jpyxx Discovery Bank has collaborated with the crypto exchange Luno to integrate crypto asset trading into the bank’s mobile application. This move, which Discovery Bank CEO Hylton Kallner calls a response to crypto maturing into an accessible, mainstream asset class, makes it the first major South African financial services company to offer this service. 🧠💸
On Monday, BTC decided to hit a new low-below $93,000-something we haven’t seen since May. It sipped nearly 5% off its Monday mojito starting from $96,000, and now it’s hanging out around $91k, whispering its secret fears. It’s down 16% since November’s launch party and has lost more levels than a bungee jumper lost his bounce. Bye-bye $100k barrier and the 21-Week EMA support-gone with the wind.
Apparently, the cryptocurrency’s sudden slide is thanks to the usual suspects: gloomy economic forecasts, sneaky interest rate shenanigans, and overhyped markets that seem to think money grows on blockchain leaves. Traders are now cautiously reassessing risk, possibly wishing they had actually listened to their mothers when they said, “Don’t gamble with the house’s Wi-Fi.” 📉
According to top analyst Darkfost, short-term holders (STHs) – those who bought Bitcoin in the past few months – are now basically crying into their coffee. Their average cost is $110k, so they’re basically crying into their coffee. ☕😢 This is the financial equivalent of a “I told you so” from your ex. 🤭
This spectacle of mutual ignorance is indeed a rare occasion where retail and institutional gamblers find themselves neck-deep in surprise. The swing in Polymarket’s odds-garnering support for further decline in its year-end prediction-paints a vivid tableau of market naivety, which naively presumed a trifling retreat rather than the impending deluge that vanquished a large swathe of Bitcoin’s stellar gains for 2023. 💔
Picture this: continuous auction rounds where requesters (you know, the people needing proof) send in their jobs with very specific requirements, and provers (the proof-executing wizards) bid to take them on. If you think that sounds complicated, don’t worry, it’s as easy as bidding on eBay-if eBay was a nerdy, super-secure blockchain version. 😎
After several weeks of pretending everything was okay while prices flirted dangerously with the $100,000 mark (a figure that seems to have vanished into the ether), the chart now screams, “Help!” at anyone still paying attention.
Hold on tight, because if the old pattern’s gone, 2026 might just turn into the crypto version of open season. Think of it as Bitcoin’s ‘lord of the flies’ moment, but with fewer flies and more dollar signs.
In a bold move, SGX aims to nudge the steady stream of crypto derivative traders into its cuddly, regulated embrace-no more lurking on shady offshore platforms, we hope. The perpetual contracts are sized at 0.2 BTC and 5 ETH-perfect for bragging rights and (probably) risking a lot.
XRPC’s debut on Nov. 13 was so underwhelming, it’s less exciting than your cousin’s garage band. Day one? Zero net creations. But then… dramatic pause… $243 million poured in like someone opened a dam, and trading volume hit $58 million. That’s right, it even beat the Solana ETF’s $57 million. But let’s be real: who’s counting? 🤷
