While bitcoin has recently become the talk of the town (thanks to the Trump Administration’s crypto antics and corporations treating it like a shiny new toy), it still has a long way to go before it’s truly “mainstream.” Sani, the on-chain oracle, examined the blockchain to find out who’s really pulling the strings. Spoiler: it’s not you. 🧙♂️
Apparently, the labor market is now the “critical macro signal” for Bitcoin. Which means economists, who were spectacularly wrong about inflation for, oh, the last two years, are now going to tell us what color our digital coins should be. Great. 🙄
A clever chap called Nate Geraci (a Crypto ETF detective, if you will) reckons BlackRock *could* cough up an application for an XRP ETF. The BlackRock people themselves aren’t saying, of course – they never do. But Robbie Mitchnik, a rather important fellow at BlackRock who deals with all the digital jiggery-pokery, did explain what they look for in these things.
Major players have made bold moves in the Aster ecosystem in the past 24 hours. Most notably, celebrity investor MrBeast, who purchased over 167,000 ASTER tokens, worth $305k. At the same time, as per Defillama, Aster’s daily fee haul is topping $14.3 million, more than Uniswap, and second only to Tether. 🐉💎
Now, it’s hanging out at a spot that’s more critical than the last episode of a soap opera-right at the support-turned-resistance zone. It’s like the big finale; if it clears this hurdle, we might be looking at some serious bull market fireworks. 🐂🔥
This technology is said to settle USD payments for local business clients within minutes, 24 hours a day, seven days a week-the clock now serving the currency rather than the other way around. And one must smile, wryly, at how speed becomes virtue: why bother with the patient patience of weekend delays when you can have a machine that doesn’t sleep? Still, the old complaints linger like ghosts-the relief of rapidity tempered by the ache that trust can be replaced by a string of digits.
Bitcoin, that capricious jester, recently leapt above $112,000 after a brief dip into the “fear zone,” where analysts whisper secrets to the moon. The daily Relative Strength Index (RSI), that unreliable oracle, recently touched near-oversold levels-a sign, they say, of a new uptrend. But let us not forget, history is a cruel mistress. Bitcoin also continues to trade above its 200-day moving average, a signal that the broader trend is still bullish… or perhaps just delusional. 🤡📈
A potential short squeeze looms like a thundercloud over the market’s idyllic landscape, with liquidation targets stacked like dominoes waiting for a breath of bullish wind. A mere flick of the finger-*poof!*-and the shorts may find themselves in a waltz they never asked for. 🤡
BRICS (which, let’s be real, sounds like a construction company), the United Nations (still a thing!), and the G20 (a lot of talking, very little actual fixing) were all hot topics when Russia and Brazil got together. They want to “enhance cooperation.” Which I’m pretty sure is diplomatic speak for “let’s agree on what to disagree about.” It’s like a very formal passive-aggressive friendship.
Ethereum was like, “Catch me if you can!” trading at $3,990.17, down 0.58% on the day and a whopping 10.78% over the week. Volatility, you’re such a tease! 🎢
