba gear to find it.
It rode into the weekend with a good, strong trot up to that $140 corral, though it ran into a wee bit of a fence—what the city folks call “resistance.” Now, the fancy on-chain folks got their magnifying glasses out and reckon Solana’s caught between two stubborn picket fences that might keep it from wanderin’ off one way or the other.
He’s got a point: Bitcoin, with its 21 million coin cap, has a pretty hard-to-ignore supply model. And Mow, in his infinite wisdom, has decided to break things down for us in terms we can all understand. “You can buy one twenty-one millionth of the BTC supply for a mere ~$85,000,” he tweeted like he was tossing out some kind of financial grenade.
According to Peterson’s analysis, Bitcoin might be expected to trade within a range of $75,000 to $138,000 over the next 90 days, given its historical behavior in comparable market situations.
Ah, Dogecoin! That цифровой (digital) marvel, that електронный (electronic) bauble, now beset by troubles, как (like) flies on a summer borscht!
The very entrails of the on-chain data scream like a merchant cheated at the bazaar.
It seems, dear reader, that some whale-wallets – those leviathans of the crypto-sea – are shedding their цифровой (digital) blubber at a rate most alarming!
A crypto-soothsayer, one Ali Martinez, has peered into the Santiment tea leaves and declared that holders of between 10 million and 100 million DOGE –
those bloated plutocrats of the blockchain – have cast off over 570 million coins in but a week! A week, I say!
Such a shedding, such a divestment, can only foreshadow a price volatility so intense it will make your babushka faint! 👵
Bitcoin, bless its heart, started as a revolutionary critter, aimin’ to let folks swap goods without havin’ to trust no slick-haired middleman. It stirred up a heap of ambitious notions and a whole passel of altcoins, all fixin’ to change the world of finance. Nonetheless, now that these digital doodads are poppin’ up everywhere, some folks reckon that the “magic of crypto,” that revolutionary somethin’-somethin’, done packed its bags and left town. 😭
Bitcoin, after running full tilt like a wild stallion, sometimes slows—just moseys sideways like it’s thinking hard about the next step. When that happens and altcoins start drifting apart like old lovers at a county fair, it’s a sign the good times might be packing their bags. Momentum slips through your fingers, and prices start feeling the chill of a market headed south.
According to El Mundo, borrowing stats from the Central Reserve Bank like a nosy neighbor, out of 181 officially sanctioned Bitcoin businesses, a staggering 161 have ghosted the scene. That’s approximately 89%, or as I like to say, 161 firms playing a very impressive game of hide-and-seek. Only 20 remain, including the government’s pet project, Chivo Wallet, which sounds more like a new tequila brand than a cryptocurrency platform.
