Crypto news

On December 2, during a delightful chat on Bloomberg Crypto, Le regaled us with tales of how Strategy carefully built a $1.4 billion dollar reserve, despite the fact that Bitcoin prices have seen their fair share of dramatic dips. You see, even when BTC prices plummeted from their October peak of $125,000 to a ghastly 17% decline in November, Le kept his cool, explaining that the reserve was there to fund dividends and interest-because, you know, it’s always nice to have a rainy-day fund when your assets are as volatile as Bitcoin.

The annual stablecoin settlement has surged past $50 trillion, a figure so large it makes even the most seasoned investor question the very nature of reality. Meanwhile, euro-backed tokens are spreading across payment platforms like a well-timed whisper at a dinner party-subtle, yet impossible to ignore. Digital assets, it seems, are progressing faster than a man in a race against time, and they’re changing the way money moves. Or, as I like to call it, the way money moves with a sly grin. 🧠

This kind of demand is the type that shows up early when the tides are turning. Traders, in their infinite wisdom, are reading this as a sign that the big players are placing their bets on higher valuations. I mean, they wouldn’t be pumping millions into this thing if they didn’t think it was going to the moon, right?

XRP, that sly little fox, trades near $2.16 today, up 1.28% as if mocking the skeptics. $4.3 billion in volume? A feast for the greedy and the gullible alike. One might call it “stabilization,” but let’s be honest-it’s just the coin gasping for air before its next melodramatic collapse. 🎭📉

In the grimy alleyways of crypto, where hope and despair sip tea from the same rusted kettle, Bitcoin stumbles like a drunkard clinging to the Difficulty Regression Model. At $92,300, the model glares at BTC with the cold eye of a capitalist overseer, whispering, “You’re worth no more than your sweat and electricity.” And there BTC lingers, like a beggar clutching a $20 bill, pretending it’s a fortune.

Some experienced technical analysts who track multi-cycle structure-rather than anonymous social-media posts-note that the current price action still allows room for a short-term rebound, provided that buyers maintain consistency. This view is based on standard technical principles such as support-resistance behavior and momentum oscillators, rather than price calls from individual influencers. 🧙‍♂️

ETH DAT bear continues. 🐻📉

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According to coinglass.com stats, bitcoin’s futures market stands at 646.84K BTC in open interest (OI), valued at $59.74 billion, with a modest hourly wobble but a +2.07% rise over 24 hours. It’s not a cavalry charge, but rather a polite nod from traders who’ve finished their tea and are tentatively stepping back into the fray.