Liquidity? Thinner than a supermodel’s patience during the holidays. Traders? More cautious than a cat near a vacuum cleaner. Everyone’s waiting for a sign, a catalyst, a freaking neon arrow pointing to “BUY” or “SELL,” but so far, it’s all crickets and eggnog. 🥃
On-chain whispers? Gloomy. Derivatives data? Even gloomier. It’s like the financial version of a rainy British picnic – soggy sandwiches, grumpy aunts, and absolutely no sunshine in sight ☔.
VCs, of course, are more than happy to do this, as they get a chunk of the long-term payoff – if there ever is one, of course. Most startups fail, and the business is highly predicated on unicorns to drive venture funds. Because nothing says ‘I’m a visionary’ like betting on a unicorn that might just be a donkey in disguise. 🦄🐴
Like a determined squirrel hoarding acorns for winter, Bitwise dropped a Form S-1 filing on Thursday, officially registering the “Bitwise Sui ETF” with the SEC. One small step for Bitwise, one giant leap for… well, probably just Bitwise.
We had a most felicitous conference with Chairs Tim Scott and John Boozman, who confirm that a markup for Clarity cometh in January. By their leadership, as well as Rep. French Hill and Rep. GT in the House, we are nearer than ever to passing the landmark crypto…
Experts from SynFutures, Brickken, and Cake Wallet said that stablecoins, privacy, tokenized assets, and applied AI shaped adoption through genuine demand rather than speculation. 🧾
Bitwise, the crypto index fund manager with more ideas than a room full of caffeinated developers, has tossed another hat into the ring. This time, it’s a Sui-based ETF, because apparently, Bitcoin and Ethereum weren’t enough to keep them busy. 🌪️
At the moment, SUI dances at $1.42, a 5-6% dip in the last 24 hours, yet clings to a rising trendline drawn since its birth. One might call it a “long-term relationship,” though neither party seems entirely committed. 🕊️
Volume didn’t just surge; it did a full-blown circus act, jumping 35% above its usual sleepy 30-day average, all thanks to CoinDesk’s fancy technical analysis model.
That’s right! The world is turning upside down, or at least giving your boring old finance world a good shake. Now, instead of trusting banks or fat-cat brokers, folks are trading stocks straight from their chat window. Talk about killing two birds with one stone-messaging and money, all in one place. Who knew chat apps would become the new fancy trading floors? 🤪
