Now, this bill-a bit of a patchwork quilt, really-is off to the House of Representatives, where it’s expected to get a nod on Wednesday afternoon. If all goes well (and when does it ever in Washington?), President Donald Trump will sign it faster than you can say “executive order.” Then, poof! Government operations will spring back to life like a jack-in-the-box. 🪄
This is a Fast News post by CoinDesk’s own financial bard, Omkar Godbole, who channels market ghosts into spreadsheets. 📊👻
It reportedly took around 10 hours for Republicans to get the job done on Monday and obtain the 60 votes (eight being Democrats) needed to pass a funding bill that would cover most of the government’s expenses through to the end of January next year. Because nothing says “collaboration” like a 10-hour negotiation. 🕵️♂️
The Zcash price, like a swallow in the autumn sky, soared 20% to $658, following a 200% leap in 30 days, as the Nov. 18 halving event whispers promises of scarcity. 🚀
Gemini paraded its third-quarter gingerbread man results smackbang in the middle of Monday (because who doesn’t love Mondays?)-this being their debut encore since debuting at the Sugar Plum Fairy IPO masquerade. And what did they declare? Revenues of $50.6 million, an Olympic gold leap from last year’s $24.5 million snooze-fest!
Marks, our intrepid oracle of graphs, claims early bullish signals-read: “MACD divergences”-are dancing like drunken fireflies. He predicts a return to the $0.000032 area, a figure so sacred it could make a monk weep. With the coin currently trading at $0.00001009, Marks whispers of a 700% rally to $0.000080. Traders, take note: the math is as thrilling as a cat on a trampoline.
Apparently, they had a meeting – a working group, can you believe it? – on November 7th. And they decided this is a good idea. Tighten checks, they say. On the people who handle the systems. Because, you know, things might go wrong. Shocking.
The reversal, my dear reader, is as dramatic as a Jeeves plot twist. It highlights the delicate dance between growing revenue, Bitcoin production, and the pesky impact of non-cash losses, capital expenditures, and large-scale infrastructure investment on profitability. A bit of a pickle, wouldn’t you say? 🥒🤔
Behold, the daily milestones-ORE’s $1 million is but a whisper compared to the roar of total wealth amassed. Protocols like ORE, born on Solana’s sacred ground, declare their triumph-each coin a testament to the rising tide of on-chain enterprise. The kingdom’s wealth, as recent chronicles tell us, amasses close to three billion dollars in a single year-an empire of pixels and promises.
The proximate cause? A compensation proposal for CC members, a sordid affair where the DRep community, with all the enthusiasm of a toddler refusing vegetables, refused to reward their peers. Cardano Atlantic, ever the dramatist, lamented the “misalignment of expectations,” as if they’d been promised a lifetime supply of ADA and a private island. They boasted a 100% voting record, yet chose to exit stage left, leaving behind a trail of unanswered questions and a community muttering, “Well, that escalated quickly.”
