qfx The market freak-out after President Milei’s political stumble was, predictably, short-lived. Enter the U.S., stage right, waving its magic money wand ✨. Because why let a sovereign nation suffer when you can just… print more dollars?
M2 Capital Limited, the investment sidekick of the UAE’s M2 Holdings, has just dropped a cool $20 million on Ethena’s governance token, ENA. This grand gesture highlights a noble quest to link Middle Eastern investors to shiny, new digital asset infrastructure. You know, because why not join the global finance party a little late? 🥳
The oracle known as Sykodelic foresaw a descent even further, to perhaps $3,900 in the weeks to come, while doubters courageously whisper of $3,500. “The abyss of Bitcoin is here,” he declared, a cryptic echo, “And Ethereum is nigh on falling into a pitchesque abyss similar to that of yesteryear’s June.” Sykodelic, enigmatic sage of the trends, forebodes a settling $3,900, assuaging us to lay down in wait with calm hearts until such reckoning.
Targeted for launch in the latter half of 2026, which, if you’re keeping track, is exactly 42 years after the invention of the wheel. The stablecoin will offer a strong European alternative to US dollar-based stablecoins, enhancing the region’s digital payment system through blockchain technology for improved efficiency and transparency. Or, as the EU might put it, “We’ve finally managed to make something that works, but only if you ignore the fact that it’s 2026 and we’re still using blockchain.” 🚀
In a twist worthy of a bureaucratic circus, the SEC has shockingly permitted the Hashdex Nasdaq Crypto Index US ETF to embrace a menagerie of digital “assets” beyond Bitcoin and Ethereum. 🎩🪙 Behold! XRP, Solana, and Stellar-previously dismissed as mere sci-fi curiosities-are now deemed respectable companions for your portfolio. 🐉🌌 Investors, prepare to diversify into … Read more
Act I, Scene I
In the grand theatre of September’s Bitcoin options expiry, the bulls have taken the leading role-provided, of course, that Bitcoin maintains the rather ambitious support of $110,000. Quite the feat, indeed.
According to those number-crunching wizards at Glassnode, Bitcoin’s breach of this quantile is like a canary in a coal mine-only this canary’s got a wallet and a bad case of the jitters. If it don’t reclaim that level pronto, we’re looking at a slide down to $105K or even $90K, faster than a hound dog after a rabbit. The price is sittin’ pretty at $112,565, but that’s a 0.48% dip today, and trading volume’s drier than a bone in the Sahara at $49.5 billion. Seems like the market’s got cold feet and a case of the “what-ifs.” 🤔
Yet lo! A glimmer of hope emerges from the cryptic shadows: the blockchain. With its alchemy of open-source code and public ledger sorcery, crypto careers may yet outwit the H-1B lottery. After all, who needs a lottery when you can summon your own “extraordinary ability”? 🚀
