Will Bitcoin Hit $120K or Crash Like a Melodrama? 🐳💸

Table of Contents

Table of Contents

In a spectacular twist, Avalanche (AVAX) has processed a jaw-dropping 10.9 million transactions in the past week! That’s the highest since December 2023, mind you. For months, it was just plodding along at a mere 2-4 million, but then-BAM!-it shot up like a rocket from mid-2025 as more apps decided to join the party.
In a thrilling episode of “Will It Rebound?” Maartunn, posted on the famous x-platform (formerly Twitter, now “X-citing”!), declares that Bitcoin is sneaking up on the short-term holders’ (STH) realized price of $107,000. Basically, these are the folks who bought in the past 155 days – think of them as the “In the Money” club. If BTC hits this magic number, get ready for a potentially bullish fireworks show. 🎆
White Whale, perhaps realizing the irony of it all, shared screenshots on X (formerly known as Twitter, though who knows what it’s called next week) showing MEXC offering to meet with high-level leaders in Malaysia and suggesting possible “business deals” as part of the process. Business deals? This is starting to sound like a bad thriller plot. Does anyone else hear the theme from The Godfather in the background?
The rest of the top ten was as crowded as a Mississippi steamboat during Mardi Gras, mixin’ layer-1 networks and fancy protocols like a hot biscuit. Among ‘em:

According to the S-1 registration statement filed with the U.S. Securities and Exchange Commission on Tuesday (those busy bees!), the Bitwise Chainlink ETF aims to dangle direct exposure to LINK in front of investors. And who’s the lucky custodian? None other than Coinbase Custody, of course! 🏦🔐
The curtain rises: SharpLink now clutches 797,704 Ether-cue the drumroll-which is a cool $3.7 billion. Plus, there’s still $200 million in cash, seemingly begging to be thrown at more coins. The company dropped this revelation on a Tuesday, as if Tuesdays weren’t dramatic enough.
A whale, this leviathan of the meme-deeps, moving not with the herd but through it, a silent mountain shifting its snow. Is this the prelude to a great shedding, a winter for jests? Or merely a giant, weary of his solitary hoard, deciding to mingle with the merchants? The exchange, that great bazaar, receives the avalanche into its vaults without a flinch, its own coffers swelling by a silent, staggering two percent.
According to a press release dated August 26, Trump Media & Technology Group, Crypto.com, and Yorkville Acquisition Corp. have entered into what can only be described as a crypto-themed marriage. Together, they’ve birthed Trump Media Group CRO Strategy, Inc., a publicly-traded company destined to dazzle-or confuse-the masses on Nasdaq under the ticker MCGA.

But let’s rewind with the grace of a sugar-plumed peacock to last Friday, shall we?