ETH’s $4K Rejection: Selloff Chaos or Bullish Bounce? 😱

In the last day, Ethereum’s been throwing a proper tantrum with price jumps that’d make a kangaroo jealous. Coinglass reports a whopping $124.5 million in ETH positions got wiped out, hitting longs and shorts alike—fair’s fair in love and liquidations, I suppose. This chaos followed a snooze-fest of low volatility, with IntoTheBlock’s data showing ETH’s wild swings calming from a manic 53.9% down to a more sedate 47.6%. Meanwhile, the big fish—whales, if you will—have gone quiet, their transaction volumes plunging from a boastful $21.3 billion to a measly $5.9 billion in a week. It’s like they all decided to take a holiday at once. 😴

PayPal Dives Into Crypto Mania: Will Your Memecoin Make You a Millionaire? 🤑

In a press release dripping with corporate optimism, PayPal President and CEO Alex Chriss declared, “Businesses of all sizes face incredible pressure when growing globally.” Incredible pressure, indeed—like deciding whether to accept PYUSD or just stick to boring old dollars. But fret not, for PayPal is here to “remove these barriers” and help businesses achieve their wildest dreams. Dreams of what, exactly? Becoming trillionaires via Shiba Inu tokens? One can only hope. 🐶

You Won’t Believe What Anthony Pompliano Thinks About Bitcoin and the US Government! 😲

Now, when Joe Kernen, the host, asked Pomp about Bitcoin and Ethereum getting all this attention, Pomp confidently declared that Bitcoin is the king of the market. I mean, who needs a crown when you have a digital coin, right? 👑 He says Wall Street is all about Bitcoin, not Ethereum or those other wannabe altcoins. Sure, Ethereum and Solana are getting some love, but they haven’t hit new highs like Bitcoin. It’s like being the best player on a losing team. You’re still the best, but it’s not saying much.

Whimsical Wagers: Will Cardano Dance its Way to the Dollar? 🤔💸

This noble Cardano, fired up by aspiration, embarks upon the week with a bullish might! Like a determined suitor, he returns to the upper bounds of his short-term ascending channel. Behold! The chart presented by the wise Ssesbi unveils a delightful inverse head-and-shoulders structure, ready to challenge the horizontal resistance lurking around $0.855. What merriment shall ensue as he aims for the next target of $0.90!

XLM: Reversal Looming or Just Hot Air? 😏

The correction might drag on indefinitely, but oh joy, some dubious technical whispers hint at a reversal setup lurking in the shadows, as if the charts have suddenly grown a sense of drama. 😏