The leading digital asset, our dear BTC, has been on a downward spiral more tragic than a Shakespearean hero. A 10% plunge in a week? Why, yes! And on November 4th, it dipped to $99,000, a price so pitiful it could make a goldfish weep. But if you’re curious about the melodrama behind this crash, do peruse our dedicated article-it’s thrilling stuff. 🎭
Technical analysis, that alchemy of lines and dots, reveals XLM prodding support at $0.256 before leaping through resistance at $0.281 like a frog on espresso. The chart now hums with bullish energy, though seasoned observers will note the next target at $0.285 is a mere pebble’s throw away. Meanwhile, the downside anchors at $0.276 and $0.270 offer short-term solace-or a trap for the unwary. 🎩
In a world where crypto platforms vanish faster than my patience for crypto bros, BTCC clings to life like a drunkard to a last drink. Founded in 2011, it’s a dinosaur in a land of fleeting trends, surviving bear markets and meme coin frenzies with the grace of a well-practiced con artist. 🦕
The move follows a quickening cadence of XRP ETF edits. On October 31, Bitwise filed another amendment to its S-1-its fourth since the initial 2024 submission-an update observers characterized as one of the last steps before potential effectiveness, with details such as the intended listing venue and a stated management fee included in reporting around the filing.
Monday’s plunge saw Bitcoin execute a dramatic pratfall, landing at $101,000 with all the grace of a debutante tripping over her own hem. The crypto world, ever resilient, promptly declared it a “recovery.” A masterclass in optimism, or perhaps denial?
ETH price dropped to its yearly open at $3,330 on Tuesday, wiping out more than $484.5 million on long ETH leveraged positions. 🤭
Sorry to burst your bubble, but nope. The BitLicense is still sticking around, and Mamdani’s stance seems to say, “Let’s play it safe, folks.” No wild west here, just solid, boring compliance. Yawn.
So, what’s going on with Bitcoin? Well, it’s been under pressure for the past month, constantly losing a bit of steam. As of right now, it’s sitting pretty at around $102,000, down 1.37% today. So not great news for anyone hoping for a nice spike.
pulled back from its rally above $6.50, to trade just below $5 throughout the European morning on Wednesday, nearly 25% below Tuesday’s peak. 💸
Yet, amidst this chaos, a revelation: the mighty whales, those enormous, not-so-sleepy giants of the deep, have taken a shine to Aster. With wallets bulging with between 10 million and 100 million ASTER, they’ve accumulated more than 154 million tokens-worth about $155 million-like a collector hoarding rare art. Because, naturally, what could be more therapeutic than tossing around hundreds of millions of dollars to boost a digital dolphin? 🐋💸
