Bitcoin now drifts in the corridor of $97,000 to $98,400, a price-range long watched by those who listen to screens as if they were bells. Reaching this zone was expected-the place where rivers slow, then choose their direction, sometimes with a sigh and sometimes with a shrug. 🤷♂️
Yea, verily, Ethereum’s [ETH] own Vitalik Buterin hath proclaimed that the Web3 dream, first scribbled upon parchment in 2014, is no longer a map to treasure, but the treasure itself. 🗺️✨
Alas! XRP’s price hath faltered, failing to surpass $2.20 and subsequently tumbling below the $2.150 fortress. It now lingers in a bleak territory, overshadowed by the likes of Bitcoin and Ethereum. 😔
At precisely 8:30 p.m. on Jan. 14, XRP was trading at an unremarkable $2.12521. After a slight ego bruise below $2.16, it decided to play nice in a narrow little consolidation pen, where candles overlap like a bad family reunion. The market’s defending those levels like a cat guarding its favorite lap-demand remains, even if the momentum took a snooze. 💤
In a conversation recorded within the hallowed halls of the White House-for the January 13 episode of Crypto In America, no less-Patrick Witt, the executive director of the White House Crypto Council, assured host Eleanor Terrett that the wheels are turning. 🛠️ Interagency talks, he claims, are as lively as a market square on payday, all in service of President Donald Trump’s executive order. Meanwhile, Congress, ever the diligent spectator, prepares its next move on crypto legislation, because why let the week go to waste? 📜
The proposal, led by the gallant keeper of markets, Anatoly Aksakov, would free digital assets from their snug cage in the “special financial regulation” and bid them stride forth into the wider ballroom of markets. A freedom most droll, yet tempered with prudent masks-risk limits, naturellement. 💼🎭
In a recent social media post (on X, formerly Twitter, because nothing says “revolution” like a platform named after a bird), the organization expressed concerns that the draft crypto bill might as well be written in a language only ancient wizards understand. 🧙♂️
The saga, woven from the threads of a subpoena dispatched on August 31, 2023, under the intriguing cloak of “In the Matter of Certain Crypto Asset Offerings (SF-04569),” seemed to promise more drama than a telenovela. Yet, the culprits-er, regulators-chose the quiet alley over explosive fireworks, leaving investigators with only the faint echo of inquiry. Phew! No allegations, no formal charges; the foundation kept its nose clean, as they say in the crypto-clean-room.
Gather ’round as we unravel the latest chapter in the grand drama of cryptocurrency-powered by none other than our charming Bitcoin, now flirting saucily with the elusive $100,000 mark. 💃✨
The matter, catalogued by Santiment in a January 14 report, centered on who kept the purse strings and who bore the banners. What began as a private skirmish among a few accounts threatened to become a test case for decentralized governance. Yet on-chain data showed large investors turning the panic into opportunity, buying what others sold with a shrug and a wry smile. 😏