“Ripple employees will never ask you to send funds, share wallet info, or join investment streams,” the company said. A sentiment as refreshing as a glass of lemonade on a summer’s day, if one were to compare corporate warnings to beverages. 🍋
On a drizzly November 10 (naturally), the Bank of England – yes, that lot in the posh building who somehow still use fax machines – launched a consultation about regulating systemic stablecoins. Because of course they did. Digital money is so 2024, darling, and if we’re going to let crypto bros near our national currency, we’d better have some rules. Enter: The BoE, arms akimbo, ready to save us from ourselves.
Staying above the hundred grand mark is apparently key. If it manages that, things might get a bit livelier. But a proper, solid reclaim of the $108k to $110k bracket? That, my friends, would be a bullish pivot of the sort that sends the financial press into paroxysms of excitement. One mustn’t get one’s hopes too high, of course.
However, with investor inflows still weak, the question remains-can BitMine bounce back this winter? Or shall we all don our coats and prepare for a long, chilly season? ❄️
Crypto analyst @PROGWORX shared a bullish projection for XLM/USDT, suggesting that the token may be forming a multi-stage recovery structure after its recent retracement. His chart highlights a potential short-term consolidation near $0.30, followed by an upward breakout that could drive prices toward $0.38-$0.40 in the coming sessions. 🧙♂️💸
Behold Bitcoin, the crypto titan, lumbering within a range like a bear chained to a treadmill. Traders, armed with coffee and courage, must brace for volatility-a dance of chaos and muted optimism, where hope and despair tango in the shadows of $104.7k. A lesson in humility, perhaps? Or merely another day in crypto’s theater of madness.
In a recent missive on X, the ever-charming Carl Moon waxed lyrical about this asset’s “resilience” (a word I’ve always associated with old boots and bad investments). He declared, with the gravitas of a man who’s seen too many candlestick patterns, that the coin is “looking good here”-a phrase as reassuring as a monocle in a thunderstorm. The internal range POC looms like a party host who’s forgotten your name, but Moon insists it’s a “key mid-range liquidity zone.” How poetic.
The platform is already herding banks and institutional investors like sheep to a particularly shiny pasture, with hundreds of millions of dollars in loan transactions expected to flow through by year-end. John Wu, President of Ava Labs, claims the gateway is like a magical bridge connecting community banks to institutional-grade liquidity via blockchain. Or, as he puts it, “It’s like a toll road, but with fewer trolls.” 🌉💰
Oh, Monday’s crypto rally lasted all of 15 minutes, only for bitcoin to slide back below $104,000 by Tuesday morning. Talk about a tease!
The numbers, courtesy of CoinGlass, reveal that the Shiba Inu derivatives market is not just simmering; it’s practically boiling over. With open interest rising by a staggering 15% on November 8, traders are once again pouring their faith-and their funds-into the volatile abyss of SHIB. Ah, the sweet scent of market speculation, intoxicating as ever. We also saw SHIB breaking past the legendary $0.000010 mark-because, of course, that’s a big deal, right? 📈
