As the market held its breath, Solana, that once-mighty coin, tumbled nearly 15%, grappling with the weight of uncertainty. The crypto cosmos, a chaotic ballet, saw Bitcoin pirouetting to $87K only to stumble back to $83K, while Ethereum languished, caught in a web of $1,825, yearning for the elusive $2K.
In a most tragic turn of events, approximately $150 billion fled the spot markets, as if they were escaping a sinking ship, while nearly 170,000 traders found themselves liquidated, their hopes dashed like fragile glass. The total liquidations exceeded a staggering $500 million, a sum that could make even the most stoic of souls weep. According to the ever-reliable CoinGlass, it seems the crypto world has become a theater of the absurd.
Oh, the tales of woe! More than $490 million went up in smoke, victims numbering over 160k, mostly them long traders who thought they had the winds at their back. The grandest tale of misfortune involved a Binance exchange trade, ETH/USDT, gone awry to the tune of $12 million. 💸
What to know: President Trump’s tariffs are the new ‘in’ thing, and China’s getting the brunt of it with a 54% whammy. 🎉 //cdn.sanity.io/images/s3y3vcno/production/76d6a13d6e93afa16880c1f1036bc36014828700-2390×968.png”/> Is the ‘death cross’ a big deal? Maybe. It’s like a financial ouija board, and right now, it’s spelling out ‘trouble’. Let’s hope it’s just a phase. 🤔 Read More 2025-04-03 … Read more
One might say it has been on a free fall, akin to a hapless character in a Gogolian farce, plummeting 20% in just a week! The specter of bearish pressure looms large, casting a shadow over the entire crypto market, as if a gloomy Petersburg winter had settled in.
As I sat, quill in hand, pondering the woes of our modern era, a most distressing tale unfolded before me. It appears that the scourge of counterfeit Android smartphones, infested with the nefarious Triada Trojan, hath spread far and wide, leaving in its wake a trail of pilfered crypto and sensitive data, like autumn leaves on a forgotten path.
It appears XRP has taken a bit of a tumble, old chap. The price has slipped below the $2.120 zone, and it’s now consolidating, which is a lovely way of saying it’s stuck in a rut.
In a flurry of tweets, Zhang declared this idea “one of the most toxic” 💀 imaginable for the blockchain’s future. He argues that such a move would be a betrayal of Ethereum’s very soul, trading long-term growth and the promise of a decentralized future for the fleeting allure of quick profits.
As I pen this, Bitcoin is priced at a rather precise $84,263, leaving one to ponder the future trajectory of this confounded asset. Investors, it seems, are in a state of suspended animation, awaiting a clear direction – rather like a group of chaps waiting for the tea to arrive at a particularly slow-moving social gathering.
In a most astonishing flourish reminiscent of the wildest turn of fate, the global embrace of DDoS antics increased by 12.7% in the latter half of 2024 as compared to the first. One can hardly suppress a chuckle when one learns that this cacophony of disorder totaled nearly 9 million attacks — a veritable symphony of digital warfare!