Ethereum Classic Soars: A Tale of Bulls and Bears 🐂🐻

But wait, there’s more! Backed by a trading volume that would put a king’s ransom to shame—$1.08 billion, up a staggering 230% in 24 hours—and a technical structure that even the most skeptical of analysts might find hard to ignore, ETC is poised to challenge the $26–$28 resistance zone. Uncharted territory, you say? More like a land of untold riches, waiting to be claimed by those with the courage to venture forth. 🗺️💰

MARA: The Bitcoin Banker or Just a Mining Mogul?

It has been a while since I last covered MARA Holdings (NASDAQ: MARA) and its Bitcoin treasury strategy. Yes, it still holds the crown for the largest hash rate among public Bitcoin miners. Yes, it also has the biggest stack of Bitcoin on its balance sheet. But honestly, nothing was compelling enough to take a deeper look in recent quarters. 🤷‍♂️

ETH to $30K?

Lee’s argument is that MicroStrategy’s shares went from $13 to $455, a 35-fold gain 🚀. And get this, only 11 of those gains were from bitcoin’s price increase, the rest was from their “treasury strategy” 📊. I’m not gonna bore you with the details, but basically, they’re doing some fancy financing moves that make their BTC per share go up faster than the coin’s price 💸.

Rugby Rogue Gets Busted! 😱

From January 2021 to October 2022, Moore concocted a company called Quantum Donovan LLC. He told everyone they’d be buying and operating these fancy cryptocurrency mining systems, and get this – a 1 percent daily profit! Imagine! Folks believed him, handed over their hard-earned money…and he simply pocketed it. A right bounder, this Moore.