Pepe (PEPE), that digital frog of dubious distinction, soared to $0.000012 on Saturday, Aug. 9, its highest perch since July 28 and a staggering 135% above its nadir this year. One can only imagine the champagne corks popping in the parlors of crypto enthusiasts. 🥂
They say when whales move, tsunamis follow. Waves of optimism crash against weary traders, who cling with trembling fingers to their phone screens, praying for “the next crucial test.” Shiba Inu now scuffles at the legendary barrier-the 200 day SMA, poised at a shimmering $0.00001371. This line isn’t merely resistance-it’s destiny, fate, the ghost at the feast. Surmount it and sweet, fleeting victory at $0.000016 and $0.00002 awaits. Fail, and the floor is lava. 🦴🔥
We’ll start with the bright side, though I reckon even the sun don’t shine as bright for some as it does for others. Pinterest’s revenue climbed 17% year-over-year, a figure that’d make a barn-raiser proud. They added 8 million users-nearly double what the sages predicted-and now boast 578 million monthly users, spread across the globe like confetti at a parade. Growth in every region, from the U.S. & Canada to Europe and the “Rest of World” (a phrase that sounds like a polite way to say “everywhere else”).
In the dawn of Bitcoin’s infancy, when the world scoffed at its worth, our hero mined 8,000 coins, a treasure beyond measure. Yet, in a twist of fate most farcical, he cast aside the hard drive, sending it to its grave in Newport’s landfill. Oh, the folly of man! 😂
To put it in plain terms-imagine this: Five years ago, you decided to take a punt on Nvidia. You forked over $10,000-probably as a completely random decision based on nothing but a vaguely positive gut feeling, or perhaps because the name “Nvidia” sounds vaguely futuristic. Today, that humble sum of $10,000 would be worth approximately $160,000. That’s a 1,500% gain. A mere 1,500%. Now, if that doesn’t make your head spin like an overloaded GPU in the midst of an AI training session, I don’t know what will. And, naturally, we can all agree that no one ever seems to remember when people said things like, “It’s just a graphics card company; how could it possibly go that far?” (At least, no one who made that statement would probably care to admit it today.)
Trust me; I’m not here to preach to the choir about the virtues of speculative bets. But here are three pointed reasons that urge you to entertain the notion of cradling an armful of Bitcoin in your diversified portfolio before the ball drops on 2026.
Now, Bitcoin’s [BTC] little rally this week might be more akin to a game of musical chairs, where the music stops and there are fewer chairs than players. The supply on Binance is dwindling, and that could lead to some wild price swings ahead. Hold onto your hats, folks! 🎩
On a balmy Saturday, August 5, Pi Coin (PI) languished at $0.400, a whisker above its monthly nadir of $0.3198. A price so low, it’s practically paying *you* to ignore it. 💸😏
Now, what’s behind this jolly good show? Why, it’s the institutional types, of course, pouring their dosh into Ethereum Exchange-Traded Funds (ETFs) like there’s no tomorrow. Since July, these ETFs have gobbled up a cool $1.99 billion in net inflows. BlackRock’s ETHA ETF, the old sport, managed to snag $727 million in a single day-not too shabby, eh? Meanwhile, ETH reserves on centralized exchanges have dwindled to a mere 12.3 million, the lowest since 2018. Seems the chaps are holding tight, no selling pressure in sight. 🤑
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