BNB, that relentless upstart, smashed through to a fresh all-time high of $850 back on July 28th. In just five weeks, it’s puffed up by 35%—talk about a coin with ambition! While Bitcoin’s been lounging around, stalling out over the last ten days, BNB just keeps charging ahead like it owns the place. 💪
Here we witness the BNB Chain, a notorious figure in our tale, having donned its finest attire, flaunting a price of $836.2 and a most modest 24h volatility of 1.6%, a stat that might make one chuckle at its calculated indifference. Yet, as the day wore on, it flirted with all-time highs that whimsically danced above $850! This whimsical price movement evokes thoughts of a playful child, strewing dreams along the path of the unsuspecting adults who dare tread the market. 🎈
Now, dear readers, let us unwrap this financial bonbon further! Ethereum’s current state is quite the spectacle. Currently priced at an eye-watering $3,872.50 — a modest rise of 1.46% in its 24-hour escapade. Oh, how numbers dance like dervishes at the mere suggestion of a market cap that flirts with the dizzying heights of $468.12 billion! Not to forget that our dear ETH has enjoyed a delightful volatility of only 0.7%. A veritable teddy bear on the tightrope! 🎢
Markus Thielen of 10x Research says patience might pay. In his view, the sweet spot for bullish entries lies around $111,673—Bitcoin’s May high that flipped from resistance to potential support. “We’d prefer to see BTC retest that breakout level to offer a more attractive risk/reward entry point,” Thielen wrote in a Monday note to clients. Sounds like a plan… if you’re not a human being with a heartbeat. 💸
This move could whip up more selling pressure on bitcoin, that stubborn pioneer of currencies, always dragging its heels through market mudslides. But hey, what’s a little more chaos in this rodeo? 🌪️
Ah, Bitcoin. The proverbial giant, standing at a cool $118,000. It shifts by a mere 1% in the last 24 hours, as if the markets are all too weary of dramatic movements. Yet, in this placid dance, a curious thing happens: its trading volume swells by an exuberant 40%. Could this be the market’s way of telling us: “We might be stationary, but we’re watching”? A $65.71 billion trading volume is nothing to sneeze at, I dare say.
In an X post (not to be confused with ‘X-rated’, but, oh well!), Michael shared a snapshot of his Bitcoin portfolio tracker. This bad boy showed that the company now owns a whopping 607,770 BTC. That’s right, folks, they’ve gone from 0 to hero and are flaunting it like they just got an A+ in a college course they didn’t attend. 🏆 He cheekily said, “It all began with a quarter billion in bitcoin.” Just a casual flex to let us know he’s been rolling in it for a while.
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. 😴
Enter our crypto oracle, EGRAG CRYPTO. He’s been practicing prophetic frequency and claims XRP could plummet to a shocking $0.80. How did he get there? Oh, easy peasy! Based on historical price drama and technical reveals that would make a soap opera jealous.
Under the pilot program overseen by the Dubai Virtual Assets Regulatory Authority (VARA), this development provides an opportunity for common investors to utilize sophisticated trading tools.