Fifteen consecutive weeks of positive net inflows! A streak rivaling a soap opera’s drama, proving institutional investors possess the stamina of a caffeinated ostrich. July’s month-to-date tally? A dizzying $11.2 billion—new monthly record, anyone? 🏆
Picture this: a fresh storm brews on XRP Ledger as folks dig up that ancient mishap where thousands of early transactions vanished into the digital ether. Some user called RandomEyesER is stirring the pot, linking it to Schwartz’s tough talk on Sam Bankman-Fried’s downfall. You know, the whole “no good deeds excuse bad behavior” vibe. RandomEyesER’s basically calling out a hypocrisy party, suggesting Ripple’s missing ledgers are like a cozy cover-up. But Ripple insists it’s no biggie – just a software bug from the dark ages, and hey, they could’ve reset everything but chose not to rock the boat. Schwartz is all, “Can’t fix what’s broken,” with a shrug emoji in spirit. 😏 It’s like blockchain’s version of “oops, did I delete that?” – hilarious if it weren’t potentially shady.
The timing couldn’t be more perfect! Just when Bitcoin (BTC) was barely picking itself off the floor after Galaxy Digital decided to ditch its Bitcoin stash like an awkward ex, sending the price crashing from a lofty $119,000 to a humble $114,500. Don’t worry, Bitcoin. You had a rough week, but we believe in you… kinda.
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.