Ray Chan, the mastermind behind 9GAG, has taken the helm of this financial ship, steering it boldly into the tempestuous waters of Bitcoin, web3, and the creator economy. “Who needs stability when you have memes and crypto?” you may ask. Precisely, dear reader. Precisely. 🤷♂️
Meanwhile, the altcoins, those fickle companions, find themselves slightly in the red, save for the gallant CRO and EOS, who have once again donned their capes and soared to impressive heights. How delightful it is to witness such audacity in the face of adversity!
Now, behold! The million-dollar conundrum—what whimsical fate awaits XRP’s price? Investors clung to fantasies of a meteoric rise, envisioning a dollar surge into the stratosphere—$10, to be precise! After all, if a mere election could send tremors through the marketplace, surely this legal escapade would light the fuse of a bigger explosion. Or was it simply a puff of smoke from a badly rolled cigarette?
The crypto markets, ever the drama queens, are cloaked in a shroud of caution, with traders and investors adopting the posture of a cat stalking a particularly elusive mouse. 🐱👤
Losses from crypto scams, exploits, and hacks took a nosedive to just $28.8 million in March – a breathtaking plunge from February’s sobering $1.5 billion. Much of February’s loss was courtesy of the infamous Bybit hack. 🤦♂️
Well, isn’t this just peachy? Video game retailer GameStop Corporation (GME) has finished a convertible debt offering that raised a whopping $1.5 billion, with some proceeds earmarked for buying Bitcoin. Because, you know, what could possibly go wrong with a company that’s already struggling to stay afloat sinking more money into a highly volatile asset. 🤑
On the first of April—April Fool’s, mind you!—they sent a letter to Judge Edgardo Ramos, as suave as a riverboat gambler, asking for a 60-day breather. “Let’s push back all them deadlines,” they pleads, “so’s we can mull over a peace treaty.” 📜🕰️
After fortifying its base above $588, BNB embarked on a fresh crusade. It stormed past the $600 and $610 barriers, even touching $615, only to be met by the stern gaze of the bearish forces, akin to the trials faced by its brethren, Ethereum and Bitcoin.
The accused culprit claimed in an on-chain message that he lost 2,930 ETH while tryin’ to launder the loot. Guess you could say he got caught in his own scheme!
In a recent post on X, Glassnode, that oracle of blockchain data, has turned its gaze upon the “long-term holder” (LTH) cohort. These are the BTC investors who, having purchased their coins more than 155 days ago, have now entered the realm of the immovable. Statistically, the longer these coins gather dust, the less likely they are to budge. Truly, these LTHs are the stoic sentinels of the market. 🛡️