While SHIB’s price action is about as exciting as watching paint dry (unless that paint is Bitcoin, which just hit another all-time high because of course it did), some chart-wielding nerds insist it’s forming a “structure” that could lead to an “explosive rally.” Translation: It might go up. Or down. Or sideways. Who knows? 🤷♂️
Bitcoin pulled the procession into a mud-puddle ( BTC ), briefly flirting with the edge at $109,683, a drop that wore a near-double-digit grin in 24 hours. Ethereum ( ETH) volleyed from an intraday high of $4,386 down to $3,574 at 5:21 p.m. EST, while XRP sank to $1.58, its lowest jest since Nov. 29, 2024. 😂
But hold on to your overalls, folks, because this tale of woe might just take a turn. Technical and on-chain indicators are whispering sweet nothings about a potential rebound-a 13% climb, no less. And for Pi, that number 13 might just be the lucky charm it’s been waiting for, turning its fortunes around like a farmer finding a gold nugget in his pigpen. 🌽💸
Enter BNB’s memecoin crash, a train wreck of losses between 60% to 95%, which sent traders running back to the comforting arms of Solana. Why? Well, turns out, Solana’s got better on-chain fundamentals and a much cleaner macro setup. Who would have thought, right? 🙄
The release notes-under the banner “A big release of hydra-node! It’s official. We’re at version 1.0.0!”-are basically a love letter to developers. 💌 The team promises to “continue to support [the] Hydra Head protocol into production environments,” even while they’re still wrestling with the “largest outstanding known problem,” partial fanout. Oh, and don’t miss the tiny detail that it’s marked “Pre-release” on GitHub. Because nothing says “ready for prime time” like a pre-release tag, right? 🤔
According to company notices and filings, the new creature wears the name Gemini Intergalactic Australia Pty Ltd and carries the AUSTRAC badge like a stubborn ledger book that won’t quit. A badge that says: “We’re here, and we’ve got receipts.” 🧭💳
E142: @CryptoHayes: Bitcoin masterplan: $1M peak by 2028, crash by 2029
For his second appearance on When Shift Happens – @MaelstromFund CIO – Arthur delivers the rawest, sharpest macro and crypto insights in this no-filter episode.
Timestamps
0:00 Introduction
1:52 Coffee…
According to the Times of India (they’re always on the case!), a smooth operator named Deepa lured poor Kishor into a group called ‘Conforge Finance.’ Sounds legit, right? WRONG! 🚨 First, they told him to invest small amounts-you know, just dip your toes in the crypto pool. But before he knew it, he was doing the financial backstroke, making 38 transactions between June 25 and September 8, totaling ₹56.47 lakh! 🤑💸
Despite a short-term correction being plausible, momentum remains strong. And it’s all thanks to institutions still betting big on $BTC, contributing to its recent $126K ATH.
Bitcoin’s implied volatility (IV), which is a fancy term for “how much the market expects Bitcoin to throw tantrums over the next few weeks,” has hit a 2.5-month high, aligning perfectly with the spooky seasonal trends we’ve come to love. 🎃
