On Wednesday, July 16, Aethir (ATH) and Credible Finance decided to make the world a slightly more confusing place by introducing the first crypto credit card backed by DePIN. If you’re a node operator or token holder, you can now claim this card for free, because who doesn’t love free stuff, right? 🎉
Despite the substantial sum that slipped through their fingers, BigONE assured its loyal patrons that all private keys have been secured, and the breach has been contained to prevent further calamity. The exchange is now in league with the esteemed blockchain security firm, SlowMist, to track the stolen cryptocurrency across various blockchains, including Ethereum, Bitcoin, Solana, Tron, and Binance Smart Chain. 🛡️
According to the oracle of our times, Glassnode, Ethereum is the singular gem in the treasure chest of top ten nonstable coins, boasting a charming 27% increase in futures volume over the last 24 hours. Open interest has also pranced up like a peacock with a 6% rise, meanwhile, funding maintains a calm, collected neutrality at a quaint 0.0047%. So, fresh positioning abounds, without a trace of the weary extravagance that often plagues lesser mortals.✨
In a plot twist that could only be scripted by the gods of finance, an obscure trader has transformed $6,800 into a whopping $1.5 million in just two weeks—without so much as a meme coin in sight. No doggy coins, no jumping on market trends like a frenzied flea! 🐶
The overall structure remains bullish, but recent price action shows early signs of a potential short-term exhaustion.
But wait, hold your horses, for the plot thickens! The sudden surge in balance has birthed a garden of theories, ranging from “stabilizing the price” to “preparing for a major announcement or listing,” which, if we’re honest, sounds like a plot straight out of a poorly written soap opera. Some community members have compared ODM to Bitcoin’s mythical “Satoshi wallets.” Oh yes, the silence, the power, the long accumulation. It’s all rather theatrical, don’t you think? They’re practically waiting for someone to yell, “Oh, mighty Pi, show us your secrets!”
The daily bitcoin chart indicates a bullish breakout from a low of $98,240 toward a peak near $123,236 before consolidating back to the $118,000 level. This suggests that while the primary uptrend remains intact, profit-taking near resistance has led to a temporary pause. The presence of strong support at $98,240 and resistance at $123,236 outlines a defined range, with potential long positions favorable on dips near the $115,000–$116,000 zone. A lack of high buy volume accompanying the pullback implies subdued bullish conviction, making volume a critical metric in the coming sessions. The next upward push must breach the $122,000–$123,000 area on solid volume to confirm trend continuation.
The wallet, known as ODM, now boasts a staggering 315 million PI tokens, leading to whispers of a potential buyback strategy by the Pi Core Team or preparations for a major exchange listing. 🚀
If approved, this new approach could restart fund distribution within weeks – offering a possible breakthrough for users who’ve been waiting nearly a year after the $230 million hack. But wait, there’s a catch! The court is willing to revisit the case with one condition: creditors must vote again. 😱
While PEPE’s performance is impressive, the CoinDesk Memecoin Index (CDMEME) has also surged 7.12% in the last 24 hours. That’s more than double the 3.3% gain in the CoinDesk 20 Index of the largest, most active cryptocurrencies. It’s like the memecoins are having a party, and the big boys are just watching from the sidelines. 🎉👀
