South Korea’s ruling Democratic Party, led by Rep. Min Byung-dug, has escalated its campaign against Binance, questioning why the exchange’s acquisition of GOPAX proceeded without a repayment roadmap. During a National Policy Committee hearing, Min accused the Financial Services Commission of facilitating a merger “not backed by capital,” implying Binance secured GOPAX with promises as tangible as a mirage in the Sahara.
The market’s looking like a house of cards on a windy day, with trading volumes dropping faster than a hot potato. And don’t even get me started on volatility! If things don’t turn around soon, Bitcoin might just keep sinking like a lead balloon.
FLOKI’s price danced like a caffeinated squirrel this week, peaking at $0.000088 before retreating to $0.000073. A journey of 0.000015 cents, because in crypto, every decimal is a saga. 🐿️
The Bitcoin Main Trend Indicator, that stubborn compass of the crypto seas, now points to $40,000-a horizon of possibility for a bullish voyage. To trade above it is to dance with the devil, or at least with optimism. A breach below? A harbinger of the next bearish tempest, as inevitable as the moon’s pull on the tides.
On-chain data analysts have spotted a critical juncture. A point so pivotal it could either sustain the optimism of the bulls or send them crying into their digital wallets. Will Bitcoin continue its bullish journey, or will it tumble down into a medium-term correction, like a sad balloon deflating at a child’s birthday party? Only time will tell. 🎈
Ah, the drama continues. Toncoin recently broke below its beloved support level of $2.50-$2.55-goodbye, old friend. This was no ordinary fall; it came after a catastrophic liquidation event on October 10 that wiped $19 billion off the crypto market. In a tragic 80% crash, TON plunged from $2.74 to a pitiful $0.54 before putting on its best act and bouncing back like nothing happened. The crowd goes wild… or not.
A crypto so-called expert – probably with a monocle and a cape – insists that for Pi to pull off long-term growth and not flop like a pie in the face, it gotta expand its platform-level shtick to schmooze with the big crypto sharks and those everyday schnooks who just wanna click and mine. Sarcasm? Nah, that’s just reality with extras! 🙃
BTC, that paragon of volatility, slithered to approximately $107,500, while altcoins like ASTER, the market’s most recent tragic hero, suffered losses so steep they might make a stockbroker weep into their tea.
On CNBC’s Squawk Box, Hassett declared the shutdown is “likely to end this week.” Or maybe next week. Or when the universe resets. He also threatened to unleash “stronger measures” against Democrats, which we assume means sending them more emails. 📧
