Will Polkadot’s pUSD Be the Hero or the Villain? Find Out! 🤔

But hold your horses! 🤨 There are whispers of impending doom lurking around the corner. You see, pUSD is a fancy over-collateralized stablecoin, completely backed by DOT and taking a spin on the Honzon protocol, which hails from Acala – the very team that birthed the infamous aUSD, a project that went belly-up faster than a pancake on a Monday morning!

Hyperliquid’s New Move: Trading Without Rules? 🚀

In a significant move, Hyperliquid has introduced permissionless spot quote assets on its mainnet. The feature creates automated trading of any token as a quote asset, and the potential for new trading pairs from Dutch auctions. The first stable asset to be deployed under this system is the USDH and HYPE/USDH trading has already gone live. The launch is a significant expansion of the protocol’s decentralized trading functionality and represents a step towards more open and equitable on-chain markets. 🤷‍♀️

Sui’s $4.50 Gamble: Bulls Wrestle Bears in a Crypto Chess Match 🤝💸

The daily chart, a parchment scrawled with the whispers of market forces, reveals a bullish pennant-a fragile truce between ascending trendlines. Should the resistance at $3.50-$3.60 yield, as one might expect when a bear’s grip loosens, the path to $5.35 could unfurl like a red carpet for the ambitious. Yet, let us not forget: markets are fickle lovers, and even the most promising formations crumble beneath the weight of doubt.

Why Cathie Wood Thinks Bitcoin Is Still the King of Crypto 🪙👑

Ark Invest’s illustrious CEO, Cathie, nonchalantly reiterates her faith in Bitcoin’s everlasting reign over the cryptocurrency realm. On the scintillating stage of The Master Investor podcast, she waxes eloquent about Bitcoin’s unrivaled security and its delightful rule-based nature, positing that it could, indeed, serve as a cornerstone for a global monetary system. Remarkably, she emphasizes that Bitcoin holds the dubious honor of being the only Layer 1 blockchain to emerge unscathed from the clutches of hackers – a factoid that sends chills down the spines of Ethereum enthusiasts.

Cyber Hornet ETF Warns: XRP’s Whale Drama Could Sink Your Portfolio 🐳💣

An S&P 500 and XRP exchange-traded fund (ETF) prospectus filed with the U.S. Securities and Exchange Commission (SEC) by Cyber Hornet identifies market manipulation by whales as one of the primary risks associated with the digital asset. According to the filing, all 100 billion XRP tokens in existence were created at the time of the XRP Ledger’s launch in 2012.

🚀 BNB Chain’s Wild Ride: Dethroning Solana with a Wink and a DEX 🌪️

Ah, fees-the silent raconteurs of network activity. They tell a tale of reversal, of Solana’s mid-September dominance ($2.2 million in fees, no less!) now a distant memory. BNB Chain, once trailing with a modest $0.6-$0.8 million, has roared back, its fees surging to $1.1-$1.4 million. What mischief caused this shift? Enter Aster DEX, a nouveau riche in the decentralized exchange scene, endorsed by the ever-looming figure of Binance’s CZ. 🌟