Lo and behold! After a tumultuous tango with volatility, Bitcoin hath risen once more, climbing a modest 2.53% in but a day. Verily, its price soared to $121,278, causing much rejoicing among the crypto-clad masses. Yet, whispers of its potential to dethrone gold and even the mighty U.S. dollar have resurfaced, as if the world needed another reason to fret over money.
So, here’s the situation: Support is solid at $3.13, with resistance chilling at $3.27. A perfect setup for some dramatic range-bound action, my friends. And in the final hour, we saw a tiny bounce back to $3.14, thanks to some late-night dip-buying drama. 🎭
A few days ago, reports surfaced claiming that SEC Gov v. Ripple was officially over after both parties filed a Joint Dismissal of the Appeals. Social media erupted with the headline “The case is over!” as if it were the end of the world. 🌍💥
“I’m out, safe and free,” Carrone tweeted, probably while doing a little victory dance. “Things looked as grim as a troll’s underwear drawer for a bit, but thanks to a bunch of mates from the UAE, UK, US, Europe, Argentina, and even the Catholic Church (yes, you read that right), I’m sipping tea in Europe now.” ☕✈️
According to some fancy analytics firm called Glassnode-sounds like a rock band-they’re talking about the “Realized Profit” of the long-term holders. Basically, the guys who hold onto their Bitcoin for more than 155 days, like it’s some sort of emotional investment. The longer they hold, the less they’d sell, right? Wrong. Even the strongest hands love a quick sell when the price hits some sky-high. It’s like, “Oh, this is my chance to vanquish my parents’ financial fears!”
Imagine the scene: the cryptocurrency realm, once a murky swamp of uncertainty, suddenly lit up like a firework display on New Year’s Eve. 🎆 Why? Because the U.S. Securities and Exchange Commission (SEC) finally called it quits in their never-ending squabble with Ripple Labs. Even Bradley Garlinghouse and Chris Larsen could probably be spotted doing a victory dance. 🕺💼
BeInCrypto, ever the vigilant observer, hath cast its gaze upon three meme coins that may yet stir the souls of investors. But beware, dear reader, for in this realm of digital folly, even the brightest stars may plummet into the abyss.
Ether, ever the steady companion, hovered nobly above $4,200, gaining a respectable 0.8%. Meanwhile, poor Solana (SOL), Dogecoin (DOGE), and Sui (SUI) stumbled, losing 3%-4%. A tragicomic performance, indeed. 😅
Bailey, in a casual but slightly showy post on social media platform X, says he plans to hit the ‘buy’ button Tuesday. It’s a date with destiny, or at least with a very, very expensive crypto transaction.
“Behold!” he proclaimed, “these so-called intelligent agents are but a mirage, a fleeting shadow of what true intelligence should be!” With a twinkle in his eye, he argued that systems which allow for greater human input yield not only better results but also a sprinkle of safety-like a dash of salt on a fine dish. This was his first major soliloquy since he shared his musings on ETH Treasury firms, which, let’s be honest, could use a bit of his sage advice. 🍽️
