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Pudgy Penguins PENGU, now trading at $0.035 after a 7% dip, is akin to a laborer stumbling but continuing the march. The broader chart still shows a steady climb from late August, yet the pullback comes after price tested higher resistance, as if the market is catching its breath before the next charge. Volume remains robust at over $315M, a testament to the fervor surrounding PENGU, despite short-term profit-taking. 📈

Let’s break it down. NVM Ratio slipped to 2.3 (a slight dip, but not a disaster), Exchange Reserves took a hit, and the Long/Short Ratio is 1.20. Translation? There’s some solid confidence towards $123K, maybe even $130K. Who would’ve thought September would be this bullish?

Turns out, their Bitcoin and Ethereum ETFs are the belle of the ball, dominating the market like I dominate a buffet. 🥂 Now they’re sitting pretty with one of their most profitable ventures. Who needs traditional finance when you can just ride the crypto wave? 🌊

August and September witnessed successive all-time highs, no doubt fueled by the latest wave of computing power, freshly deployed like overenthusiastic guests at a garden party. Truly, the blockchain is a place where everyone wants to host, but few want to clean up.

Now, on the 1-hour chart, XRP’s been actin’ like a mule on a bad day-weak downtrend turnin’ into a sideways shuffle. It dropped from $3.08 to a low of $2.976 before decidin’ it’d rather just stand still. Small-bodied candles? Why, that’s the market sayin’, “I ain’t sure, partner.” 🤔📉

According to the latest gossip (read: reports), the fund is managed by AgioFunds TFI SA, a name that sounds like it belongs to a group of penguins in pinstripes. Their trick? They trade BTC futures on the CME, because nothing says “financial innovation” like trading contracts based on contracts. 🏛️

ETH has been kicking it above $4,000 for over a week now, and the bullish crowd is loving it! 🐂 Coinglass’ latest (and quite dramatic) ETH exchange liquidation map could win an Emmy! It shows lots of long positions hanging out between $3,945 and $4,200, nervously tapping their toes. If Ethereum dares to dip into this area, it might just trigger a liquidation party where everyone’s invited-but you bring the snacks! More sell orders could pour in than a family Thanksgiving dinner gone wrong!

But lo! The community buzzes with inquiries: Can MYX sustain this joyous momentum, or shall it tumble down like Icarus into the depths of despair? 🦅

530 million ADA sold by whales in the last 48 hours!

During a recent parley with Fox Business, Armstrong didn’t mince words. He confirmed Coinbase’s grand plan to become a financial Swiss Army knife: payments, credit cards, rewards-all tattooed with crypto’s unmistakable signature.