V’s analysis is so basic, it’s like watching a toddler draw on a napkin. Five waves up, then a correction. Classic. But here’s the kicker: the market’s gonna drop to $40K, and everyone’s gonna be like, “Wait, what? I thought we were going to the moon?” Spoiler: you’re not. You’re going to the moon’s parking lot, and the ticket’s $40K.
The company’s Bitcoin holdings are dwindling, currently at around 630 BTC, and leadership intends to sell off almost all of it. They have no plans to continue holding Bitcoin long-term.
Daniel Keller, a veteran validator operator, took to the stage Monday to throw his two cents into the ring. In his public statement, he called out what he saw as a major flaw in the review process, explaining that the near-miss with XLS-56 had him pulling support for all amendments currently on the table. That’s right, folks-one bad scare and he’s out. No more “Yay” votes from him until things get sorted out.
On the daily chart, bitcoin remains within a broader lower-high, lower-low structure that formed after the approximately $90,400 peak and subsequent decline to near $59,900. Price has since consolidated between roughly $63,000 and $70,000, with $60,000 to $62,000 identified as structural support and $69,000 to $71,000 functioning as a repeated rejection zone. One might say the market is engaged in a game of chess, though the pieces seem to have forgotten the rules.
Yet the long-term vision, he insists, remains unscathed-like a painting preserved in a museum while the world burns.
A chart (because every crypto story needs a chart) shows Bitcoin’s oscillator hitting rock bottom, a level it last saw when dinosaurs roamed the earth and people still thought Bitcoin was a brand of decaf coffee. Every time this happened-2011, 2015, 2018, 2020, 2022-the price bounced back like a kangaroo on a trampoline, with gains averaging 135%. That’s not just luck; that’s statistical witchcraft!
In the shadow of a digital abyss, Japan’s economic security minister, Sanae Takaichi, cast her gaze away from the flickering embers of a Solana-based meme coin, whose name bore her own like a cruel jest. A fleeting peak of $30 million, now a ghostly $6 million, it danced like a mirage for the desperate, only to collapse into the maw of oblivion.
But why did the market have such a meltdown? Let’s break it down. Imagine you’re sitting at the helm of a multi-billion-dollar fund, and you find out your key partners, or the CEO of your go-to bank, has their name showing up in these documents. What do you do?
In the words of Reuters, Miller is no stranger to high-profile financial cases. Previously, he had a role in the securities and commodities fraud task force at the US Attorney’s Office in Manhattan. In short, he chased down the money and made sure the rich couldn’t get away with it. A modern-day Robin Hood, but in a very, very expensive suit.
Ethereum whales, those mysterious creatures of the crypto deep, are making their moves once again as the market limps towards a semblance of recovery. According to Lookonchain, a platform that tracks such oceanic beasts, the whales are back in action, ready to feast on the next price wave.