Okay, so Ethereum is currently doing that thing where it kinda just… hovers. Like a slightly anxious hummingbird. It’s near some “key support levels,” which, let’s be real, is crypto-speak for “please don\’t fall any further.” We\’ve been seeing a lot of volatility, which, honestly, is just a fancy word for “panic selling.” 📉
Analysts, those modern-day prophets of chaos, divide like factions in a madhouse. Some shriek of a bear market’s advent, citing “weak momentum” and “short-term losses”-as if numbers could divine the inscrutable heart of BTC. Others, wide-eyed, whisper of consolidation’s virtue: “Behold, a coiled spring! A surge beyond all-time highs awaits!” 🐻 (Spoiler: They’ve said this since 2017.)
XRPM, trading under the CUSIP 032108375, will debut with a modest net asset value of $750,000 and a mere 30,000 shares on the market. A bold move, no doubt. With a total expense ratio of 0.75 percent, the fund will allow traditional finance to get a slice of the XRP pie, without, of course, dealing with the nuisance of holding the asset itself. And rest assured, according to Cboe, the ETF is totally compliant with the Exchange Act of 1934, so no one can claim this is some kind of wild west operation (well, unless you count crypto).
BeInCrypto sat down with some experts (because, why not?) to figure out why DePIN, crypto’s most useful kid, can’t get any love. Spoiler alert: it’s complicated. 🤷♂️
From North Korea’s “cyber ninjas” (read: hackers in hoodies) to Russian mobsters moonlighting as North Korean weapons dealers, the globe’s worst villains are ditching briefcases for Bitcoin. The Sinaloa cartel? They’re just here for the blockchain buffet. 🌮🔪
So, here’s the deal: crypto trader James Wynn is like, “Don’t buy Zcash. It’s a pump and dump by these influencers. You know, the ones who probably have a spreadsheet of who to sell to next.” 🤡💸
Now, a new wave of platforms is fighting back with an old economic principle: make people pay for attention. Because nothing says ‘serious business’ like charging for a message. 🧠
Behold, the data from TradingView-a modern oracle for those who’ve given up on actual oracles. DOGE lounges near $0.16, flirting with resistance levels like a Victorian debutante at her first ball. The indicators:
Pi Network’s (PI) price action has turned as technically significant as a wizard’s spellbook. The double bottom at $0.21 is holding firmer than a troll’s grip on a bridge toll. Supported by bullish volume, it’s clear there’s demand at these levels-or perhaps just a lot of hopeful miners crossing their fingers. 🧙♂️🤞 With the price reclaiming short-term resistance zones, traders are now perched like vultures, waiting to see if Pi can shift from “accumulation” to “celebration.” 🎉
According to the company’s Monday announcement, these contracts are designed to mimic perpetual futures, with daily cash adjustments that are obviously less tedious than rolling expiring positions. A marvel of modern finance, truly. 🕵️♂️
