Cryptonews

In a move that’s either genius or utter madness (or both, because Elon), Elon Musk’s social media platform X has hired a design guru with more crypto experience than a Bitcoin whale. Benji Taylor, the man who’s been there, done that, and probably has the blockchain-themed T-shirt to prove it, is now leading design for X. His role is somehow connected to xAI and SpaceX, because apparently, Elon’s empire isn’t sprawling enough already.

Recent buying activity pushed the price of gold over $4,540, and futures prices are also climbing. The key question now is whether this price increase will continue, or if it will stop before reaching significant resistance levels.

The United Kingdom has officially banned all cryptocurrency donations to political parties. The government, led by Prime Minister Keir Starmer, stated the move is designed to “prevent untraceable funds from being funneled into U.K. politics.”

Crypto’s very own Sherlock, Willy Woo, has penned a tale so jaw-dropping, it’ll make your wallet weep. In a lengthy scroll on X (formerly known as Twitter, for you dinosaurs), he spills the beans on why altcoin enthusiasts were left munching on crumbs between 2023 and 2025.

Recently, our crypto darling climbed the social ladder, only to hit a brick wall at $71,550. Again. And again. It’s like that ex who keeps texting “new phone, who dis?” but never actually changes. Will Bitcoin ever get over this awkward phase? Stay tuned!

Indeed, McLaren Racing, that paragon of speed and engineering prowess, has officially aligned itself with the esteemed Hedera Council. This partnership promises to extend its considerable global influence throughout the vibrant Hedera ecosystem.

Currently, the biggest trend we’re seeing is a strong preference for long positions over short ones. On some exchanges, traders are holding three times as many long positions as short positions, which is a very strong signal. This suggests that, even though the price hasn’t officially started to rise, most traders are betting that it will.

The shenanigans surrounding @DeepDishEnjoyer aren’t exactly rare. Celebrity persona tokens have become the bread and butter of pump.fun’s carnival-take Caitlyn Jenner’s JENNER token, for instance, which soared to a $20 million market cap before its creator made off like a bandit. The saga tends to follow a predictable path: hype, pump, and then rug. What sets our pal “peepeepoopoo” apart is his audacious mockery of the entire charade while sitting back and enjoying the show from a safe distance.

The chairman, one Tom Lee, a man of such conviction that he would buy snow in winter, hath proclaimed the virtues of relentless acquisition, regardless of the tempestuous whims of the market. “Buy, buy, buy!” he doth cry, as though the very act of purchasing were a panacea for all ills. And so, BitMine, with a treasury now swelling to 4.66 million ETH-a hoard worth a cool $10 billion-stands as a monument to this audacious strategy.

Yet, in the shadows of this grand ballet, the subnets-those unsung heroes where AI models and compute toil-begin to stir. Alas, a tragic comedy unfolds! While the subnets beckon, a vast sea of TAO remains slumbering on Root, as passive as a nobleman at a dull soiree. What a farce! Capital, ever the reluctant suitor, hesitates to join the dance.