So, Hyperliquid Strategies, this new digital asset treasury company, has filed an S-1 with the SEC. They want $1 billion. For what? To buy HYPE. Yes, HYPE. Not Bitcoin, not Ethereum, HYPE. Because why invest in something stable when you can chase the next big bubble? 🧨
Now, CPOOL, that’s an institutionally charming project all about giving institutional borrowers unsecured loans via blockchain-based credit pools, so you’re not just a pretty face. And lo and behold, your announcement of a double listing took off like my weekend after Tweeting my latest misadventures. Just to recap, let me throw some numbers your way: A trading volume boom of 2,500%! 🎉 Your market cap didn’t just flex, it shattered a ceiling, reaching a dazzling $139 million. Well done, CPOOL, you’ve officially become the darling of DeFi tokens overnight! What’s next? A cameo on Dragon’s Den? 🐉
So, Forward Industries (you know, the Nasdaq-listed juggernaut) has announced the creation of its very own crypto advisory board. It’s a bold move, involving 25 of the most “esteemed” financial minds-because what says “success” like a boardroom full of experts, right?
The financial terms were not disclosed, but the deal will be financed through a combination of cash and equity. According to Bloomberg, the transaction is expected to close by the end of the year. Because nothing says “trust us” like a vague timeline and a handshake 🤝💸.
Despite racking up a hefty $45,000 in server costs (oh, the audacity!), the ambitious yet terribly inefficient culprit pocketed a grand total of… wait for it… less than $6,000. Oh, the joys of economic desperation – when you want to steal but are tragically terrible at it.
Ethena (ENA) has mounted a splendid soap opera come-from-behind, following its ignominious plunge earlier this month. On October 10, the token nosedived to $0.14, unleashing a cascade of liquidations across the grand exchanges, as if the financiers couldn’t bear the suspense. But oh, the irony: institutional investors, those pompous knights in shining armor 🤡, swiftly descended, hoisting the token nearly 200% from its depths.
This is a big win for both Lido and Chainlink-think of it as the coolest party where all the tech superheroes hang out, high-fiving over seamless cross-chain staking. No more jumping between chains like a caffeinated kangaroo, folks. 🤸♂️
Cryptocurrency exchange Kraken, that elusive cephalopod of the digital realm, is reportedly whisking its staff to a sun-drenched Caribbean isle in January-a lavish team-building exercise timed perfectly with its U.S. listing ambitions. Sources insist this is purely professional development, not an excuse to avoid answering questions about their Q3 layoffs. 🐙
Today, the grand illusion of stability crumbled, the Fear and Greed Index descending into the abyss of fear-a number so ominous, one might think it was a typo, yet it’s deadly real at 29. The market’s pulse: irregular, battered, and profoundly ticked off-like a madman clutching at straws in the storm.
RSI lounging at 56 and inching towards a DMI crossover-fingers crossed for a cheeky retest of $2.50 if the momentum doesn’t fizzle out like a dud firework. 😏