Right now, XRP is flirting with the $2.60-$2.70 range like a nervous teenager asking someone to prom. This zone has historically been where optimism meets reality-kind of like when you promise yourself you’ll start jogging tomorrow. If it somehow manages to break through $2.70 without collapsing in exhaustion, the next stop is $2.87. Beyond that? A lofty $3.10, which is basically crypto’s version of Everest-rarely reached, often fatal.
According to local media outlet Iran International (aka the Iranian gossip column), Ayandeh Bank waved the white flag 🏳️ on Thursday after racking up $5.1 billion in losses and $3 billion in debt. 💸💸💸 The Central Bank of Iran tried to play hero 🦸♂️ but failed miserably, leaving officials with no choice but to shut down its 270 branches nationwide. 📉
But fear not, dear reader, for the week ahead promises more intrigue than a Turgenev novel. The APEC summit in Korea looms like a grand ball, where diplomats and economists shall pirouette and spar. 🌏🎭
Behold, the Polymarket wagerers, those merry makers of markets, have spoken! The shutdown, they say, shall linger like a stubborn guest at a dull party, stretching its legs until late November. As of Oct. 26, the decentralized oracle of odds, titled “When will the Government shutdown end?,” hath attracted nearly $2.92 million in coin of the realm. Nov. 16 or later, they proclaim, holds a commanding 49% probability-a veritable mountain of certainty in this sea of uncertainty. 🌊
PancakeSwap [CAKE], Story [IP], and Mantle [MNT] took the unfortunate spot of losers this time around.
Binance Coin (BNB) has decided it’s tired of gravity and has leaped 2% in the last 24 hours. 🪙✨ On the daily chart, it’s climbing like a hitchhiker trying to flag down a passing spaceship. Traders, keep your eyes on the $1,160 interim zone-if it breaks out, it might just test the $1,200 mark. Because, you know, why not? BNB is currently chilling at $1,131, probably sipping a Pan Galactic Gargle Blaster. 🍸
The online payments system saw a 10,780% increase in transaction activity compared to levels from four weeks earlier. I’m not sure if this is progress or a warning sign, but either way, I’m buying a lottery ticket. 🎉
Though Gilbertie owns the title of “XRP enthusiast,” he couches the opportunity in investing in blockchain companies as the real bonanza, much like the adventurous spirit of the dot-com era. When queried about the looming crypto ETF boom, he replied with the certainty of a man convinced tomorrow’s weather would indeed feature sunshine. 🌞
Intelligence, gleaned from the oracles at Arkham, reveals this resourceful fellow – known only as “0xc2a” – did lay his wagers just before the market decided to recall its senses. And lo, Bitcoin and Ethereum did, in fact, ascend, gaining a modest 4% and 2% respectively. A stroke of luck? Perhaps. Or, as I suspect, a delightful case of knowing which way the wind blows.💨
Through the winding avenues of the illustrious TBPN podcast, Armstrong spun a yarn about this noble aspiration. Picture this-if your wildest startup dreams could take shape onchain, he mused. Envision incorporation, seed round-raising, and dazzlingly instantaneous capital flowing in USDC-a utopian startup lifecycle without so much as a quibble with pesky banks or lawyers!
