This news comes as Kraken has been making significant changes. They recently completed an $800 million funding round and, on November 19th, quietly submitted paperwork to become a publicly traded company.
So, guess what? Blackrock just registered a new Delaware statutory trust called the Ishares Staked Ethereum Trust. It’s their first step in launching a staking-focused Ethereum fund. Because why just invest in Ethereum when you can also earn rewards by… staking it? Genius, right?
Oh, the audacity! In the year of our Lord 2025, the Aztec network, that most enigmatic of creatures, has launched its mainnet-though not without a few… quirks. Behold, the “Ignition” mainnet, a chain that generates blocks like a clockwork marvel, yet lacks the smart contract execution layer, as if the architects were merely testing the waters with a feather duster. 🤯
Tether, the mastermind behind the world’s most prodigious stablecoin, USDT, has announced with no small degree of pomp that it has invested in Parfin, a Latin American establishment devoted to crafting digital asset infrastructure for the more discerning institution. 🏦
The 4-hour chart, that most tedious of timeframes, reveals a bullish divergence so subtle it could be mistaken for a yawn. Lower lows in price, higher lows in RSI-how thrilling! Analyst Chad, ever the optimist, claims this follows an extended stretch of weakness that sent the token tumbling from $0.15 to $0.13. One must commend the RSI for outpacing the price in its descent, proving even downtrends have their own momentum. 📉✨
Bitcoin staking, once as impossible as a Coward play without wit, is now a reality. Thanks to some dazzling innovations, over $5.8B+ in native BTC is being staked and earning yield. Bravo! 👏
Bitcoin, that elusive specter, now priced at $91,718.83, as if it were a rare orchid in a frosty greenhouse. It has bounced above $93K, gaining 4%-a triumph for the tech sector, which seems to have more resilience than a Russian matryoshka doll. Ethereum, meanwhile, is as steady as a drunkard’s handshake, while most altcoins flash red, like a warning light on a spaceship heading into a black hole. 🚀💥
On the grand stage of the daily timeframe, ETH clings to the $3,000 support like a jester to his last joke. Having fallen from the $3,500 supply zone, it now wallows beneath the 100-day and 200-day moving averages, a sure sign of bearish tyranny. Momentum, once a gallant knight, now crawls like a snail, with RSI at 32, flirting with oversold territory. Should buyers falter, $2,600 awaits, followed by the abyss of $2,100. Yet, reclaiming $3,500 would be a triumph-but who dares dream without volume’s mighty roar? 🎭
The burn rate of SHIB has skyrocketed by a jaw-dropping 2,000,000%-yes, you read that right, two million percent! 🚀🚀🚀 According to the ever-watchful Shibburn, the X account that keeps tabs on the Shiba Inu team’s fiery antics, over 2.2 million tokens have been sent to the great null address in the sky. Poof! Gone, like your New Year’s resolutions. 🎆
Ethereum, ever the dramatic one, took a nosedive that would make a Hollywood screenwriter weep, dropping below $3,000 before bouncing back like a trampoline made of optimism. BNB wobbled near $900, while ZEC and ATOM decided to ignore the chaos and rocket into the stratosphere like they’re in a sci-fi film. Just to be clear, this isn’t a metaphor. It’s a literal dumpster fire with a side of glitter.
