Crypto news

While the naysayers are busy declaring Bitcoin’s demise (again), Waterman is waving historical charts around like a magician with too many scarves up his sleeve. Turns out, pullbacks like this are as predictable as a British summer-unpleasant, but hardly unexpected. And here’s the kicker: gold and silver, those shiny relics of financial anxiety, have already hit new highs. Historically, Bitcoin follows suit like an excitable puppy chasing after them. So, if you’re thinking of ditching crypto for gold bars, Waterman suggests you might want to rethink that life choice.

О, the enigmatic Cardano! Since the December 25 low, it has ascended by a mere 13%, yet now it teeters on the edge of a breakout, ensnared within a falling wedge. A mere 10% decline this month-how quaint! But this week, dear reader, is no mere flicker of hope, but a tempest of possibilities. 🌪️

Dearest reader, Ethereum’s Vitalik Buterin has joined the grand debate on AI, declaring the industry’s fixation on autonomous systems is as misguided as a penguin in a sauna. In a series of X posts, he and economist Glen Weyl have penned a manifesto urging humanity to reclaim its throne from silicon usurpers.

“I require Bitcoin to reclaim its $100,000 throne,” he insists, “before I’ll permit myself to frolic in the champagne of momentum. Until then, we’re merely rehearsing for the encore.” 🎭💸

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The $0.12 level, that eternal beacon of hope for crypto traders, remains a critical long-term support level. Or so they say. 🤷‍♂️ A double-bottom pattern is forming, but let us not confuse a hopeful guess with a confirmed miracle. 🧙‍♂️

Behold! The phantom of spot demand haunts the hollowed halls of crypto exchanges, while derivatives squirm like damned souls in purgatory. Low liquidity? A carnival mirror warping reality! 🤪

As of today, December 29, our dear Ripple (XRP) token finds itself trading at $1.8700, which is nearly half of its lofty heights achieved earlier this year. How quaint! 🎈

So, our dear APT took a little nap-down 1.7% to $1.70- catching the market yawn. Unfortunately, it’s underperforming the big, bad crypto crowd, who seem to be slightly more energetic, or maybe just less sleepy. 😴

On the NIGHT/USDT chart, courtesy of the ever-reliable TradingView, the latest candle is sitting pretty at $0.092216, up a sprightly 2.67%. And would you Adam and Eve it? The price is holding firm above the Bollinger Bands basis of $0.085786. That old indicator, always the trend’s trusty sidekick, is lending its support-until, of course, it decides to throw in the towel. 🧢