Ah, the culprit? A “cooling issue”-a phrase as innocent as a lamb yet potent enough to topple the colossus of derivatives trading! 🚨💥 The CME, that mighty titan, was humbled by a humble pipe or fan or perhaps a vengeful squirrel in the CyrusOne data center. By Friday noon UTC, like a phoenix rising from a mildly inconvenient bonfire, trading resumed. Miracles do happen!
This shocking development has ruined what was a near-perfect run for the Solana ETF, surpassing both Bitcoin and Ethereum ETFs’ debut records. Oh, how the mighty have fallen!
SHIB has modestly risen by 2.63% over the past 24 hours – a number that would make even the staunchest day trader do a double take before yawning. It’s the cryptocurrency equivalent of a mild morning stretch-nothing to get too excited about, but hey, it’s something!
But lo! The weekend arrived, and Bitcoin, like a weary thespian, ceased its dramatic descent. By Wednesday, it flirted with $88,000, only to be met with the icy stare of resistance. Yet, in true tragicomic fashion, it shattered through to $90,000 by week’s end. And now, ladies and gentlemen, it pirouettes at $92,000-a $10K rebound! The market cap swells to $1.85T, while altcoins sulk in its shadow, save for the usual suspects: XRP, BCH, XMR, and AVAX, playing their roles as the rebellious youths.
So, what does this mean in simpler terms? Nasdaq wants to move the iShares Bitcoin Trust into the same prestigious derivatives tier as the almighty Apple 🍏, the flashy Nvidia, and other top-tier assets like the S&P 500 and Nasdaq-100. It’s like getting invited to the cool kids’ table at lunch. 🍕
A country’s financial stress often shows up in its policy decisions long before it appears in headlines. Or, as Bolivia’s finance minister might say, “We’re not panicking-we’re just… re-evaluating our life choices.”
Ah, the ever-restless Animoca Brands, that protean entity of the digital realm, has decided to dabble in the prosaic world of stablecoins and tokenized real-world assets (RWAs). How quaint! 🧐 As if their dominion over the metaverse were not enough, they now seek to colonize the staid corridors of institutional finance. One can almost hear the whispers of their boardroom: “Let us tokenize the very air they breathe!”
Fast-forward to now, and XRP has bounced back like a rubber duck in a bathtub, surpassing the $2 mark in the past 24 hours. 🎉 But hold your applause-analyst Sean Williams from The Motley Fool is here to rain on the parade. 🌧️ According to him, XRP’s rally is about as stable as a house of cards in a wind tunnel.
For years, DeFi in the UK has felt like a tax booby trap. Every interaction with a lending protocol or liquidity pool potentially triggered capital gains, even when you never ‘cashed out’ to fiat. That complexity has kept many users parked on centralized exchanges instead of going fully on‑chain. 🚫
double top, fading momentum, and a vibe check failing spectacularly.
