Currency Forecast

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.

Today’s chaos is fueled by the grand macroeconomic opera—monetary policies, trade tensions, and an overall sense that the market is just a big, unruly cat chasing its tail.

According to Hougan, the market is “unlocking” faster than a crowded parking garage—more wealth platforms are opening, and the SEC, that beleaguered behemoth of regulatory uncertainty, is finally softening its stance. He explained that ETF approvals are like the sun rising after a long night of existential dread: “The approval of ETFs provided a lot of regulatory clarity… and now that the SEC is hopefully allowing more ETFs, it’s opening up significantly.” Yep, just like that. Who knew bureaucracy could be so optimistic?

Investor sentiment, my dear friends, is divided. The bond market, with its cryptic warnings, and the global trade tensions continue to pester risk assets. Yet, in the murky depths of this uncertainty, the HODLers stand firm! According to CryptoQuant’s wisdom, the amount of Bitcoin held in silence—without so much as a whisper of movement—is at a two-year peak. Indeed, long-term holders, ever the picture of composure, prefer to hoard their precious coins rather than succumb to the temptation of selling. Such prudence! Such fortitude!

Phil and Dom Kwok, the dynamic brother duo behind this madness, spilled the beans to CoinDesk. They’re clearly thrilled with the results, which, naturally, included “really cool projects.” Over 1,000 developers brought their best code—via GitHub, naturally—because if you didn’t have a good GitHub profile, you didn’t even get a seat at the table. “It’s all about proven track records,” said Dom. Because why trust an app that doesn’t have a resume, right?

So here’s the deal: Bitcoin’s short-term future is going to hinge on the U.S. jobs report on Friday. If the jobs data looks like a sad clown at a party (read: slowdown), Bitcoin might just do that thing where it skyrockets. Oh, and let’s not forget those ETF inflows, like the little cherry on top of an already confusing financial sundae.

Yet, as with all things in life, this upward ascent is fragile. The seasoned long-term holders—those who have watched wealth ebb and flow like the tide—are seizing this moment as a golden opportunity to sell, perhaps with a smirk, profiting as the market teeters ever so precariously.