Shiba Inu finally dons its golden crown – and oh, how it wags! 🥇🐶
Just when you thought Shiba Inu had flattened out like a pancake on a Sunday morning, bam! – it prances back with an 85% jump, like a dog chasing its tail. The big news? The little crypto that could just snag its first golden cross of 2025. That’s right, folks, the 50-day moving average crossed above the 200-day, making most technical analysts spill their morning kvas. This is the first such spectacle on the daily chart this year – a bullish signal that has us all looking at the sky, wondering if this pup is about to fetch something bigger. Of course, prudent folks still keep one eye open – markets are more cautious than my grandmother at a dog show. Meanwhile, in the land of crypto chaos, Shiba’s recent days have been about as stable as a cat on a hot tin roof – dropping from $0.0000135 to $0.00001183 and then bouncing back like a spring chicken. 🐣
XRP whales are in a mood – and it’s not holiday cheer! 🐳💸
Oh, the whales are dumping XRP like it’s hot potatoes. According to CryptoQuant’s Maartunn, big fish are flipping negative, their on-chain flows resembling a bad soap opera – dramatic and full of tears. Usually, when whales sell off in droves, history has its own way of repeating – a peak here, a plunge there, like an old Western flick full of shootouts. The funny thing? The last time XRP’s whales did this little dance, the price took a nosedive faster than you can say “bankruptcy.” So we’re all watching closely, popcorn in hand, waiting for the next act. 📉
Ripple’s boss flashes the shiny new XRP card – and the world yawns 😎💳
Brad Garlinghouse, the big boss himself, took a selfie with the new XRP credit card. Imagine that – a card that offers up to 4% cashback, all because XRP is having a moment. But don’t get your hopes too high, folks – the XRP community gave the situation a lukewarm shrug. Many said, “Meh, been there, done that,” especially since Gemini’s rewards have been around for a while. And guess what? You can’t even get the card outside the U.S., so it’s basically just a shiny piece of plastic for American crypto fans. Tyler Winklevoss, always the joker, joked he’d give Garlinghouse the “whale limit” – oh, the wit! Meanwhile, Ripple’s CTO David Schwartz was caught in a selfie fest, wearing his XRP gear and sipping XRPresso. Cheers to digital money bling! 🥤
Bitcoin’s wild ride: Liquidations explode, traders cry, and the whales make waves 🐋🎢
Bitcoin just showed us what a rollercoaster looks like – with $5.62 million in liquidations whipped out in four hours. That’s right, nearly all the longs got squeezed, with a hefty 1,530% imbalance. Imagine traders dreaming of a rebound while Bitcoin was tumbling between $111,000 and $111,300, only to leave everyone hanging like a bad magic trick. The fallout? Traders with their hopes pinned on quick gains got zapped harder than a phone on 5G. Ouch! Meanwhile, top trader Peter Brandt warns of a double top forming – if Bitcoin doesn’t reclaim $117,570, things might get ugly. And just when you thought it was safe, a whale liquidated 24,000 BTC during the weekend, worth a mind-blowing $2.7 billion. Market drama, folks – you can’t make this stuff up. Adam Back called it “clumsy,” but hey, you’ve got to admit, it’s entertaining. 🤡
All eyes on Bitcoin – will it double top or break free? 🤔📉
Legendary trader Peter Brandt isn’t mincing words: Bitcoin needs to hold above $117,570 if it doesn’t want to wag its tail twice in fear. Currently, it’s strutting around at $111,794, having flirted with a low of $100,381. The weekend saw a whale unload 24,000 coins, enough to make the market gasp in astonishment – and then plummet. The scene was less “peaceful protest” and more “chaos at the burger joint.” Even industry veteran Adam Back threw in a comment, calling the dump “clumsy,” probably because he prefers a more “elegant” approach. Now everyone waits to see if Bitcoin will settle down or keep pulling this wild stunt – as always, it’s a gamble, with a dash of drama for flavor. 🎲
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2025-08-31 21:05