The venerable institution now contemplates expanding its digital horizons, crafting services for those privileged institutional clients who demand a slice of the crypto pie. It’s a bold step, reminiscent of a confident nobleman venturing into the bustling market-risky yet potentially rewarding, and quite possibly, the talk of the town.
Gold’s up 73.6% this year thanks to Fed rate cuts, geopolitical drama, and central banks buying like it’s Black Friday at Tiffany’s. Global reserves hit 40,000 tonnes-because nothing says “diversify” like hoarding gold like Scrooge McDuck. 💰
On Monday, the enigmatic NoLimit, a prophet of the digital realm, declared that this Friday shall be etched into the annals of crypto history. Over $23.6 billion in Bitcoin options, like a titan’s wager, await expiration. The expert, with a gaze as piercing as a dagger, urges all who hold crypto to watch with bated breath-or perhaps with a glass of vodka in hand. 🥃
The deal marks one of Alphabet’s largest infrastructure-focused acquisitions and points to a growing reality in Big Tech: AI is as much an energy problem as it is a computing challenge. By bringing Intersect Power in-house, Bloomberg reports that Alphabet aims to gain tighter control over how, where, and when power is generated for Google’s data centers as U.S. grids strain under rising demand. Dear old thing, who knew electricity could be so… dramatic? 💰
CoinMarketCap data shows that Solana’s trading volume climbed by 10.6% to $3.19 billion in the last 24 hours. Despite this, the price has remained in the red zone. SOL is underperforming the broader crypto market as Bitcoin dominance rose to nearly 60%-because nothing says “I’m the king” like a 60% slice of the pie. 🍕👑
According to CoinGlass data, Shiba Inu open interest reached $75.76 million in the last 24 hours, which translates to 10,346,899,754,165 SHIB. This represents a nearly 8% increase. Whereas Shiba Inu open interest has declined in prior days, the current increase marks a significant shift. A most fortuitous turn of events, I daresay 🤯.
In a move as sudden as a typhoon in June, Bybit, the second-biggest crypto exchange by trading volume, has decided to give Japan the ol’ heave-ho. 🌪️ The company, with a straight face, claims it’s all about “compliance”-you know, that fancy word for “we don’t wanna get sued.” 🤷♂️
On the daily dance floor, BTC recently threw a bit of a tantrum at its favourite descending trendline-gently rejecting all attempts to make a break for the (digital) skies. One might say the resistance is as stubborn as Uncle Tom at a family reunion. Meanwhile, the cryptocurrency has taken refuge above the hallowed ground of $82,000-$84,000-think of it as a resilient duck on a pond, steady and unflapped, despite the ripple of bearish waves.
Apparently, this whole thing worked seamlessly within the existing infrastructure. Merchants got their money the usual way, and consumers paid like they’ve been doing since the dawn of time. Groundbreaking? Maybe. Boring? Definitely. But hey, it’s progress, I guess. 🚀
RX’s $0.27 Support: A Love Story