The scammer’s modus operandi was as insidious as it was simple: request funds under the guise of cryptocurrency investments, bolstered by a fabricated portfolio that shimmered with the allure of easy wealth. The victim, now a statistic in the annals of crypto scams, lost a staggering $3 million – a sum that echoes the haunting refrain of “pig butchering” scams, where trust is the ultimate currency. 🐖
Right now, it’s down a whole24.7% from its peak. You know, that magical moment above $109,000 in January? Yeah, that feels like a lifetime ago. It’s like Bitcoin’s trying to break some kind of record for the most dramatic asset ever. 🏆
After a heart-wrenching drop below $82,500, BTC decided to test our patience by flirting with the $81,200 zone. Then, like a typical rom-com hero, it had a change of heart and tried to win us back with a decent recovery wave. 🎥💖
Since its foray into the crypto world in 2020, PayPal has been steadily building its digital currency portfolio. This latest addition, though not heralded with fanfare (the news was quietly tucked away in the FAQ section of their website), signals a growing confidence in the sector. One might even say it’s a nod to the crypto-friendly policies of the Trump era, which, like a ghost from the past, continues to influence the present. 👻
In some fancy-pants TradingView post (whatever that is!), Pejman declared that if Bitcoin dips its toe below $83,500, it’s curtains! Kaput! Finis! This after he was all bright-eyed and bushy-tailed about some “bullish flag pattern.” Honestly, these crypto chaps make more excuses than a kid caught with his hand in the cookie jar. He reckoned Bitcoin was going to zoom upwards to fill some “CME gap” at $86,000. Blimey!
On a Wednesday afternoon that was supposed to be just another day in the grand circus of finance, President Trump decided to throw a spanner in the works by announcing “reciprocal tariffs” on 185 countries. Yes, you read that right—185! It’s like he walked into a buffet and decided to take a plate for everyone. The news sent shockwaves through the financial world, with the S&P 500 futures market losing a staggering $2 trillion in under 15 minutes. That’s a lot of zeros, folks!
In a recent proclamation on the platform formerly known as Twitter, the analytics firm Glassnode has shed light on the latest trend in the “Supply in Profit” for the major players in the crypto circus. This “Supply in Profit” is a curious little metric, one that tracks the percentage of a cryptocurrency’s total circulating supply that is currently sitting pretty in the green. It does this by rummaging through the transaction history of each coin, like a nosy neighbor peeking through your curtains, to determine the price at which it was last moved. If this price is less than the current spot price, well, congratulations! That coin is in profit. 🎉💰
numbers above 53 mean the market is feeling greedy (not that there’s anything wrong with a little greed, of course), numbers below 47 indicate fear (fair enough, who isn’t a little scared these days?), and the territory in between is the neutral zone, where the market can sit and ponder its navel in peace. 🧘
Ava Labs, the masterminds behind Avalanche, will be conjuring up the “basis” of this stablecoin sorcery using their trusty blockchain magic 🎩. Meanwhile, Fireblocks, the crypto security wizards, will be busy weaving a management system for these tokens that’s tighter than a miser’s purse strings 🔒.
Good heavens, the drama that’s been unfolding on the cryptocurrency markets! Binance, that esteemed exchange, has been at the center of a spot of bother, with a sudden and drastic price crash hitting multiple tokens.