In a move that could make even the most seasoned investors raise an eyebrow, Naver Financial has joined forces with Dunamu-the proud operator of Upbit. How, you ask? A stock swap, of course! Forget cash; let’s play this financial game like it’s Monopoly, but with way more zeros. This deal gives Naver control of the biggest crypto exchange in the land. Talk about a power play! ⚡
Kwame Asante planted 500 trees in Ghana, and now he’s waiting for his paycheck like it’s a Netflix series. 8 months later, still no cash. 🌍💸 #TreeHuggerStruggles
In a move as bold as a peacock in full plumage, Brazil’s new provisional measure has taken the audacious step of taxing those elusive, undeclared digital trinkets. The proposal, a mere 7.5 percent, is aimed at those virtual assets that have slipped through the cracks of honesty-or, as some might say, the velvet pockets of the crypto elite. 🕵️♂️💎
In a partnership as unexpected as a summer frost, SharpLink has joined hands with Superstate, a financial technology firm with a name that sounds like it belongs in a dystopian novel. Together, they plan to tokenize SharpLink’s Nasdaq-listed stock, SBET, through Superstate’s Open Bell platform. “A technological achievement?” mused co-CEO Joseph Chalom. “Nay, it is a manifesto, a declaration that the global capital markets are now a stage for the absurd!” 🎭
Solana’s futures’ open interest hits record 71.8 million SOL as the market leans bearish.
Crypto analyst Meliketrader has shared a chart on TradingView that’s about as grim as a rainy Tuesday afternoon. It shows the formation of a classic Head and Shoulders pattern on the Ethereum 4-hour chart. The left shoulder was visible back in August, with the head popping up just in time for a dramatic end-of-month entrance. The right shoulder made its appearance in mid-September, adding a certain ‘je ne sais quoi’ to the whole mess.
One ETH trader lost a staggering $36.4M in a single liquidation, bringing total losses to over $45M.
Here’s the secret sauce: they’re trying to blend DeFi with traditional trading. Like, why not? If you can’t beat the banks, just dress like one and trade perpetuals 24/7. Oh, and you can earn yield on your collateral? Genius. Because who *doesn’t* want to trade stocks and crypto while getting paid to hold coins? 🤑
Can ETH, with her delicate steps, break past resistance and ignite a bullish frenzy, or will she stumble once more into the arms of despair?
Take a peek at the 4-hour chart for $ETH, where prices have been adhering to the magical rules of support and resistance as if they were following an ancient tome of financial witchcraft. If the bulls can keep the price above that sweet $4,000 level until the Stochastic RSI can drag itself off the floor and get its act together, we might be partying at the $4,200 resistance. Or at least, we’ll enjoy some mediocre nachos in the meantime. 🥳
