Well, IBIT made a dramatic comeback, pulling in $60.61 million on the 19th, a complete 180 after a disastrous $523 million outflow just one day earlier on November 18th. Talk about a rollercoaster!
In a missive to the crypto masses on X, Cryptorank quipped that the recent market tantrums-volatility, pullbacks, and all-are but a mere hiccup in Bitcoin’s reign. Despite the drama, Bitcoin’s dominance clings to a sturdy 55%, a testament to its unyielding grip on the market. “Broader correction,” they say, not a shift to altcoins. Investors, it seems, are still clinging to Bitcoin like a lifeboat in a storm, unwilling to leap into the altcoin waters just yet. 🌊
Let’s break it down: SOL, with its shiny new ETFs and a promising price tag, is definitely the shiny new toy in crypto’s toy chest. TRX? Oh, it’s on the cusp of an epic comeback, like your favorite comeback story-but better. But then there’s $TAP, quietly creeping into the spotlight, positioned to rock the world of DeFi and TradFi. Not just a coin, but a revolution-and according to the experts, it’s the best crypto presale of 2025. So yeah, no big deal. 😎
Open Interest (OI), once a sprightly $832 million, now totters at $831 million-a 48-hour decline so dramatic it could make a Shakespearean tragedy blush. Traders, ever the pragmatists, are shedding positions like last season’s fashion. Longs and shorts alike are retreating to the sidelines, clutching their portfolios and whispering, “This is definitely not a phase.” 🤚
Leon Waidmann, a man of letters and numbers, has declared that Ethereum, that most insouciant of altcoins, has seized a coveted metric from Bitcoin’s clutches. One might imagine the latter’s face contorting in dismay, much like a dachshund watching a sausage vanish. 🐕🍖
Rather than dancing recklessly with speculation, Singapore’s financially literate elite tiptoe into crypto, integrating it into their portfolios with the precision of a surgeon. Among 3,513 souls surveyed, 61% hold digital assets, yet most cap their exposure at under 10%. The average holder juggles three tokens, a testament to diversification-and perhaps, a fear of juggling too many knives. 🔪🤹♂️
Ah, the daily ritual of market updates, where some bask in glory while others… well, let’s just say they’re “mildly optimistic.”
The lstBTC product, funded by $150M BTC from lenders, now teeters like a drunkard on a blockchain. Reimbursement? A mystery wrapped in a riddle. 🕵️♂️💰
In an utterly spectacular turn of events, the Trump Organization, together with Saudi Arabia’s Dar Global, has managed to turn a rather niche idea into an actual, headline-grabbing project. No, they are not opening a new golf course (yet) – they’re tokenizing a hotel, and not just any hotel, mind you, but the Trump International Hotel Maldives. Investors will now be able to purchase digital shares in the hotel’s construction phase. How modern! How daring! 😏
