Indeed, the broader crypto market, in its haphazard manner, managed to reflect this audacious bounce, rising by a modest percent-yet, dear reader, let us ponder: is this fleeting joy but a fragile illusion, dependent on the fickle whims of capital inflow into these digital relics?
In a Tuesday notice, Harris said the NYDFS had updated guidance first announced in January 2023 to better protect users “in the event of an insolvency or similar proceeding.” The document itself looked simple enough, a ledger kept honest: clarifying what were “acceptable sub-custodians,” guardrails for crypto custody, and “permissible uses of customer assets.” A dry wind, but with teeth.
TradFi ETFs, those ancient behemoths, often languish in September, but October whispers promises of revival for BTC. New XRP and altcoin ETFs loom on the horizon, a potential feast for the markets, yet they dare not usurp Bitcoin’s throne. The king remains, though the court jesters clamor for attention. 👑🤡
Only 24% of Binance-listed altcoins are above their 200-day SMA. Yep, it’s like that one piece of clothing on the sale rack that no one’s bought because it just doesn’t look ‘fashionable’ enough. But hey, those discounts can be *very* tempting. 🛍️
Not satisfied with merely turning American investing upside down like a confused kangaroo, Robinhood is reportedly thinking bigger-much bigger. According to some diligent humans at Bloomberg, the plan is to throw open the doors of their prediction palace to the rest of the planet. Because if there’s one thing that unites us all, it’s the unstoppable urge to bet on whether that political candidate will actually remember their name on election day, or if the crypto market will behave like a caffeinated squirrel on roller skates. 🐿️💸
But fear not, dear reader! The total loss was, in fact, less than the $163 million of August. So… um… progress, right? Of course, the number of attacks and their scale has risen to absurd levels. An alarming trend, wouldn’t you say? 📉
Apparently, ETFs are the new black-or should I say, green? 💵 Volatility Shares’ SOLT and SOLZ are up 4% monthly, which is basically the crypto equivalent of getting a promotion without having to deal with Pete from HR. Meanwhile, Rex-Osprey’s SSK is also flexing, proving that staking isn’t just for vampires. 🧛♂️ If these ETFs get approved, SOL might just throw a party bigger than Jenna Maroney’s birthday bash. 🎉
The poor thing is also dangerously close to snout-deep in a $900,000 fundraising bone, having fetched just $898,168 so far. Stay tuned to see if it can chew that number to bits.
Presently, BTC pirouettes above $114,000, having taken a not-so-delicate leap from September’s rather sorry lows near $106,000, as those diligent Investtech folks report. Market sage @Manofbitcoin proclaimed on X, “A break above the gloomy bearish structure signals the corrective drama may be bowing out,” invoking the mystical Elliott Wave analysis forecasting a breakout with all the gravitas of a Noël Coward wit.
