Uptober Frenzy: Bitcoin Soars Beyond $116K, Markets Roar
The much-anticipated “Uptober” has arrived, and the momentum is already stirring on the very first day of the month, like a riverboat engine waking from a nap. 😅
The much-anticipated “Uptober” has arrived, and the momentum is already stirring on the very first day of the month, like a riverboat engine waking from a nap. 😅
Alas, the DTCC’s nod is but a prelude, a waltz of bureaucracy before the grand finale. The SEC, that fickle arbiter of fate, remains in the shadows, its verdict a riddle wrapped in a mystery. One might say the ETFs are like lovers’ promises-sweet, tantalizing, yet fraught with uncertainty. 💔
This news has sparked a flurry of emotions in the XRP community. Some folks are all “thank you, David, for everything,” while others are frantically typing “XRP is done for” as if they’ve seen the future. 🙄
Markets Yawn Casual, But Crypto Twitches Like a Devil’s Own Tail
The government, with all the haste one might expect, intends to unveil its first draft bill concerning these won-pegged entities in October. They whisper of protecting the users, a noble aim, certainly, and preventing private issuers from indulging in what they delicately term “seigniorage-like profits.” As if a little profit is a crime these days! 💸
In a shocking twist (that no one saw coming except everyone), the SEC’s Division of Investment Management dropped a no-action letter like it’s a mic at a karaoke bar. Translation: “We won’t sue you… probably.”
It’s a right pickle, isn’t it? These ‘Sharks’ and those silly little ‘Retail Traders’ are having a bit of a fire sale. A most unpleasant spectacle. 🙄
The news sent Robinhood’s stock soaring faster than a Discworld wizard on a failed spell. Shares jumped more than 12% on September 30, giving the company a market value of around $108 billion. That’s enough to buy a small country, or at least a very large hat. 🎩 The stock has climbed over 260% in 2025, which is impressive unless you’re a mountain goat, in which case it’s just another Tuesday. 🐐
Shiba Inu price today is trading at around $0.00001182, slightly below the $0.000012 support band. Sellers remain active just under the 20-day EMA at $0.00001238, while buyers defend the ascending trendline near $0.00001180. Analysts highlight that this level is crucial; holding it may determine SHIB’s next move.
In the brief flickerings of time, specifically upon the 15-minute stage, the action of WIF has been a veritable tempest of sharp oscillations. The token ventured toward the $0.705-$0.710 sanctuary, only to spring forth like a startled hare toward the $0.729 pinnacle. This intraday resurgence whispers that buyers are, indeed, gallantly charging in near the local lows, thwarting any deeper abyss into which they might plunge.