Turns out, the big fish (aka whales) and their mid-tier buddies were like, āOh, ADAās on sale? Donāt mind if I do!ā šļø Meanwhile, the selling pressure took a chill pill, with āspent coinā metrics dropping by 51%. Less selling, more holding-classic whale behavior. And letās not forget the $0.70-$0.80 band, the VIP section of the ADA price club that everyoneās trying to get into.
Apparently, Eric’s been chatting with some chaps at World Liberty Financial. They’ve come up with this scheme to ātokenizeā a building – which sounds suspiciously like chopping it up into a million little pieces, only digitally. They want to let you buy a piece for as little as a grand! A grand! For a fleck of a skyscraper. š¤Ŗ
The whole marketās been tossinā and turninā like a feverish mule, and in the middle of it all, one Daan Crypto Trades-self-proclaimed full-time gambler, sorry, *trader*-took to the digital telegraph known as X to declare, with great ceremony, that ETHās open interest now sits at levels last seen when the coin was changinā hands for a mere $3,000. But hereās the kicker: today itās sashayinā around $4,000. That, my friends, is the financial equivalent of wearinā last yearās pants to a barn dance and claiminā youāve lost weight.
As USDT’s dominance slips into history’s dust, the jest of capital may soon take interest in the ornate ballrooms of BTC and altcoins. š©š°
Rippleās not just dipping its toes into institutional-grade DeFi-itās cannonballing into the deep end with Immunefi! On Oct. 13, they announced a $200,000 āAttackathonā to fortify the XRPL Lending Protocol. Because nothing says āweāre seriousā like a six-figure bug hunt. ššø
In the shadowed galleries of digital fates, where tokens dance like leaves in an autumn breeze, XRP whispers of resurrections past, its charts echoing the symphonies of 2017- a time when parabolic dreams soared like rockets piercing the veil of night. Yet, amidst the hum of market tempests, one senses the quiet stirrings of destiny, as Q4 unfurls its enigmatic cloak, teasing yet another crescendo of bullish fervour.
According to the sage cryptanalyst Ali (@ali_charts), the noble $3,900 remains a steadfast support-more reliable than Mr. Bingley’s good opinion-on which Ethereum’s fortunes may quite possibly hinge. Should this level hold, as Ali ardently hopes, then perhaps-and only perhaps-ETH might indulge in a gallant rally toward the lofty sums of $5,000, or daringly, even $6,000! One cannot help but think, with a smirk, that the journey is as romantic as Miss Elizabethās refusal of Mr. Collinsās proposal.
Oh, a delightful courtroom drama unfolds with sentencing scheduled for Qian and her partner-in-crime, Ling, on 10-11 November. Naturally, the whole show will wrap up with a civil recovery and compensation order. How thrilling!
Ah, the CME, with its $28.3 billion in futures open interest, hath surpassed the mighty Binanceās $23 billion and Bybitās paltry $12.2 billion. A triumph, or so they say! š
VanEckās Matthew Sigel, a man who clearly enjoys confusing stock markets for sport, claims this deal is a golden goose for Bitcoin miners. Why? Because apparently, hosting AI computers pays better than mining digital gold. Who knew?
