Category: Crypto news

Bitcoin catapulted to a new record on Thursday, bulldozing through the $113K mark with all the subtlety of a bull in a baccarat salon. As usual, industry veterans rushed in with hot takes for TopMob (because self-control is terribly last season). Some are positively euphoric about price prospects, while others wore their caution like last year’s dinner jacket—visible, but rather out of place.

Bitcoin’s price got all excited over the last twenty hours, flirting dangerously close to its all-time high of $111,970. I mean, talk about commitment issues! It didn’t quite get there, of course—guess it’s allergic to finishing anything. And naturally, the rest of the market can’t just sit back, so all the altcoins start doing their own little dances. $2.2 trillion for the total market cap? Oh, just a little pocket change between friends. And look at this—Bitcoin hogs 63.78% of it, obviously, because sharing is overrated.

Now, if you’re wondering what staking even is (because let’s face it, most of us are just pretending to know), here’s the rundown: it’s basically locking up your tokens so they can validate transactions and keep the network running smoothly. It’s like being a bouncer at a really exclusive party, but instead of turning people away, you’re getting rewarded for making sure everyone behaves. Not a bad gig, eh?

Bitcoin’s price has surged over 3%, pushing past the $111,000 level and approaching a key resistance zone near $112,400. This marks a return to record territory for BTC, as it tests the ceiling last seen during its previous all-time high. 🚀

In a communication of the most modern sort, the Polygon team has tweeted to inform the world that the Polygon PoS Heimdall v2 Migration is now in progress, with the deployment window expected to last for the next three hours. “Mainnet migration is now in progress with the deployment window expected for the next 3 hours,” the team announced, with all the gravity of a gentleman announcing his intention to propose.

The selloff comes on the heels of Bitmine closing a $250 million funding round and securing an at-the-market 💸 stock offering deal with Cantor Fitzgerald and ThinkEquity, according to a Wednesday SEC filing. Cantor will act as the lead agent, selling shares directly into the market over time at the company’s discretion.

This latest NFT collection, built on the TON blockchain network, is part of Telegram’s new digital gifts feature. One can only assume that the allure of Snoop’s iconic style was too great for enthusiasts to resist. After all, who wouldn’t want a digital collectible inspired by the great man himself? 🤩

If you’d told your average central banker a few years ago that the Reserve Bank of India might soon be stashing Bitcoin alongside its gold and suitcases of rupees, you’d have been escorted from the building and gently advised to “get some fresh air.” But, incredibly, here we are. The world is tumbling toward a future where Bitcoin—yes, the thing your nephew tried to get you to buy at a family brunch—could be the cornerstone of national reserves.

The technical indicators were flashing strength, and historical patterns were aligning. It was as if the stars were aligning in favor of XRP. But, as we all know, the market is a cruel mistress. She can be unpredictable and unforgiving. 😏

So, the SEC acknowledged this filing from Canary, and suddenly PENGU is the hottest thing since sliced bread. I mean, it’s not like it’s an actual ETF approval or anything, but hey, a little acknowledgment can go a long way, right? 🤷‍♂️ And now, PENGU is getting a boost from all the regulatory clarity hype. Because, you know, crypto people love clarity… and hype. 💁‍♀️