usdaed

The market’s liquidity is weaker than a wet noodle 🍝, rate-cut expectations are as reliable as a politician’s promise, and a new macro driver has become Bitcoin’s strongest ally… or its worst enemy? 🧠🔥

Bitcoin, that dear old chap, continues to show us that he’s the last laugh in the comedy club of cryptocurrencies. Presently, he’s charming the market highs and lows, sauntering about at approximately an average of 89,000 of the local tender-oh, not without occasional shivers and shakes. Now, anyone bold enough to draw a long-stem from Bitcoin to tulips is guilty of a terrible miscalculation. Those bulbous beauties parachuted into oblivion after mere three years, you see. In contrast, our beloved digital gentleman has smiled through the calendar pages for nearly two decades.

Charles Hoskinson, that ever-cryptic maestro of the ADA symphony, deigned to grace X (formerly Twitter-ah, the nostalgia!) with a proclamation so vague it could mean anything from a revolutionary blockchain breakthrough to him finally remembering to buy milk. “Monday is going to be a good day,” he declared, with the solemnity of a man who knows his words will send legions of bag-holders into frenzied speculation. And oh, how they speculated! The ADA community, ever-starved for excitement in this desert of sideways price action, clung to those six words like shipwrecked sailors to driftwood. 🌊

What’s the real story behind this geopolitical tango? Are we witnessing the birth of a new prosperity or merely watching a global game of emotional chess-kings and pawns in a dance of policies, dreams, and dollar signs? Well, buckle up, because the plot thickens and the popcorn gets ready!

With valor, Bitcoin retains its hold above $90,500-an act of defiance! It aspires to soar above $91,500 and even flirt with $92,500. Aye, the mighty $93,000 was once a mere obstacle, now a stepping stone, topped at $94,050 with the flair of a pantomime hero. Yet, as all actors, it stumbled, retreated-alas, retracing half its fairy tale from $83,871 to $94,050, and now, the brave bulls rally near $87,800, plotting their next move. Such is the eternal dance-up, down, and around! 💃🏻🕺

These associations, representing everything from banking to futures (and, delightfully, even “internet finance” – whatever that precisely entails) decree that all crypto-related flippery-floppery – stablecoins, the mysteriously enticing “airdrops,” the gritty business of mining, and, most specifically, this newfangled “real-world asset (RWA) tokenization” – is, shall we say, frowned upon. An illegality, in fact. A veritable sin against the financial order. 😉