Bitcoin, that old grifter with a grin, accounted for half the carnage, leaving longs-those fools who bet on sunshine-scrambling like gophers with their holes collapsing. Shorts? They just stood there, smug as a cat in a sunbeam, pocketing $129.3 million while the rest of us wept into our coffee.
Ubisoft recently delayed its financial report for the first half of the 2025-26 fiscal year, but it’s now available. The report, released before markets opened on November 21st, contains some interesting information, including an explanation of what ‘OT’ refers to.
Glassnode, that oracle of on-chain whispers, has scribbled a new psalm on X: the Mayer Multiple, that peculiar ratio of spot price to 200-day moving average, has crawled back to its lowly perch. It’s like watching a man with a pocket watch and a hangover count every second twice.
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Past livestreams for Infinity Nikki have included four redeem codes, so players can likely expect the same with the trailer for version 2.0.
Coinglass, our modern-day Cassandra, reports that $1B of this carnage occurred in the last hour alone. One imagines traders clutching pearls and muttering “not again” as the charts turned blood-red. Meanwhile, the average BTC ETF investor-bless their optimistic hearts-is currently marinating in losses like a particularly soggy crumpet.
MSCI, that most esteemed of financial soothsayers, has embarked upon a grand quest to determine the fate of firms whose digital assets exceed half their total assets. One might call it a bureaucratic ballet of exclusion! 🕺
Bitcoin’s price dropped like a lead balloon thanks to a long squeeze, where traders holding long positions were hit with a tsunami of liquidations. According to Coinglass, a whopping $443 million worth of long positions were liquidated in just 24 hours, compared to a paltry $26 million in short positions. Those long holders were probably cursing their luck as they watched their money vanish into thin air. 💸
Bitwise Asset Management, with a flourish of their quill, has launched the Bitwise XRP ETF upon the grand stage of the New York Stock Exchange. The fund, I assure you, is now available for trading, having navigated the labyrinthine NYSE certification and SEC procedures with admirable aplomb. It is a spot exchange-traded fund, designed to offer investors direct exposure to XRP, the third-most esteemed cryptocurrency. 🌟
From the fourteenth to the sixteenth of November, the Carlos Lopes Pavilion played host to this assembly of those who seek to make a living – or, at least, a passable imitation thereof – by discoursing on the marvels of digital currency. Executives, creators, and others of varying degrees of involvement populated the halls, all ostensibly engaged in pondering the shifting sands of influence and monetization. Such earnestness! 🙄
