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In a 24-hour period mostly characterized by boredom with an occasional gasp of volatility, Stellar (XLM) clung to its modest decline, ending Nov. 7 at 14:00 with prices dropping from $0.2705 to $0.2702. Price action was confined to a narrow $0.0109 corridor-because apparently, even crypto prefers restraint.
The big scene happened when Bitcoin dipped below the seemingly indestructible $101,000 – a number as reliable as a weather vane in a hurricane. This triggered a chain reaction, like dominoes crying out for mercy, pushing prices down to a humble $99,200 before the market’s sense of self-preservation kicked in and pushed it back up to around $100,100. Not exactly a rollercoaster designed by a genius, but enough to make anyone who bet the farm consider growing vegetables instead.
With a flourish of regulatory ink and a dash of digital optimism, Kazakhstan aims to modernize its financial system-though one could argue it’s merely attempting to keep up with the rest of the world. 🌍
After what seemed like an eternity of monetary tightening, the Federal Reserve is giving us a juicy surprise – they’re talking about shifting gears from quantitative tightening to more rounds of quantitative easing (QE). In simple words: get ready for those money taps to open up again.
The odds say it’s a coin flip-48% chance of hitting $95K. But with the way things are going, Bitcoin might as well be a turtle racing a cheetah. 🐢🐆
Thursday’s $240 million inflow into U.S. ETFs, according to Farside, marks the first positive flow since Oct. 28-a mere flicker of hope in a sea of financial chaos. 🌊🔥
Dear reader, the air crackles with the madness of crowds. Ethereum, once a titan striding across the blockchain plains, now staggers like Raskolnikov after the axe fell. Yet whispers rise: “The resurrection cometh!” Will this spectral revival lift the humble memecoin from its dung heap?
On the flip side, the on-chain data wizards are waving their spreadsheets around, insisting this is just a healthy sneeze in the grand scheme of things. Ah, the great crypto debate-where everyone’s an expert until the market decides to do the cha-cha. 💃📉
In a bold move that no one saw coming (except everyone who follows crypto, obviously), digital-payment firm Circle has urged the U.S. Treasury to establish clear and uniform rules for payment stablecoins under the freshly minted Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act). Someone’s got to steer this ship, right?
