In a delightful twist of fate, Pompliano, the esteemed CEO of ProCap-a company that seems to have sprung from the very ether of cryptocurrency-has taken to the digital realm, specifically his official X account, to echo Kiyosaki’s clarion call. It appears that the winds of financial enlightenment are blowing favorably for our dear students!
Yet, as luck would have it, further inquiries made by a different tracker of the ether have unveiled certain truths regarding this economic escapade which would make even the most astute merchant raise an eyebrow in disbelief. Forsooth, the market has capered downwards with such abandon that it could scarcely maintain a decorum above the fiscal plight of $3.08!
For the first 18 hours, only those noble souls hoarding 260 Binance Alpha Points may claim their “rewards.” A grand reward for the “active participants”! 🎉 (As if mere mortals could comprehend such activity.)
On Tuesday, the Trump Media and Technology Group-yes, the very same-announced a rather staggering $6.4 billion Cronos treasury, in cahoots with Crypto.com and Yorkville Acquisition. Blimey, that’s enough to make one’s wallet do a little jig! 💃💸
Meanwhile, the big fish-those majestic whales-are busy bagging over half a million bucks in net monthly inflows. Yep, while retail investors are either panicking or simply surrendering, these behemoths are calmly accumulating, probably thinking, “Why not add a few more zeros to the pile?” Once retail leaves the building, the whales seem to whisper, “Here’s your shot, little coin, go shine!”
Now, if you take a gander at the daily chart, you’ll find our dear HolderStat, a crypto sage of sorts, pointing out that XRP has been doing a little dance, consolidating like a cat preparing to pounce on a particularly juicy mouse. This dance has led to a critical resistance line, standing tall like a stubborn mule, just waiting to be broken. 🐴
More than 80% of outstanding positions were liquidated, collapsing open interest from $160 million to just $30 million while clearing out the entire sell-side of the order book-a financial apocalypse in slow motion. 🌍💥
In a recent tête-à-tête with CoinDesk’s Sam Ewen, alongside Tether’s Paolo Ardoino, Mr. Hines declared himself “very confident” that the government shall proceed with alacrity on “budget-neutral ways to accumulate.” President Trump, he assures us, remains a “steadfast leader” in this realm, and the Strategic Bitcoin Reserve (SBR) is a matter of utmost importance. “Two monumental pieces of crypto legislation this year,” he proclaims, “shall secure America’s place as the crypto capital of the world.” How very ambitious! 🌍💼
Ethereum, ever the overachiever, bounced back with a 4% surge, proving that even in the crypto world, some coins are more equal than others. 🚀 Ripple and Solana? They’re like the party animals of the crypto world, partying hard at $200 and $4,600. Dogecoin? Still trying to figure out if it’s a joke or a lifestyle. 🐕🦺
Per our friend’s tale (shared with all the urgency of a burning inbox on X), he sold some USDT, paid 1% TDS, 28% tax, and then… poof! His money vanished into the ether of regulatory limbo. SBI called him, asked him to schmooze with bank officials in person, who then casually mentioned a “special notice” from Cyber Cell India. Because nothing says “legitimate transaction” like being grilled by people who probably still use floppy disks. 🖥️
