GBPJPY

According to the ever-optimistic trader Dom (@traderview2), XRP has “reached the 12M rVWAP for the first time this year.” A level, he says, that we “really don’t want to be trading under for too long.” In his cheerful warning, he added that if the bulls lose the 12-month rolling VWAP, we could be heading straight to the $2 mark. You know, the land of “meh,” where things can only go either way. But hey, a quick recovery would need $2.50 to break free of the dreaded danger zone. Can we do it? Probably not. But let’s hope. 🙄

They handed over the keys to the kingdom, using their treasure trove valued at over three billion bucks as collateral-because what’s a little leverage among friends? The magic number – $3.13 billion at today’s rates – and not a single dragon guarding their vault, just Bitcoin’s volatility dancing at a tame 0.8%. Market cap? A cool two trillion dollars-because why not dream big? 💸

Apparently, this shady lot has been funneling loot to Pyongyang’s ahem “weapons programs.” Because what’s more fun than funding a little nuclear, right? The US Treasury, that lovely watchdog, reports that they’ve targeted eight individuals and a couple of entities-because nothing screams “business as usual” like laundering funds via ransomware and crypto thefts. As John K. Hurley, that charming chap from the Treasury, put it: “North Korean hackers steal and launder money to keep the regime’s toys on full blast. Nothing like a bit of nuclear flair to spice up a Monday!” 💥🕵️‍♂️

The Bank of Canada, ever the diligent servant of the state, will spend $10 million over two years to supervise this grand spectacle-only to recoup $5 million annually from the poor souls who dare issue stablecoins. A charmingly convoluted dance of regulation, if ever there was one.

Hold onto your hats, folks-Ethereum has just lost its most reliable ally: the 200-day exponential moving average (EMA). This level, which had been acting as a fortress of support since February, was supposed to keep ETH’s spirits high. But alas, it’s now fallen below this critical line, hovering around $3,518 after weeks of dancing around $3,700 to $3,800. What does that mean? Oh, just that Ethereum’s bullish trend is fading fast. Who needs a break above this EMA anymore, right? No big deal. 😬

Should this miracle materialize, XRP shall ascend to the pantheon of crypto’s elite, rubbing shoulders with Bitcoin and Ethereum. A spot ETF! The golden ticket for Ripple’s devotees, nay, its apostles, to parade their faith in the holy ledger.

Accumulator wallets, those voracious beasts of the blockchain, have devoured 375,000 BTC in a month-a feast fit for the gods of finance! 🦖🍖

While the crypto world is busy sobbing into its ledger, these three troublemakers are throwing a party. 🎉 Let’s dive into their shenanigans, shall we?

So, this Bank Policy Institute (BPI), a banking bigwig, doubles down on crypto alarmism. They warn that a little thing like a $20 billion liquidation cascade-triggered by stablecoin USDe’s depegging on October 10th-could spill into the good old fashioned markets. Lovely image, isn’t it? The crypto ripple turning into a tidal wave of tradition. 🌊

Imagine this: a “Japanese” candidate who can’t speak Japanese. A “remote job” that’s more remote than a hermit crab in a snowstorm. Heiner García, our blockchain Sherlock, exposed this farce by setting up a dummy crypto company. The operative? A master of evasion, vanishing faster than a socialist’s promise. 🕳️✨