Crypto news

Bloomberg’s sage of ETFs, Eric Balchunas, proclaimed on Tuesday that Canary had submitted a Form 8A to the Securities and Exchange Commission the night prior. 📜 This, dear reader, is the bureaucratic equivalent of a trumpet blast announcing the commencement of the show. Balchunas, ever the optimist, suggests the launch could be imminent-“tomorrow or Thursday,” he says, with a wink and a nod. “Not a done deal,” he adds, with a shrug that speaks volumes, “but all boxes being checked. Stay tuned.” 🎭

Oh, the drama! XRP surged a delightful 12% in 24 hours on November 10, 2025, hitting a cheeky $2.55 on Binance. Dominus XRP Syndicate, ever the optimist, tweeted, “Next leg for $XRP has begun. Next target $14.” Cue the applause! 📈 This little rally was fueled by institutional whales scooping up a cool $550 million, because why not splash out on some digital assets? 🐳

On a chilly day, November the 11th, Tether proclaimed the acquisition of wisdom from two of HSBC’s keenest tradesmen. Behold, Vincent Domien, the metal-maneuvering maestro of HSBC, and his companion, Mathew O’Neill, the knight of precious metals in linguist-friendly locales. They venture forth to enlarge the coffers of gold, which presently contain $12 billion.

According to the geniuses at Bitfinex, the macro backdrop is basically a soap opera right now-easing policy, mixed Fed signals, and Jerome Powell whispering sweet nothings about uncertainty. 🕵️‍♂️💬 “Consolidation is the new black,” they say, because apparently, stability is the only thing left to cling to before volatility decides to throw another party. 🎉

The markets, fickle as a summer breeze, hiccupped after a brief rally. Bitcoin (BTC) sits on a fence, Ethereum (ETH) sulks like a jilted lover, and Dogecoin (DOGE) plummets-because of course it does. Cryptocurrency: where volatility isn’t a bug, it’s the whole damn feature. 🌪️

Binance Coin has decided to give us a little hope, reclaiming the $1,000 mark after its brief tantrum. According to Cipher X, it’s like when you lose your keys, but then-boom!-you find them in your bag. Except, instead of keys, it’s a bullish trend. We love a comeback, don’t we?

For Joseph Chalom, Ethereum isn’t just another blockchain. It’s the infrastructure he believes Wall Street will eventually build on… if they ever stop binge-watching “The Office” and actually pay attention. 📺💸

Before now, the government folks had a mighty fine headache about letting folks get rewarded from staking crypto, fearing it might turn these trusts into some sort of taxable corporation. Imagine, the very activity that could turn a modest investment into a pile of loot might now be tax-free, if you follow their rules. Who would’ve thunk? 💼🤷‍♂️

On the fateful Tuesday of November 11, TeraWulf’s financials revealed a plot twist worthy of a Gogol novella: a deliberate pivot from mining to the high-margin allure of AI infrastructure. 📉💸 The firm’s Q3 report, a veritable tragedy in numbers, showed a mere 377 BTC mined-a far cry from the 438 expected by those ever-hopeful analysts. Was this underperformance a blunder? Nay! ’Twas a calculated act of defiance, as uptime plummeted to 70% and the hashrate slithered to 8.5 EH. The rigs, once humming with purpose, were silenced, their energy redirected to the glittering altars of HPC. Mining revenue? A paltry $7.2 million, though the firm doth boast of its maiden quarter’s earnings. 🕯️

This support range was pierced during the October 11, 2025, crypto crash. Since then, ADA has been on a weekly downward spiral, like a sad TikTok trend. 📉 According to crypto analyst Ali Martinez, ADA price must hold its last line of defense around $0.51 to validate a rebound towards $0.7. Because nothing says “rebound” like a 51-cent lifeline. 💸