qfx Oh, and guess what? Bitcoin.com News is all over this like a rash. We first mentioned Paxos dropping their bid like it’s hot on Sunday, Sept. 7, and dear Paxos, always the darling, flaunting their fab decade in regulated issuance. That includes those “wildly popular” stablecoins that have reached multibillion-dollar circulation, along with a plan to make USDH the native child of HyperEVM and HyperCore. 🎉
This Dogecoin, it performs a restrained ascent, a timid climb within the confines of a few cents. Buyers, those eternally hopeful souls, cling to the twenty-one and three-quarters cent mark as if their fortunes depend on it. And the sellers, predictably, lurk around twenty-two and a tenth. A rather tedious spectacle, wouldn’t you agree? Momentum flickers briefly, a dying ember, then fades… leaving the price suspended, yearning for a resistance it may never breach.
In a post on X, AJC, a Messari research manager, exclaimed, “Ethereum’s fundamentals are collapsing!” Indeed, Ethereum’s revenue from fees in August was a mere $39.2 million, a drop of over 40% year-over-year and about 20% month-over-month. 📉
The Federal Reserve has two mandates: maximum employment and stable prices. Who knew being a central bank was like dating someone who wants everything but can’t commit to a dinner party? This week, investors get the inflation report card, and let’s just say the grades are looking more like a C- than an A+. 📉
The Shiba Inu, the crypto realm’s cross between a rocket and an adorable meme for those peculiarly sentimental investors, is poised for an interstellar breakout. Since the dawn of August (the actual one, not the one economist invent for comfort), its price chart looks suspiciously like a bad haircut during a game of Twister. Yet, there’s hope yet for our canine astronaut, as this symmetrical triangle could be the launchpad for the SHIBernaut itself by 2025.
As one’s great aunt might say, the technical indicators are about as mixed as a box of chocolates! On the short end, we’re seeing a slight bearish lean, while the long-term view remains as optimistic as a rooster at dawn. And wouldn’t you know it? The market seems to be consolidating, which usually means that a splendid price move is ’round the corner, just waiting for someone to trip over it! 🎩
Adopting a gaze that peers but a handful of weeks into the future, our view remains as unchanged as a portrait in an ancient gallery. The price of DOGE lays distant from the fateful thresholds that might incite the furies of the market. Hence, the coming days are expected to unfold in relative repose, absent of dramatic upheavals.
A meme coin launchpad is a web app that lets anyone create and list a Solana Program Library (SPL) token in minutes, often with a simple form, a bonding-curve or instant-liquidity template, and one-click routing to a decentralized exchange (DEX). On Solana, these services have multiplied because block space is cheap, settlement is fast, and developer tooling is fairly standardized. 🤯
Treasury giants are staking their claims like it’s the Wild West, the UK is tightening its crypto corset, and Tether is eyeing gold mines like a prospector with a stablecoin dream. Here’s the lowdown on the week’s most eyebrow-raising moments. 🤨
Meet the Fidelity Digital Interest Token (FDIT)-basically one share of the Fidelity Treasury Digital Fund (FYOXX) but living its best life on the Ethereum blockchain. No paper, no middlemen, just pure internet magic.
