In a world where traditional investing feels like a dull, predictable movie, Graniteshares is here to spice things up with its plan to launch eight leveraged and inverse exchange-traded funds (ETFs). They’re not just dabbling in crypto – they’re going all-in with 3x Daily Long and Short ETFs for XRP, Bitcoin, Ether, and Solana. Talk about betting on the underdog! 🏆
On the evening of October 1, SimpleSwap hosted an electrifying soirée during Token2049 at Moon Rooftop Bar & Lounge, Singapore. The storm outside was nothing short of biblical-rain fell like the heavens had just had enough, and thunder echoed as though Zeus himself had decided to join the party. But inside? The energy was electric. Over 1,200 requests flooded in, and the venue was packed with representatives from Ledger, KuCoin, OKX, Cointelegraph, Trust Wallet, Tangem, and many others-BeInCrypto, naturally, being the official media partner. As the rain poured down, so did the ideas, over food, drinks, and two insightful panels that went on into the late hours of the night.
Falling Open Interest and lower network participation show fading confidence-akin to an audience walking out mid-performance. Could this lead to another downward move? Quelle horreur!
Old TON’s price is currently lounging around $2.77, having taken a 2-3% dip, much like a fellow who’s had one too many at the Drones Club. This minor setback aligns with the broader crypto market’s 2.3% correction, no doubt spurred by those pesky U.S. Treasury auctions and a sudden craving for safer assets. But fear not! This fleeting pullback is about as threatening as a wet sponge in a custard pie fight. Toncoin’s upward trajectory remains as steady as a butler’s hand pouring the morning tea. ☕
Square, the payments arm of Block (XYZ), unveils a merry troupe of tools designed to make bitcoin as easy to handle as a ready-to-wear cloak, letting sellers accept crypto and mind their assets beside traditional ledgers. 🧵💳
Let us pause for a moment to consider the gravitas of this venture. According to a press release (because, of course, they would), the Roughrider Coin is set to launch in 2026. Banks and credit unions in North Dakota will be able to use it to engage in transactions, probably with the same enthusiasm as one would use an umbrella in a hailstorm. And who could forget the high-tech partnership with Fiserv, a payments company that managed an impressive $35 billion in merchant transactions last year? It’s almost as if they’ve combined the power of a solid state bank and a digital giant to create something… memorable.
The grand spectacle took place in the fabulously swanky Nita Mukesh Ambani Cultural Centre in Mumbai. Paroma Chatterjee, the dazzling CEO of Revolut India, was all smiles while acknowledging the superheroes of the financial world: Sohini Rajola from the National Payments Corporation of India (NPCI) and Ramakrishnan Gopalan from Visa. It’s like a techy squad goals moment! 💪✨
Bloomberg, that tireless witness to the arithmetic of vanity, reported on October 8 that this move is no casual impulse but a deliberate intervention to stabilize a token tethered to a ruler of the land. The outcome remains a question carved in chalk upon a blackboard of risk, yet the ambition is colossal, a ladder stretched toward the heavens with rung after rung of currency. 🔎💹
Alas, despite its considerable purse, Tether was cast aside like a forgotten boot during key deliberations and a €110 million funding revelry. Exor, the grand patron, hath already bestowed nearly €30 million, leaving Tether to cry into its crypto wallet. 💸
Bitcoin, that vaunted titan of the digital realm, briefly flirted with the abyss, dipping its toes below the $121,000 mark. Ethereum, ever the dramatic companion, followed suit, shedding its luster and plummeting beneath the $4,500 threshold. Altcoins, those fickle courtiers, registered losses so substantial one might suspect they’d been robbed by a particularly cunning band of digital brigands. 🚀🔻
