In a plot twist that sounds ripped from a financial thriller, they strolled into parliament and proposed that Sweden put its prestigious crown jewels into Bitcoin’s shiny digital vault. Not only that but they also demanded a promise from the government not to reconfigure the rules around the nation’s central bank, ensuring no sneaky digital currency comes slinking in through the back door. 😏
Not all are swayed by the siren song of the bull. Some, like the wise Axel Adler, peer into the abyss of liquidity data and shudder. Behold! The Stablecoin NetFlow to centralized exchanges has turned as negative as a factory owner’s heart. Since September 22, it has dwindled like a worker’s wage under capitalism. Fewer stablecoins are marching into the exchanges, leaving the market as parched as a desert after a revolution. 🏜️
These bots, ever diligent, ever soulless, marched onward as human traders retreated into their September slumber. A chilling thought, is it not? That the very utility of stablecoins, their raison d’être, might be undermined by the very creatures meant to serve them. Oh, the irony! The markets, once a theater of human ambition, now a playground for algorithms. 🤑
MiCA, which kicked into effect in early 2025, is the EU’s first proper crypto regulation. Only a handful of firms-Circle, Robinhood, OKX, and Bybit-have earned licenses so far. It’s the kind of paperwork that can make a person nostalgic for post-it notes. 🗂️✨
Over the eons-well, a decade or two-Bitcoin’s been dubbed “digital gold,” what with its knack for turning pebbles into … well, not quite diamonds, but shiny sats that grow ever heavier in your pocket with barely a wheeze from central bankers. Then, boom! Eric Schmidt, that former Google overlord with a beard probably forged in silicon, drops a thunderbolt in an interview, calling BTC a “remarkable cryptographic achievement” like it’s some spell from the ancient grimoire of math wizards.
Crucial services, those delicate threads holding the tapestry together, fray further. The executive, with a sigh heavy as a Russian winter, warns of layoffs. “If this goes on,” Vice President JD Vance intoned, his voice a mix of fatigue and foreboding, “we’ll have to let people go. Another few days, another few weeks-God forbid, another few months-and we’ll be handing out pink slips like party favors.” 🥳
Blasto, that ever-cheerful prophet of reversals, proclaims $0.6058 as the holy grail for a swing long-oh, what a poetic pivot from the dreary downtrend of late. There, at this technical altar, price once stabilized, luring buyers like moths to a flickering flame, hoping not to singe their wings too badly. 😏
In a move that would make even the most stoic of investors raise an eyebrow, MEXC Ventures has poured an additional $30 million into Ethena, bringing their total investment to a jaw-dropping $66 million. One might say they’ve gone all in, much like a man at a charity gala who’s just realized the buffet is free. 🍽️💸
Yes, despite the market’s sullen mood, some RWA-based tokens have strutted their way to gains, particularly in the past week, as if whispering, “The show must go on!” With momentum gathering like a crowd at a Gogol play, here are three RWA altcoins that deserve your attention in October-lest you miss the grand spectacle! 🎭
The altcoin’s value plummeted like a doomed seagull during the last two shutdowns, falling 12.8% and 12.45%, respectively, raising concerns among traders about the token’s performance during this current shutdown period. 🦉
