Not unlike a minor Tolstoy character contemplating a change of hats, Cardano has slipped out of its recent malaise with a graceful hop. Following in the frenetic footsteps of its cousins, Bitcoin and Ethereum, ADA now reclines above the $0.5750 mark, tossing glances back at $0.580 like a debutante scanning a dull ballroom.
And yet—since the curious days of mid-May—a feeble, yet persistent, ascent began, with the mysterious 50-day moving average serving as a guardian angel or a fatally sleepy watchman, depending on how you prefer your metaphors. As we speak, the on-chain shenanigans suggest Uniswap’s halls are filling with slightly more guests—perhaps all there for the free hors d’oeuvres?
Jack, clearly spending his weekend buried in tech jargon, said he was “learning about Bluetooth mesh networks, relays, store and forward models, message encryption models, and a few other things.” Oh, and by the way, he decided to introduce Bitchat on X (formerly Twitter) on Sunday. Because why not?
Despite the naysayers predicting a long downturn, the charts and market signals have shown remarkable resilience. Support levels held firm, large investors kept buying, and overall market liquidity kept rising like a majestic phoenix from the ashes. 🔥
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.
