Cash App, the financial playground of Jack Dorsey’s Block Inc., has unveiled its grand spectacle: the “Cash App Release.” A cavalcade of 11 new products and 150 improvements, all in the name of creating a financial ecosystem that mirrors the chaos of modern life. Gig work, creator payouts, small business transactions-all are herded into this digital colosseum. But is it liberation or just another gilded cage? 🏛️🤡
So, “solana” means sunshine in Spanish, does it? Jolly good! And what’s sunnier than exchange-traded funds (ETFs) based on the programmable blockchain Solana’s native token, SOL? 🌞 Not much, unless you’re a chap who fancies a spot of rain. Investors have been chucking funds into U.S.-listed spot SOL ETFs like there’s no tomorrow, while giving bitcoin and ether the cold shoulder. Bitwise and Grayscale’s SOL ETFs have raked in $368.5 million since their late October debut, while BTC and ETH ETFs are left nursing their wounds with outflows exceeding $700 million each. Crikey! 📉
In a filing that confirmed the move, it was revealed that the majority of Coinbase’s stockholders were all for it. Talk about a corporate brainwave – or maybe just the promise of warmer weather and a few tax breaks. 🌞
Bitcoin? Oh, it went from $101,000 to $104,000 in the blink of an eye, before calming down again like a toddler who had one too many Red Bulls. Dogecoin? That hopped up almost 5% too, but by the time you could say “Doge to the moon,” it faded away faster than my interest in a 2-hour Zoom meeting.
The plot thickens, my friends. Rising Open Interest, heavy liquidations of longs, and a flood of exchange outflows have turned Canton into a game of short-term risk roulette. Get ready for the ride-who knows where it will end?
The Ethereum Foundation, in a shocking twist, has released a document called the “Trustlessness Manifesto” – because who needs trust when you can have code? 🧠
According to Lookonchain (you know, the Sherlock Holmes of blockchain), this mastermind withdrew 3 million USDC from OKX, split it into 19 wallets like it’s a drug deal, and then went full degen on Hyperliquid. 💼💥 Opened $26 million in leveraged longs tied to HYPE (because who doesn’t love a good POPCAT-denominated perpetual contract?). 🍿
There’s a flicker of hope-if only the big whales decide to stop their belly-flops-otherwise, expect slow and steady like a tortoise with a bad back. A bigger rally? Well, it depends if them whales get tired of splashing around. 🐢🚀
SharpLink Gaming (NASDAQ: SBET) has delivered results that might make traditional investors spit out their coffee. The company announced a staggering $104.3 million profit for Q3 2025, thanks to its ongoing Ethereum treasury strategy (yes, you read that right, crypto profits). The bulk of the windfall came from their very clever approach to Ethereum staking-who would’ve guessed that actually using crypto for something useful might work?
Yet, amidst this glimmer of hope, the on-chain data reveals a most lamentable truth: LINK holders, with a stubbornness born of desperation or madness, continue their relentless selling, as if their very souls depend upon it. Even as the institutional confidence grows-like weeds in a neglected garden-their despair persists.
