Currency Forecast

The 1-hour chart is a soap opera. XRP dipped to $2.035, then staged a dramatic comeback, forming what looks suspiciously like a double-bottom reversal pattern. A green candle near $2.10, paired with rising volume, is the equivalent of a mic drop for bulls. Traders are now eyeing a break above $2.105 like it’s the last slice of pizza at a party. If it happens, $2.15–$2.18 is the next stop. But, as always, there’s a catch: a stop loss below $2.06 is recommended unless you enjoy financial heartbreak. 💔

Apparently, according to Lookonchain (whoever they are, probably some genius in their PJs 🤔), IBIT had the biggest one-day inflow of all the Bitcoin ETFs. Added 455 BTC, darling! That brings their grand total to 571,869 BTC. Beat that, losers! 😜 All those other ETFs are probably green with envy.

In this grand spectacle, Binance Chain has set its sights on a noble quest: to reduce the total supply of BNB tokens to a mere 100 million. Currently, however, we find ourselves with a hefty 140.89 million tokens still lurking about, like unwelcome guests at a banquet. 🍽️

Entombed within the latest dispatch from the legal front, it is revealed: yes, the august Court of Appeals has consigned the dispute to a temporary limbo, at the express invitation of both Ripple and America’s own Securities and Exchange Commission. Each side, wearied by years of legal fencing (one imagines them pausing for a restorative glass of vodka), agrees to a sort of diplomatic cease-fire, the bureaucratic version of taking the dog for a long walk while everyone cools down.

Only MARA Holdings (MARA) and CleanSpark (CLSK) managed to outshine the biggest cryptocurrency during this period. Meanwhile, the HPC miners—think Bitdeer (BTDR), TeraWulf (WULF), IREN (IREN), and Riot Platforms (RIOT)—were left floundering like fish out of water. 🐟

The first act in this financial drama saw a modest 75,000,000 XLM, worth a princely $17,570,556, glide from one anonymous wallet to another, like a shy dancer at a ball. The second, a bolder move, involved 80,000,000 XLM, valued at $18,797,215, strutting its stuff across the blockchain stage. And then, the grand finale: a staggering 90,000,000 XLM, worth over $21 million, was sent to the dreaded dead wallets—those cryptic voids where coins go to vanish. 🎭💰

BeInCrypto, ever the nosy neighbor, is here to help you figure out if this AI-meme madness is worth your hard-earned cash or just another crypto circus. 🎪

Bitcoin, that capricious darling of the crypto world, is currently lounging about 21% below its all-time high. But fear not, dear hodlers, for Rekt Capital assures us that this is merely a blip. A blip, mind you, in the grand scheme of things. “This is a blip within that banana zone that’s going to see us go higher into an additional uptrend continuation,” he declares, as if he’s narrating a particularly dramatic episode of a soap opera.

At the prestigious Paris Blockchain Week (yes, it’s a thing), DeRosario spoke to crypto.news, lamenting how current streaming services fail to deliver fair compensation to artists. Oh, and by the way, they’re also too busy courting record labels to bother with the musicians who actually create the music. Shocking, I know.

At the time of writing, ADA was down 4.7% in the last 24 hours, chilling at $0.606. If today ends in losses, it’ll be its fourth straight day of dropping. Honestly, ADA, are you okay? Do you need a hug? Or maybe just a strong coffee? ☕