qfx On a Tuesday that could have been just another dreary day, the SEC bestowed its tacit approval upon a 19b-4 filing from Nasdaq, allowing the splendid BlackRock’s iShares Ethereum Trust to offer staking services. Ah, how the tides of fortune shift! Geraci, a watchman of these developments for what seems like a lifetime, claimed this is the last morsel on his November checklist—much like finding the last cookie in a jar. 🥳
PENGU, the beloved offspring of Pudgy Penguins—a name that brings to mind both whimsy and financial shenanigans—reveals a delightful cacophony of signals suggesting a delightful change in fortune. The astute observer, Mr. Ali Martinez, fervently declares that the TD Sequential has delivered its rousing call to action. How terribly exciting, wouldn’t you agree?
Old Trump, bless his heart, saw fit to tap Quintenz, a man of venture capital and fancy policies, to lead the CFTC. A16z, you say? Sounds like a robot uprising in the making… but that’s another story.
The Silver Lining: A Playground for Startups
Cover image from Unsplash, BTCUSD chart from Tradingview
Ethereum (ETH), too, has succumbed to the inevitable gravity, sliding to $3,800—a mere 1% decline, as if to mock our anxieties. XRP follows suit, now trading at $3.10. The altcoins, those hopeful pretenders, echo the downward spiral. BNB, down 2% to $803, and Solana (SOL) sputtering at $181. Even Dogecoin (DOGE), that favored jest of the internet, has lost its grin, falling nearly 5%. And Cardano (ADA), well, it slipped by a modest 1%. Modest for them, that is. 😩 But who are we to judge?
Unlike Bitcoin and Ethereum – those titans of fleeting digital glory – XRP embarked on its decline below $3.30. A deliberate separation from the herd, or merely a different route to the same inevitable outcome? It fell below $3.250 and $3.220, supports as flimsy as promises.
Though the etheric tides show no major gains within the past day, Ethereum (ETH) continues to gleam like a diamond in the cryptocurrency cosmos, basking in a radiant 54% rise over the past month, now floating gracefully at $3,800 (as per the wise sages of CoinGecko).
Hold onto your hats, folks! MARA Holdings’ revenues skyrocketed by a whopping 64% year-on-year, leaping from a mere $145 million in Q2 2024 to a dazzling $238 million! That’s more than a jump on a trampoline at a birthday party! 🎉 And let’s not forget the first quarter of 2025, where they raked in $214 million. Talk about a financial feast! 🍰
The U.S. Securities and Exchange Commission (SEC), ever the master of suspense, has postponed its decision on Trump Media & Technology Group’s Bitcoin ETF. Yes, the final verdict remains as elusive as a cat in a laser pointer chase.
The altcoin, in its usual dramatic fashion, has displayed a growth spurt worthy of a soap opera, but conquering this formidable barrier may well test the mettle of even the most stoic investor. As the financial world watches with bated breath, the next act of this theatrical performance could decide the fate of ETH’s value trajectory.
