pricpr High-tech blockchain ventures, much like a delicate vase on a rickety shelf, rely heavily on the trust and competence of their technical teams. On a particularly gloomy Thursday, July 31, the Qubetics (TICS) team found themselves addressing a crowd of disgruntled investors and a token that had lost nearly all its value.
While our hero diversifies—embracing Bitcoin, gold, and some corporate dalliance—its “cash equivalents,” those loyal but less flashy bonds and repurchase agreements, barely twitched. Compliance with the GENIUS Act, that fickle mistress, might prove a challenge indeed.
According to a press release that no one actually read but everyone nodded at, Visa is doubling down on its crusade to make transacting in digital currencies as easy as flipping through channels at 3 a.m. on a summer night. They’re welcoming the partnership with Paxos to support USDG and PYUSD, stablecoins backed by the mighty dollar itself—because nothing says “trust” quite like a coin that’s backed by a paper currency and a lot of hope.
The coming days promise a pantomime of hope and despair. Will Solana reclaim its lost glory, or will it succumb to the gravitational pull of zero? Only time—and perhaps a few well-timed memes—will tell.
Hyperliquid (HYPE) is dancing around at $44 as we speak, eking out a 2% gain in the last 24 hours and a cheeky 4% over the week—because who doesn’t love a small victory? Trading volume sky-high at $419 million, making it the kind of day that makes traders ripple with excitement.
While the broader market is having a midday snooze, PENGU is maintaining its solid uptrend. The daily candle might suggest a bit of a yawn, but as long as the price stays above the $0.028 demand zone, the structure remains bullish. This area has already acted as a key breakout and retest level, so if the price dips, it’s likely just loading up for another jump. 🚀
Check out this chart, courtesy of Alpha Crypto Signal, showing SEI doing its best impression of a bouncing ball—off the bottom support at about $0.31. Since June, that’s been the Support Superhero, right in line with the 9-EMA—talk about a supportive crowd. 🎤🕺
In a spirited chat on that scintillating daily bazaar of hot air, CNBC’s Squawk Box, the Republican not only warns but practically threatens the next president with a mountain of debt looming ever-so-menacingly over their head, ready to rain down chaos like a monsoon during a picnic. It seems our national borrowing has taken an Olympic leap, soaring high enough to make any acrobat jealous – over $519 billion just between July 3rd and July 28th! The grand total? A comically staggering $36.8 trillion. 🎈
In total, these treasure hoarders are sitting on roughly 791,662 BTC (because who doesn’t want to be nearly 800,000 Bitcoin richer?) and 1,313,318 ETH, which is about 3.98% of all the Bitcoin in existence—roughly enough to make a tiny island—or at least a big city. Ethereum fans are a little more modest, holding about 1.09% of Ethereum’s circulating supply, which is probably enough to get you a decent coffee or a reasonably priced yacht.
The Byzantine General’s latest chart, a labyrinthine masterpiece, now points to a potential shift in Hyperliquid’s lower timeframe structure—a confirmed higher low. Technically, this is the first constructive sign in ages, with price coiling beneath descending trendline resistance. The setup resembles the early stages of a rounded bottom or even a possible inverse head and shoulders, if the cosmos conspires. 🐍📈