Cryptonews

Picture, if you will, dear reader, a river of tokens—250 million $PI, no less—gushing forth between the twilights of June 28 and July 15, 2025. Valued at a stately $135 million (give or take a yacht), these tokens tumble into the marketplace with all the grace of a herd of caffeinated rhinoceroses. Sell pressure, as the market cognoscenti love to whisper in dark corners, is mounting with the dignity of a collapsing soufflé. The bold are advised: if you must watch the price charts, bring sunglasses and perhaps a fainting couch. Volatility doesn’t knock; it kicks down the door.🚪💣

Amidst this growing threat, Ethereum [ETH] has become the hackers’ favorite playground, a digital candy store for the morally bankrupt.

Guillemet took to Twitter to share some intriguing details that preceded these colossal Bitcoin moves and offered possible explanations for the same.

Musk’s succinct declaration that “fiat is hopeless” has already sent shockwaves through the halls of power and the digital currency community. It’s as if he’s dropped a digital bomb, and everyone is scrambling to see where the pieces will land. 🧨

It’s said that price is the best measure of appeal of any asset. To the dismay of bitcoin

On a sultry June evening, just before the rooster crowed and the exchange rates plummeted (as usual), Bit Digital (NASDAQ: BTBT) uttered words the Bitcoin mining world will never forget. “Enough with the digging! We embrace staking!” The year: 2025. The witnesses? Startled investors, sweating miners, and keyboard warriors from all seven continents. One can only imagine the howls echoing across basements filled with whirring ASICs and the sudden crash of mining rigs yanked unceremoniously from outlets.

Several factors, including exchange-traded fund hype, increased demand, and technical indicators, are fueling this optimism. But let’s not get ahead of ourselves, shall we? After all, in the world of cryptocurrencies, one moment you’re soaring like an eagle, and the next, you’re plummeting like a stone. 🪨🦅

Not to be overshadowed (by either competence or existential dread), Internet Computer mustered 185 commits, while Arbitrum, clearly emboldened by the existential futility of it all, landed at 175. Hedera clocked in at 160—presumably because someone forgot to switch off their automated commit bot. Meanwhile, the familiar proletariat of Polkadot, Chainlink, and Tezos soldiered on, their progress steady, their hope eternal, and their coffee supplies running dangerously low.

O, trembling mortal! The Bollinger Bands — that fabled serpentine corset girdling Bitcoin’s volatile waist — now suggest a possible pirouette into the $110,000 ether and, in some feverish opium dream, even beyond. 

This shimmering proposal wants to slap a per-transaction gas cap on our dear crypto stage, lest some ruffian’s trade gobbles the whole block and strands us all at the digital bar. “Smaller sips, chaps!” is the gist. Those cheeky denial-of-service scoundrels will have to be creative elsewhere 🎩.