As the Federal Reserve prepared to unveil its next move on October 29, risk assets-those fickle paramours of greed-tiptoed upward. The Dow Jones, in a dramatic flourish, surged past 150 points before the curtain fell. The S&P 500, hovering near 6,800 like a moth to a flame, rose 0.4%, while the Nasdaq, with its tech-heavy swagger, climbed 0.8%. A ballet of algorithms.
Institutions are betting on volatility like it’s a game show, while BTC dances between $107K and $122K. Spoiler: No one knows what happens next. 🎲
Why? Well, because nothing says “financial sovereignty” like a pile of digital coins mined from surplus nuclear and hydroelectric power. 🇫🇷⚡ And let’s not forget the forfeited crypto-because who doesn’t love a good treasure hunt? 🏴☠️
Securitize, a company specializing in tokenizing real-world assets (RWA), is going public now. The BlackRock-backed firm is combining with a Special-Purpose Acquisition Company (SPAC). The transaction is valued at a $1.25 billion pre-money equity value by Securitize immediately. 🧙♂️💸
On-chain data, those gossiping harbingers, reveal a surge in the antics of large holders, with wallets brimming with one million or more XRP reaching a zenith of 2,700. These whale wallets, the true masters of the game, now hold half of the circulating supply, a testament to their insatiable appetite. 🕵️♂️
Some of these tokens are driven by fundamentals so strong they could bench-press a blockchain, while others are riding the coattails of whale accumulation and chart patterns that look like they’ve been doodled by a caffeinated trader. ☕ But all three RWA coins are now poised to make November their personal coming-out party. 🎉
In his latest proclamation, Saylor, the Bitcoin messiah, emphatically stated, “You do not sell your Bitcoin!”-a mantra he’s been chanting for years. It’s almost like he’s trying to convince the world that Bitcoin is the holy grail of investments, and not just another passing trend. Well, who can argue with $2 billion in personal holdings? Certainly not me! 😏
One such oracle of crypto wisdom, the enigmatic EtherNasyonaL, has boldly proclaimed that Dogecoin’s third and most electrifying bullish phase is yet to come. His technical analysis-oh yes, the charting masterpiece that all the cool kids are talking about-suggests that the stage is set for another monumental surge. And where is it headed? Above $0.8? Possibly, or should we dare to dream of higher? 🎢
This multi-year rollout is all about “making ETH productive,” which is just a fancy way of saying “let’s gamble with institutional-grade crypto while pretending we’re not terrified.” They’ll dabble in DeFi, play with staking, and maybe even survive. Fingers crossed.
Trump Media and Technology Group, the parent company of Truth Social, Truth+, and Truth.Fi, announced an exclusive deal with Crypto.com’s Derivatives North America (CDNA), a CFTC-registered exchange and clearinghouse.
