In a scene reminiscent of a desperate struggle between vice and virtue, Dash experienced a clear reversal from its recent pinnacle near $97. Aggressive buyers, once bold and brazen, suddenly found themselves paralyzed by fear as the specter of profit-taking loomed large, casting an ominous shadow over their once bright aspirations.
Les noms comme Cipher Mining, CleanSpark, IREN, et TeraWulf, ont tous perdu de 5 à 9%, comme des acteurs ratés cherchant leur dernier rappel. La raison ? La crainte que CoreWeave, ce géant en devenir, ne leur vole la vedette, leurs GPU, et disons-le franchement, leur chance au succès.
The price of Ethereum, that nimble performer, hath risen by 0.36% in the past day. A trifling flourish, yet enough to stir the audience.
The stock, once soaring at $542, now languishes at $160, a shadow of its former self. Billions in value have evaporated, leaving shareholders to ponder the wisdom of their investments. Ah, the irony! The company, in its quest for Bitcoin, has diluted its shares, a move as ill-advised as a protagonist’s misguided passion.
The total stands at about 4.243 million ETH – roughly 3.52 percent of all Ethereum – a figure that makes the clock tick louder and the photocopier cough with envy.
But never fear, because the big players seem blissfully unfazed, or at least they’re pretending to be. A new report from Coinbase reveals that most major firms are quietly (or not-so-quietly) convinced that Bitcoin is undervalued right now – perhaps they’re imagining it as a sleeping giant waiting for its moment.
In a thread he titled with the bravado of a gambler, Vincent Van Code argued that “everyone is calculating the XRP burn wrong.” He starts with the base fee of 0.00001 XRP, a number that wears the costume of normal when the network sleeps. “But what happens if the world actually uses the XRPL at its 3,400 TPS limit?” he asks, suggesting that the real driver is load, not raw speed.
At the moment of writing, it lingered at 2,863, down 2.63% for the day, and the week wore on with a melancholy downward drift.
Recent activity shows a large Ethereum holder, who hadn’t made any transactions for years, has moved a substantial amount of ETH. This transfer happened while the price of ETH is currently facing downward pressure. Despite this, experts still believe Ethereum has strong potential for future growth based on its underlying strengths.
The sheer breadth of withdrawals reads like a ledger from a man drifting downstream without a paddle-confidence is still on the lam. All the while, stubborn macro uncertainty and the fading yarns about crypto’s role as a hedge keep the boat from turning back.
