Category: Crypto news

According to Chung, the recent market dip isn’t something to fear—oh no. In fact, he cheerfully called it a “healthy correction.” Yes, folks, you heard that right—a “healthy correction.” That’s a bit like calling a trip to the dentist a “refreshing check-up.” Apparently, this temporary hiccup in the market is nothing more than a brief pause before Bitcoin is formally crowned the *mainstream asset* it was always meant to be. A minor setback, indeed, for such a colossal digital wonder!

On the surface, that’s a heap of shiny digital gold. But peel back the layers, and you find a story more like a withering vine than a growing tree. Two of the big seven holders have folded their tents and vanished from the scene, while only El Salvador keeps feeding the fire.

Yes, dear reader, BitGo proudly announced it’s expanded its Solana staking program, teaming up with Marinade Native to let folks stake their SOL without surrendering custody. It’s like letting your money run a marathon but holding its leash tightly—a win-win spectacle!

Since its April 1st debut—no joke, promise—the HINU token’s been on quite the fashionable upward jaunt. One might call it the runway model of the crypto kennel. Fashionably late to the party, it struts its stuff with aplomb.

In cahoots with the daring OKX, they birth the “OKX Card,” a curious contraption meant to entwine the cryptic trades of coins and tokens with the mundane joy of buying cabbages or perhaps a new samovar. Merchants, ever the suspicious souls, may soon settle their bills in the serious-sounding stablecoins—Circle’s USDC, and with Nuvei and Circle acting as matchmakers, maybe others too. Paxos, that shadowy spellcaster, promises to bring yet more coins into this swirling dance.

For some perspective: Ethereum’s basically stuck in a time warp, priced the same as last year, while Bitcoin’s doing the cha-cha up the charts. Crypto guru Naiive even said if you’d shoved $10,000 in ETH eight years ago, you’d now be nursing an $8,000 hangover. Ouch. 🥴

Swissblock’s take? Investors are pulling Bitcoin off exchanges faster than you pull a pint at happy hour. This withdrawal spasm apparently mirrors the frantic moves we saw last Q4, right before Bitcoin decided to climb to a jaw-dropping $110,000. No big deal.

Bessent went on, steady as a mule, saying the talks between the Big House and Chinese mandarins hadn’t stopped, but it’s China who’s got to loosen their grip if the storm was ever to calm. “They sell us five times the goods we ship back,” he said, sounding a bit like a farmer lamenting a lopsided harvest. Those tariffs between 125% and 145%? “No way those stand the test of time,” he said, tipping the scales for China to rethink their stubborn ways.

Yet, lest you be dazzled too soon, our fickle friend is still licking its wounds from a spectacular plunge—a bruised 73.86% drop from the giddy heights of $4.63, a nostalgia hit from three years prior, archived lovingly by CoinMarketCap’s ever-watchful eye. 🕰️

Rollups-as-a-Service, or RaaS for those fond of abbreviations, is gaining traction among the haughty web3 cognoscenti. The magic trick here is akin to condensing one’s entire wardrobe into a single suitcase: multiple transactions are “rolled up” and posted back in minimalist fashion to the main blockchain, avoiding grotesque main chain bloat and the exorbitant fees that make one’s wallet ache.