The ever-observant trader Rai—who never naps, unlike some of us—has spotted what looks suspiciously like a double bottom pattern brewing on the BNB/USDT chart. Picture it: two dramatic plunges into the abyss, followed by an audacious leap above the $654 neckline. “W for win,” cries the bullish camp, while seasoned cynics wonder if it isn’t simply a slightly misshapen ‘M’ in disguise.
In a rather pragmatic move, Graphite Network has unveiled its Phonebook MVP, which promises to bring decentralization to your very own phonebook! How charming. This little application seeks to introduce transparency and reputation scoring to phone numbers. One might ask, how could such a humble tool possibly bring about such a revolution? Perhaps time will tell.📞
Prediction markets let traders buy and sell contracts tied to the outcome of real-world events, with prices reflecting the perceived probability of those outcomes. Polymarket and Kalshi are two prominent platforms in this space, offering insights into crowd-sourced forecasts on topics ranging from politics to crypto asset prices. The data from both prediction marketplaces reveals surging confidence in bitcoin’s price potential, as if the entire world has suddenly decided to join a giant, decentralized Ponzi scheme. 🤷♂️💰
On the South Lawn of the White House, there was a signing ceremony that was followed by military flyovers. There were also Republican politicians and military leaders present throughout the event. Trump explained the bill by saying that it was the most popular bill ever signed in the history of our country, which focused on economic growth and working Americans. This will spur an unprecedented growth in the economy and pick up this nation of the hard-working citizens who make this country go, he said citing factory workers, farmers and service industry workers.
The latest prophecy comes from none other than XRPwallets, a sage of the community, who has laid out a few potential scenarios, each more intriguing than the last. 📈
Fred, bless him, popped up on Bloomberg—because where else does one go to burst bubbles on live TV?—to say, more or less: “Look, folks, the gold rush is overcrowded, and several prospectors forgot their pants.” Apparently, the grand plan of flipping your sleepy, barely-profitable company into a Bitcoin hoarder isn’t quite as bulletproof as it sounded over happy hour.
On-chain data from CryptoQuant adds to the optimism. The Binary Coin Days Destroyed (CDD) metric—which tracks the movement of long-dormant coins—shows that ancient coin activity is currently twice below its annual moving average. Historically, spikes in CDD often signal the beginning of distribution phases by long-term holders. The current subdued activity, however, suggests that seasoned investors remain confident, opting to hold rather than sell.
AVAX might be nearing the end of its corrective phase. The weekly chart from TrendFi shows a well-defined falling wedge pattern. Price has been compressing within this wedge for several months, steadily forming lower highs and higher lows. This kind of structure typically builds pressure that eventually resolves upward, especially when volume starts to pick up near the end.
The bigwigs at the Secret Service’s Global Investigative Operations Center—get a load of that name, it’s like they’re auditioning for the next James Bond movie—have been using blockchain analysis, open-source tools, and “thorough” investigative methods. Okay, sure. Maybe they’re just scrolling Reddit like the rest of us and calling it intelligence work.
Telegram’s blockchain dreams are about to get a whole lot bigger, folks. The Open Platform (TOP), the brains behind the “Wallet in Telegram” and other TON apps, just announced a $28.5 million Series A funding round, making them a billion-dollar baby. 🎉
