Over the past couple of weeks, BNB has been flirting with its upper boundaries-reaching heights it touched before in 2024, only to pull back and give us all a dramatic gasp of breath. Now, it’s testing whether this old resistance is actually just a support pillow. The trading volume? Still as calm as a sleeping kitten, no wild selling sprees detected.
They say history repeats itself, but this time, it’s wearing a clown nose and juggling knives. The last time BTC took such a beating was during the great consolidation of ’24, when prices dropped 24.1%. But oh, how the mighty have fallen-this time, it’s a 30.6% plunge. That’s right, folks, Bitcoin’s not just stumbling; it’s doing the financial equivalent of faceplanting into a mud puddle. 🌧️💸
Yet, amidst this financial debacle, sentiment is shifting with all the subtlety of a Waugh novel. With XRP and Dogecoin spot ETFs making their grand entrance this week, LINK is now being touted as the next grande dame of the altcoin ETF ball – a prospect that could either save its reputation or condemn it to further ridicule. 🎩
Bitcoin Core, the trusted software behind the cryptocurrency that’s made a few early adopters very, very wealthy, has now officially been through the wringer with its first-ever publicly available security audit. Quarkslab, a cybersecurity firm with more technical know-how than most people can fathom, did the heavy lifting. Funded by Brink and coordinated by the Open Source Technology Improvement Fund (OSTIF), this audit represents a big leap in Bitcoin’s security lifecycle. After all, we’re talking about a platform that secures trillions of dollars. No pressure, right?
These legal doodads have chucked a spanner in the works of Berachain’s Series B funding, old sport. Turns out, Nova Digital was handed a contractual joker-a refund option for their $25 million punt. The papers, snaffled by Unchained, spill the beans on a side agreement dated March 5, 2024, letting Nova reclaim “some or all” of their dosh for twelve months post Berachain’s Feb. 6, 2025 token shindig. If they play this card, Berachain’s bound to cough up the moolah within five working days. As for a related $5 million deposit, well, it’s all as clear as mud, with neither party spilling the beans. 🧐
The big day rolled in, and instead of a moon-landing-sized hype, the market yawned like a cat at a laser pointer. $GDOG raked in a modest $1.4 million in its first whirl around the trading block-a sum so tiny, it’s almost adorable. Perhaps it’s like expecting a fireworks show and getting a sparkler, but hey, every circus starts somewhere, right? 💥🎪
Investors, exchanges, and crypto builders are basically doing the happy dance right now. 💃🕺 Finally, some clarity! Or at least, the promise of it. Because, you know, bureaucracy moves slower than a sloth on a Sunday. 🐌
On the daily chart, bitcoin is trying to climb out of the hole it dug on its dramatic plunge from around $116,000 to just above $80,500. There’s a whiff of a relief bounce, with support hanging tight at $80,537 and resistance looming like an overbearing neighbor at $90,000. Volume perked up a tad, though let’s not start planning any parades just yet. 🎈
Behold, the sage known as Trader Tardigrade hath spoken! With the gravitas of a prophet, they declare that Dogecoin is ensnared in a “massive Wyckoff Accumulation,” a labyrinthine trap that hath stifled its ascent. 🕸️ Yet, like a hero in a Dostoevskian tragedy, the meme coin may yet break free from its chains. But at what cost, dear reader? At what cost?
