By Francisco Rodrigues (All times ET unless indicated otherwise) Ah, the cryptocurrency market! A stage where actors—err, investors—adopt the noble “wait-and-see” stance, as if they were auditioning for a Molière play. 🎭 The BTC Volatility Index (DVOL) on Deribit has descended from its lofty perch of 72 to a modest 50.8 since January 20. Quelle … Read more
Ah, Ethereum! The cryptocurrency that seems to be playing a game of limbo with its key support at $2.5K. It’s like watching a cat decide whether to jump onto a windowsill—lots of indecision and a fair bit of low-energy trading activity. 🐱👤 This sideways shuffle is a classic case of market equilibrium, where buyers and … Read more
Ah, dear Ripple, you flirtatious little sprite, how you tease us with your $2.8 dalliance, only to retreat like a bashful lover! A minor decline, you say? More like a gentle sigh in the grand opera of cryptocurrency. Yet, lo and behold! Our dear asset is tiptoeing towards a veritable fortress of support, a bastion … Read more
In a move as predictable as the tides, Robinhood Markets Inc. plots to sprinkle its crypto fairy dust over Singapore by 2025, riding the coattails of Bitstamp Ltd and regulatory nods. Oh, the grand plans of mice and men! Bloomberg gleefully reports that our dear Robinhood aims to don the crypto-cloak in Singapore, all thanks … Read more
Ah, the tragicomedy of Bitcoin! Just yesterday, it found itself languishing in the depths of despair, a mere shadow of its former glory, plummeting to a woeful two-week low of $93,500. Yet, like a phoenix—or perhaps a particularly stubborn cockroach—it clawed its way back, now perched precariously at nearly three thousand dollars higher. How noble! … Read more
Amidst the cacophony of financial markets, Strategy, formerly known as MicroStrategy, has embarked upon a grand and somewhat audacious endeavor: a $2B private offering in 0% convertible senior notes. This move, my dear reader, is not merely a financial maneuver but a bold step towards expanding its Bitcoin holdings, fortifying business growth, and casting a … Read more
What to know: WisdomTree’s Physical CoinDesk 20 ETP (WCRP) offers a delightful exposure to the digital assets listed on the CoinDesk 20. Who knew investing could be this fun? WCRP is listed on Deutsche Börse Xetra, the Swiss Stock Exchange SIX, and Euronext exchanges in Paris and Amsterdam. Because why not spread the joy across … Read more
In a stunning turn of events that could only be rivaled by a cat trying to solve a Rubik’s Cube, Ethereum transaction fees have plummeted faster than a time-traveling sofa. The average cost of transferring your precious digital trinkets now sits comfortably at a mere $0.41. This is quite the contrast to the cringe-worthy $15.21 … Read more
In Brief: Litecoin, like a phoenix from the ashes, rises 9% amidst the digital currency desert, with speculators whispering of $135 breakthroughs and subsequent orgies of profit. And what of the fabled LTC ETF? Its likelihood, they say, is as certain as the sunrise, with a probability surpassing 80% by the year of our Lord, … Read more
HONG KONG — In a tale of crypto camaraderie, World Liberty Financial, the Donald Trump-backed crypto project, has Justin Sun to thank for its early success. The Chinese-born crypto billionaire, who became an official advisor to the project after purchasing $30 million worth of its token, WLFI, has been hailed as the project’s knight in … Read more