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The altcoins, a troupe of disheveled actors, shuffled through the week in muted tones, save for Monero (XMR). This rogue, with the audacity of a street urchin, pirouetted upward by 17%, nearly brushing $600. One might say it danced on the graves of Zcash’s misfortunes, or perhaps it simply found a new hat to wear.
In what can only be described as a most dramatic turn of events, Coinbase, that titan of cryptocurrency exchanges in our fair United States, is exerting considerable pressure upon lawmakers residing in Washington. A crucial element of the proposed CLARITY Act threatens to curtail the manner in which stablecoin rewards are bestowed, thereby igniting a lively discourse between the crypto realm and the staid banking sector.
Breaking free from the shackles of the $1.40 mark, RENDER soared-yes, soared!-over 30% in a mere week. The $2 resistance, once a formidable foe, has been conquered and now serves as a cushion of support. The key EMAs, once gloomy, now gleam with bullish fervor. 📈
The week ahead promises a symphony of economic chaos: inflation reports, Fed whispers, and President Trump’s latest attempt to cap credit card rates. A veritable feast for the financially anxious. 🍽️
In a spirited discourse with the esteemed David Solomon of Goldman Sachs – a gathering of modern financial wizards, if you will – Master Armstrong, chief of the largest crypto emporium in these United States (by measure of trading, mind you!), did liken the prospective rise of these tokenized shares to that of those same stablecoins. A bold comparison, indeed!
‘Investigation’ into Powell’s ‘Misdeeds’ – Because Who Needs Evidence? 🕵️♂️
Indeed, the distinguished Mr. Zhao’s prophetic musings align with the exuberant redesign of America’s fintech rules. It appears that the government has gracefully abandoned its stern enforcement ball and gown for a more debonair attire of deregulation. Ah, to witness such tonal shifts is to relish the artistry of legislative matchmaking!
From the daily chart, our dear Bitcoin is trying to shake off a recent slump, bouncing like a V between $84,398 and $94,792. Now, it’s hovering around $90,500, with candles so small they’re practically whispering, “Meh.” 🥱 Support? Oh, it’s cozy between $84,500 and $85,000. Resistance? A cool $94,500 to $95,000. Bulls? Still nursing their weekend hangover. 🍻
Lo and behold! The Pi Network has bestowed upon us mere mortals a library designed to hasten the integration of Pi payments. Just imagine, dear reader, developers can now weave Pi payments into their applications in a mere ten minutes-if only life’s other complexities could also be resolved so swiftly. This update comes as part of Pi Network’s grand scheme to usher in real-world utility, a noble pursuit indeed!
Ripple’s beloved token? Oh, it soared like a fiery comet-up nearly 30% in less than a week! From a humble $1.90 to a glorious $2.41, driven by ETF inflows and folks hurriedly ditching their tokens on exchanges, as if the sky itself was falling. 🚀💸