EU’s Big Crypto Shake-Up: Say Goodbye to Local Control!

Yes, you heard that right. If this goes through, it will replace the current system where each member state, like a good little individual, has been handling supervision on their own. But not for long, folks! ESMA’s about to take the wheel of this wild crypto rollercoaster.

Cathie Wood Scoops Up $46M of Circle Stock as Shares Plummet Below $90

In the last two trading days, ARK purchased a hefty 542,269 shares of Circle (CRCL). The $46 million splurge was spread across two purchases: $30.4 million on Wednesday and another $15.5 million on Thursday. The timing? Oh, only when the price of CRCL shares plummeted to a jaw-dropping $86 and $82.30. 🎯 Talk about catching a falling knife, darling.

Crypto Crisis: Liquidations Hit FTX Levels! 🚨

More than 246,000 traders were forced out, triggering fresh comparisons with the darkest period of the 2022 FTX collapse. One might wonder if the market is merely reenacting a tragic play, or if it’s finally learning its lesson. 🎭