Ah, the death cross. Not exactly the name you’d give to a friendly neighborhood cat, is it? No, it’s more like the unwelcome guest at your financial party who insists on ruining the mood by dragging you into the depths of despair. When the 50 and 200 simple moving averages cross paths on the 3-day chart, history suggests traders start making arrangements for the inevitable crash.
So, Ripple’s been burning some of its stablecoin, and honestly, as an investor, I’m not worried at all. It actually makes sense – it’s just how they manage the supply, like taking coins out of circulation when people redeem them. It’s a normal process, and Ripple is positioning this stablecoin as a well-regulated alternative to the big players like USDT and USDC, so managing the supply this way is a good sign.
Well, well, well. The e-commerce giant Mercado Libre (MELI) is officially pulling the plug on its bright-eyed, bushy-tailed crypto experiment-Mercado Coin. This revolutionary currency, designed to make users feel like they’re part of an exclusive club, lasted a mere four years. Time flies when your token doesn’t exactly take off.
As U.Today reports, Musk, ever the inquisitor, prodded Grok-the chatbot offspring of xAI-about the likelihood of quantum computing cracking Bitcoin by 2030. Grok, with the confidence of a soothsayer, declared the probability less than 1%, citing the collective wisdom of experts. This, of course, was before IBM announced its “Blue Jay” system, a 2,000-qubit behemoth that makes one wonder if Grok’s optimism was merely a digital shrug.
Word on the street-or rather, the announcement-is that this collaboration is all about bringing crypto-enabled payment and treasury services to the big leagues. Convera, with its global payment network, is teaming up with Ripple’s blockchain infrastructure to smooth out the wrinkles in international transfers. Traditional banking systems, slow as molasses in January, are in for a rude awakening. This ain’t your grandpa’s wire transfer.
Still, by now, half of the circulating SHIB supply has been moved out of circulation.
Crypto analyst CW noted on X that XRP holders with long positions are increasingly accumulating the cryptocurrency.
Recent data indicates a significant increase in trading activity on some cryptocurrency platforms. This rise in activity might help Hyperliquid’s price bounce back soon.
Wallets got gored first: 26,846,293 in a single bout, follow‑up phishing claimed 21,408,097. Together these two can say “Nice Job, Spoilers: We’re the Top Two.” DeFi protocols were the biggest sucker-32.8M disappeared, followed by social engineering snipe shooting at 18M.
According to the one-hour TradingView chart, Bitcoin started March 26 feeling fancy above $71,000, only to trip and stumble down to $65,000 by March 27. The RSI? It hit 20, which is financial speak for “I’ve had enough of this nonsense.” A brief recovery to $68,500 by March 30 was followed by another faceplant to $66,000, ending at $66,746-because why not leave everyone guessing?