Crypto news

Meanwhile, in the land of crypto dreams, Solana is quietly trying to get its foot in the door with some fancy institutional investors in Brazil via Valour’s Solana ETP (that’s Exchange-Traded Product for those who skipped the finance class). This listing on the B3 exchange could be the equivalent of a warm hug for Solana at a time when the charts are throwing some serious breakout vibes. The burning question? Can this new narrative help Solana shake off the sellers, or are they still throwing a party and not inviting anyone else? 🎉

The man who runs the second-largest crypto exchange by volume (because who needs sleep when you’re trading?) sat down with Lily Liu of the Solana Foundation for a chat that felt less like a tech talk and more like a dusty saloon showdown between innovation and red tape.

By Shayan, the Oracle of Crypto

This “slowdown” might just be the universe’s way of whispering, “Dear investor, perhaps take a break before you turn your portfolio into a modern art masterpiece.” With leverage vanishing faster than a wizard’s socks in a washing machine, Bitcoin [BTC] is now coasting into year-end like a tired tortoise at a footrace-defensive, quiet, and wondering why it signed up.

Hut 8, one of the leading Bitcoin mining firms, has signed a long-term lease valued at $7 billion to develop a large-scale AI data center campus in Louisiana, marking one of its biggest infrastructure bets outside Bitcoin mining. Because nothing says “I’m diversifying” like investing in a building that might outlive the human race.

Pour yourself a cup of the strongest coffee, for Tether, the maestro of stablecoins, has concocted a scheme so bold, so preposterous, it might just work! 🧙‍♂️ Behold, PearPass-a password manager that dares to defy the clouds, as if the heavens themselves were not secure enough! ☁️✋

Now, brace yourselves! Infrastructure overlords Fluidstack shall rent this technological castle while Google, the ever-watchful benefactor, shall splash out the cash if Fluidstack dares to falter. Imagine Google as the fairy godmother waving her wand over this magician’s circus-covering what the clowns can’t pay! 🎪✨

According to Binance’s latest missive, this upgrade may conjure temporary test tokens and trading pairs from the digital ether. These phantoms, they insist, are “dummy” and should be ignored. A bold claim, considering the crypto world is already a carnival of charlatans. Users are urged to resist the siren song of these tokens, lest they fall prey to “malicious actors” who might clone them like a bad TikTok filter. 🤡

On Wednesday, the shares of HashKey Holdings debuted with the pomp and circumstance of a society ball, opening at 6.70 Hong Kong dollars ($0.86). The exchange, in a blog post as florid as a Turgenev novel, proclaimed itself the first publicly traded digital asset company in Asia to go public through an IPO in Hong Kong. “A milestone,” they declared, “marking the company’s entry into a new stage of development.” One can almost hear the rustle of silk gowns and the clinking of champagne flutes. 🥂

As I scribble these words, LINK trades at a modest $12.78, boasting a daily gain of 0.7%. Yet, over the past month, it hath plummeted 9.2%, and in the last week, a full 10%, as sellers guard their resistance like a miser guards his coins. 🛡️💸