And to make sure they don’t do it alone (because who wants to be left hanging?), they’ve teamed up with Fireblocks (yep, that crypto infrastructure giant), Solana Japan (cue the digital hype!), and TIS, a tech company from Japan. Apparently, they’ve got big dreams of turning your bank account into a Web3 wonderland.
On the glorious day of July 4, the team behind the Trump-linked World Liberty Financial (WLFI) launched a pivotal governance vote, a vote that could either be the dawn of a new era or the twilight of a fleeting dream, proposing to unlock tradability for its WLFI token. 🎉🗳️
But, as the saying goes, “what goes up must come down”… or does it? 🤔 Market analysts are divided, like a couple in a Chekhov play, on what’s next for our fine-feathered friend.
Picture it: July 3—the world yawns; the birds sing; the SEC, a brooding sentry, suddenly pulls hard on the reins of Grayscale’s GDLC. Just days prior, the same gatekeepers had nodded graciously as the fund—Bitcoin and Ethereum at the helm, yet with a polite tip of the cap to XRP (4.8%) and Solana (2.8%)—was ushered onto the stage of NYSE Arca. The curtain barely twitching before that eternal Rule 431 is invoked, yanking GDLC back behind the scenes for “internal review.” The drama!
On the 1-hour chart, FLOKI/USDT is exhibiting a gradual loss of bullish momentum, rather like a deflated balloon 🎈. After a recent upswing from below $0.0000700 to a peak near $0.0000820, the price began forming lower highs, eventually stabilizing around $0.0000770, marking a 0.96% drop in the last hourly candle 🕰️. This price behavior resembles a rounded top formation, often indicative of diminishing bullish strength and potential short-term reversals 🔄.
Upon the sacred forums of X, CasiTrades, bearing her chart like a sword, offers a vision of XRP alighting briefly at $2.8. This, if the dreaded $2.25 barrier—a veritable existential chasm—should be crossed and, with a touch of the theatrical, re-tested as support. Only then, perhaps, will the market open its gates to the promised land. She utters with confidence befitting a Dostoevskian protagonist: “The flip of $2.25 could be fast!” Oh, how swiftly fate can change—a lesson both marketeers and Russian antiheroes know too well.
BONK surged 21% in a 24-hour period into Thursday and positioned itself as the strongest performer among major cryptocurrencies. It was recently trading at $0.00001673, a 1.68% gain, with price action ranging from $0.00001606 to $0.00001751, a 9.4% intraday swing. That’s more volatility than my morning coffee. ☕
However, the bulls, those stubborn, hopeful creatures, still face several overhead resistances that could determine whether this is a short-term relief rally or the beginning of a more sustained uptrend. It’s like trying to plant a crop in a field where the soil is as hard as a rock, but a man’s got to try, hasn’t he?
Bitcoin, that tempestuous enfant terrible of the financial stage, has suffered a decline of 1.32% in the past 24 hours. One might say it’s simply swooning for dramatic effect, or having a minor existential crisis. Or perhaps it spotted Ethereum in a new frock and simply couldn’t compete. 🥀
The stage is set for a monumental shift in the digital currency landscape. With Republicans at the helm, there’s a sense of urgency, almost as if they’re racing against a digital clock, trying to get this crypto madness figured out before the month’s end. And what’s on the table? A few key bills, of course—fast-tracked like a runaway train. Stablecoins, market structure, and a potential central bank digital currency—who wouldn’t want to be part of this digital revolution, right?