According to a press release shared with crypto.news on July 15, Zeus Network will launch btcSOL on July 17, allowing Solana (SOL) stakers to earn Bitcoin rewards in the form of zBTC, a Solana-native, non-custodial version of BTC pegged 1:1 to the original. Yield can be earned by locking up SOL or liquid staking tokens. 🌟
Now, if you were hoping for a sunny disposition from Ethereum (ETH), I’m afraid you’ll have to settle for a mild drizzle instead, as it has slumped a cheeky 0.34% over the last 24 hours. Quite the nosedive for our beloved altcoin! 😬
While awaiting the delightful affirmation from Fidelity’s mysterious subsidiary, Metaplanet’s grand wizard, Simon Gerovich, hinted at a worldwide frenzy of capital—money fluttering like confetti at an overambitious wedding. Yet, in a rather comical twist, shares dipped over 7% during the vast arena of Asia’s trading floor. 📉
UXRP, ambitious in its aspirations, promises a thrilling 2x daily exposure to XRP futures contracts. Like a tightrope walker juggling flaming torches, it aims to amplify not just gains, but losses as well, based on the comedic drama of short-term XRP performance. Because, really, nothing says excitement like watching your money dance on the edge of a cliff. 🪂
At the time of writing, the CoinDesk 20 Index is sitting at 3578.43, which is a 1.3% drop (that’s a -47.45 for those keeping score) since Monday at 4 p.m. ET. Yes, folks, the digital currency world isn’t exactly throwing a party right now.
With coffee in hand and skepticism in the air, we find ourselves once more in the company of Davinci Jeremie, who seems to have a knack for dropping predictions like they’re hot potatoes. This time, he’s tossing out an astonishing forecast: Bitcoin (BTC), our beloved digital rogue, could possibly soar to half a million dollars by the end of this decade. But, you know, only if the moon aligns just right and someone trades their luck for an ounce of faith.
The sell-off was as sudden as it was brutal, with Bitcoin plummeting below $117,000 in a flash. This abrupt drop shattered the calm that had settled around the $123,000 all-time high, a range that had seemed as secure as a banker’s promise. 🏦
Bitcoin (BTC) plunged from Monday’s high of $123,200 to $116,600, while the market capitalization of all coins fell by over 3.7% to $3.65 trillion. Some of the worst-performing tokens were Pump (PUMP), Virtuals Protocol (VIRTUAL), SPX6900 (SPX), and Fartcoin (FARTCOIN), respectively. 💩
What astounds the so-called analysts is the revelation that our dear PEPE has summoned the courage to hint at a breakout. The charts—a tapestry woven from both dreams and nightmares—suggest the formation of a falling channel, a sign that, historically, sings of rising fortunes. A shallowy grave of despair, or perhaps merely a temporary resting place for the bullish spirits? 😼
Inflation in the U.S. picked up pace in June, sending a ripple through global markets and crypto alike. According to the latest CPI data, consumer prices rose 0.3% month-over-month, up from 0.1% in May, and exactly in line with forecasts. It’s like the economy decided to break a sweat, just when we thought it was cooling off. 🤔💦