Yet, in truth, this event was but a modest echo compared to the grand melee of the preceding week’s end-of-month spectacle. Thus, the markets, veiled in their familiar shade of crimson-ever the harbingers of fate-showed no great agitation. They whispered among themselves but did not roar.
For two months now, it’s been stuck between thirty-six and fifty dollars – a purgatory for speculators. A four-hundred percent rally in the first half of 2025…a fleeting moment of madness, I say! Now, the “market watchers” are whispering about a breakout above fifty. Whispers, mind you, not shouts. Always whispers.
Once it managed a valiant, though brief, ascent above $2.70-much like a drunken reveler standing tall before inevitably falling flat. It flirted with the $2.75 and $2.80 marks, teasing the hopeful crowds below.
Bitcoin price started a fresh recovery wave above the $109,650 zone, because it needed a little excitement in its life 🎉. It was able to climb above the $110,200 and $110,500 resistance levels, but don’t get too excited, it’s not like it’s going to make it easy for anyone 😏.
But wait, there’s more! The indefatigable Crypto Peer has spotted what they describe as a “strong cup-and-handle pattern” on the daily chart. If you’re wondering whether that sounds like something one might find in a ceramics class or an IKEA catalogue, rest assured it is not. Instead, it’s a bullish signal so potent it could make Gordon Gekko blush. Volume is robust, support levels hold firm, and whispers of “smart money accumulation” abound. In short, the token seems primed to ascend toward $0.000200-a figure that may sound modest until you realize how many zeroes precede it. 🚀
World Liberty Finance [WLFI], once a proud stallion, now stumbles clumsily down the market hill, slipping nearly 10% like a man chasing his lost hat in a blustering wind.
Egrag Crypto says there are no clear signs the XRP bull run is over. According to him, the charts indicate the altcoin hasn’t lost any “body candle structures.” Which, honestly, is just a fancy way of saying “we’re still in this together, folks.” 🧠
It seems WLFI has decided to point fingers at an unnamed crypto exchange, accusing it of token manipulation so blatant it would make even Tom Sawyer blush. And who should find himself smack-dab in the middle of this digital drama? None other than Justin Sun, the ever-controversial billionaire behind Tron. 🌞
Pi Coin, that beleaguered soul, trades at $0.3420, trapped in a range since August, like a prisoner in a cell of its own making. Yet, the Bollinger Bands, the double-bottom, and the Wyckoff Theory conspire to whisper of a squeeze, a rebellion against the chains of stagnation. But is it not always thus? Hope, that cruel mistress, dangles before the desperate.
The announcement made by Chief Financial Officer Praveer Melwani is part of a broader strategy that involves a significant cash reserve of around $1.6 billion. In this amount, the company had approximately $91 million invested in its Bitcoin exchange-traded fund. Translated: The CFO’s disclosure is related to a $1.6 billion cash reserve situation, where about $91 million was held in the company’s Bitcoin ETF.