On Tuesday, Nicholas Wealth, LLC, in partnership with Tidal Investments LLC, filed two bitcoin-linked ETFs with the SEC – a pair of products that combine quant-heavy engineering with the unmistakable energy of “crypto meets late-night television.” One fund plays bitcoin’s after-hours tendencies like a nocturnal DJ set, while the other is designed to dampen the blow when bitcoin’s volatility decides to reenact a roller coaster. 🎢
In their original thread (posted on Dec. 8, because why not stir the pot before the holidays? 🎄), Arkham claimed to have “deanonymized” Zcash, with a thumbnail screaming “Zcash deanonymization” in letters so big you’d think they’d discovered the Holy Grail. 🏆 The crypto world, being the drama-loving bunch it is, ate it up faster than a goblin with a gold coin. Media outlets and journalists (including the ever-reliable Colin Wu) amplified the message, because who doesn’t love a good scandal? 📰
And who could blame it? With the market grim and the sentiment just as dark, investors-especially those glorious, profit-hungry whales-are fleeing faster than rats off a sinking ship. 🐋💸
Ali Martinez, the crypto equivalent of a fortune teller with a spreadsheet, claims XRP might bounce back to $2.50 by December. Because nothing says “hope” like a graph that looks like a drunk seagull’s flight path. 🐦✈️ But here’s the catch: it has to survive the $1.94 level. Because apparently, numbers have feelings now. 💔
Starting Tuesday, the BITW will be officially “uplisted” (sounds fancy, right?) to NYSE Arca – one of the New York Stock Exchange’s shiny, electronic markets designed for exchange-traded products. This is like the crypto equivalent of being invited to the grown-up table. The fund will now trade as an exchange-traded product (ETP), in case you were wondering what that means. Don’t worry, we’re not all supposed to understand this lingo, just nod and smile.
The latest twist came when Matthew Sigel, a man who probably owns more coffee than Bitcoin, shared a note from Bernstein. The analysts, ever the optimists, claimed Bitcoin’s cycle has broken free from its four-year shackles and is now a lanky, overconfident colt galloping toward glory. 🐎
The cherry on top? A tag to David Schwartz, Ripple’s CTO and the architect of the XRP Ledger, who’s currently playing the role of a stoic king, ignoring the chaos. 🧠👑
According to CoinGlass (because of course, it’s not official unless someone named CoinGlass says so), Shiba Inu’s spot trading volume on Kraken saw a meteoric 154% rise over the past week. Other major exchanges like Binance, Bybit, OKX, and Gemini are also jumping on the bandwagon, showing that maybe-just maybe-the spot buyers are trying to prop up SHIB at a critical support level while the rest of the crypto world is taking a nap.
