Crypto news

Should the stars align-sustained activity above 1.7 million Active Addresses and a breakout past $3-APT might ascend to $4. But hope, like a Russian winter, is both cruel and fleeting. ❄️

It nosedived 58%, from a not-so-glorious $443 million down to a measly $186 million. Yep, that’s a loss of $257 million – or, as I like to call it, a very expensive lesson in math. 📉

Ah, yes, the grand illusion of bullish recovery-the hope that after we’ve fallen from grace, we can somehow stand up again. Since August’s mid, TRON has been dancing to a doom-laden tune, swaying on the edge of a Fibonacci abyss-still, the possibility of a comeback remains, like a drunken poet clinging to his last verse.

Seventh heaven, or at least seventh protocol, has just announced the launch of the Ethereum Protocol Advocacy Alliance. Think of it as the Avengers, but for blockchain policy-minus the capes, plus a dash of earnest lobbying. The aim? To push ‘pro-crypto’ legislation like a 19th-century baron might push his luck at the card table.

Recent on-chain data from Stalkchain reveals that PENGU has been the most sold token among smart money wallets over the last 24 hours, with net sales exceeding $300,000. This surge in realized profit-taking highlights a wave of short-term exits following recent volatility. 🚀💸

Japanese investment firm MetaPlanet, a name that strikes fear into the hearts of traditional bankers and excitement into the souls of crypto enthusiasts, has pulled off a financial feat worthy of a West End musical. On October 31st-the most auspicious date for anything-they announced a Y15.3 billion loan, using their BTC hoard as collateral. A masterstroke? Perhaps. A recipe for chaos? Possibly. But then again, who needs caution when you’re dealing in cryptocurrency? 💸

The behemoth of Binance, with its omnipotent hand, extended its patronage to the obscure token Momentum (MMT), embedding it within the labyrinthine corridors of its platforms, from the Simple Earn to the treacherous waters of Futures trading. A mere announcement, yet it ignited a conflagration of speculation, propelling MMT to heights previously reserved for the most revered of cryptocurrencies.

The “Quantum Doom Clock” (because nothing says optimism like a countdown to financial apocalypse) bases this on “science.” It claims that in two years, four months, and two days, quantum processors will hit 1,673 logical qubits. That’s enough to turn Bitcoin’s encryption into the digital equivalent of a Post-it note sealed with a kiss. Elliptic curves? RSA? Just fancy math terms for “hope you like losing money.”

Look, we’ve been waiting for this moment – the potential retest of the big $500 mark – a level we haven’t seen in, oh, about 8 years. That’s right, folks, 8 long years. Who’s counting, right? Apparently, the market. It’s looking like ZEC might just do it. It’s got that look in its eye, like the underdog who finally got their act together and is ready to show up at the party.

Tom Lee, the Energizer Bunny of crypto hype, has been bullish since the dawn of time (or at least 2017). His latest? Bitcoin will hit $3 million because “it’s not gold.” Groundbreaking. 🧠💡