Cryptonews

Realized losses on Bitcoin (BTC) have soared to heights last seen during the FTX implosion of 2022, according to Glassnode, a blockchain data platform that probably charges by the byte. “The scale and speed of these losses reflect a meaningful washout of marginal demand,” they declared, because nothing says “fun” like turning investors into soggy paper towels. Just minutes later, Bitcoin slumped to $80,500 on Coinbase, a 36% plunge from its all-time high. Someone must’ve told the market it was time to play hide-and-seek with its value.

According to the venerable Intersect-an organization so earnest that one might mistake it for a confession-the team laboriously labors with the Cardano Foundation and Input Output, in the eternal struggle against this digital specter. Node operators, those brave souls, are urged to ascend to version 10.5.2, as if upgrading could somehow fend off the heavy hand of fate. Yet, the old-timers running versions below 10.3.1 are told, “Stay as you are, old comrades,” for no action is required from them. Such is the cruel irony-some still unaffected, others caught in the web of despair. 📜

Veteran trader Peter Brandt is pouring cold water on the dream of a six‑figure Bitcoin by New Year’s Eve. While some high‑profile bulls called for $200K per $BTC in 2025, Brandt argues that kind of blow‑off top is more likely several years away, around Q3 2029 instead. 🧊 (He’s like a wet blanket at a champagne party.)

Instead of concocting an entirely new network, these clever minds have simply polished Swift’s existing infrastructure with blockchain trinkets-smart contracts, orchestration tools, and secure on-chain connectors. The goal, you see, was not to create a “crypto-only” affair but a hybrid model where banks may flirt with tokenized assets without forsaking their familiar systems. How very pragmatic! 🤝

The $XRP price hangs by a thread, precariously balanced upon the razor’s edge of market structure support. Should it falter, $1.56 awaits as a likely refuge, though the abyss of $0.74 looms as a grim possibility. The ground beneath it is as solid as a politician’s promise-scarcely there at all. 🌪️ Yet, in this moment of despair, the contrarian’s heart stirs. To buy here, at the foot of the descending channel, is to embrace the gambler’s creed. A stop loss, tight as a miser’s purse, is essential. The Stochastic RSI, ever the optimist, hints at a cross-up-a glimmer of light in the darkness.

Behold, the market, in its cruel indifference, has reduced Ethereum to levels last seen in the hallowed months of July, a time when even the most ardent believers had not yet succumbed to the depths of despair. 🐍

The crypto circus lost over $5 billion in just a single day. That’s right, from a roaring $44 billion to this teetering $39.4 billion-like a sugar crash after too much meme cake. And yet, trading volume shot up 40%, probably because everyone was pretending they weren’t panicking. Makes sense, right? Meanwhile, January’s high of $116.7 billion looks like a distant dream, lost in the ether-literally. A 66.2% nosedive, just to keep things spicy.

Despite the bearish brouhaha of the wider crypto market, Aster is sipping on its own nectar, fortified by structural quirks that defy the chaos. It’s as if the coin has a personal bodyguard named “Unique Advantages.” 🧙‍♂️

Less users, fewer fees, and a DeFi market so quiet it might as well be napping-Ethereum’s network is simply not making the money it once did. Truly, a sad tale of a once-proud empire.

BTC flirted with $81,600 before settling near $84,000, effectively erasing its year-to-date gains. Remember January’s ETF boom? Yeah, that’s ancient history now. 📉