The Spot-Perpetual Price Delta: what stage! This melancholy gap has haunted Binance since December 2024, lingering like guilt after an ill-conceived confession. It’s almost Dostoevskian in its stubbornness.
Those most esteemed of investors, the institutions and crypto whales, are accumulating BTC with all the fervor of a Moscow merchant at a bazaar 🛍️.
This isn’t just a minor bureaucratic shuffle—no, it’s the Kremlin’s grand attempt to tame the wild west of digital assets. In the end, this will be a masterstroke of regulation and control, no doubt. A bold move with potential consequences for miners, the energy sector, and Russia’s shiny future in the crypto world.
1. Hosico Cat (HOSICO)
And here’s the real kicker—Ethereum has been on a wild ride since the announcement, climbing to $2,606.26. A neat 2.69% gain in just 24 hours. Market sentiment is bubbling up like a soda can that’s been shaken, and people are buying into the hype.
It seems that CRCL’s got some new friends in high places. A collaboration with Fiserv to offer stablecoin solutions has given the stock a much-needed boost. And with Fiserv’s global reach, this partnership is like a vote of confidence in Circle’s infrastructure 🌟
In total, just 1,116 articles flopped off the presses of eighteen mass media organs—hardly enough to line the budgerigar’s cage. The narrative, Perception reports, is “deeply polarized”—which is rather like saying the Atlantic Ocean is “fairly damp.” Of this miserable clutch of articles, a heroic 31% mustered cheerful noises, 41% shrugged passive-aggressively, and 28% clung to negativity with the persistence of an unwelcome house guest.
But fear not, dear reader, for there is a metric that may hold the key to unlocking Bitcoin’s future: the Mayer Multiple 📊. This trusty indicator, a stalwart companion to the cryptocurrency’s twists and turns, currently stands at 1.1x, a reading that places it firmly in the “neutral” zone (0.8–1.5x). Ah, but what does this mean, you ask? Simply put, it suggests that Bitcoin still has significant upside potential before hitting speculative extremes 🚀.
On the 8th of July, a most inauspicious day, traders congregated to seal LINK’s fate, their bearish sentiments echoing through the hallowed halls of CoinGlass 🏰.
Apparently, the monthly outflow/inflow ratio has dropped to 0.9, which is a big deal. It means people are feeling good about Bitcoin again and are accumulating it like crazy.
