jpyxx Ah, Friday was a different beast altogether. Bitcoin’s price looked like it was about to take a nosedive off the top of its channel, as though it had been told a joke it didn’t find funny. But the bulls, those persistent little creatures, had other plans. Over the weekend, they rallied faster than a kid on Christmas morning. By Monday, Bitcoin had reached $116,400, and well, who knows if it’s done yet.
Monday saw Ethereum poking its head above $4,200, which I’m told is a “critical psychological threshold.” Personally, I think thresholds are for doors, but who am I to judge market psychology? It reignited the debate about whether this is a real upswing or just a cleverly disguised trap for people with too much money. 🙄
This article will attempt to make sense of the x402 frenzy, with all the grace of a drunk economist stumbling through a blockchain conference. Buckle up.
And if that wasn’t enough, we’re also living through a government shutdown. So, you know, data is now officially a scarce resource. It’s like trying to get your Wi-Fi to work at a coffee shop – it’s all very “fun” until it’s not.
Let’s recap: October 2025 has been a rollercoaster for crypto. Highs so high you forget your own name, lows so brutal you consider selling your kidney on eBay. But now, Bitcoin’s back to $116K like a bad rom-com sequel that’s somehow better than the first. 🎬
The U.S. Federal Reserve, that grand puppeteer of the financial world, is poised to tinker with interest rates on Wednesday. A 25 bps cut, they say? How quaint! Meanwhile, the CPI numbers have whispered sweet nothings about inflation, leaving experts in a state of bewildered hope. And let us not forget the Fed Chair Powell, whose press conference will undoubtedly be a masterpiece of carefully crafted ambiguity. 🧐
According to the oracle of Coingecko, the protocol’s tokens now stand proudly with a market cap of more than $810 million, having surged a breathtaking 366% in a single day’s berth. Fuel igniting this rally included AInalyst, which ascended by 179%, and Capminal’s valiant increase of 140.6%.
Ah, but what’s the fuss? It’s merely a license, you say, but a license that grants the tiny titan the power to scale up its bitcoin services-yes, the very same digital gold-keeping users’ self-custody like a mother holding her child. Now, they can boast about improved payment features-think 24/7 instant SEPA, because who needs sleep?-and higher euro trading limits, making the world of crypto just a tad more chaotic and exciting. They talk about having over ninety thousand users and a billion dollars in total volume, which, I suppose, would make even the most hardened banker raise an eyebrow. Julian Liniger, their co-founder and CEO, sounds proud-proud enough to call themselves “one of the first bitcoin companies to get the MiCA license,” as if it’s some noble achievement, and not just another step in the endless dance of regulation. He advises users to update their auto-invest orders to the shiny new SEPA IBAN, perhaps thinking we’re all just characters in a grand chess game.
News of the June filing has already stirred up crypto chatter like a bunch of caffeinated parrots just before the big show where Eric Jing will speak alongside Hong Kong’s Financial Secretary, Mr. Hui, and the ever-pabulous Fred Hu at the so-called “crypto-friendly” Hong Kong FinTech Week-normally a stodgy old affair, now turned party central for blockchain buffs. 🥳
Barry Ritholtz, the wise owl of finance, wonders aloud-what cosmic problem does this shiny new crypto solve? Will it hold any intrinsic value, or is it merely digital vapor, a phantom lurking in the circuits? He reminds us that crypto and iPhones debuted roughly the same epoch-one now indispensable, the other… well, a fancy paperweight. Why, he asks, has one become essential and the other a mere gadget?
