The cause of this exuberance? None other than the proclamation of President Donald Trump, whose announcement of a trade accord with Japan sent ripples of delight through the halls of Wall Street. Investors, ever the romantics in matters of profit, embraced the news with open arms and purses. 💼
From the long-view lens, Ethereum’s like that one friend who always says “I’m in a long-term relationship with the bull market”—rallying from about $2,112 to a peak of $3,862. But cats always land on their feet, and recent candle action looks a tad bearish, with volume dwindling faster than my motivation on a Monday. Support is forming around $3,600—think of it as Ethereum’s safety net—while resistance is stubbornly hanging in the $3,800 to $3,860 zone like a grumpy cat refusing to move. 🐱
The mystical realm of on-chain data unveils an ongoing treasure hunt, as addresses tied to WLFI scavenged up a magnificent 1,740 ETH (or a mere $6.5 million—what’s a little pocket change?) recently. These splendid purchases occurred amid a veritable bonanza, where wallets connected with this enigmatic venture snatched up 10,013 ETH—an awe-inspiring haul valued at approximately $30 million. Are they shopping for a yacht or just being naughty? Who knows! 🤷♂️
Here’s the juicy part. Bitcoin’s daily chart is a rollercoaster, but don’t hold on too tightly. Since it hit rock bottom around $98,240, it’s been steadily climbing, topping out at $123,236 before settling into what can only be described as a cozy little consolidation range between $117,000 and $121,000. Seems like Bitcoin is catching its breath, maybe sipping a virtual coffee, preparing for the next big move. A big surge of bullish volume was spotted right before it peaked, but is it exhausted? 😴
In a move that screams “We’re making history here,” BNY Mellon, the largest custodian bank on Earth (or so they say), will soon allow clients to invest in money market funds where ownership is securely recorded on Goldman Sachs’ private blockchain. Yes, you heard it—private blockchain, not the one your aunt uses to buy cat memes. A press release, which may or may not have been delivered with a flair of dramatic punctuation, spilled the beans on this groundbreaking news.
According to an announcement—likely drafted in a boardroom while someone sipped espresso—CoinShares Asset Management has been granted the Markets in Crypto-Assets (MiCA) blessing. This means they can now, with full regulatory pomp, manage crypto portfolios and dispense advice across the European Union. Because nothing says “trust me” like a government stamp. 🏛️
Back in 2024, DonAlt scribbled a “prediction” so bold it made astrology charts blush: XRP hitting $6.90. At the time, the coin was playing dead below $1, stuck in a legal purgatory. But hey, why not throw spaghetti at the wall and call it a “macro setup”? 🕶️
Meanwhile, in the hallowed halls of Coinbase Custody, the fund’s precious token holdings will be secured. You know, just in case anyone considered letting them mingle with the unwashed masses—an increasingly popular pastime in the realm of fancy decentralized finance (DeFi). Institutions are apparently clamoring for more exposure to this delightful circus. 🎪
BNB charged up another 7% today, pushing its market cap to $111 billion and snagging the 5th spot back – talk about a comeback story funnier than a bad sequel! Futures open interest jumped 23% to $1.27 billion, which apparently means traders are feeling “bullish.” Yeah, right, because nothing says stability like crypto bets. 😂 CZ’s tweet was pure gold: “Build and Build. $BNB. Appreciations to all the ecosystem players, BTC maxis, ETH holders, meme traders, ETF applicants, treasury pub cos, good regulators, and utility builders. 🙏” – Posted by CZ 🔶 BNB (@cz_binance) on July 23, 2025. If that’s not sarcasm wrapped in gratitude, I don’t know what is!
While Bitcoin is gracefully leaping over the $123K mountain—probably to buy a yacht—meme coins teeter on the edge of a potential explosion, like a toddler eyeing a cake. With prices so low you’d think they’re afraid of commitment, these coins are basically the pied piper for traders craving quick riches.
