GBPJPY

Despite $38M in long positions getting wiped out like a napkin at a spaghetti convention, buyers are holding the line at $170. Bullish? Or just stubborn? 🤔

In a turn of events that no one saw coming (except, probably, anyone with a basic understanding of markets), Bitcoin’s price is heading south, dragging short-term investors with it. The Realized Profit/Loss (RPL) ratio for short-term holders has taken a nosedive, and it’s not pretty. Picture a financial car crash, except in slow motion, and with more spreadsheets.

Donut Labs is cooking up an “AI quant inside a browser”-because who needs bankers when your computer can double as your trading genius? 💻💰

The mighty XRP has taken quite the tumble, dropping by 4.53% just since yesterday-clearly, it’s not having its best week. Don’t you just love the unpredictability of it all?

This windfall, allegedly, stems from WLFI tokens, the TRUMP coin, and the USD1 stablecoin-a trifecta of financial absurdity. 💰🎪

The daily chart, dear reader, is a masterwork of bearish artistry. Bitcoin, that fickle lover, tried to rally from the $103,530 abyss, only to be rebuffed at $114,000 by resistance-a shrewd suitor who knows the value of a good no. The candlesticks? Red as sin, their volume a cacophony of panic. The November 2-3 engulfing candle? A Shakespearean tragedy in four acts, penned by the hand of capitulation.

Binance Futures is throwing in the towel on the USDⓈ-M KDAUSDT, COIN-M AXSUSD, and THETAUSD perpetual contracts. The fun begins on Nov. 6 and 7, so don’t say we didn’t warn you. If you’ve got a position in these, it’s time to panic… I mean, close those positions. 😉

Ah, the whims of fortune! Cipher Mining (CIFR), on a Monday most mundane, sprang forth like a jack-in-the-box, surging 19% upon signing a $5.5 billion lease with Amazon Web Services (AWS). Lo, how the winds of AI infrastructure doth blow, and Cipher, ever the opportunist, doth ride them with gusto! 🌪️💼

Solana (SOL), that once-gleaming star in the crypto firmament, has plummeted by 5.37% in the span of a single day. A modest decline, one might say, yet in this cruel arena, even small wounds fester into gaping chasms. 🩸📉

1⃣ In a bold proclamation, Bitwise CEO Hunter Horsley asserts that within a year, crypto will seep into the very fabric of Wall Street-like cheese into a fondue pot.