Currency Forecast

Colin Talks Crypto-a name that sounds like someone who might be a cartoon detective-shared a chart that uses Tether’s market share to predict Bitcoin peaks on an inverted log scale. Yes, dear reader, a graph so complex that it makes the Mona Lisa look like a child’s doodle. Brandt, in his infinite wisdom, didn’t just nod like a bobblehead; he actually called it “brilliant.” Now, all we are left to wonder is: does this prophecy anticipate the next high or just a glorious excuse for more speculation? 🤔

So, XRP’s price has dipped over 10% in the past week-standard market mood swings, really. But the real tea? Glassnode reveals that the Percent Supply in Profit has nose-dived to 93.5%, a near-two-week low. Less profit? Less pressure to sell? Or just a sign that everyone is secretly holding their breath, waiting for the big bang. When fewer whales are sitting on untaxed gains, history whispers of a swift 5-8% rally. It’s like the calm before the storm-except the storm is probably just a ripple.

According to the latest revelations from the esteemed Dune Research, the annual crypto exchange flows in LATAM were a modest $3 billion in 2021. Fast forward to 2024, and behold! The total exchange flows have ballooned to a staggering $27 billion, an increase of 800%! It seems the digital asset growth in the region is as unstoppable as a runaway train! 🚂💨

Mantle, or MNT if you prefer, is chilling at $1.36, which is more than 11% up in one day and a staggering 35% since last week. The trading volume? Over half a billion dollars – because apparently, everyone suddenly remembered crypto exists. The wild ride happened even as most other tokens went on a holiday, thanks to some fancy US economic data that suggested risk is for suckers.

Bitcoin’s still sitting pretty, projected to hit between $150K and $200K within the next year. But hold onto your wallets, because it’s not just Bitcoin having all the fun anymore. The playground’s expanding! 🎢

The brochure now speaks of “strategic sectors for the 21st century”-a phrase so grandiose it practically arrives in a tuxedo. Translation: anything buzzy enough to make CNBC hyperventilate on live television. We are promised mergers with singular (for which read “solitary and possibly imaginary”) businesses in AI, DeFi, energy, and defense. One half expects fire-breathing unicorns and nuclear hamsters to appear on slide deck #37.

It was Davide Crapis, a fellow with more enthusiasm than a kid at the county fair, who introduced this new standard. He’s got plans-big plans, involving building on an old protocol called Agent-to-Agent or A2A, with a shiny new trust layer slapped onto it. Three tiny on-chain registries-Identity, Reputation, and Validation-like little paper notes pinned on a board, helping these agents find each other in the vast wilderness of Ethereum. All neat and tidy, leaving the rest of the logic to off-chain bits, because everyone knows the real magic happens where you can’t see it.

The outflows, totaling $196.7 million, were the second-largest ever recorded since the inception of Spot Ether (ETH) exchange-traded funds (ETFs). Only once before, on August 4th, had the market seen such a dramatic exodus, with a staggering $465 million leaving the funds, according to the wise sages at SoSoValue. 📊📉

Yep, thanks to President Trump and Executive Order 14178 (sounds like a bad Star Wars droid), the feds want “public input” on how to stop the crypto bad guys while still letting stablecoins like USDT and USDC frolic in the digital prairie. Because nothing says “cutting-edge finance” like filling out an online comment card, right? 🎰

This “Terrorizers 111 Group” – honestly, the name alone…- wanted five grand in crypto. Like, seriously? Five grand for a bit of digital mischief? Bit low effort, wouldn’t you say? They claimed to have planted pipe bombs and, get this, “advanced explosive devices.” Pretty dramatic. The police, thankfully, had a look around and discovered… absolutely nothing. A complete waste of everyone’s time. But hey, at least the cyber forensic teams have something to do, chasing digital ghosts.