Stellar’s XLM rose 4% in the last day, lifting from 0.39 to 0.40 with a fleeting nod above 0.41. Volume balloons rose to more than twice the daily average, anchoring at 0.40 and setting the stage for the next verse of the market’s song. 🎶
Apparently, the government’s finest minds are huddled together drafting rules, making sure local mutual funds and institutions get in on the crypto party – according to Bloomberg, who definitely know what’s up.
CME Group said the shift will make its regulated crypto complex “always on,” matching a market that never sleeps while keeping it inside familiar risk rails. It’s Wall Street’s wrapper for a crypto habit. 🧠🧨
The fund, with the gravitas of a 19th-century nobleman dismissing a peasant’s humble pie, positions itself as a counterweight to the West’s venture scene, where valuations soar like hot-air balloons and returns plummet like a dropped teacup. One imagines Lisk sipping tea in a study lined with maps of the Global South, muttering, “Ah, here lies the true gold-buried beneath the rubble of Western hubris.”
This isn’t just a minor inconvenience; it’s a full-blown heist. On Ethereum, MEV is siphoning off 11% of block rewards. In September alone, nearly $300,000 vanished in “sandwich attacks”-a term that sounds like a lunch special but is actually financial sabotage. Large trades in volatile markets? They’re getting hit harder than a piñata at a five-year-old’s birthday party. 🎯💸
The daily chart, that old trickster, broke above the $114,000-$116,000 zone, a feat as surprising as a cat learning to whistle. A green candle, fat and proud, danced across the screen, while volume swelled like a drunk at a party-loud, but perhaps not entirely reliable. One might wonder if the institutions had finally decided to stop hiding behind their desks and join the party.
Folks were buzzing with anticipation that a Solana ETF might pop up this month, but alas, this shutdown could stretch it out to infinity and beyond. Because why rush when you can deliberate over espresso machines? 😏
Now, let’s talk volume-not the kind you turn down when your neighbor’s playing bad karaoke, but the trading kind. According to Coinglass (yes, that’s a real website, not a fancy cocktail), the Shiba Inu trading volume is about as lively as a retirement home bingo night. 🦥 At the moment, it’s hovering around $150 million, which is roughly the amount of money I’d spend on coffee if I were Elon Musk. ☕️ For context, back in September, it was $200 million, which is still less exciting than a Monday morning staff meeting.
“I mean, let’s face it,” she quipped whilst addressing the Cryptosphere at the Token2049 conference in Singapore, “all the indicators are positively bubbling. It’s like the stock market took a bath in hot water and forgot to bring a towel!” 🛁🧐
