In a dramatic twist no one saw coming (except everyone), Maartunn-CryptoQuant’s favorite on-chain Sherlock-posted on X about Bitcoin short-term holders (STHs) doing what they do best: reacting to price moves like they’re being chased by a bear in a financial horror movie. 🐻📉
Strive Inc. has finalized its acquisition of Semler Scientific, positioning itself as the 11th largest corporate holder of bitcoin. 🧠💸 A transaction as tumultuous as a man gambling with his soul, yet here we are, staring into the abyss of digital gold.
Yes siree. The company that once danced hand-in-hand with lawmakers, singing kumbaya about innovation and financial freedom, turned tail and muttered, “Nah, I don’t like the smell of this one.” And who can blame ‘em? When the fix is in before the game starts, even the most optimistic fool starts checking for aces up the dealer’s sleeve.
Indeed, though the stakes have risen higher of late, the grand scheme remains festively draped in clouds of ambiguity! Investors, split as Pascal might say, with one foot in rational expectation and the other in the whimsical abyss of caution born from the latest tremors of correction, hesitate to declare a decisive victory.
In a twist that could make even a soap opera writer raise an eyebrow, Ripple has thrown over $150 million into the pot to support LMAX’s ambitious worldwide business strategy. It’s almost as if they’re saying, “Let’s build a better railroad for digital assets!” 🚂💨 This investment underscores their commitment to linking the quaint world of digital currencies with the rather more traditional finance landscape while simultaneously hitting the gas on access to regulated trading platforms and liquidity. Talk about a power move!
And guess what? It’s not alone! Zcash (ZEC) and Dash (DASH)-the troublemaker twins-mimicked Monero’s wild ride, soaring to dizzy heights before nose-diving faster than a roller coaster on a caffeine buzz. Zcash hit $750 and then plummeted back to $400; Dash went from $120 to $35, because hey, what’s a privacy coin rally without a good ol’ crash? 🎢🤪
For most of 2024’s first season, the value of RWA lingered under $100 million, creeping forward through March and June as if the river were dozing. Growth was steady, almost polite-a line of geese crossing a frozen lake, nothing loud, nothing reckless. 😉
Thus BeInCrypto-an institution of dramatic restraint-has calmly, almost couture-like, dissected three such altcoins that may, with insolent charm, surprise the weekend investor.
The pause arrives as the U.S. Senate Banking Committee delays markup on a proposed crypto market structure bill, a postponement that has cooled the ardor after Bitcoin briefly flirted with $97,000 earlier this week. ⏳😂
Enter Anatoly Aksakov, Chairman of the State Duma Committee on Financial Markets, a title that sounds impressive enough to make you believe he could single-handedly regulate the entire Russian economy with a wave of his hand. He claims this new bill will allow cryptocurrencies to seamlessly integrate into the lives of ordinary Russians. Yes, because nothing says ‘normal’ quite like paying for your blini with a digital currency that fluctuates more than the average Moscow weather forecast.
