The price, like a restless river, surged 4% in a day, yet the current remained uncertain, its course veiled in mist. A pullback of 20% over two weeks left the market trembling, as if the earth itself had shaken its head. On October 10, a flash crash low near $0.27 on Binance sent shivers through the crypto fields, a stark reminder of the land’s fickle nature.
But hold on-don’t reach for the smelling salts just yet. It’s not all doom and gloom. Apparently, stablecoins came to the rescue. Who knew they had it in them? Stablecoins, the unsung heroes of the crypto world, swooped in like your dad when you’ve got a flat tire. 👨🔧
This dramatic resurgence, one might observe, coincides with the voracious appetites of crypto whales, those leviathans of the ledger, who have been accumulating LINK with the fervor of a socialite at a Tiffany’s sale. October 20, a date henceforth to be remembered as the “Great Gobble of 2025,” saw these titans of the blockchain withdraw a staggering 6.25 million tokens from Binance, a sum valued at $116.7 million. Truly, the audacity of their wallets knows no bounds! 🐳💼
Now, don’t go mistaking this for a traditional ETF. Oh no, Evernorth’s plan is to boost XRP per share by tossing their treasure into lending and liquidity. It’s like turning a pig into a bank vault-except the pig’s name is XRP. The model’s as old as dirt in finance, but now it’s dressed up in blockchain finery. Seems institutional folks are done just sniffin’ the crypto corral and wanna ride the bull themselves.
Ah, the plot thickens! In a move that surely had their lawyers working overtime, 21Shares has amended its S-1 filing with the U.S. SEC. The goal? To confirm the glorious ticker symbol TDOG for their much-anticipated Dogecoin ETF, which, fingers crossed, will be gracing Nasdaq soon. 🎉
Yesterday, Vitalik, the Ethereum overlord, dropped some serious knowledge on GKR proofs in a guide that practically radiates brilliance. His explanation of this cryptographic gem reveals the engine under the hood of today’s ZK proving technologies. GKR proofs are the unsung heroes behind the breathtaking speed and performance we’ve come to expect from the likes of zkEVM and zkML. Hold onto your hats!
Bitcoin’s realized price ($55K) and RSI are chillin’ like villains, nowhere near the “we’re-on-fire” levels. So, no climax yet-unless you’re talking about a Netflix binge 🍿.
Let’s get real for a second. AWS is the backbone of so many digital lives, accounting for roughly one third of all cloud shenanigans. An outage here is like losing Wi-Fi at a family gathering – pure chaos. So, you can imagine the sheer panic when everyone realized Coinbase was playing hide-and-seek.
After a tumultuous period, Bitcoin, that fickle lover, now whispers of a recovery, with experts claiming the sell-off may have reached a “local bottom.” A bottom, one might ask, or merely a pause before the next fall? 🤷♂️💸
Oh, dear reader, let us not mince words: Blockchain.com, that illustrious purveyor of digital coin and wallets, is said to have engaged in hushed discussions regarding a SPAC listing in the United States, as reported by two anonymous confidants privy to such matters. One might be forgiven for thinking the market’s fickle heart beats to the rhythm of speculative fervor. 🤚✨