Ted, some dude on X, was all like, “Hey, Ethereum slipped below $4,060, and it\’s gonna get ugly!” 😳 And, of course, everyone\’s like, “Oh no, what\’s gonna happen next?” 🤔 Well, Ted says the next support level is $3,800, and if that doesn\’t hold, it\’s gonna be a wild ride to $3,400-$3,600. Buckle up, folks! 🚀 But don\’t worry, that\’s where the strong hands will accumulate and make a comeback, or so the story goes… 🤷\u200d♂️
Peter Schiff, your Dr. doom for the economy, dropped a missive on X saying gold’s about to kiss $4,150 and silver’s gonna make Warren Buffett rethink his mutt’s dental plan. He says it ain’t just a market correction-it’s a Category-5 Hurricane of Poverty™️ for everyone who ever held a dollar after 1997.
Metaplanet\’s stock has taken a nosedive, and its entire enterprise value is now lower than its Bitcoin holdings. Because, you know, that\’s exactly what you want to happen 🤦\u200d♂️.
Circle Internet Group, in all its wisdom, picked Safe as the go-to storage for its USDC. Why? Because institutions are suddenly all, “Blockchain? Yeah, we’re into that now.” 🏦 Safe’s like the bouncer at the hottest club, making sure only the VIPs get in. And by VIPs, I mean billions of dollars. 💼
Well, it ties up one of crypto’s messiest tax disputes. This could very well set the stage for how future crypto tax offenses are dealt with. Consider it a historical landmark in digital asset regulation. 📜
“We may be approaching the end of our balance sheet contraction in the coming months,” Powell confessed. How poetic. A twist in the tale, indeed.
Should this transpire, Bitcoin shall waltz into the spotlight first, followed by Ethereum in a pas de deux, and finally altcoins-our mischievous chorus line-prancing to the rhythm of renewed liquidity. 🕺💃
Introducing stUSDS, a token that screams “risk” but in the most sophisticated way possible. Think of it as a rollercoaster for investors who like a little thrill with their returns. This token offers *huge* yield potential, but with a twist-more system risk. You can grab it on Sky.money and Spark.fi. It’s like a financial buffet, but you’re only allowed to eat dessert. Oh, and the returns? They come from the stability fees that borrowers pay while using Sky’s Staking Engine. So, if you’re backing the liquidity and governance, you might just get a financial gold star.
Stock markets, ever the drama queens, perked up this week after China confirmed yet another round of “working-level” trade talks with the United States. Investors clutched their pearls as S&P 500 futures pirouetted upward by more than 160 points from Friday’s tragic low.