My First Bitcoin, the once-local Bitcoin education initiative sprouted in the vibrant, sun-kissed soil of El Salvador, has now dramatically cut ties with the country’s Ministry of Education. What’s the next big move, you ask? Oh, just a little pivot to global Bitcoin education. No biggie.
Ah, the siren song of DeFi yields! 🦜 A tantalizing 200% APY, you say? Sounds like a wizard’s promise in a world of boring 2% savings accounts. But hold your horses-or rather, your crypto wallets-because the numbers have a nasty habit of telling the truth. 🧮 And the truth is, half of retail investors end up with less gold in their pockets than they started with. Why? Because the math is a harsh mistress, and hidden costs are like the Discworld’s Auditors: they show up when you least expect them and take what’s yours. 💸
According to these so-called “experts,” the Z-Score is at 0.87, which is basically the financial equivalent of a shrug. Meanwhile, the USDT Z-Score has hit 3.87, a number so high it’s probably plotting a coup with the stablecoin. The Relative Z-Score is also playing the field at 3.0, because why settle for one drama when you can have two?
Ripple President Monica Long made a significant announcement. At the Swell conference in New York, she stated the company has “no plans or timeline” for an IPO. This means no intention for the short term. As a result, Ripple will not be participating in other crypto companies going public. A decision as thrilling as watching paint dry, but with more digital assets 💸.
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. 🐢🐆
