Crypto News

Yes, you heard it right! The Bank of Ghana is striding into the future with all the gusto of a cowboy riding into town after a long cattle drive. Governor Asiama has proclaimed that cryptocurrency trading across the country is now as legal as apple pie. And who doesn’t like apple pie? 🍏🥧 This exciting new legislation creates a comprehensive regulatory framework, which is a fancy way of saying they’re trying to keep everything above board in this wild, wild digital frontier.

Ethereum started climbing above $2,880, just like Bitcoin. Copycat. 📈 ETH managed to surpass $2,920 and $2,950, entering what people call a “positive zone.” Sounds optimistic.

This “cost basis” is but the price when a coin last changed hands, as if Bitcoin’s worth is determined by the whims of its most recent owner-a logic as sound as a jester’s hat. The Realized Cap, once a sprightly youth, now strolls with the vigor of a snail at a funeral. Capital inflows? Gone. Sentiment? A ghost. One might think the market’s heart has been stolen by a mischievous cryptocurrency gremlin. 🦄

Meanwhile, Bitcoin’s 5% crescendo from Friday’s $85.5k to Monday’s $89.7k has not managed to mount a rescue for those bullish guardians of the memecoin. 🦊💸

Ethereum, like a resolute soldier braving the cold, persists in printing higher lows whilst in decline. Each retreat is ever so stoic, less harsh than the last; a testament to sellers’ waning vigor. It heralds not aggressive procurement but the steady stance of an unyielding defender. Each foray of optimism earlier and ever weaker, tightening the range around the beleaguered coin like the walls of a sinking city.

Lo! The first of these is a sanctuary for the elite of the digital realm, where institutional-grade crypto storage and services such as settlement and yield products shall be offered. A grand spectacle, indeed, as Jiuzi seeks to carve its name into the annals of crypto history. 🏛️

Coinglass, that grim reaper of data, declares Bitcoin’s quarterly returns a funeral march. Almost 22% down-a number that echoes through the crypt of 2018. Once, the fourth quarter was a time of resurrection, a season of gains and bullish roars. In 2023, it soared 57%; in 2024, nearly 48%. But now? The pattern is shattered, like a mirror reflecting only loss. 🪞

According to the IMF, El Salvador’s economy has been expanding at a faster pace than expected. The international bank stated that record remittances, improved investors’ confidence, and buoyant investments will help the country achieve a 4% real GDP growth in 2025. 📈📈

Behold, the key levels! The white diagonal line, that cruel architect of fate, slopes downward from the October highs, a shadow that looms over the price like a specter. The white arrows, those harbingers of rejection, point to moments when the price dared to rise, only to be cast down by the ceiling of despair. A testament to the trendline’s tyranny, indeed.

But hold your horses! The team has made it crystal clear that team members and contractors are totally banned from playing the leverage game on HYPE. Break those rules, and you’re out faster than you can say “market correction”! 🚪💨