SEI has practically cornered the market on blockchain adoption like a wolf in crypto clothing. Over 81.5 million users pause at the doorstep of that magical 100 million mark-stay tuned, it’s going to be blockchain-etique.🎩
On a quiet Tuesday, likely over a glass of slightly overpriced mineral water, Ray Dalio-billionaire, philosopher-king of hedge funds, and occasional prophet of doom-wrote a note. Not a letter. Not a tweet. A note. Titled “The Big Dangers of Big Bubbles with Big Wealth Gaps,” because nothing says urgency like alliteration and moral panic. 📝🔥 In it, he revealed what every peasant with a coin jar already suspects: the rich are rich because the poor are poor, and money today is less real than a unicorn’s credit score. 🦄💳
BlackRock, the financial colossus that could make even a humble crocodile accountant blush, dove into the Bitcoin pool not for a fleeting dip, but with the gusto of a truffle-hound on the scent of wisdom. To the average piggy bank’s player, $62 million might seem no more than a pinch, but when the house is cooked by a bear of BlackRock’s size, it sets the whole casino abuzz.
This dramatic sale follows ETHZilla’s daring $40 million ETH dump last October. Evidently, these digital asset treasure chests are feeling more like sinking ships. It’s as if companies are desperately trying to pretend their crypto assets are worth more than they actually are, all while juggling stocks that are trading far below what their underlying assets suggest. What could possibly go wrong? 🤔
Tushar Jain, ever the drama queen, posted on X that “it feels like a big forced seller is in the market,” as if the market were a haunted house and he was the first to scream. “We’re seeing systematic selling during specific hours,” he added, because nothing says “I’m a financial genius” like citing “specific hours.” 🧠
PENGU has waddled straight into its fortress of safety-a demand zone so legendary, it once made the stock market throw confetti. Fyre’s chart shows these penguins defending their base like it’s a royal bakery, repeatedly bouncing between $0.0073 and $0.0075. Momentum indicators? They’re curling upward like a cat chasing a laser. Sellers are losing steam faster than a snowman in July. 🌡️
Michael Salyor’s Bitcoin buying machine could face a reckoning that could wipe out more than 20% of its total market cap. On Wednesday, November 19, analysts at JPMorgan warned of the impending decision that could exclude Strategy (formerly MicroStrategy) from MSCI’s passive funds. 🚨
The move arrives like a snowstorm, just after the company launched its Solana ETF on November 19, a testament to its relentless expansion, as if the crypto gods themselves have blessed its path. ❄️⚡
Alas, macro uncertainty and the Fed’s indecisiveness-imagine a Shakespearean actor tripping over his own cape mid-monologue-threaten to derail this potential rally. 🎭💸