The inner circle: 14 stablecoin issuers + 39 crypto-asset service providers (CASPs). But please contain your gasps—no Binance, no Tether. That’s right, the cool kids are standing outside in the rain, noses pressed against the MiCA-licensed window. Awkward! 😬
And then, of course, there are the early birds – those clever folks who manage to snag the worm (or in this case, the moonshot) before the rest of us have even had our morning coffee ☕️. They’re always on the lookout for the next big thing, the next Dogecoin or Shiba Inu to make them rich beyond their wildest dreams 💸.
According to a press release that was likely written by a committee of tech enthusiasts and a thesaurus, OpenSea’s chief technology officer Nadav Hollander is passing the torch to Chris Maddern, Rally’s CEO. Rally co-founder Christine Hall will also join OpenSea as the company’s chief of staff, because why not? 🤷♂️
At the time of writing, Santiment noted a rise in Active Addresses, which climbed to 14.63 million in the past 24 hours. That’s a lot of addresses, but apparently, the universe doesn’t care about numbers when it comes to crypto prices.
Crypto analyst Zoe, a figure of wisdom and foresight, has highlighted the core issue: the token supply of Pi, like the population of a bustling city, continues to grow, but its utility and liquidity remain as limited as the patience of a man waiting for his carriage in a snowstorm. Originally designed for the noble art of mobile mining, the network is now witnessing a gradual unlocking of its 100 billion token supply, while the demand, much like a shy suitor, struggles to keep pace.
So here’s the deal. Upbit, this big South Korean exchange, is sitting at the top with a jaw-dropping 6.038 billion XRP. Yeah, billion. Not million, billion. Binance is way down at number two with 2.735 billion XRP (still a lot, but really, number two?), and Coinbase? Well, they’re not doing much better, sitting at number five with a humble 780.13 million XRP. Ouch.
In an X post, LSplayQ highlighted a key technical development on the XRP 3-day price chart, pointing to a breakout from a falling wedge pattern. This type of pattern is commonly associated with bullish reversals, signaling that market sentiment may be shifting in favor of the bulls.
Now, it’s not just any old coin, folks. Dogecoin is in the spotlight. Elon Musk, the world’s favorite billionaire, loves to throw it some attention. And who can forget the Department of Government Efficiencies (D.O.G.E.)? No, this isn’t about a new breed of dog. It’s about the U.S. government trying to clean up its act by trimming down unnecessary expenses. Now that’s a dog we can all cheer for! 🐕💸
Le Blackrock Ishares Bitcoin Trust (IBIT) vient de passer un cap important, détenant plus de 700,000 BTC, soit environ 76 milliards de dollars. Cela place IBIT en tête du classement des ETF spot bitcoin, possédant plus de 1% de l’ensemble des BTC détenus par tous les ETF spot basés aux États-Unis. Le fonds a acquis cette position en seulement quelques mois depuis son lancement en janvier 2024, mettant en évidence un appétit institutionnel puissant et des contributions régulières des investisseurs. La dynamique d’IBIT a dépassé non seulement l’offre de minage de bitcoin, mais aussi la trajectoire de croissance d’autres grands acteurs tels que Strategy et Fidelity. En fait, il se porte si bien qu’il génère désormais plus de revenus pour Blackrock que son ETF phare, l’Ishares Core S&P 500 ETF – indiquant un changement de cap vers les actifs numériques.
One can only imagine those bearish souls, sipping their evening tea, lulled into complacency by the tranquil spot price — suddenly coughing up biscotti as their positions evaporate like the last hope of a bureaucrat at tax season. Was it a newsflash? An avalanche? No! Just a sly short squeeze, comrades. The invisible hand, in its infinite sarcasm, let the chart stay calm as the heatmap blazed redder than the devil’s own pajamas.
