He posits – and really, one must use that word, doesn’t one? – that it’ll somehow deliver ‘greater stability’. As if stability is something one actively seeks in the perpetually chaotic world of cryptocurrency. Good heavens. He’s worried fees might go up, you see. Naturally. Because everything always does, doesn’t it? 💸
The timing? Perfect. ETH is wobbling near a one-month low, and the little wallets have begun their predictable exit, according to on-chain chatter. As if the chorus of tiny investors singing the swan song wasn’t enough.
Solana is hanging out in a seriously critical price zone, like that one friend who insists on making everything dramatic. As market chaos pushes major altcoins back to their comfort zones (aka their supports), SOL seems to have lost its mojo. After failing to stay above its recent highs, it’s now wobbling around the $130 mark-a place that has historically been make or break for its momentum. With sentiment dragging its feet and sellers on the warpath, everyone’s waiting to see if Solana can pull itself together or if this is the first sign of a bigger mood shift.
In a shocking twist no one saw coming (except everyone), XRP ETFs are the only ones seeing consistent inflows this week. That’s right-while the rest of the crypto market is doing its best impression of a sinking ship, XRP investors are still tossing coins into the fountain like it’s 2017. 🎰 But don’t get too excited-these inflows are about as impactful as a single raindrop in a hurricane. XRP’s price is still sliding faster than a penguin on ice, proving once again that crypto logic is… well, illogical.
Per CoinGlass, the past 24 hours were a dumpster fire of bad decisions. Leveraged longs? $350 million down the drain. Bitcoin? A 3.5% nosedive to $89,120-a price point so sad, even Elon’s doge would cry. 💸
Much like the Russian winter that humbles even the proudest generals, the shifting tides of the market have brought forth a flood of SHIB tokens back to exchanges-a phenomenon as subtle as a bear crashing a tea party. These movements, dear reader, are not to be ignored, for they whisper secrets of impending doom (or at least a slight dip).
In the vast and turbulent sea of cryptocurrency, where fortunes are made and broken with the fickish whims of market gods, there now hangs a shadow over Pi Network’s native token, Pi Coin. Alas, even China’s mighty regulators, those stern shepherds of financial order, have deemed it a “high-risk asset,” casting doubt not only on its worthiness but on the very foundations of its digital temple. One might ponder: are the architects of Pi Network now facing the judgment of earthly and celestial realms alike? 🤷♂️🎫
The masterminds at Goldman Sachs (those sly foxes 🐺) are reportedly leading the charge, though one whispering source claims the deal might not price until January. 🗓️ Oh, the suspense! Founded in 2018, Clear Street rode the crypto wave like a pro surfer, catching the “treasury” trend just as it was becoming all the rage. Public companies, you see, were suddenly hoarding Bitcoin like squirrels with acorns. 🌰💰
Behold, the Altcoin Season Index, once a proud 55 in July, now lies prostrate at 21, as if struck by a curse from the dark arts. CMC data reveals this tragedy, as altcoins perform their swan song while Bitcoin (BTC) watches with cold indifference. 🦢💔
Apparently, losing a spot in MSCI’s indexes is like getting uninvited to the coolest club in town. JPMorgan’s analysts (the folks who predict doom with a straight face 😱) say Strategy, a Bitcoin treasury firm, could lose a cool $2.8 billion if MSCI goes full Grinch. Michael Saylor, Strategy’s chair, is already on the phone with MSCI, probably saying, “Hey, you’re making a yuge mistake!” 📞
