So, here we are. Zcash-remember it? The privacy-focused token that’s had a lot of potential, but mostly just kind of lingered around doing nothing? Well, it’s back in the top 20 cryptos, trading over $600 for the first time since, get this-2018! Which, by the way, was a looooong time ago. Seven years, to be exact. Crazy, right?
One might be led to believe, by whispers in the crypto corners, that Ethena’s charm has washed away by 100% from a lofty September peak. Alas, on Friday afternoon during the Asian musings, it found itself adrift at $0.31, shedding its market distinction from a splendid $3.7 billion to a meek $2.3 billion. 😢
In a dance of diplomacy, Australia waltzes with the United States and South Korea, their steps synchronized to tighten the noose around North Korea’s crypto-laundering schemes. 🕺💼
In a chat with CNBC (because where else would she spill the tea?), Wood admitted, “Stablecoins are like that friend who shows up and takes over the karaoke mic when you thought it was your moment.” 🎤 Apparently, they’re scaling faster than a hot gossip in a small town, and now they’re stealing Bitcoin’s thunder in emerging markets. Payments? Savings? Cross-border transactions? Stablecoins are like, “Move over, Bitcoin, I got this.” 🌍
The Samourai Wallet, designed to give users a little “privacy” boost by splitting Bitcoin transactions into smaller, harder-to-trace bits, was adored by privacy fans. But guess who hated it? Regulators! They said it was a prime tool for laundering dirty money. Imagine that! Allegedly, the service shifted hundreds of millions of dollars in the dark, bypassing all those pesky government rules. Naughty, naughty. 😜
Apparently, a minor dip to $0.065, a hunt for liquidity, as they call it, might be followed by a rather predictable…bounce. A rebound! Oh, the suspense!
They’ve gone full doomsday.)
Bitcoin, ever the unreliable friend, faltered at $104,000, triggering a fresh plunge. It slipped below $103,500 and $102,400, entering a bearish purgatory where hope is a distant memory. 🕯️
Well now, the indicators are a curious case of mixed signals. Exchange reserves are guttering like a guttering candle, while the spot taker CVD has flipped from bearish to neutral-though it seems more like a temporary truce than a royal pardon. Still, neither has managed to halt LINK’s current slump, much to the delight of bears everywhere. 🪶✨
Say goodbye to those pesky high-cost dollar brokers, because OKX is here to save the day with a digital dollar wallet and card that’ll make your Reais do the samba! 🕺💳