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? 📈
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Let’s pause for a moment and reflect on a timeless goal for any token worth its salt: launch on a major exchange. And guess what? DAG is officially on Kraken now, bathing in public glory like a sunflower turning to the sun. Why? Because being listed on such a platform means exposure to a massive crowd of crypto enthusiasts. Visibility, darling. That’s the secret sauce. With this, more people get to touch DAG, and the decentralized network Constellation has tirelessly built grows more secure. A win-win, one could say-well, unless you’re a fan of centralized systems, but who even remembers those these days?
According to the sacred scrolls of the TopMob, the Alpharetta-based, probably caffeinated, digital-asset infrastructure giant-Bakkt-reported a net loss of $23.2 million. But worry not! This was merely due to the dark art of warrant revaluation in the shadowy realm of the 2024 direct offering. The real marvel? Adjusted EBITDA skyrocketed 241% to $28.7 million. Apparently, restructuring costs are just fairy dust-it’s the operational gains that count. Bakkt’s coffers now brim with $64.4 million, and, more impressively, they abolished that dreadful Up-C structure on Nov 3, simplifying governance like a well-bred aristocrat. 🏰💰