Ah, Cardano’s ADA, once the darling of the digital realm, now teeters on the precipice of oblivion like a tightrope walker with a sudden case of vertigo. 🪜💨 Just a moon’s cycle ago, it soared above $1, only to plummet into the murky depths of despair. As the quills of fate would have it, the asset now wallows at a paltry $0.78, a 15% nosedive that would make even Icarus blush. 🦅🔻
The chorus of nine lenders-Unicredit, ING, Dekabank, Banca Sella, KBC Group, Danske Bank, SEB, Caixabank and Raiffeisen Bank International-has formed a consortium to shepherd the scheme. A Netherlands-based company will serve as the windlass and juggle the ropes, according to a Dekabank statement relayed to Bloomberg’s Stephan Kahl, who twirls the news like a baton in a march past. 🎺
Mr. Meliketrader, the crypto sage, has shared a chart on TradingView that reveals the completion of the Testa e Spalle on Ethereum’s 4-hour chart. The pattern began in August, with the spalla sinistra (left shoulder) mid-month, the testa (head) toward the end of August, and the spalla destra (right shoulder) finalized in mid-September. One might imagine the market as a confused hiker, stumbling through a forest of numbers. 🌲
This Gate Layer, built upon Optimism’s OP Stack and fortified by GateChain as its Layer 1, boasts compatibility with the Ethereum Virtual Machine (EVM). A feat, one might say, as elegant as a quadrille performed by the finest dancers of Hertfordshire. 🎩
The sovereign of the cryptocurrency realm has relinquished much of its ground, with bearish forces growing in strength and macroeconomic conditions offering little support, further darkening the mood of the masses.
Buterin, ever the optimist, assures us that PeerDAS relies on “probabilistic sampling of data chunks”-a phrase that sounds less like computer science and more like a dubious gambling strategy. If more than half of these chunks are available, nodes can allegedly reconstruct the remainder via erasure coding, a process so arcane it might as well be alchemy. “This is all new technology,” he writes, with the air of a man who has just discovered fire. “The core devs are wise to be super cautious on testing.” Wise indeed, for what could possibly go awry? 🤔🔥
On September 25, ING, the Dutch folks known for keeping things “official,” dropped a joint statement. Guess what? The euro stablecoin is all set to debut in the second half of 2026. Mark your calendars, folks-better late than never, right?
Coincidentally, Aster’s meteoric rise coincided with its perpetual trading volume smashing records, reaching a jaw-dropping $35.86 billion in 24 hours-enough to make even the most seasoned trader question their life choices. 🚀📈
Because nothing says “I’m a crypto kingpin” like suing a news outlet over math homework. 😂
History, that tiresome old custodian, reminds us that every time SOL sank into this peculiar chamber of oversold air, it rebounded with theatrical gusto – from $155 to $250 in a handful of sessions. Might the same trickster deliver high notes again, driving SOL toward fresh peaks? 😏🔥
