Lau, armed with spreadsheets and a healthy dose of optimism, notes Bullish’s market share leapt from 2.1% to 3.7% in three short months. Such growth! One could almost imagine the rival exchanges (Bitget, Bybit, Gate) whispering, “How dare they take our volume?” Meanwhile, Bullish’s October trading volume soared 70%-proof, perhaps, that the post-IPO bravado is as strong as its order books. 📊🚀
Community sage 0xKOL, a wizard of the crypto woods, noted that XRP’s tranquility was as rare as a rainbow after a thunderstorm. He called it an “alt bear market,” which sounds like a grumpy bear with a bad hair day. Traders, ever the gossips, began whispering about XRP’s secret sauce: who owns it and why they’re not fleeing like scared bunnies.
“Bitcoin is permissionless bearer money, in effect, a realization of the cypherpunks’ bearer ecash ideas,” Back mused, as if unraveling a cryptographic sonnet on X. 📜
So, remember when the Solana ETF was the life of the party in October? No? Well, that’s because the enthusiasm has already turned into a wallflower. After peaking with an impressive $69.45 million on October 28, and then a slightly fancier $70.05 million on November 3, the inflows have fallen off a cliff. The latest $6.78 million on November 10? Yeah, that’s a sign of waning excitement. The crypto crowd is yawning.
Crypto.com inked a handshake agreement with the Sui Foundation, a crew devoted to making the Sui network the talk of the town. This partnership promises to elevate the art of storing SUI tokens to such dizzying heights of security, one might think the coins are hiding in a squirrel’s nest. And for liquidity? Well, they’ve got more flow than a Mississippi steamboat in springtime. 🚤
This exchange kicked off after the notorious Jack Dorsey shared a tweet announcing that Square had now rolled out Bitcoin payments for its 4 million U.S. merchants. A move that seemed to say, “Hey, let’s throw Bitcoin into the real-world payment blender and see what happens.” And to sweeten the deal, these businesses can accept Bitcoin with absolutely no processing fees until 2027. You heard that right – 2027, like the future, future.
The market, ever the patient spectator, is now fixated on this very level, as our dear cryptocurrency hero attempts to rise from its ashes. And of course, what could possibly aid this noble struggle? Why, none other than the renewed optimism surrounding the U.S. government’s miraculous avoidance of a shutdown-because nothing says ‘market confidence’ like bureaucratic survival! 🎭
Their coffers’ depletion expanded to a staggering $266.7 million, or $1.28 per share, a figure so alarming it would have even the most stoic of London society ladies gasping for breath. This was a marked improvement from the mere $50.1 million loss of the previous year, though analysts had dared to hope for a more modest deficit of 25 cents per share. Revenue, however, did double to $169.7 million, a modest triumph overshadowed by their financial woes, while adjusted Ebitda flipped to profit-a twist as unexpected as a proposal from Mr. Wickham.
This ain’t your grandpappy’s ICO. Coinbase’s disclosure is like a spotlight on a cockroach-infested kitchen-you can’t unsee it. For the first time, a bigwig institution’s laid out the whole shebang: the names, the loans, the durations. Even the third-party watchdog, Coinwatch, is on the prowl to keep these market makers in line. 🐕
In a post dripping with self-congratulation, the Foundation trumpets the news: “Developers, analysts, and enterprises may now query Hedera’s transaction history with the same ease as Bitcoin, Ethereum, and other plebeian chains.” 🍾 How very convenient for them! HBAR’s ledger data now rubs shoulders with the industry’s darlings, though one wonders if it will ever truly fit in. 😏