Bitcoin’s Ballet: $100K Swan Dive or New High Leap? 🚀

Chart provided by Alphractal

After weeks of bullish bravado, our flagship cryptocurrency—a term so grand it almost warrants a monocle—appears to have nestled itself within the $102,000 – $105,000 consolidation range. Despite the market’s cries of reclaiming its gilded throne (all-time high, naturally), Bitcoin seems to be afflicted with a most unbecoming indecision. Quelle horreur! 😩

Venture Capitalists Still Obsessed with Stablecoins—Crypto’s Unexpected Darling!

Stablecoin

Alas! The U.S. trade war’s tempest has battered nearly all liquid tokens into a muddy puddle, yet our brave VCs—those discerning financiers—are still chasing after the core utility of cryptographic coinage. The market? Ah, yes, it has shrunk somewhat—by $25 billion, to be exact—but the valiant stablecoins stand tall, swelling in size like a pious monk after a feast, now worth $227.1 billion. One might say, even amidst retreat, they advance.