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GM. There's no need to zest your brain for news - today’s top crypto squeezes are served up and chilled.
Here's a taste of what's on tap:
🍍 Bitcoin's price spike;
🤝 Bitmine x Ethereum
🍋 PwC expands crypto services, wrench attacks on rise + more
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BTC checked the news and decided today was a good day to act unhinged.
Here's what happened: over the weekend, the US captured Venezuela's Nicolás Maduro. When something geopolitical breaks like that, the first reaction is usually uncertainty.
Gold jumped about 2.2% to roughly $4,424/oz as traders reached for safety.
In the meantime, crypto took all of that in, hesitated for a moment... and then also moved higher: Bitcoin pushed into the $93K area.
Now, a lot of traders had leaned short because they expected geopolitical stress to push crypto down. Instead, BTC climbed, so the market forced those bets out.
Around $200M in shorts got liquidated, and the vibe switched from "uncertain headline" trading to "momentum is back" trading.
Then, secondary narratives followed.
Traders began talking about Venezuelan state assets, sanctions enforcement, and whether any Bitcoin tied to government-linked wallets or past seizure cases could eventually come into play.
Nothing confirmed, nothing on-chain yet - but in crypto, these narratives don't need proof on day one.
They just need to be directional while price is already moving and liquidity is thin.
So, what matters next? We gotta see whether BTC can hold the $91K - $93K range without leverage cracking, and whether this headline stays quiet long enough for price to build on its own.
The market's confident right now, but it knows the truth: this rally started with news, and news can change fast.
🤝 Bitmine x Ethereum |
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Let's talk about one of those crypto stories that sounds boring at first... and then rewires how you think about where all this is going.
A publicly traded company called Bitmine Immersion Technologies told the world it now holds more than 4M Ethereum tokens.
To put that in human terms: this isn't a retail investor with a Ledger and a dream. This is a company that's structured its balance sheet - the financial backbone of the business - around Ethereum.
Now, instead of letting that Ethereum just sit there, a significant portion is being staked.
(Which means it's locked into the Ethereum network to help keep the system running - and in return, Bitmine earns more ETH over time.)
And this matters because it tells us how institutions are starting to use crypto.
For years, most big players either traded crypto, mined it, or held it.
Bitmine, on the other hand, is treating Ethereum like a productive asset: something that can secure a network, generate ongoing returns, and serve as a foundation for future services.
They're even building staking infrastructure that others could eventually use.
Translation: Ethereum is becoming a financial utility that companies can rely on.
Of course, this isn't risk-free. Ethereum's rules can change, regulations can shift, and crypto still has mood swings.
But that's exactly why this story is interesting: Bitmine isn’t ignoring those risks; it's betting that the usefulness of Ethereum outweighs them.
And once enough companies start thinking that way, crypto stops feeling experimental... and starts feeling inevitable.
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Now you're in the know. But think about your friends - they probably have no idea. I wonder who could fix that... 😃🫵
Spread the word and be the hero you know you are!
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