Broker Canaccord Genuity said Northern Data’s (NB2) long-anticipated merger with video platform Rumble (RUM) took a major step forward yesterday after the companies signed a business combination agreement. Because nothing says “excitement” like a merger that’s been “long-anticipated” for years. 🎬💣
While Bitcoin is busy being a good boy, sitting still and chuckling softly, privacy coins are staging a comeback with all the subtlety of a cat burglar. Zcash (ZEC), that sneaky darling, has strutted back into the top 20 cryptocurrencies, topping $600-an achievement not seen since the days when internet was just a passing fascination-and boasts a staggering $20 billion in futures trades. Yes, billion with a ‘B’. Someone’s stealing the show while the broader crypto herd naps.
The Silent Revolution
Mind you, it’s taken nearly three years to reach this stage, which is about as speedy as a tortoise with a hangover. The crypto exchange, which went belly-up in November 2022, has been a veritable quagmire of financial shenanigans and legal tomfoolery. 🕰️💔
His total Bitcoin investment has ballooned to a staggering $47.54 billion, with an average purchase price of $74,079. As long as BTC stays above this threshold, our fearless Saylor stays afloat-probably floating on a cloud of profit. Currently, the company’s treasure chest is worth a majestic $67.7 billion, a cheerful 42% profit despite Bitcoin’s recent bearish tantrums. Who says bears win every time? 🐻🧙♂️
Oh, look, Nanyang Technological University, or, as I call it, the beacon of brilliance NTU Singapore, has decided to buddy up with Zero Gravity (0G). Let’s throw an insane $3.84 million at this collaboration because apparently, AI needs transparency almost as much as I need a good steak. And guess what? This might be the first time a university is having a prom with a blockchain firm.
If you had to sum up bitcoin’s market action since June, “range-bound” and “directionless” might fit the bill. Or, as I like to call it, “the financial equivalent of a toddler spinning in circles.” 🐶
In a feat that would make even the most stoic of showgirls blush, revenue has skyrocketed by an astonishing 87%, reaching a splendid $50.6 million. Oh, darlings, digital assets alone now contribute to this flourish-$43.4 million, to be precise. Yes, Bitcoin’s nearly doubling, and so is the company’s confidence, it seems. 🎩
Like Bitcoin and Ethereum-its flashier cousins-XRP embarked on a jaunt past $2.320, then $2.350, as if late for a very important date. The $2.420 resistance fell like a poorly constructed metaphor, and soon it was breezing past $2.50 with the confidence of a man who’s just faked his way into a VIP section.
Ethereum, ever the drama queen, briefly dipped below $3,250 before remembering that crashing isn’t great for PR. It then staged a comeback, breezing past $3,350 and $3,420 like they were mere speed bumps on its way to glory. Or oblivion. It’s hard to tell with crypto.
