KDA, that fickle creature, will remain in circulation-over 566 million tokens still to be distributed as mining rewards until the absurdly distant year of 2139. Time, it seems, is both a thief and a jester. ⏳
The mechanics rest on a summer policy shift. Because of course they do-nothing good ever comes from a simple Tuesday in July. 🌞
In his latest missive, Cramer proclaimed to his audience that crypto was “due for a push today,” while Bitcoin was busy sitting pretty at $, 💸. Ah, but the market, in all its infinite wisdom, had other plans 🤔. Within the hour, the price action did a , slipping to $, BTC, down .%. Not a catastrophic collapse, perhaps, but enough to show that Cramer’s call was, yet again, instantly inverted 🔄.
The removal has put Binance under the microscope, as users question whether the exchange sought to suppress criticism or influence the narrative. One might say it’s a masterclass in corporate theater, though the curtain call remains uncertain. 🤷
Yet, fear not! The whales-those elusive, powerful, and often misunderstood creatures-are buying. Despite the sharp corrections in nearly every major meme coin, some whales are still quietly accumulating. Could this be early positioning for the next big thing? Or are they just bored? Only time will tell. ⏳
Digital asset prime broker FalconX agreed to acquire crypto asset manager 21Shares, the Wall Street Journal reported on Wednesday. (Note: “Reported” might mean “whispered in a dark alley.”)
Oh, the irony! The token’s trends remain as bearish as a cat in a bath. Yet, the revenue figures suggest it’s playing the long game-perhaps a comedy of standing arm-in-arm with despair and wealth?
Yet, amid the chaos, a glimmer of hope persists. Short-term pressure may linger, but the whispers of on-chain and chart data suggest this pause is but a fleeting moment in the grand tapestry of Bitcoin’s journey. 🌟
Bitcoin ETFs netted $477.19 million, with BlackRock IBIT flexing its financial muscles at $210.90 million. Ark and 21Shares ARKB weren’t about to be upstaged, raking in $162.85 million. Fidelity FBTC, Bitwise BITB, and VanEck HODL joined the fun too, while Grayscale BTC added a humble $13.86 million. Even the smaller players-Invesco BTCO, Franklin EZBC, and Valkyrie BRRR-couldn’t resist contributing. Nine out of twelve funds partied hard, pushing the total trading value to $7.41 billion. Net assets? A cool $151.58 billion-6.85% of Bitcoin’s market cap. Someone hand out confetti. 🎉📈
