SHIB, that elusive spirit, now finds itself ensnared in a symmetrical triangle, a geometric prison since July, its price a fragile ember at $0.0000126. The apex looms near, a precipice between $0.0000132 and $0.0000120, where the air thickens with anticipation. Yet, the specter of a downward plunge lingers, a shadow cast by the influx of tokens, as if the market itself holds its breath, fearing the next move. 🌪️
Everyone wants a piece of the cake, but it’s crucial to pick the right slice, not a stale one. One approach is to play it safe by investing in well-known assets like Bitcoin and Ethereum. A prudent choice, though perhaps as thrilling as watching paint dry 🎨.
According to a rather enthusiastic Facebook post by the local news publication BusinessWorld, Aquino plans to file this bill “in the next couple of weeks.” One can only hope that the weeks do not stretch into months, as is often the case with such grand proclamations. The measures, if they come to fruition, would “integrate the government’s budget and transactions into a blockchain platform for better transparency.” Because, of course, what could be more transparent than a ledger that everyone can see but no one can understand? 😏
According to Polymarket, Johnson has a 6% chance of winning. Not exactly a landslide, but it’s enough to edge out Kamala Harris, who trails at 5%. Shares of Johnson winning are currently trading at a cool 7 cents, which, if you do the math (and we know you will), gives him a 7% shot at securing the Democratic nomination. For those keeping score, that places him behind Gavin Newsom, Alexandria Ocasio-Cortez, and Pete Buttigieg-although let’s be real, all that could change by 2028. And yes, he’s ahead of Harris, which is, well… kind of a surprise!
Bitcoin’s daily chart reveals a market in a state of consolidation, much like a ball in full swing where the guests are trying to find a partner for the next waltz. Following a downward break from a descending triangle pattern, we see a rather intriguing arrangement of lower highs at $124,517 and a low at $108,717. At present, the price sits comfortably near $113,000, but there is a hint of a possible rebound on the horizon, with increased volume at recent lows-suggesting an accumulation of intrigue. Support sits prettily at $108,500, while resistance raises its haughty head at $117,500 and $124,500. Should the price break above $117,500, it could signal an inviting, upward journey, but beware! A breach below $108,000 might spoil the dance altogether.
Last week, XRP decided it liked the $3 neighborhood so much that it refused to leave, bouncing between $2.95 and $3.05 like a kid on a trampoline. By August 27, it settled comfortably at $2.98, proving once again that even cryptocurrencies need naps. The $2.975-$2.98 range is holding steady as support, thanks to what some call “institutional confidence” and others might simply dub “stubbornness.” Analysts insist the $3.02-$3.03 resistance band is the real test-pass it, and XRP could gallop toward $3.20 like a horse chasing carrots. Fail, and well… let’s not dwell on failure. 😅
Meanwhile, its competitors were left clutching their hats-Circle managed a modest $49.25 million, Hyperliquid scraped together $31.18 million, Tron jingled its coin purse to $13.96 million, and Pump.fun shrugged off a humble $12 million. All hail Tether, the monarch of dollar-backed stablecoins, waving its green flag from the digital throne.
In 2010, Bitcoin was worth a few cents. One year later, it hit $20. In six years, it was $17,000, and now it’s sitting at over $100K, after hitting an ATH of $123K in July. I mean, who saw that coming? Not me, that’s for sure. 🙄
Meanwhile, the more anxious holders ponder whether XRP still holds a place in SBI Holdings’ labyrinthine blockchain empire, their minds a veritable circus of doubt. 🧠
Once again, we find ourselves in the delightful intersection of politics, power, and Bitcoin. It’s like a reality show, but with more spreadsheets and fewer roses. Here are the juicy details. 🍷
