Currency Forecast

Then, out of nowhere, a whale—probably the crypto equivalent of that one cousin who always shows up with a trunk load of snacks—dropped $15 million of AAVE after it dipped to $239. Talk about catching a falling knife or just really loving the smell of a good discount. The dip was seen as a golden ticket, and lo and behold, AAVE shot up 10%, because what’s life without a little hope before it all crashes again? Oh, and just before this story went to press, it retraced—because what’s a crypto rally without a bit of emotional whiplash?

According to the wise sages of technical analysis, XRP is busy painting a bearish head and shoulders—every trader’s favorite ominous doodle—foretelling doom. It’s got the left shoulder, the monstrous head, and the right shoulder, all hanging around the support zone between $2.10 and $2.15. The price is breaking below this line, though the final curtain has yet to fall on this tragedy.

These newfangled contracts are priced in US dollars per lot, but oh no, they do not settle in dollars—they settle in Russian rubles! Which means local traders can indulge in Bitcoin’s wild rollercoaster without cavorting on some foreign crypto playground. Think of it as Russian roulette with a few extra rubles spinning in the chamber. 🎲💸

But don’t be fooled! Despite the snooze-fest, the brave long-term holders—or LTHs for the cool kids—are more convinced than ever that Bitcoin’s future is as bright as a lighthouse in a storm.

In a statement that surely made other miners choke on their morning coffee, Bluebird declared it’s responding to “a tectonic shift in global markets” (sounds fancy, right?). Apparently, the venerable gold’s days as the world’s favorite store of value are numbered—by some thought leaders, at least. Enter Bitcoin, often called “digital gold,” though admittedly it doesn’t *look* like gold, smell like gold, or even spend like gold without the inevitable disaster of uncleared transactions. Still, the company plans to convert future mining revenues into Bitcoin and keep it as their main pocket-filler on the ledger. Because who needs boring old gold when you can have blockchain bragging rights?

In this period of price tranquility (which some might argue is just a brief intermission in the opera of chaos), market analysts are wringing their hands, asking: “Is the bull cycle losing steam, or is it merely taking a breather?” Well, buckle up, because no one really knows. And, frankly, doesn’t that just add to the charm of the whole crypto circus?

According to whispers from the digital abyss, between March and June of their latest calendar, these neophyte titans of the market doubled their grim treasure—half a million gave way to over a million, as if by some devilish alchemy. This mountain of gold, worth a staggering $63 billion, vanished from the world of the miners, cast into the coffers of these audacious newcomers. Oh, what a spectacle! The very fabric of the market shifts as their grasp tightens, tightening the noose of supply just enough to make the common man tremble. 💰

If you’re wondering whether this is sustainable, you might recall Coinbase’s 2021 IPO—an instantly famous “this time is different” moment. That stock opened at $381, shot up to a dizzying $430, and then, just like the hopes of getting fit by January, plummeted below $200 faster than you can say “pump and dump.”

In the vast and tangled web of commerce and hope, there arises a story both amusing and tragic—a tale of men and money, of trust and betrayal. Circle, a giant cloaked in the garb of innovation, stands accused not only by outsiders but by its own supposed allies, who, after years of loyalty, find themselves … Read more

Ce feu d’artifice de transactions, lancé à la Saint-Fiacre, vient deux mois après avoir déjà franchi la millième marche, en avril dernier. Une croissance à faire rougir le Petit Molière lui-même ! Mais, hélas, voilà que la scène se dérobe : les transactions quotidiennes, ces braves spectateurs, commencent à quitter le spectacle. Seule une poignée, à peine 63 780 transactions, applaudissent encore en silence, ce depuis la fin mai. La pièce se joue en baisse, comme la scène d’un acte triste.