Crypto News

Enter the sage Burak Tamaç, who, from the battlements of social media X, unfurled a scroll of on-chain wisdom via the BTC Supply Distribution URPD. This metric, a convoluted chart of where Bitcoin’s unspent treasures lie dormant, pretends to forecast support and resistance zones—much like an old mystic peering into a crystal ball, only to misread the signs half the time. Tamaç notes a yawning chasm in the UTXO distribution around $110,000 to $115,000, a void where few transactions have stirred, suggesting that this ghostly interval might cradle the cryptocurrency in its invisible arms. 😂

As if possessed by a rebellious spirit, this altcoin’s recent surge—bolstered by the gentle winds of favorable market conditions—has ignited a flicker of hope in the hearts of weary investors, whispering of a possible pilgrimage to new heights. After a period of patient consolidation, it seemed this wayward token might finally break free from its self-imposed shackles.

“Send it.” A phrase so simple yet laden with the weight of financial ambition.

Here’s a quick rundown of the major happenings in the crypto world this week. Buckle up, it’s going to be a bumpy ride! 🚀

Looking at the 4-hour chart from MK, it seems PENGU is slowly creeping out of a “falling wedge” (though some of us like to call it an elegant triangle). After topping near $0.048, it settled down at $0.0355, right in the zone where breakthroughs happen (or at least where hope hangs on by a thread). Now, it’s trying to burst through the upper trendline. Good luck with that!

Bitcoin (BTC), that ever-so-dramatic diva of the digital currency world, has decided to grace us with a 2.14% increase over the last day. Truly, it’s like watching a soap opera where the plot twists involve numbers and charts instead of forbidden love affairs. 💔📊

As if summoned by the spirits of the stock market, TRON generously bestowed upon us its Q2 2025 earnings report, like a magician pulling a rabbit out of a hat. Lo and behold! Market capitalization soared by 17% with a flourish, reaching a staggering $26.5 billion, all while revenue jumped a brisk 20.5% to $915.9 million—both accomplishments singing like a swan in a sea of mediocrity. And verily, this report hints at institutional interest swelling like a beloved soufflé, as TRON navigates the tempestuous waters of the crypto markets, where opinions are as varied as the hats at an aristocratic ball. 💃

Crypto sleuth and XRP cheerleader Ripple Van Winkle is ringin’ the dinner bell for investors, claimin’ the big show hasn’t even started yet—what we’ve seen is just a teaser, like a sneak peek at a bad melodrama. In his latest video rant on X, he lays out the gospel: heavy hitters like BlackRock, Fidelity, and PNC are sniffin’ around, especially with XRP ETFs gainin’ traction. Once the SEC gives the nod, these trillion-dollar behemoths might pile in, and oh boy, won’t that be a sight! Van Winkle swears the real price surge is baked right into the system, not some slow crawl, but a lightning bolt that could zap us all to kingdom come. ⚡😏

Sakharov told CryptoMoon that even a 20% flat tax won’t save Japan’s crypto scene. “The 55% tax is a slap on the wrist,” he said. “But the real pain? The FSA’s ‘pre-approval’ model. It’s like asking a toddler for a 10-page report on your startup. 😭”

He’s claiming that JPMorgan is blocking Gemini from essential banking services because he’s dared to criticize them. Could it be because he suggested that banks charging fintechs for access to customer data might bankrupt those very fintechs? Nah, that’s probably just coincidence. Or maybe JPMorgan just doesn’t like being called out on Twitter, which, let’s be honest, is *probably* the real reason.