Ah, dear Pavel Durov, the man who has danced with the French judicial system like a clumsy ballerina at a wedding! 🎉 The French court, in a moment of what can only be described as a generous lapse in judgment, has granted him permission to leave the land of croissants and berets for the sun-soaked shores of Dubai. One can only imagine the judge, perhaps with a twinkle in his eye, thinking, “Why not? Let the man have his fun!”
The unfortunate ETFs facing the chopping block are the ARK 21Shares Active On-Chain Bitcoin Strategy ETF (ARKC) and the ARK 21Shares Active Bitcoin Ethereum Strategy ETF (ARKY). Investors can trade shares until the market closes on March 27, after which they might want to consider a career in knitting or stamp collecting. 🧶📬
Now, picture this: Bitcoin ETFs, which were all the rage following their big U.S. debut last January, are now experiencing a dramatic fall from grace, losing about $3.8 billion since February 24, thanks to some rather unimpressive data from our friends at Farside Investors. Meanwhile, gold ETFs enjoyed a raucous celebration, recording their highest monthly inflows since March 2022. Talk about a comeback! 🥳
The Leverage Shares 2X Long Coinbase Daily ETF (COIG) is like a rollercoaster ride for traders, designed to deliver twice the daily return of Coinbase’s stock price. Buckle up, folks! 🎢 With an expense ratio of just 0.75%, it’s listed on Nasdaq, according to a press release that probably made someone’s day. 📈
What caused this sudden spike, you ask? Oh, just a little announcement from the TON Foundation saying that Pavel Durov’s passport was returned by the French authorities. You know, the usual passport drama! 🛂
Durov can now travel freely again, which is great because he probably has a lot of meetings in exotic locations to discuss how to keep your texts from your nosy aunt. ✈️
My dear friends, it appears that the world of cryptocurrency has become a veritable minefield of exclusivity, where the unwary investor is left to navigate a labyrinth of geoblocking policies that deny them access to the sweet, sweet nectar of airdrops.
For now, the market seems to be in a state of suspended animation, waiting for the fateful day when the XRP will either break free from its chains or succumb to the gravitational pull of its $2 support level, while the 100-day moving average hovers like a vulture above.
But here’s the kicker: despite the doom and gloom, most gaming projects haven’t thrown in the towel. Nope, they’re still chugging along like a steam engine in the Wild West. According to the crypto analytics platform Santiment, the top dogs in development activity are MultiversX (EGLD), Decentraland (MANA), and Skale Network (SKL). 🚂💨
SOL, in a dramatic flourish, surged 7% as the contentious SIMD-0228 proposal came to a close late Thursday, much to the relief of those who wished to keep the current inflation schedule intact. This proposal, which drew the highest voting turnout in Solana’s governance history, was met with fierce opposition, as some feared it could disrupt the flourishing DeFi ecosystem and scare off institutional interest. Who knew governance could be so thrilling? 🎭