Crypto News

Turns out, Fortress, or should I say Elemental Financial Technologies-because nothing says “reliable” like a name change-was basically playing financial hide-and-seek with client assets. They didn’t just forget to balance their checkbooks; they forgot where they even put them. According to Bloomberg, they owe customers money they don’t have, and trying to withdraw your cash from Fortress right now? Think of it like asking a magician to pull a rabbit out of a hat, only to get an empty silk scarf instead.

According to the scribes at crypto.news, Hyperliquid (HYPE) traded at $40 on the morn of October 24th, Asian time, up 8.1% in 24 hours and nearly 19% from its recent nadir. Yet, zoom out, dear reader, and you’ll find it still wallows 33.6% below its year-to-date peak. Alas, the heights of glory are but a distant memory! 🏔️

After months of steadfast ascent to dizzying heights, Bitcoin’s vigor has waned, trading at a modest $111,000 on a Friday afternoon in Hong Kong-a mere 2% increase over the past week, as dutifully recorded by CoinDesk. 📉

The market, those discerning arbiters of value, appear to be giving Bitcoin a small breathing space around $103,000 – $104,000. Yesterday, October 24th, 2025, it managed a modest upward twitch, reaching $109,474, a 1.8% gain, one presumes, celebrated with much glee by those who bought high and hoped for higher. This followed a rather more assertive 13% fall from that dizzying peak, a fall perhaps unnoticed by those who are already counting their hypothetical gains. 🙄

Shiba Inu and Dogecoin, those fleeting emblems of internet whimsy, are currently engaged in a rather pedestrian dance with destiny. Their daily charts reveal triangular formations, those geometric portents that technicians adore. A breakout-or a breakdown, naturally-awaits; the remaining weeks of Q4 hang poised, quivering, like a frightened hummingbird before a storm. The overall sentiment within the altcoin realm is, to put it charitably, murky.

Crypto analyst MarketMaestro has been keeping a close eye on ETH and notes that the asset recently got rejected at its neckline resistance 🤦\u200d♂️. But don\’t worry, it\’s now in a crucial retest phase at a red diagonal resistance line that it had previously surpassed 🔴. If ETH can hold this diagonal, it\’ll avoid losing the bullish momentum it built up earlier 💪.

For the cryptocurrency aficionados among us, these clever AI agents promise to snatch opportunities from the jaws of indecision, helping you trade, manage wallets, and dance with blockchain applications like a drunken bear at a balalaika concert! 🐻🎶

Evernorth’s upcoming Nasdaq listing through a merger with Armada Acquisition Corp. II is supposedly gonna raise over $1 billion. But (oh yes, there’s a “but”) some folks are wondering how much of that cash will actually go toward buying XRP on the open market, versus being, well, gifted in-kind. I mean, who doesn’t love a little freebie? 💸

Bulls are acting like they’ve run out of coffee-exhausted and slumping. If they want to save face, they’d better defend the $1-$1.2 zone like it’s their last slice of pizza. And if they can’t even hit $1.83, well… enjoy your bearish vibes. 🚨

One reason to contemplate ringing the golden bell (yes, literally like a gilded dinner bell for crypto millionaires) is that if gold is a play on US fiscal dominance, one could argue the party’s already crashed. The chart below shows US M2 against the above-ground value of gold plus Bitcoin’s market value. During times of monetary…