According to multiple news reports, citing unnamed sources, Blockstream is expected to contribute up to 30,000 Bitcoin to Cantor Equity Partners 1, a special purpose acquisition company (SPAC) that raised $200 million in January. In return, Blockstream would receive shares in the Cantor-backed vehicle, which is set to be renamed BSTR Holdings. 🏦📈
“If ETH breaks bullish and remains bullish against BTC, there is a 99% chance BTC Dominance has topped,” Hyland proclaimed in a mysterious X post on Tuesday, as if casting a spell over the crypto markets.
Apparently, this could all change! Lee suggests that the rise of stablecoins (which could be a euphemism for “money that doesn’t cry in the corner”) and Wall Street’s obsession with tokenizing everything from grandma’s knitting patterns to real-world assets is cranking up demand for ETH. He confidently stated that upsides are coming – whatever that means. 🙄
With the bears sharpening their claws and buyers taking a step back, the question on everyone’s lips is: Could an 8% dip be the next chapter in this grand saga? 🐻💰
The state has formed a new project, the California Breakthrough Project, to explore the wonders of blockchain, AI, and Web3 technologies in the realm of public services. The task force, which has already convened at the headquarters of Ripple in San Francisco, includes major tech companies such as Snap Inc. and Anduril.
Eureka! Behold, Nasdaq’s own Hyperion, who, having cast aside its old moniker of Eyenovia, has indulged in a most lavish purchase—120,726 tokens of Hyperliquid (HYPE), amounting to a staggering $5 million! Per Cointelegraph’s delightful missives, our dear Hyperion is not simply testing the waters; nay, it has dove headfirst into the depths of this peculiar project! 🏊♂️💦
Ethereum’s popularity is skyrocketing in the crypto sphere, establishing itself as a force to be reckoned with. BTCS Inc., in a magnificent display of blockchain fervor, recently snapped up a jaw-dropping 14,522 ETH. One can only imagine the glee of their investors as they proudly parade this new acquisition. In fact, at the time of the purchase, the value of this modest little batch of ETH was a mere $44.15 million. Ah, such a trifling sum!
But here’s the twist – it’s not just Citigroup making a move. JPMorgan, despite Jamie Dimon’s vocal doubts, has also decided to jump in. And you thought the bank that still uses fax machines was immune to modernity? Guess again. The pressure to compete is just too great. Who would want to miss out on this digital gold rush?
According to the fine scribes at Inner City Press, those prosecuting gents were keen on weaving a yarn that tied our poor fellow Storm to a band of merry North Korean hackers. Yes indeed, the accusations flew that he had used his invention to launder funds for these nefarious knaves, thus breaking the laws that the good folks of the U.S. hold dear as a cherry pie on Independence Day. The dastardly Lazarus Group, so the tale goes, was behind a heist in 2022 that made off with a staggering $600 million in crypto, leaving behind only their trail of crumbs.
Our beloved Bitcoin, after reaching the dizzying heights of $123,200, has now retreated to the more modest level of $116,000. This, as you may have guessed, dear friends, is due to the profit-taking and shifting market sentiment that has become the norm in this wild and unpredictable realm of digital currency.
