Cryptonews

Behold! Bitcoin ascends to $122,000, a spectacle that whispers of price discovery, or perhaps, mere folly. 🎢

In a recent video update-presumably delivered with all the gravitas of a Shakespearean soliloquy-Cheds declared that Ethereum hath broken free from a “massive bullish pattern.” Imagine, if you will, a great beast awakening from its slumber, stretching its limbs, and preparing to leap into the heavens. Such is the imagery conjured by this proclamation. The price, he notes, resides in an uptrend above a rising 200-day moving average-a fact so profound it almost demands a curtsey or two. “How dost thou play it?” he muses aloud, as though addressing an eager audience at Almack’s. Why, one must seek a “clean horizontal level,” of course! 😌

Key Support levels: $4,000 (because apparently, even cryptocurrencies need therapy).

According to the fine folks at crypto.news, ZORA’s price skyrocketed to $0.139 on that fateful Monday, with its market cap ballooning to over $436 million. That’s a 160% increase from this month’s low, which is like saying you’ve lost 10 pounds only to find it again in your fridge. 🍕

Ah, the grand circus of blockchain! Regulators scratching their heads, trying to find sense in the cryptic chaos. Just another day in the life of a developer – building dreams in ones and zeros, while officials chase shadows. Yet, in this wild game of legal hide-and-seek, the question remains: will the blockchain’s rebels ever find their sanctuary, or just another cage to code within? 🤔💼😂

Now, BeInCrypto, that clever bunch, has taken a keen eye to three altcoins that are not just playing the game but are looking to rewrite the rulebook. These coins are so close to their all-time highs, you might just hear them whispering sweet nothings to the sky.

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BNC now-fancy!), announced it bought 200,000 BNB tokens worth a staggering $160 million – enough to buy a small island or maybe just a really nice yacht. This move comes after a $500 million private sell-off backed by YZi Labs and 10X Capital. The money? To make BNB their main stash – fancy stuff, eh?

By 11:25 p.m. ET, Bitcoin was dancin’ at $121,852, leavin’ the 24-hour chart lookin’ like a drunken squirrel on a trampoline. Ethereum, meanwhile, was chasin’ its tail at $4,300, all while the market’s more volatile than a cat in a room full of rocking chairs.

Fast forward to Thursday, when the SEC-perhaps tired, perhaps defeated, or perhaps just confused by its own legal briefs-dropped its appeal. Ripple, equally eager to move on, abandoned its cross-appeal. Both sides agreed to shoulder their own legal fees, sealing a June agreement where Ripple coughed up $125 million. And so, the most-watched crypto case in U.S. history ended not with a bang, but with a whimper. Or rather, two signatures on a court filing. Poetic justice? Or just… bureaucratic boredom? 🤷‍♂️