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Infinte Tsukuyomi
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Infinte Tsukuyomi
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#CryptoIntegration Google has clarified its Play Store policy after facing backlash from cryptocurrency developers. The initial policy banned crypto wallets in the US and EU without federal licenses without any distinction between custodial and non-custodial wallets. The incident highlights the growing pains of integrating decentralized technologies into mainstream app ecosystems. The company's responsiveness to developer feedback demonstrates how Web2 platforms are adapting to accommodate the unique aspects of blockchain technology while balancing innovation.
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#BullishIPO The debut of Bullish, the cryptocurrency exchange backed by billionaire Peter Thiel, has taken Wall Street by storm. Listing on the New York Stock Exchange (NYSE), Bullish’s shares surged more than 150% above their IPO price on the first day of trading—an impressive sign of investor confidence in crypto-native businesses entering traditional capital markets.
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#CreatorPad The cryptocurrency market is showing signs of fragility after $1 billion in liquidations were triggered by an unexpected rise in the Producer Price Index (PPI). Bitcoin briefly dipped below $112,000 as traders adjusted positions, while Ethereum ETFs saw strong inflows of $729 million despite the market turbulence. The market's sensitivity to macroeconomic indicators highlights the growing correlation between crypto and traditional markets.
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#MarketTurbulence The cryptocurrency market is showing signs of fragility after $1 billion in liquidations were triggered by an unexpected rise in the Producer Price Index (PPI). Bitcoin briefly dipped below $112,000 as traders adjusted positions, while Ethereum ETFs saw strong inflows of $729 million despite the market turbulence. The market's sensitivity to macroeconomic indicators highlights the growing correlation between crypto and traditional markets.
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#ETHRally - *Recent Price Action*: Ethereum's price has seen significant movement, with a current price of $4,630.07 as of August 12, 2025, representing a 7.85% increase. - *Support and Resistance*: Ethereum holds strong support near $2.7K-$2.76K with 2.1 million ETH accumulated in this range. A breakout above $2,800 could lead to a move toward $3,000 and possibly higher. - *Institutional Interest*: Recent treasury purchases by companies like SharpLink Gaming and large withdrawals by market makers like Cumberland could trigger a rally toward $3K. - *Network Activity*: Ethereum's network activity is growing, with active addresses hitting an all-time high of 17.4 million in June, and futures open interest topping $41 billion ¹ ² ³.
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