Crypto News

A clever analytics firm named Glassnode has recently published their observations, akin to scribbles from an oracle, about the mysterious “Coin Days Destroyed” (CDD) indicator for Solana. Imagine a ‘coin day’ as a badge of honor, awarded when a token remains untouched, gathering dust, for a day. But alas, when it finally moves, all those days are wiped away, erased like a bad memory. Think of it as the coins’ retirement party, but instead of cake, they get reset to zero. 🎂🚫

Yet, amidst the gloom, a flicker of hope remains—a mad hope that Solana might lead some grand altcoin uprising once the world stops its endless whimpering. Remember, this is the same token that’s shown a knack for bouncing back like a drunken boxer, ready to punch with renewed vigor when the stars align. But don’t get your hopes too high—right now, the analysts, the wise men of the crypto chaos, warn us: Support is slipping away, and the ominous shadow of failure hangs over SOL’s head. Carl Runefelt, the seer, gestures dramatically at a chart, whispering tales of impending breakdowns and the possibility of a plunge down to $142. A merry thought, isn’t it? Are we prepared for a wild ride into the abyss?

Anonymously known as Darko — because apparently, dentists need to keep their identities safe from villainous digital pirates — he says he was spending Bitcoin like it was Monopoly money, all while immersed in the pixelated universe of DotA. Yes, that’s right: the very game that made many of us curse at our computer screens instead of pursuing a career in dentistry. 🤓

According to the venerable Sygnum Bank’s June 2025 Monthly Investment Outlook (a real page-turner), the liquid supply of Bitcoin has shrunk by approximately 30% over the last year and a half — nearly 1 million BTC have simply vanished from exchange shelves. That’s right, folks, fewer coins are now on the market than a modest garden gnome at a British garden party. These coins, once easily swiped, have mostly hopped into cold storage, long-term vaults, or fancy new exchange-traded funds — basically, they’ve gone into hiding, leaving traders competing for scraps like cats at a tin can auction.

In a little yarn spun on X (or whatever fancy name they’re usin’ now), they claim the traditional four-year rodeo of boom and bust is giving way to “the last rotation”—a quiet handoff of coins from folks who buy for fun to those big-money fat cats with horizons longer than the Mississippi. Michael Saylor—yes, that fella with more gadgets than a pawnshop—says folks less committed are headin’ out, makin’ room for corporations, ETFs, and multinationals like BlackRock and Fidelity to set up shop in the vaults.

After its daring breakout in May, ETH now parades between the $2,475 and $2,680—like a prisoner pacing within his cell, hoping for freedom but settling for the bars. Last week’s market dip saw it retreat roughly 11% from its three-month high of $2,788, only to bounce back Monday as if to mock those who doubted its resilience.

Meanwhile, amidst the chaos, the wise on-chain prophets whisper of deeper, unseen currents—hidden trends that could decide whether our hero ascends or descends into digital oblivion. The clever analysts point to long-term holders—those patient souls—who are quietly accumulating, as if hoarding the last slice of cherry pie before the market closes. And yes, the exchanges are witnessing withdrawals that would make even the most indifferent investor reach for their popcorn. Binance’s spot trading has surged, turning the platform into a bustling marketplace—almost like a busy bazaar with merchants shouting, “Buy! Sell! Who’s got the best deal?” 🎪

It began with a single post—an innocent tweet proclaiming “even wetter than last time,” as if one could measure such things with blockchain precision. Yet, that fleeting message turned the markets into a chaotic carnival. Billions of dollars vanished faster than a politician’s promise. The token soared briefly to $0.0020, allowing some to dream of riches, only to be dashed back to the abyss — a humbling descent of more than 90%, bringing the value to a mere $0.00019. Questionable wallets, like mischievous children, bought in greedily and sold out just as quickly, profiting ten times their initial offering. Truly, a masterclass in the art of pump-and-dump, skillfully orchestrated by unseen hands, or as some cynics might say, “classic wallet gymnastics.”

Thanks to the illustrious Eleanor Terrett, we learn that the NYDFS, that stern crusty guardian of financial virtue, handed over these coveted tokens of legitimacy. No more clandestine dealings in the shadows—MoonPay is now a bona fide citizen of the land of regulation. And fancy that! This triumph puts them among giants like Robinhood, PayPal, Coinbase, and Circle—because nothing says “trust me” like a government stamp. 😉

According to the savvy on-chain data provided by Arkham—who clearly have a lot of free time—WLFI transferred $47 to each address that managed to get in during the presale back in March. It’s a bold move by a platform that just wrapped up a rather impressive $300 million presale. Talk about making it rain, Trump style.