The ongoing trade war, momentarily paused by the Trump administration, has left analysts pondering the new world order that will emerge from this economic skirmish. Matt Hougan, the Chief Investment Officer at Bitwise, posits that bitcoin, with its unique characteristics, will emerge as the belle of the ball once the dust settles. 🕺💃
Alas, Ethereum, once the belle of the ball, has seen its MVRV tumble below the dreaded 1.0 mark! This suggests that our dear investors are feeling the pinch, their pockets lighter than a feather! But fear not, for hope springs eternal, and perhaps a resurgence is on the horizon—though it may take a while, much like waiting for a snail to cross the road! 🐌
Just a few weeks prior, WLFI, in a fit of exuberance, acquired over 3.54 million Mantle (MNT) tokens, alongside a delightful addition of $4 million worth of MNT and Avalanche (AVAX) to their already overflowing treasure chest. One might wonder, is this a calculated strategy or merely a whimsical gamble? 🤔
Our star of the show, the US-based Kraken, is partnering with the high-flying financial maestro Mastercard to turn the mundane act of paying into a zany adventure. Imagine ordering your morning latte with Bitcoin—utterly brilliant, right?
Alas, traders are left to wonder at the continued departure of funds—after all, if Bitcoin’s dash to $82,000 cannot woo the hearts of investors, pray tell what spectacle could possibly revive their ardor? 🤔
The NYDFS, playing the role of a very stern referee, found Block’s compliance team tripping over its own expansion. One might say Block’s oversight was so laid-back it could’ve taken a nap mid-growth spurt! The real showstopper? Largely unchecked high-risk Bitcoin transactions passed through, masquerading as innocent little trades without so much as a how-do-you-do. 🤔
According to the esteemed scribes at CoinMarketCap, our leading performer’s 24-hour trading volume has taken a dramatic tumble by some 32%—yes, a mere $5,915,252,182.71 🙄. Nevertheless, even this downturn cannot dim XRP’s incandescent glow in the digital realm. Meanwhile, certain dashing exchanges have seen the coin’s volume soar like a sensational aria: a remarkable 11.83% leap on Upbit, or about 411 million XRP. One might faint at such an extravaganza! 👏
According to a spirited dispatch on X by Journalist Eleanor Terrett, the Commission has filed a rebuttal against the emergency motion to slip in decisive evidence in favor of the crypto enterprise. Justin W. Keener, a gentleman with an eye for a plot twist, delivered this request, yet the regulator’s paperwork insists Judge Analisa Torres must politely decline the entire spectacle. 🤔
On April 9, the US Securities and Exchange Commission (SEC), the same folks who brought you the thrilling saga of Bitcoin ETF options, decided to let exchanges list options contracts tied to spot Ether (ETH) ETFs. Issuers, however, are still waiting for the SEC to allow Ether ETFs to offer staking, because why make things easy when you can make them complicated? 🎢
Bitcoin, that digital chimera, roared past $83K late Wednesday, spurred by President Donald Trump’s declaration of a 90-day pause on all global U.S. tariffs. Simultaneously, he, with a flourish, slapped China with a 125% tax, ostensibly “based on the lack of respect that China has shown to the world’s markets.” One wonders if markets even possess the capacity for respect! 🤔
