Bitcoin finance infrastructure maestro Maestro has graciously announced the open-source release of its dazzling Bitcoin indexer, Symphony! This elegant creation is destined to expedite the birth of complex financial applications, collectively known as BitcoinFi. Oh, how wonderful it is to behold such grandeur!
The community’s buzzing louder than a malfunctioning espresso machine. Some folks are calling it “potentially the largest airdrop by recipient count”-we’re talking a whopping 1.35 million active traders! But hold your horses; no token, airdrop, or snapshot has been officially released, just like my last relationship. 😅
From the annals of State Street’s Digital Assets and Emerging Technology Study, a revelation: the average devotee doles out 7% of their sacred portfolios to these pixelated phantoms, destined, they forecast with mock solemnity, to swell to 16% ere long. Sarcasm aside, how quaint these projections! 🤷♂️
Bitcoin holders may want to rethink their price targets for 2025, with one Bitcoin analyst arguing that $110,000 has been firmly established as Bitcoin’s new bottom. “You can kind of start lifting some of your targets and saying, ‘Well, because we’ve proven 110, that’s the floor, where do we go from here?’” James Check said in an interview published on YouTube on Thursday. It’s the kind of confidence that makes you pause your coffee and wonder if you’ve misplaced all your life decisions. ☕️
The Ethereum Foundation (EF) made a bold proclamation that privacy is the holy grail of digital trust. They define it as “the freedom to choose what you share, when you share it, and who you share it with.” Kind of like deciding whether to show that embarrassing dance video from last year’s wedding! 🕺
To resolve the charges, Ver has agreed to pay $48 million in back taxes related to his cryptocurrency investments.
Ah yes, the ever so delightful Binance Coin, soaring with a 30-day run like it’s been drinking rocket fuel. But don’t count Solana out just yet! If BNB’s RSI gets too overheated, we might just see a nice little rotation back into SOL, fueled by some tasty on-chain activity and Bitwise’s ETF update.
Take, for instance, the ever-optimistic Polymarket traders who, in their infinite hopefulness, raised their expectations slightly for an October airdrop following this “announcement.” But, dear reader, the shift was hardly earth-shattering. No, most sensible souls expect the full event to stretch into November, if not some undefined future moment where all things are possible-perhaps on a Tuesday in 2035. 🧐
MNT, the shiny little token that powers Mantle’s ever-growing ecosystem, has made headlines by skyrocketing over 20% in just 24 hours to briefly hit a new all-time high of $2.86. That’s right, folks-MNT has practically turned into a superhero, gaining a whooping 46% over the past week, and a mind-boggling 130% in 30 days. With that kind of speed, Mantle’s market cap went from barely a speck under $4 billion in September to an eye-popping $9.1 billion. Talk about a glow-up! 🌟💸