Now, cryptocurrencies, stablecoins, and other shiny digital trinkets are as legally recognized as a horse-drawn carriage or a stack of tea chests. Before this, judges were playing three-card monte with court rulings, leaving everyone from tycoons to teenagers wondering if their crypto would survive the next courtroom drama.
The bulls, clearly inspired by a midday coffee break, launched a last-minute rescue mission on Tuesday. For a moment, BTC looked like it might surrender to the $80,000 abyss-until the bulls, armed with caffeine and questionable life choices, staged a $10,000 comeback. They pushed it back above trendlines, through resistances, and finally slammed into the $94,000 wall like a drunkard hitting a buffet. Now it’s panting, out of steam, and asking for a glass of water. 🍹
As per the latest rolls of papyrus from crypto.news, Aave (AAVE) saw a stunning resurgence of 13.5% on Wednesday, December 3, a spirited affair following an almost three-month struggle against the forces of a downward trend. At the stroke of the pen, trading at $192.8 and ranked 46th-largest in the crypto sphere, its market cap stood majestically at $2.92 billion.
They’ve launched this “Predictions” feature, you see. A rather grand name for something that essentially allows one to put a digital chip on the table and guess whether politicians will continue to disappoint (a remarkably safe bet, I assure you), or whether some athlete will perform a marginally more impressive feat than another. It all interfaces, with a certain slickness, with Myriad (on the ever-so-slightly pretentious BNB Chain), Polymarket (on Polygon – a name that sounds faintly agricultural), and Kalshi (singing the praises of Solana, of course). A self-custodial gambit, they claim, as if ownership somehow lends gravitas to one’s particularly questionable prognostications.
This dramatic leadership shuffle marks a pivotal juncture for the world’s largest crypto giant, as it desperately tries to patch up its tarnished image following years of regulatory grilling and a tasty lawsuit that reads like a thriller novel involving terrorism funding and criminal convictions. But fear not! Binance’s new co-helm, Yi He, is here to sprinkle some fairy dust-if only she could find some magic in the mess.
Sui jumps a glorious 30%, Pudgy Penguins (yes, you read that right) soar by 26%, and Hyperliquid decides to float up about 10%. Can you feel the buzz? 🐧✨
Having gracefully risen above $135, our dear Solana has managed to snag itself from recent depths and evade a rather ungainly bearish trend line on the hourly chart, according to technical analysis. Bravo!
Spot ETFs? More like Spot EekFs, because they’re seeing outflows that would make a fire sale look organized. And treasury activity (DATs)? Slower than a sloth on a Sunday. 🐌 Despite the macro environment being more favorable than a spa day with unlimited mimosas, you’re acting like the world’s most dramatic teenager. 🥂🙄
Who would have thought? The pioneering crypto star, Bitcoin, hit above $93,000, doling out a crisp $200 billion glowy added market cap in less than a day and a half. It began during the American work caffeine kicks starting on Tuesday. This was Bitcoin’s delightful spurt since May 2021 – oh, children, where have the years gone? And let us not forget the zenith of leveraged short liquidations, indeed!
In a consent statement filed with the SEC-so très official, darling-CZ and his cohorts are urging BNC shareholders to support proposals that would overhaul the company’s governance. How utterly daring! 🗳️💼
