These transfers, like the rustling of leaves in a gentle breeze, have reignited concerns around potential sell pressure from old whales and institutions, as if the market were a grand chess game, with each move meticulously calculated.
Semler, which spent over 15 years focused on chronic disease detection, a noble but perhaps less glamorous pursuit, adopted bitcoin as its primary treasury reserve asset in May last year. This decision, as bold as it was unexpected, has set the stage for a tale of transformation and ambition. 🌟
A recent filing revealed that the U.S. Securities and Exchange Commission has accepted the application for a Bitcoin (BTC) and Ethereum (ETH) exchange-traded fund. Truth Social first filed its S-1 form with the SEC for this crypto ETF, which holds both Bitcoin and Ethereum, on June 16. Because why not, right? 🤷♀️
After plunging to $0.000021124, BONK staged a dramatic recovery and closed at $0.000022868. As of the latest reading, the token trades at $0.0000228, slightly off highs but firmly within bullish territory.
The investment gives Tether direct access to Crystal’s suite of tools for real-time risk monitoring, fraud detection, and regulatory intelligence, bolstering the company’s ability to help global law enforcement track suspicious activity, the firms said in a Tuesday press release. Crystal has worked alongside Tether to build Scam Alert, a public database that flags wallet addresses tied to scams, as if they were posting wanted posters in the town square. 📢
Pseudonymous analyst Pentoshi, with a following of 869,100 on the social media platform X, has a feeling in his flippers that Bitcoin will surge to an all-time high (ATH) price in the next few days. 🦦
The weekly SMA 50, that erstwhile stalwart of the SHIB chart, has turned downward, and now threatens to cross beneath the weekly SMA 200, a signal of doom and gloom, if ever there was one. And thus, we must prepare ourselves for the possibility of a bearish trend, unless, of course, the market decides to reverse its course, which, as we all know, is as predictable as a lady’s whims at a ball. 💃
“The greatest bull case for the ETFs has been the grand unlocking of RIAs in 2025,” Seyffart proclaimed, like a man who had just discovered the secret to everlasting life. “At the moment, the majority of assets are trapped in that perplexing middle zone, where, if a client asks about buying a Bitcoin ETF, the adviser can act – but can’t, heaven forbid, initiate the recommendation.”
This theory, much like a debutante at a high-society ball, has captured the attention of the community, amidst the recent bullish developments. But, dear reader, let us not be swayed by the whims of fancy; let us instead don the cloak of skepticism and subject this claim to the cold, harsh light of scrutiny. 🔍
According to the official press release, which was as detailed as a farmer’s almanac, the over-the-counter crypto platform planned to use the funds to grow and expand its team, much like a farmer might plant more seeds in anticipation of a bountiful harvest. The goal was to meet the rising demand from institutions that were looking for a safer way to trade, one that didn’t involve leaving their hard-earned crypto in the hands of exchanges that seemed as stable as a house of cards.