Crypto news

Alas, the much-anticipated fireworks of Bitcoin’s year-end gala seem to have vanished like a magician’s rabbit, leaving traders to wonder if Santa forgot his wallet this year. 🎩✨

In the year of our Lord 2009, Bitcoin emerged as a fledgling notion, whispered among the digital cognoscenti like a scandalous secret. No exchanges graced its name, no price could be affixed, and its only “mining” occurred upon the humble home computer-a far cry from the grandeur to come! 🎩

A technical signal has appeared on XRP’s 3-week chart so rare it could make a Vogon poetry reading feel poetic. Analyst Steph Is Crypto, whose name is either a marketing strategy or a cry for help, noted:

In a missive upon X, Cryptollica, ever the sage, declared that Dogecoin stands at the threshold of its bull run, a dance of joy just beyond the veil. The chart, a tapestry of hope, suggests the meme coin may yet soar past the lofty heights of $1. Behold, the cycle fractal, a recurring motif in the grand opera of finance, with four distinct points, each a note in the symphony of wealth! 🎶📈

Oh, what a glorious day for investors! The price of Solana (SOL) has taken a dive, leaving many in a state of existential dread. 😭 2.26% down in 24 hours-what a cheerful little number! 🐄

Cast your mind back to 2021, when El Salvador’s Legislative Assembly, in a fit of what one might charitably call “optimism,” decreed that Bitcoin (BTC) should be accepted by every shop, stall, and street vendor. 🛍️💰 Proponents, no doubt sipping their champagne with a side of moon-shaped glasses, predicted a crypto utopia. Alas, the Salvadorans, a pragmatic lot, seemed more interested in the free $30 pre-loaded into their Chivo Wallets than in becoming Bitcoin barons. 📱💸

His tale was one of strained plumbing, of a financial system gasping under the weight of leverage that had grown fatter than a harvest moon. “The pipes are clogged,” he muttered, “and the markets, like a restless crowd, toss their coins into the void.” The equities, once steady as a river, now danced with the chaos of a storm, while crypto, that wayward child of the digital age, found itself shunned by the very winds that once carried it.

The chart screams “breakdown,” and buying pressure? Well, it’s about as lively as a sleepy sloth. But wait-there’s a tiny outlier, a flicker of hope, or just a cruel joke? That’s the big question of the hour. 🤡

Imagine a giant blockchain crystal ball, and what does it show? A dismal scene of Bitcoin and Ether ETFs shedding their coins like autumn leaves fall. Truly, it’s almost poetic-and by poetic, I mean painfully pathetic. 🌪️

According to the ever-diligent Chosun Daily, 38 of these financial illusionists were arrested for forming a “criminal group” (imagine that!) while 92 others received a polite indictment via owl post, charged with fraud and violating telecom loss-recovery laws. Clearly, the justice system is just so desperate to include everyone in this circus. 🎪