Bitcoin (BTC), with its $116,466 price tag, has decided to take a brief siesta, dipping a mere 0.23%. Ethereum (ETH), not to be outdone, follows suit with a 0.25% retreat to $4,542. The altcoins, those mischievous wallflowers, offer a mixed performance-some dipping, others daring to rise, all while maintaining an air of nonchalance. 🌟
The catalyst for GoPro’s recent ascent is no mere coincidence; it involves a series of well-coordinated strategic moves and some timely technological advancements.
The architects of this ascent? Not the quantum states of atoms, but the quill of Lake Street Capital Markets, whose analysts, with the solemnity of prophets, have anointed this stock with their benediction of “buy.”
Right now, ETH is chillin’ around $4,500, which is basically the financial equivalent of that awkward pause in a group chat. The price has been climbing but now it’s squeezing itself into a neat little “bullish pennant” pattern. Fancy words for “it’s acting like a high schooler waiting to either break out or totally freak out.” This pennant is formed by rising support (think of it as the price’s emotional floor) and falling resistance (the annoying ceiling it keeps bumping its head on).
But that is not all! The good folk at YZi have also set their sights on conjuring fresh stablecoin marvels: the whimsical USDtb and the enigmatic Converge. One cannot help but wonder if these names were plucked from a rather peculiar carnival brochure. Meanwhile, the vaults safeguarding Ethena’s treasures grow heavier still, with a total value locked towering over $13 billion – a sum so grand it would make even the most stoic merchant raise an eyebrow in bemusement.
Apparently, they’re using something fancy called a Collateralized Debt Position (CDP) protocol – which is just a fancy way of saying, “hold onto your XRP while we pretend it’s worth a buck.” According to some press release that landed in CryptoPotato’s inbox, this CDP lets XRP holders mint stablecoins that are “overcollateralized.” Fancy words to distract you from the risk.
This isn’t some impulsive sugar rush, folks. No, no. This rally has meat on its bones. Alibaba’s not just some stock flapping around aimlessly. The company has actually started delivering results in areas that investors like you and me care about, and you better believe it’s not just a momentary blip.
Over the past two years, ASML’s stock has climbed like a river after a spring thaw, swelling to a market cap of $267 billion. Analysts whisper of a steady current: 10% annual revenue growth and 17% earnings gains through 2027. Clouds of AI and the settling dust of smartphones and PCs provide cover, while the next frontier of chips looms like a distant horizon. But even at 29 times earnings, this river may rise no more than 20%, leaving its market cap at $320 billion. A respectable gain, yes, but not one that will outpace the updrafts of AMD and Micron.
Our heroine Warren, joined by Senators Mazie K. Hirono from the tropical isles of Hawaii and Richard Blumenthal of the empire that is Connecticut, penned a missive to Attorney General Pam Bondi. The letter, heavy with righteous indignation, referenced whispers that the DOJ might be considering rolling back certain shackles on Binance-because who wouldn’t want to free a financial leviathan from its chains? 🦾
The platform’s offerings-individual stocks, ETFs, retirement accounts-were the mundane scaffolding upon which it built its cathedral of chaos. Yet the true alchemy lay in the Robinhood Gold subscriptions, $5 a month or $50 a year, a steady drip of revenue as reliable as the morning rain in Macondo. One million five hundred thousand new subscribers had joined the cult of recurring payments, their names etched in the company’s ledger like prayers in a cathedral’s stone.