Cryptonews

In an interview with Phil Rosen, the ever-curious journalist, Green reveals, with a tone almost of exasperation, that “the most important thing to understand is that Bitcoin has marketed itself as multiple different things to try to appeal to investors at various points in time.” Alas, the original dream of Bitcoin has slipped through the cracks like sand through the fingers of a medieval peasant. According to Green, under the sacred Satoshi white paper, BTC was supposed to be “a peer-to-peer payment system” – one that would set us free from the clutches of the banking establishment. “By moving to a distributed ledger and a peer-to-peer system,” Green says, “we’d get banks out of the system!” Oh, how sweet the thought of it all!

The Bitcoin, a tragic hero, clings to the $83,500 level, its resolve tested by the tempest of volatility. It has carved a base, a fleeting sanctuary, and now dares to rise above the $85,500 resistance, as if defying the very laws of economics.

Ethereum, that proud stallion of the crypto stables, has recently stumbled, leaving behind unfilled imbalance zones across timeframes as varied as the moods of a tyrant. From the fleeting 15-minute charts to the ponderous weekly structures, these zones stand as monuments to inefficiency, beckoning liquidity like sirens to a shipwreck. 📉

Ah, Falcon Finance, that audacious avian of the financial skies, has once again spread its wings, embracing the JAAA token from the tokenized asset platform Centrifuge. This token, a mere representation of a diversified portfolio of short-duration, AAA-rated corporate collateralized loan obligations (CLOs), now ascends to the lofty status of collateral for minting the synthetic dollar, USDf. A metamorphosis so sublime, it could only be penned by the hand of fate-or perhaps, a particularly cunning CFO. 🦉📜

Key takeaways:

BitMine’s stock BMNR went on a 20% ride to the moon, while the price of ETH jumped 5% to defend its dear $2.8k support. It’s almost as if the market just can’t help but notice when BitMine does something… interesting. 😏

Ethereum treasuries are back in the spotlight, and no one knows what to make of it.

Selon le célèbre commentateur crypto Anthony Pompliano, ces chutes vertigineuses de 30% ou plus, moult fois déjà sur une décennie (vingt-et-une fois pour être précis), ne sont que la routine du matamore Bitcoin. Ah, quel charme! Ces sauts terrifiants se produisent, tenez-vous bien, toutes les un an et demi, comme une horloge suisse… ou plutôt comme une horloge fêlée, si l’on veut faire dans la poésie pessimiste.

In the annals of decentralized exchanges, affiliate rewards have long been tethered to fixed, ‘VIP’ tier systems-a relic of a bygone era, as cumbersome as a horse-drawn carriage in the age of steam. The original dYdX VIP model, with its reliance on governance proposals to adjust affiliate structures, was a veritable quagmire. Two thorns in its side, if you will:

This venture, not for the faint of heart, is one of the largest corporate Bitcoin-backed financing plays to date. And, oh, how serendipitous that it arrives at the precise moment when Bitcoin trades far beneath Metaplanet’s cost basis. Could they be playing a game of financial chicken with the universe itself? It seems the market has decided to press its thumb firmly on the scales, as their strategy now teeters perilously close to the abyss. ⛓️📉