In a post on X (formerly Twitter, but we all know it’s just a way for people to vent), MEXC’s Chief Strategy Officer, Cecilia Hsueh, confessed that the exchange had, and I quote, “f*-ed up.” Yeah, that’s the exact wording, folks. In July, MEXC decided to freeze a cool $3.1 million of the White Whale’s funds, supposedly due to some “risk control rules” that, well, seemed more like a glitch in the matrix.
There it hangs, our dear DOGE, like a trapeze artist grasping a frayed rope, teetering near its crucial support zone. The meme-inspired marvel currently trades at a modest $0.18, a figure that reflects an 11% weekly decline. The culprits? Declining active addresses and the fickle whims of whales, those leviathans of the crypto sea, who have chosen to abandon ship. Yet, in this drama of highs and lows, one cannot help but marvel at the resilience of this digital curio. 🌊
US Treasury Secretary Scott Bessent, flanking President Trump like a particularly enthusiastic sidekick, praised Singapore’s stablecoin framework and digital asset regulations as “a blueprint for modern finance.” His comments were delivered during a bilateral meeting with PM Lawrence Wong, where they discussed innovation, tech, and capital flows-because nothing says “economic partnership” like two leaders debating who can tokenize their national anthem first.
Bitcoin, that old mule of the market, sits stubbornly below the $110,000 hill, its hooves churning dust in a futile attempt to reclaim ground. The bulls, armed with optimism and caffeine, stare up the slope like farmers eyeing a drought.
On the altar of social media, Shirzad sacrificed his words, a rebuttal to Connecticut’s own Chris Murphy, who had the audacity to label Coinbase a cog in Trump’s “corruption factory.” Corruption, you say? In Washington? Surely, you jest! 😏 Yet, Murphy insists, pointing to Coinbase’s donations to Fairshake and the 2025 inauguration as evidence of their complicity. And what of the SEC’s sudden leniency? A mere coincidence, no doubt. 🙄
On a crisp October morn, Fold Holdings, nestled in the sun-drenched deserts of Phoenix, unveiled its latest folly: a pact with Steak ’n Shake, where Bitcoin rewards are the prize for indulging in a “Bitcoin Meal” or “Bitcoin Steakburger.” A receipt, a code, an app-how modern! How tedious! The promotion, fleeting as a desert mirage, graces all 400 locations, a testament to our insatiable hunger for both calories and currency.
Theta Network proudly revealed that Deutsche Telekom is now part of an elite squad of corporate titans like Google, Samsung, and Sony. Together, they’ll validate transactions and secure Theta’s L1 network-because nothing says “trust” like a group of companies that probably still use fax machines in their back offices. 🕐📄
Derivatives trading, subscription services, and the integration of Deribit-these were the heroes of the hour, driving the beat like a chorus in a Russian folk song. But from there, opinions diverged like paths in a forest of folly.
Recent price movements, if one may call them such, suggest the market is reacting with the enthusiasm of a guest at a funeral. A 2% daily loss and a 6% weekly decline-ah, the thrill of it all! One wonders if the whales have finally grown weary of their own opulence.
The platform, with all the seriousness of a judge at a dog show, declared that this particular stablecoin, emanating from the Trump family’s own cloakroom of financial adventures-World Liberty Financial-was simply approved “through its normal course of business.” Whatever that means, it’s reassuring to know that even in crypto, routine is routine. 🧐
