Crypto news

The proposed bill, which was supposed to bring Poland’s crypto market under strict control, was met with a flat rejection by Nawrocki. He labeled the legislation as nothing less than a “dangerous overreach,” claiming it posed a serious threat to personal freedoms and the stability of Poland’s financial system. His office wasted no time in describing the bill as “a real threat to civic rights, property autonomy, and institutional balance.” Talk about playing the freedom card! 😱

Let’s break it down, shall we? On the 4-hour chart, $SOL has been stuck in a depressing descending channel. It’s like the universe was telling it, “You’re just not allowed to go up.” But then-plot twist-it hit this massive ascending trendline, and there’s this gorgeous horizontal support level too. It’s almost like the price was just waiting for an excuse to start climbing again. 🙄

Signed into law by President Donald Trump in July, the GENIUS Act, short for Guiding and Establishing National Innovation for U.S. Stablecoins Act, creates the first federal regulatory structure specifically for stablecoins. 📜

Underneath this crypto slumber party, the balance is tighter than my jeans after Thanksgiving. Technicals and on-chain metrics are whispering, “Downside risk, baby,” unless someone invents a Bitcoin espresso shot to wake this thing up. ☕💥

Enter the hero of this rollercoaster ride: Japanese government bonds. Yes, you heard that right, bonds. Market expert Shanaka Anslem has waved his sword at what he calls “the weapon” behind this latest fiasco. And if you think he’s kidding, think again.

This may signal a bleak prophecy of relative strengthlessness, accompanied by an alarmingly vacant market of Ethena aficionados. Market sentiment, in the hopeful glow of a flickering candle wick, seemed barely tepid, and losses outgrew recovery prospects like an ill-mannered child refusing to tidy their toys after bath time.

According to a pointy-headed caveman from the looooong-forgotten tribes of Lookonchain (who used something called “X posts” to broadcast their findings), BitMine dropped $19.8 million for 7,080 ETH on a particularly dreary Monday. And then, like a parent buying a lottery ticket after losing the last one, they went and grabbed another 16,693 ETH for $50.1 million on Saturday. 🤑

Now, you’d think that the U.S. would be the king of snooping. Well, you’re right, sort of. The U.S. topped the charts with requests, but get this-over half of the requests came from other countries! Germany’s in the lead, making the U.S. look like a bit of an amateur in the world of snooping. 🇩🇪

And lo! It fell beneath the sacred $90,000 gateway, fleeing like a sinner from divine judgment! The $92,000 zone now looms overhead-cold, indifferent, a fortress of rejection. Resistance, they call it. I call it the wall of despair. 😒

Yes, the firm that once viewed Bitcoin with the disdain of a butler spotting dust on the silverware now embraces crypto with all the enthusiasm of a debutante at her first cocktail party. Why the change of heart, you ask? Oh, merely “persistent demand” from investors-translation: We couldn’t ignore the screaming any longer. A spokesperson, bless their diplomatic soul, informed CryptoMoon that crypto ETFs will henceforth be treated like gold-presumably meaning shiny, heavy, and occasionally used in jewelry, though with considerably less aesthetic appeal.