Remember that 90-day pause on tariffs? Yeah, that caused a brief but glorious rally in the crypto world, with ETH surging over 20%. But just when everyone started popping champagne, the U.S. CPI report came along like a party pooper on April 10, 2025, and wiped out all those gains. Thanks, inflation. 🙄
Our hearty analyst friend, Bluntz, has had his say, bless his soul, opining that this bouncy recovery might not be just a fleeting flirtation. He believes our dear Solana’s previous three-month belly flop could well mimic this current upward jig. Now, if he’s got his crystal ball right, SOL might just be strapping on its boots for a grand ol’ climb back up the mountain of profitability. One can only hope it doesn’t trip over its own feet in the process! 😄
Short term? Crypto’s gonna take a nap for three to five months while TradFi figures out how to adult. But after that? Bitcoin’s gonna strut across borders like it’s on a global catwalk, leaving trade organizations and legacy banks in the dust. 💃
From the lofty realms of Bitcoin and Ethereum to the vibrant landscapes of Cardano, XRP, Solana, Binance Smart Chain, Avalanche, and Polygon, a parade of networks joined forces, almost like a tech version of the United Nations, minus the suits and ties. Who knew blockchains could throw such a gala?
In the fateful month of February 2025, Bybit’s Ethereum cold wallet was breached, and oh, what a calamity it was! Hackers, those dastardly rogues, made off with a staggering $1.4 billion in digital assets, including staked Ether (stETH) and Mantle Staked ETH (mETH). One can only picture the hackers, cackling maniacally as they filled their digital satchels! 💰