In the grand theater of cryptocurrency, where fortunes rise and fall like the tides, many traders are clutching their pearls, fearing another plunge. After all, this memecoin has already taken a nosedive of 90% from its all-time high, leaving behind a trail of bewildered investors.
According to the dynamic duo, the retreat from crypto-specific enforcement has blurred the once-clear boundary between the speculative world of digital assets and the noble, government-regulated banks. With token platforms and lenders strutting into the traditional financial sector like they own the place, they warn of a system so fragile that even a sneeze could topple it. A recipe for disaster, if you ask them. 💥
On this fine Thursday, April 18, our dear Scott Melker, affectionately known as The Wolf Of All Streets (because why not?), pointed out that Bitcoin (BTC) has closed above the 50-day simple moving average with a candle so strong it could light up a dark alley. While the price took a little tumble to $84,349, it still clings to the 50-day SMA level of $84,202 like a cat to a warm lap.
Our intrepid founder, Kain Warwick, took to X (formerly known as Twitter, because why not?) to announce this pool, which promises to shower participants with a whopping 5 million SNX tokens over the next 12 months. That’s right, folks! It’s like a lottery, but instead of winning a car, you might just win a slightly less disappointing stablecoin. 🎉
Solana (SOL) has sashayed forth with a respectable 11% weekly ascent, though it modestly stumbled by 1% in the last 24 hours—because even stars have off days. Leading the crypto aristocracy by market cap gains, SOL still lurks 29% beneath its New Year’s Eve ball drop value. The catalyst? None other than the debutante ball of SOL-themed ETFs on Canada’s TSX, where the maple syrup flows and regulators occasionally nod with approval.