Crypto aficionado Pompliano, like an oracle of old, doth proclaim that Bitcoin’s precipitous tumble is no tremor of frailty but rather a cunning ruse orchestrated by the titans of institutions. These mighty giants, he argues, seem but to lightly slash the coin’s worth, thus shedding their hoard at most auspicious of moments, just before liquidity’s sweet embrace can properly be felt.
So, what’s behind this crypto caper? Will ZEC keep soaring or come crashing down like a poorly coded NFT project? 🤔 Let’s dive in, shall we?
Crafted by Italian artist Valentina Picozzi-whose name sounds like a cryptocurrency itself-the statue employs a layered-metal technique to achieve its optical illusion. From one angle, it’s there, proud and defiant; from another, it dissolves into thin air, much like Satoshi’s own identity. 🎨
In a curious missive on X, the famed digital seer Ali Martinez has expounded upon the appearance of a Tom Demark (TD) Sequential prophet’s pattern within the weekly parchment of Stellar. By the virtuous art of technical divination, this so-called TD Sequential is a tool of uncanny foresight, aimed at discerning the mercurial reversal points in the whims of an asset’s fortune.
Oh, how the XRP price, that fickle lover, attempted a recovery wave above $2.150, only to be cast down by the cold hand of reality! Like Bitcoin and Ethereum, it faltered, a tragic tale of unfulfilled potential. The price, now a wretched soul, descends below $2.080 and $2.050, its spirit broken.
The cut sent the usual herd of risk-loving speculators galloping into the crypto pastures, cheering like they’d just discovered fire. But the euphoria proved about as stable as a soufflé in an earthquake. Sentiment soured faster than milk left in a Bentley, and Ethereum found itself once again at the mercy of forces it barely understands-mainly, the collective greed and panic of people who think “technical analysis” means squinting at patterns while muttering.
But oh, the folly of her recent endeavors! She faltered, unable to breach the $94,000 and $94,500 barriers, as if daunted by her own ambition. A correction ensued, a retreat below $92,500, a moment of doubt in her otherwise resolute performance. Below the 50% Fib retracement level she dipped, even skirting the perilous edge of $90,000. Yet, the bulls, those stalwart admirers, rallied near $89,500, their fervor preventing a more calamitous fall. 🛡️
Now, the estimable BitcoinTreasuries.NET hath prophesied that for the upcoming quarter, a sum of 40,000 BTC shall be purchased by treasury firms-an amount that, pause as it may, is the lowest since a rather distant third quarter of the year 2024. One might almost say they are taking a gentle breath before plunging into the next scheme of acquisition, or perhaps simply reflecting on whether this grand experiment hath truly begun to mature. 📉
According to CoinDesk, dYdX is rolling out its very first spot trading product. This isn’t just any ol’ update-dYdX Labs claims it’s part of a grand plan to dive headfirst into the Solana ecosystem and lure in a fresh batch of users. 🐟🪝
Replying to developer and X feature-watcher Nima Owji on December 10, Musk dropped a characteristically terse update: “It has been launched internally.” Within hours, promoter Mario Nawfal was broadcasting that “X MONEY IS LIVE BEHIND CLOSED DOORS, PUBLIC LAUNCH NEXT,” describing the system as “quietly tested by employees and early users while the rest of the world waits for access.” 🤯
