Some infernal indicator (the Relative Strength Index, if you bother with names) rattles its chains: “Beware, for the exuberant bull market may stumble and spill its coffee early!” Traders, however, remain unswayed, heroically marching toward an imagined rally with the stubbornness of Mikhail Bulgakov’s cat Behemoth.
Of course, it didn’t take long for the crypto sleuths to notice. “Hey Binance, you good?” they tweeted, probably while sipping their third coffee. And lo and behold, Binance finally chimed in, all casual-like: “Oopsie! Futures UM trading is taking a breather. We’re on it, folks. 🚀”
According to Markus Thielen, the founder of 10x Research, due to the present trends in the Bitcoin options market, a short strangle strategy seems fitting for the upcoming month. With Bitcoin trading at approximately $113,000 and an estimated price range between $95,000 and $125,000, selling an out-of-the-money put option for September expiration close to $95,000, alongside an out-of-the-money call option for September expiration near $125,000, presents a chance to collect premium.
Apparently, everyone’s holding their breath to see if the latest pronouncements from Nvidia (a company that makes things that make other things go faster, mostly) will cause the whole house of cards to wobble. Because, naturally, everything is connected. 🙄
HONG KONG – CZ, speaking at BTC Asia, likened the convergence of equity markets and crypto to a grand cosmic ballet. Or maybe he didn’t say that exactly, but let’s imagine he did for dramatic effect. Public companies holding bitcoin on their balance sheets? Revolutionary! Or so says CZ, who sees this as a breakthrough moment akin to humanity discovering fire-except this time, it’s slightly less likely to burn your hands. 🔥📚
Though blessed with a youthful vigor unmatched elsewhere-with a staggering 60% of its population under the age of 25-Africa finds itself in dire straits when it comes to securing its share of Web3 investments. Enter the Hashgraph Association (THA), whose mission, one might say, is as noble as it is ambitious. Their recently unveiled hackathon purports to construct a blockchain infrastructure so robust that even the most skeptical of crypto cynics might raise an eyebrow-or perhaps even a glass-in approval. Cheers to that! 🥂🔗
As if inspired by the Lubbock sisters, Polymarket joined the fray with its own interpretation of the bet, placing the whimsical conclusion at 43% by December 2025. 🎩🍾 Is it not the very essence of comedy, justice, and role of fate?
Apparently, all your trades and holdings stay snug in your Beanstox account, which is great news for anyone who’d rather not lose their crypto in a digital black hole. 🕳️ Clarity? Check. Ease of use? Double check. Expertise? Nah, who needs that when you’ve got Mr. Wonderful holding your hand?
This tale was spun, much like the whispers of John Steinbeck himself, with shades of hard-earned gold and the coy, gusty laugh of the invisible hand of the market. Upon the stage, SHIB’s 50-day moving average waltzed gracefully above its 200-day partner, creating what some folks are calling the first golden cross of the year, 2025.
It is written that these 115 entities, comprising builders, investors, and advocates, have implored the Senate Committee on Banking and the Committee on Agriculture to delineate clear boundaries, lest they abandon the market structure legislation like a ship adrift without a compass. Without explicit protections, they warn, the tide of progress shall recede, and the developers shall seek solace elsewhere. 🌊