Crypto’s Wild Waltz: Musk’s Moves, XRP’s Nasdaq Debut, and $824M Liquidations 🌪️💸

The Fed, in its infinite wisdom, has decreed a 25 bps rate cut, with QT set to conclude in December, a slow drip of liquidity returning to the parched fields of finance. Yet, the traders, those fickle creatures, are more concerned with the immediate flow: SpaceX wallets stirring once more, XRP donning its Nasdaq finery, and U.S.-China headlines whipping up a froth of volatility across all markets-crypto, of course, being the most dramatic of the lot. 🎭

Mastercard’s $2B Crypto Gamble: Zerohash, Seriously? 😅

Zerohash, founded in 2017, specializes in stablecoin/blockchain infrastructure-essentially enabling companies to build their own crypto casinos 🎰. If this deal closes, it’ll be Mastercard’s biggest crypto bet since they tried (and failed) to trademark “BLOCKCARD” in 2018. 🤭

🇮🇳 Crypto Drama: India’s $1.1T Oopsie Moment? 😱

At the Business Standard BFSI Insight Summit 2025 (catchy name, I know), the cool kids in the crypto sandbox were like, “India, it’s time to put on your big kid pants and regulate this mess.” 🩳 They’re not just talking about slapping some rules on cryptocurrencies; they want an INR-backed stablecoin, because apparently, the rupee needs to flex its digital muscles too. 💪🇮🇳

Crypto News: Mastercard’s Crypto Gambit 🎩💰

Mastercard is currently engaged in advanced acquisition talks. The first target is the crypto infrastructure startup Zerohash now. According to Fortune, the deal size of between 1.5 and 2 billion is successfully estimated. Moreover, it is one of the biggest stablecoin transfers made by Mastercard in general. Zerohash is an effective developer of essential infrastructure to institutional clients.

Solana ETF: Fidelity’s Eccentric Dance with SEC!

On the 29th of October, 2025, Amendment No. 4 to its S-1 parchment was proffered unto the U.S. Securities and Exchange Commission-no doubt, a body as enigmatic as the mythical Narodniks. From this day forth, the registration promises automatic effectiveness, much like the wonders of instant transport, provided the SEC’s quills remain idle for twenty terrifying days.