Crypto news

The question gnaws at the soul: Does this mark the beginning of annihilation, or a fleeting shadow before the dawn?

Sony, that paragon of innovation, has unveiled its latest scheme: a U.S.-dollar stablecoin to streamline payments across gaming, streaming, and anime platforms. How very 21st century. According to Nikkei, the bank applied for a U.S. banking license back in October. Furthermore, it will have a subsidiary in charge of issuance and compliance. The bank has partnered with Bastion, a US stablecoin infrastructure provider to ensure smooth operations. One can only imagine the excitement of the PlayStation community as they embrace this digital revolution. 🎮

Apparently, BMNR has a thing for mimicking Ethereum’s weekend drama. It’s like that friend who always orders what you order but then complains about it. 🍷🤦‍♀️

Michael Saylor’s Sunday mood swing from orange to green has Bitcoin Twitter in a tizzy.

Bitcoin’s price dropped below $87,000 after a short-lived try to reach $90,000, causing significant losses across the cryptocurrency market and wiping out almost all of the previous week’s profits.

So, HashKey is the big kahuna in Hong Kong crypto…but their IPO papers? A tragedy! A comedy of errors! It shows they’re PAYING through the nose for this “success.” Honestly, you’d think they were giving the crypto away with a nice side of latkes!

The Spectacular Illusion

Dogecoin, the cryptocurrency that started as a joke and somehow became a serious investment (because, of course, it did), has decided to test the laws of gravity. It’s now trading below the 100-hour moving average, which is technically fancy talk for “it’s going downhill fast.” 📉 Bearish indicators are waving their arms frantically, signaling that things might get worse before they get better-if they get better at all. 🚨

For years, our dear Mr. Schiff has been a one-man apocalyptic choir, wailing about Bitcoin’s inevitable collapse. In 2018, he declared $3800 an “overvalued fantasy” and predicted a descent to $750. Yet here we are, with Bitcoin having danced past $120k before settling at $90k-a 23-fold leap that must’ve made his crystal ball feel rather… fragile. 🎱

In the ever-dramatic world of cryptocurrency, Quant [QNT] dances precariously amidst the market’s twists. As detailed by an AMBCrypto envoy, a significant conjuncture of supply lies just shy of the psychological boundary of $100-oh, how the minds of traders love their round numbers!