Scandalous Fortunes: Bitcoin Rockets Past $112K—Shall It Dance to $130K Next?

It was precisely at 18:00 GMT upon a Wednesday, a time when nothing delightful ever happens, that the coin broke its shackles. The advance—a genteel 2.68%, nearly $3,000—allowed the buoyant bulls to propel themselves over the last all-time high. A new summit, dearest reader! What an embarrassment of riches for the so-called king of cryptocurrencies. If only Lady Catherine might have lived to see the day—she would have declared it most improper. 👑

Crypto Chaos: XRP, Ethereum, and Bitcoin’s Wild Ride

XRP is trading at $2.42, holding above key support at $2.34, with traders targeting a move to $2.65 — the upper limit of a range held since December 2024. Analysts cite bullish patterns like a symmetrical triangle and bull flag, supported by whale accumulation and rising open interest. A breakout could send XRP toward $4–$6. Meanwhile, Ripple’s RLUSD stablecoin has surpassed $500M market cap, boosting sentiment and adoption across major platforms. 🐳💰

Monad Gobbles Up Portal Labs 🤑

The news, like a clarion call, was announced to the world via a press release on Business Wire, on the ninth day of July. Portal, that ingenious provider of embedded stablecoin payment tools, shall become a wholly owned subsidiary of the Monad Foundation. This acquisition, akin to a master key, unlocks the doors to Portal’s payment rails and stablecoin settlement infrastructure, which, like a mighty river, powers millions of dollars in daily onchain volume.

Bitcoin Breaks Through the Roof: Is $120,000 Next?

Despite fears of market crashes, wars, and negative news, data from charts, on-chain activity, and macroeconomic trends have pointed to a continued uptrend. Many have been expecting this breakout for months, and Bitcoin’s next major target could be around $120,000. 🤑