Oh, what a tale of grimy streets and digital gold! 🌍💰 The mighty Ripple, that sleek serpent of the financial world, has clawed its way into Singapore’s iron grip, earning the Monetary Authority’s begrudging nod. 🧱⚖️ With a license as shiny as a new coin, Ripple now struts its stuff, offering cross-border transfers that dance … Read more
Dear readers, the People’s Republic of China has once again declared war on digital gold, vowing to intensify its crusade against crypto speculators. One might call it a “Great Firewall of Finance,” but with fewer dragons and more regulators. 🛡️🐉
The director of business development for BlackRock in Brazil, Cristiano Castro, declared Bitcoin ETFs are now the company’s largest revenue source. This finding, he said, proved “a big surprise” for the company. If only they’d checked the dictionary definition of “optimism.” ETF stands for Exchange Traded Fund-basically a stock that’s also not a stock, like a pretzel that’s secretly a salad 🥗.
Analysts point to parallels with 2019, when the last QT pause coincided with a major bottom in altcoins and a surge in Bitcoin. With liquidity returning and interest rates already cut to 3.75-4.00%, crypto markets are bracing for a potentially bullish shift. 🧠💸
By Shayan
October’s tempest swept away a trillion dollars, leaving Bitcoin’s price in ruins, a ghost of its former self. The liquidations, like wolves in the night, devoured the weak, and the market, once a bustling bazaar, now stood as a graveyard of dreams.
October, you see, was… unpleasant. A crash, they call it, though I suspect “violent readjustment” might be more accurate. Billions simply evaporated, disappearing into the ether like a poorly remembered dream. The cause? A certain… briskness in the movements of the larger players. A “coordinated” exit, the papers murmur. Coordinated, naturally. As if anything is ever truly spontaneous anymore.
Bitcoin digital asset treasury (DAT) companies have been making headlines recently-and not the good kind. 😬
The chart? A textbook symphony of indecision. Lower highs, rising lows, price doing the limbo beneath $0.28 – how low can it go? 🕺 The so-called “green demand block” between $0.26 and $0.27? That’s just crypto alchemy for “people still pretend to care.” Buyers show up like loyal drunks at a closing bar – they block the exit, but no one’s dancing. And yes, Blacksea dreams of $0.34 to $0.36, but let’s be honest: that’s like predicting a spring thaw in Siberia – possible, but don’t pack away your coat yet. ❄️
