Crypto news

Crypto is a multi-trillion-dollar industry, with 10x, 100x, or even 1000x opportunities just sitting there, waiting for you to throw your life savings at them. What could go wrong? 🤷‍♂️

Grayscale, meanwhile, is sitting there like, “I launched first,” while 21Shares and Fidelity sprint in like they’re late to their own crypto party. And let’s not forget the $30M that poured in on Nov 18-because nothing says “confidence” like throwing cash at a chart while screaming, “I’M NOT PANICING!” 🚀💸

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With Ethereum taking a nosedive of over 20% in what felt like a November to forget, whispers of sell-offs and portfolio reshuffling were as loud as my complaints about the latest New Yorker cartoon.

Meanwhile, in a plot twist worthy of a spy novel, America’s role in the grand Bitcoin race is once again under the spotlight. Enter Mike Alfred, the entrepreneur who seems to think the U.S. prefers to sit back and sip tea while other nations whip out their digital wallets and dive into BTC. It’s as if Uncle Sam is waiting for the world to make a move-like a reluctant player at a poker table, waiting for others to go all in first. 🃏

Zand Bank, that artificial intelligence marvel-so clever it almost forgets its own humanity-has managed to secure a pivotal nod from the Central Bank of the UAE. They plan to launch Zand AED, a regulated, multi-chain, dirham-backed ghost-an echo in the blockchain wilderness. The digital currency, like a ghost in the machine, promises to propel the dirham into this brave new world of digital rails, blending the sanctity of regulation with the chaotic whirl of blockchain speed. Truly, a modern miracle, or perhaps a folly.

In an epoch-making venture reminiscent of a proud Russian steed, Algorand and Noah strive to usher regulated, institutional payments to the whimsical land of blockchain. Algorand developers are now clandestinely privy to Noah’s formidable and governed payment infrastructure, rendering the assemblage decidedly more alluring to the noble builders of our age.

He’s been saying this since 2018, when Bitcoin was a cool $10,000. Back then, McGlone predicted it would drop a zero. And guess what? He was 70% right! The crypto fell to $3,000. So, now he’s just dusting off his crystal ball and telling us the same thing. “I think it can go back to $10,000,” he says with the confidence of someone who’s clearly not betting their savings on it. Classic McGlone, am I right? 🧐

In a chat with Fox Business (because where else would you discuss the future of digital currency?), Scott revealed that negotiations with Democrats have been about as smooth as a porcupine in a balloon factory. Apparently, the Democrats are stalling, which is shocking-SHOCKING-given their reputation for lightning-fast decision-making. 🙄

Data now suggests that nearly half of the XRP supply sits in loss, indicating late buyers face a high risk-though one might argue they were merely seeking a dramatic exit from the financial stage.