Enter CoinLedger, a sheriff in this wild west, promis’n to tame the chaos. It’s got them fancy dashboards, quick imports, and tax reports slicker than a used-car salesman’s grin. 🕶️🤠 But does it hold up under the scorchin’ sun of scrutiny? Let’s mosey on and find out.
The crypto market is having a bit of a temper tantrum-imagine a toddler in a toy shop, some coins splashed tears while others remain remarkably unfazed. Privacy coins like monero and zcash took a nosedive of more than 4%-poor things-while Bitcoin, Ether, Solana, and their pals bounced back like drunken sailors avoiding a storm from late Sunday. 🥴
Market participants-those modern-day fortune tellers-are anxiously awaiting to see whether ETH will hold steady above this key point or fall into the abyss, to be swallowed up by lower support zones that traders whisper about in darkened corners of the internet.
Ah, now this is where it gets as exciting as a chocolate river! 🍫 The tax relief could send Japan’s crypto adoption soaring higher than a giant peach! 🍑 Remember the stablecoin rules overhaul in 2025? This is the cherry on top! 🍒
Now, it’s just got to get past the $2.366 hurdle-either that or cave. Once it clears, a jump beyond $3 could be on the table, or at least that’s what everyone’s pretending to believe. The volume indicator (OBV) is chillin’ up top, while RSI is giving bullish divergences-basically telling us, “Hey, buy’s still got some juice.” But beware, sellers are on the ropes, so keep an eye on that interim resistance; it’s the brick wall standing in the way of more gains.
Apparently, this long-term Cardano enthusiast thought it was a great idea to swap his ADA for some obscure stablecoin called USDA. 🌽 Yeah, not the corn, but close enough in terms of value. The result? He got 847,695 USDA tokens, which is basically the crypto equivalent of getting a participation trophy. 🏆
Sunday’s Fear and Greed index hit a glorious 10-think of it as Bitcoin’s version of “Please, I’m begging you, love me again.” That’s the lowest since 2018, folks. If history has taught us anything, when sentiment is this bleak, it’s usually the universe’s polite way of saying “Hey, a comeback’s probably around the corner.” Or so we hope. 🍿
Ah, perpetual futures-the crypto world’s answer to “Why stop when you can keep losing money indefinitely?” Singapore Exchange, ever the gracious host, is now offering institutions the thrill of betting on Bitcoin and Ether with no expiration date. How modern. 🥂
But let’s toast to ETH, shall we? It’s outshining BTC like a sequined gown at a black-tie gala. Derivatives positioning? Healthy. Liquidity flows? Fabulously on point. While BTC is sobbing into its blockchain, ETH is sashaying through the chaos like, “I woke up like this.” 💃✨
As the recent days have worn on, one might liken Bitcoin’s trajectory to a tormented soul, sliding inexorably toward the mid-\$90,000 threshold, its once-vibrant hue dimming in the spotlights of both spot and derivatives markets. Investors, clutching their ledgers and hearts, seem convinced only of their own misfortunes.