The illustrious crypto derivatives trading platform, Bybit, has deigned to illuminate the murky waters of the Japanese yen carry trade in 2025, as the Bank of Japan (BoJ) contemplates its next grandiose policy shift. 🕵️♂️ Per their sage report, the yen’s hallowed status as a primary funding currency in the foreign exchange (FX) market is … Read more
The Great Ethereal Rollercoaster 🎢 In the grand cosmic dance of cryptocurrency, Ethereum has been doing what it does best: giving its investors whiplash. 💫 The price has been bouncing around like a hyperactive neutrino, recently hitting a resistance zone that’s stiffer than a Vogon’s sense of humor. Technical Analysis by Shayan, the Oracle of … Read more
Ah, dear reader, we find ourselves yet again in the swirling maelstrom of cryptocurrency, where fortunes are made and lost with the rapidity of a sparrow’s flight! Lo and behold! The Pi Network, after what feels like an eternity of whispered promises and delayed dreams, has birthed its Open Network and the much-anticipated PI token, … Read more
In the dusty corners of the digital frontier, where the wild winds of change blow fiercely, cryptocurrency has taken root like a stubborn weed in a farmer’s field. Binance Pay, that sprightly little rascal, has seen its user base swell like a summer river after a rainstorm, reaching a staggering 41.7 million souls in 2024. … Read more
Ethena Labs’ exposure to Bybit? Zilch, nada, zero! USDe stablecoin? As safe as a snuggly sloth in a tree. Ethena Labs, the wizard behind the synthetic dollar protocol, has waved its magic wand and made its unrealized profit and loss (PNL) exposure to Bybit disappear into thin air! Poof! Gone like a sneaky magician’s rabbit. … Read more
Is the Grayscale XRP ETF About to Get the Green Light? You Won’t Believe What Happens Next! 😲 The SEC’s 240-day investigation of Grayscale’s XRP ETF is currently underway. Following regulatory changes, the possibility of XRP ETF approval has increased to 81%. Ah, the United States Securities and Exchange Commission, or SEC for short, has … Read more
The Lowdown: It seems the good people of Latin America have caught the crypto fever, with a whoppin’ 95% of ’em plannin’ to buy more of that digital dough in 2025, according to a Binance Research survey. 🤑 The region’s crypto adoption went up by a staggering 116% in 2024, with 55 million users joinin’ … Read more
What to know: Bybit, in a dramatic twist of fate, faced a $1.5 billion hack and a staggering $4 billion “bank run,” culminating in a total outflow of $5.5 billion. Talk about a financial exodus! In a moment of sheer leadership, Bybit’s CEO Ben Zhou addressed the calamity, emphasizing the urgent need for loan coverage, … Read more
Ah, the delightful world of cryptocurrency, where fortunes are made and lost faster than one can say “blockchain.” In the year of our Lord, 2024, the average investor, bless their optimistic heart, saw their digital treasure chest swell by a staggering $5,482, as reported by the ever-reliable CoinLedger. One must wonder, is it luck or … Read more
🚨💸 Bitcoin Bonanza: African Firm Goes All In! 🤯 South Africa’s AltVest Capital Embraces Bitcoin Reserve Strategy AltVest Capital is on a mission to raise $10 million to boost its Bitcoin stash 🤑 The corporation sees Bitcoin as a clever way to hedge against currency devaluation 🤑 Oh, the absurdity of it all! 🤣 South … Read more