Cryptonews

“Provide clear rules of the road, strengthen consumer protections, and keep dodgy actors out of the market.”

Now, this M2 business is like tryin’ to explain calculus to a mule-most folks ain’t buyin’ it. But MoneyLord’s stickin’ to his guns, sayin’ it’s the key to Bitcoin’s next big hoedown. He’s predictin’ a price surge so big, it’ll make your eyeballs pop out like a frog in a frying pan. 🍳 According to him, the recent disconnect between Bitcoin and M2 ain’t no failure-it’s just the market throwin’ a hissy fit, what with all the financial shenanigans goin’ on. 🤡

According to the sagacious Axel Adler, the on-chain data reveals a tale of woe, not merely confined to the price but echoing through the very soul of the market. The STH SOPR and P/L Block, those harbingers of despair, whisper of losses realized and sentiments eroded, as if the very fabric of confidence has been torn asunder.

At present, our once-mighty Ripple (XRP) token finds itself trading at a mere $1.9725, down by an almost comical 46% from its peak earlier this year. One can’t help but chuckle at the folly of fortune! The market capitalization has plummeted to a humble $119 billion, while the 24-hour volume flutters around a staggering $2.1 billion-oh, how the mighty have fallen.

So, Jesse Pollak, the co-founder of Base, decided to spice up his feed by shouting out Soulja Boy’s latest crypto venture. Because nothing says “trustworthy blockchain platform” like a rapper with a history of meme coins that crash harder than my New Year’s resolutions. 🥂💥 In a now-infamous X post, Pollak gushed about Soulja Boy “backing” him on Base, calling it “new internet shit.” Yes, Jesse, it’s definitely shit. 💩

Key Takeaways, or Whatever

After about three years, Do Kwon is still caught in the web of the TerraUSD and Luna crash that led to an estimated $40 billion in investor losses. 💸 This time around, there are talks about a possible trial and jail sentence in Korea. If he is extradited to Korea, the 34-year-old national may not be able to avoid this trial. 🤷‍♂️

As the price of Bitcoin wavered like a timid dancer, one particular metric emerged from the shadows, casting a curious light upon the proceedings: the BTC Wholecoiner Inflows on Binance. This statistic, once a beacon of bullish sentiment, now tells a tale more akin to that of a tragic comedy-an unfolding drama on the grand stage of the world’s largest cryptocurrency exchange.

Ladies and gentlemen, gather ’round! Let’s talk about blockchain in 2025-because nothing says “I’m relevant” like sounding smarter than everyone else in a room full of cryptographers and confused executives. 🎩✨ The blockchain sector is no longer in the “crypto bros with tinfoil hats” stage. By 2025, companies are finally admitting, “Okay, maybe this isn’t just a Bitcoin ponzi scheme after all.” But is it worth it? Let’s break it down like we’re explaining TikTok dances to our grandmas. 🤷♀️

The crypto Fear and Greed Index, that wretched barometer of collective hysteria, wallows once more in the Slough of Despond. Extreme Fear, they call it-a state so dire one expects to hear the distant wails of Cassandra. The masses, ever the Cassandra themselves, predict a further plunge, a descent into the abyss that would see Bitcoin’s price tumble to the $74,000 to $69,000 range. Ah, the sweet nostalgia of the last bull market’s peak! 🌋