Our trusty on-chain oracles and the mystical charts nod approvingly, whispering sweet promises of continued bullish merriment. Yet, dear reader, beware! All that glitters is not staked gold; there lurks a catch as sneaky as a tax collector at Easter.
In its formal missive dated September 29 (for those keeping track of such thrilling details), the SEC’s Division of Corporation Finance decided, after some thoughtful deliberation, that it wouldn’t be chasing down DoubleZero with any enforcement action. Phew, right? Talk about a near miss! 🎯
Yet, the crypto asset remains entangled in the snares of bearish divergences, a cruel joke that delays the eagerly anticipated Wave 3 breakout, a promise as elusive as a mirage in the desert.
Henley & Partners, that paragon of financial wisdom, and industry trackers, who likely count their own wallets, have crowned Singapore as the #1 crypto kingdom. Meanwhile, the UAE, with its zero-tax sorcery, boasts ownership rates that would make a medieval alchemist weep with envy 🧙♂️.
Iranians, gather around! Your stalwart Central Bank’s High Council unleashed their capricious decree on Sept. 27, throwing the Iranian rial into the shade of a record low-1,136,500 rials per altruistic US dollar. Enter international sanctions, stage left!
BitDigital already clutches over 120,000 Ether tokens, snug in their coat against the digital winter. If their wallets jingle enough, they’ll bolster the stash by 23,714 tokens, all neat and tidy, ahead of crypto peddler Coinbase. Now ain’t that a kicker?
Now, CryptoQuant – the oracle of all things crypto – has some juicy gossip. It’s pointing to more upside potential. Hold on to your hats, folks.
Mark well, on the sixth of February and the first of September in the year 2025, XRP didst enter the realm of “Daily Extreme Fear” and “Daily Fear,” according to the CFGI data. Yet, heed the wise words of experts: these indexes, built upon the sands of market psychology, lack the solid foundation of fundamentals. Their predictive power? As reliable as a quack doctor’s remedy! 🤡
Now, you might be thinking: “Should I short Ethereum?” Well, let me tell you something. Don’t. Just don’t. If you do, you’re clearly not paying attention to the grand drama that’s unfolding before your very eyes. Experts, wise as the prophets of old, are calling this move reckless. Shorting ETH in this market? That’s like betting on the downfall of the Roman Empire in its prime. You’re asking for a disaster. 🚀
Clearer digital asset regulation, highlighted by this week’s high-profile SEC-CFTC roundtable, could strengthen investor confidence. Or perhaps the SEC will finally remember which end of the coin to regulate. 🤷♂️
