qfx In a charming display of communication, Binance gallantly proclaimed, “New developments will be shared here. Thank you for your patience.” How enchanting! Nothing like a bit of suspense to spice up our trading lives, wouldn’t you agree? 🍸
Atomic’s old infrastructure-which somehow managed to juggle $140 million in volume and $25 million in BTC TVL without a single hack (take that, Ankh-Morpork’s thieves’ guild!)-is now pivoting to serve the fancy-pants institutional crowd. 🏦 Lygos promises to deliver bitcoin-native credit products that keep collateral on Bitcoin L1 and issue stablecoins on Ethereum, because why use bridges when you can build a magical portal instead? 🌉✨
Here’s your crypto rollercoaster! 🎢 (Spoiler: You’re not gonna like the loop-de-loop.)
Hoskinson, with the confidence of a man who’s never seen a hamster wheel he couldn’t monetize, declared BTC might hit $250,000 this cycle and $10 trillion in market cap by 2029. He attributed this to “new US stablecoin rules,” which is crypto for “maybe regulators will stop panicking like startled chickens.” 🐔
What’s driving this madness? A cocktail of stronger-than-expected US GDP numbers and some good ol’ Fed-induced nail-biting. The traders, bless their optimistic hearts, are clinging to hope like someone clutching a lottery ticket. And amidst the chaos, two cryptos-Bitcoin Hyper ($HYPER) and Best Wallet Token ($BEST)-have emerged as the new darlings of the presale scene, raking in over $10 million each. Who needs sleep when you’ve got moonshots to chase? 🚀
Robinhood’s crypto menu, once as dull as a Sunday sermon, now gleams with shiny new tokens-Sui, Ondo, and even that meme coin, Peanut the Squirrel. Seems the U.S. government’s regulatory stance has gone from “hang ‘em high” to “help yourself, dear sir.” HOOD stock danced a jig in pre-market hours, but the crowd on Stocktwits? Still grumbling like a bear with a toothache.
In this week’s surprising tale, Cryptoville hailed its unexpected protagonist, Cronos (CRO). The token purveying the famed Crypto.com witnessed its fortunes swell by over 100% in a mere trio of days. At its height, it reached nearly $0.40-a zenith last graced in the spring of 2022-but now reclines at a modest $0.29.
🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 2,000 #BTC (222,234,876 USD) transferred from unknown wallet to unknown wallet
But let’s not get too excited just yet. The road to $150,000 is paved with supply scarcity and a bunch of institutional players who are holding onto their coins like they’re the last chocolate chip cookies in the apocalypse. This, my friends, means there’s always a risk of a sudden, sharp correction-like when you accidentally spill coffee on your laptop and all your crypto dreams go up in smoke.
Cardano [ADA] bulls, those tireless laborers in the crypto fields, have been fervently clutching the short-term support level at $0.846. Indeed, the altcoin has surged by a staggering 51% since 8 July when it languished at $0.572. Meanwhile, the crypto market sentiment resembles a Dostoevsky novel-mixed, chaotic, and volatile. Ah, the beauty of unpredictability! 🎭