EURJPY

The overall structure remains bullish, but recent price action shows early signs of a potential short-term exhaustion.

But wait, hold your horses, for the plot thickens! The sudden surge in balance has birthed a garden of theories, ranging from “stabilizing the price” to “preparing for a major announcement or listing,” which, if we’re honest, sounds like a plot straight out of a poorly written soap opera. Some community members have compared ODM to Bitcoin’s mythical “Satoshi wallets.” Oh yes, the silence, the power, the long accumulation. It’s all rather theatrical, don’t you think? They’re practically waiting for someone to yell, “Oh, mighty Pi, show us your secrets!”

The daily bitcoin chart indicates a bullish breakout from a low of $98,240 toward a peak near $123,236 before consolidating back to the $118,000 level. This suggests that while the primary uptrend remains intact, profit-taking near resistance has led to a temporary pause. The presence of strong support at $98,240 and resistance at $123,236 outlines a defined range, with potential long positions favorable on dips near the $115,000–$116,000 zone. A lack of high buy volume accompanying the pullback implies subdued bullish conviction, making volume a critical metric in the coming sessions. The next upward push must breach the $122,000–$123,000 area on solid volume to confirm trend continuation.

The wallet, known as ODM, now boasts a staggering 315 million PI tokens, leading to whispers of a potential buyback strategy by the Pi Core Team or preparations for a major exchange listing. 🚀

If approved, this new approach could restart fund distribution within weeks – offering a possible breakthrough for users who’ve been waiting nearly a year after the $230 million hack. But wait, there’s a catch! The court is willing to revisit the case with one condition: creditors must vote again. 😱

While PEPE’s performance is impressive, the CoinDesk Memecoin Index (CDMEME) has also surged 7.12% in the last 24 hours. That’s more than double the 3.3% gain in the CoinDesk 20 Index of the largest, most active cryptocurrencies. It’s like the memecoins are having a party, and the big boys are just watching from the sidelines. 🎉👀

Now, we all know Bitcoin is the big brother, but Ethereum is clearly the kid who just discovered they can juggle flaming swords. It’s like Bitcoin’s had a little too much pizza and passed out, while Ethereum’s been doing jumping jacks. So, why is Ethereum suddenly the new kid in town? Let’s break it down:

According to a press release that must have been written by a court jester, the company aims to bolster its financial position and expand its opportunities to partner with web3-aligned firms by establishing a Bitcoin (BTC) treasury strategy. Inspired by the current global trend of companies adopting crypto treasury strategies, the firm intends to make Bitcoin its core reserve asset, as if it were the latest fashion in Versailles! 🎩

Now, Teng’s post didn’t just dabble in vague pleasantries about success. No, no. He took a deep dive into how Binance, since its grand debut in 2017, has survived not just one, but a multitude of regulatory hurricanes in various countries. Some say you could build a fort out of the regulations alone. But Binance? It’s like the cockroach of crypto exchanges—it just keeps on thriving. 🪳

Despite having solid tokenomics on paper, the memecoin has been stuck in a sideways chop for over two months, unable to break above the $14 ceiling.