Crypto news

XRP, that fickle darling of the crypto world, has tumbled 7.5% this week, as if the upcoming Ripple Swell event were but a mere whisper in the wind. How quaint! 🍂💔

The mighty CoinDesk 20 index, which is basically the stock market’s rebellious younger sibling, stands at 3627.75, up a solid 4%-that’s a hundred and thirty-eight bucks and some change-since Thursday evening (4 p.m. ET, if you’re into precise timing). Yes, all twenty of these digital daredevils are riding the wave higher.

The ETF chronicles, those meticulous ledgers of investor caprice, unfold with grim eloquence: On the eve of All Hallows’ vigil, October 30, the Bitcoin funds hemorrhaged $488 million, bereft of even a whisper of inflow. Ethereum’s coffers, too, were plundered for $184 million, leaving only the plucky Solana to flaunt a $37 million gain, clinging to its $190 perch with the tenacity of a barnacle on a becalmed bark. 🐌

Now, Bitcoin has had a rather rough patch, with its price descending faster than an unfortunate dinner guest trying to exit through the wrong door. But lo and behold, it has once again found solace at that trusty $106,000 horizontal support level. It’s like that one chair at a party-unassuming, slightly creaky, but it holds up everyone without fail. So, rest assured, no major structures were broken, and as far as the bull market is concerned, it remains intact-for now. 🐂

Sam Bankman-Fried is back, flapping like a startled penguin, insisting he’s innocent (again).

The document, apparently written by SBF (and his “team,” who knows), says that FTX’s epic collapse wasn’t because of a $10 billion fraud-oh no, it was just a “liquidity crisis.” And guess what? He’s convinced it could’ve been “resolved by the end of the month”-if only pesky “external counsel” hadn’t messed things up. You know, the usual scapegoating. Classic SBF.

Yet, amidst this gloom, there glimmers a faint ray of hope. Virtune, in its wisdom, hath embraced Chainlink’s Proof of Reserve, and ONDO hath anointed LINK as the oracle for its tokenized securities. Alas, the path ahead is fraught with volatility, and the fate of this beleaguered asset hangs in the balance. Will it rise like a phoenix from the ashes, or shall it be consigned to the annals of forgotten tokens? Only time, that implacable arbiter, shall tell. ⏳

Yes, ladies, gentlemen, and those who identify as crypto-anarchists on weekends: Hougan thinks Solana could pull off a “two ways to win” move so smooth it makes a magician look like someone who just forgot their wallet. 🪄💸

Bitcoin, the undisputed sovereign of the crypto realm, boasts a $2.3T market cap. It competes with public companies like Amazon and precious metals like Silver. Yet, it operates as if stuck in 2009, with seven transactions per second and fees that rise like a tempest during busy times. 🌩️

What to Know: Old Dogecoin gasped for breath, falling a whopping 5.5% to $0.1843, with the $0.1940 cushion smashed by institutional fur-bangers. 🐾 The trading winds blew a strong 180% surge in volume, singing tales of shifting sands and moving bits in the crypto meadow. Now, the gossip whirs about whether this mighty hound of … Read more