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In classic “Will they? Won’t they?” fashion, whenever Ethereum slinks into the ballroom with a hot streak, all the lesser-known altcoins get a bit flustered and join in, hoping to be noticed-even if what really happens is a collective hangover later.
Meanwhile, the neighbors? Well, they’re still figuring out how to spell ‘blockchain’, but hey, baby steps, right? 🚶♂️🚶♀️
Ah, the crypto exchanges! Those nimble acrobats, adapting with the agility of a flea circus to Europe’s regulatory tightrope. On the fateful Thursday, August 14, Bybit EU unleashed its Launchpool, a rewards program in cahoots with the XION project. A spectacle, indeed! 🎪🤹♂️
According to Reuters (you know, the folks who make financial news sound important), Standard Chartered bumped their 2028 target from $7,500 to $25,000. Oh, and they also raised their year-end target from $4,000 to $7,500. 🎉 Analysts noticed more people are holding ETH lately. Shocking. 🤯 Maybe it’s because Ethereum surged 81% in the last three months? Nah, couldn’t be. 🚀
Folks are whispering about XRP again-yes, that scrappy underdog coin everyone loves to either root for or mock. Analysts, those modern-day soothsayers armed with charts instead of crystal balls, claim XRP has finally completed what they call a “bullish retest.” Fancy talk, ain’t it?
On the fateful day of August 13, bitcoin (BTC) shattered the $124,000 ceiling, setting a new all-time high and catapulting the crypto economy’s total market capitalization to a staggering $4.28 trillion. This miraculous feat occurred a mere 30 days after it had flirted with the $123,000 mark, briefly boosting its year-to-date gains to a jaw-dropping 33%. Talk about a rollercoaster ride! 🎢
Enter Gert van Lagen, a crypto sage whose keen eye has caught a rare and potentially explosive event unfolding on the two-week XRP price chart. With the precision of a master painter, he reveals that XRP has not merely broken free from its chains but has danced triumphantly over the neckline of this formidable Double Bottom formation. After years of patient accumulation, the retest has confirmed the breakout, like a final bow before the curtain falls.
Hold your hats! OKB shot up from a sleepy $46 to a wild $148.9, marking a shocking 221% spike, before coming back down to earth. As of now, it’s hanging out at $106, still riding high with a 125% gain in the past week. 🤑
In a dramatic twist worthy of a Shakespearean play, the “7 Siblings” have sold 19,461 ETH, valued at approximately $88.2 million, all within a mere 15 hours. According to the ever-watchful blockchain analytics platform Lookonchain, this marks their first major sale since they hoarded a total of 1.21 million ETH, now worth a jaw-dropping $5.6 billion. The transactions were executed at an average price of $4,532, just as Ethereum teeters on the edge of its November 2021 all-time high of around $4,800. Talk about timing! ⏳
According to some local scribbler, they hauled in a hefty 329.16 billion won in the first half of the year. Now, here’s where the twist comes-profit, that sneaky little devil, took a dip of 5.7%, settling at 90.12 billion won. And net profit? That took a nosedive of nearly half, dropping to a breezy 55.04 billion won-probably from splurging on fancy perks and freebies for their users. Seems like Bithumb’s trying to bribe their customers into loving them more, or maybe just trying to throw a party and hoping the profits will join in.