Cryptonews

Meme coins, those jesters of the crypto realm, prance about like kings atop a bullish wave, backed by the solemn nods of JPMorgan and other such titans. Oh, the irony! 🤡

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On Monday, Chairman John Boozman and Senator Cory Booker unveiled this masterpiece, building on the CLARITY Act like it’s a crypto LEGO set. 🧱 “Let’s make crypto trading platforms register and play nice,” they said. “Consumer protection rules? Absolutely. We’re not monsters.”

As of September, there are 200 DAT companies (yes, 200!) mostly mooning over Bitcoin, with a combined market cap of $150 billion. That’s a 3x jump from last year-cha-ching! 💰 But here’s the kicker: new companies are popping up faster than popcorn in a microwave, and many are penny stocks desperate to turn a dime into a fortune. With Bitcoin’s value doing the limbo (how low can you go?), these firms are now eyeing altcoins like they’re the last slice of pizza at a party. 🍕

The filing, signed by the enigmatic Steven McClurg of Canary Capital Group, was submitted on November 10, 2025. The SEC, in a rare moment of kindness, didn’t ask any questions, which is probably why they’ve been so quiet lately. The ETF will trade under the ticker “XRPC,” which sounds like a code for a secret society. 🕵️‍♂️

Ali Martinez, a sage of the digital markets, has recently proclaimed on the platform once known as Twitter that XRP has been tracing the contours of a Bull Flag on its monthly chart. This pattern, akin to the fluttering pennant of a victorious army, is a technical marvel in the labyrinthine world of crypto analysis.

The rally came with heavy trading interest-24-hour volume surged 25.76% above its seven-day average. Institutional participation? Or just someone with deep pockets and a gambling problem? 🤔

A list of financial gymnastics that would make a Wall Street broker weep into their morning coffee.

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