Adam Back Has Had Enough: Why Altcoin Holders Are Now Chasing Bitcoin’s Monocled Elegance
He publicly declared that the old “alt season” shindig has been usurped by “treasury season.” Old money in new trousers, really.
He publicly declared that the old “alt season” shindig has been usurped by “treasury season.” Old money in new trousers, really.
All this artistry was abruptly interrupted on June 24. The Shin Bet and police rained down upon Or’s abode, not exactly looking for Tolstoy manuscripts but for suspicious laptops and chat logs. Out went his computer, along with anything fit for a modern thriller. They seized the digital evidence, perhaps even his backup hard drive containing a great untitled novel about espionage and unrequited love (one can hope).
Behold! As the plebes cheered at the $2,120 support stage, Ethereum sashayed forth—as if in rivalry with the most fashionable Bitcoin, clearing both the $2,200 and $2,250 velvet ropes. The positive zone—tres chic!
According to Cathiesark.com (for people who track Cathie Wood like she’s the Easter Bunny of Wall Street), ARK yeeted $238.2 million of CRCL between June 16th and June 20th. That’s not even a week’s worth of office drama.
Announced June 23 (write it on your hand with a sharpie so you don’t forget), Plume declared in their big official blog post that Agora, founded by Nick van Eck—who, contrary to rumor, was NOT the model for the Monopoly Man—brings “institutional-grade” stablecoin chops to their platform. If you mumble ‘institutional-grade’ three times, a guy from Wall Street actually appears behind you and asks for your wallet.