Profit-booking and the ghost of November’s rug-pull now haunt the market. Traders are acting like they’ve been conditioned by a season of horror flicks. But wait-MicroStrategy’s just dropped a new plot twist that makes this 2023 crypto thriller even messier.
“We romanced the blockchain like love-struck youths,” Hoskinson mused, reflecting on the days when Genesis ADA allocation transformed from a risky affair to a profitable love letter for the early crusaders. With a flair typical of old-school camaraderie, he reminded those gathered of the deal sealed with the Japanese, the original benefactors whose investments were the lifeblood of this burgeoning digital ecosystem.
It tracks the LINK spot price plus staking yields. Who cares? Oh, right, traditional investors who want a piece of Chainlink’s oracle network. Because nothing screams “traditional” like altcoins, am I right? 🙄
With the upgraded license, Ripple is stepping up the game for Ripple Payments, its intergalactic end-to-end payment platform. Here’s how it plans to teleport your funds to destinations unknown, using digital payment tokens (DPTs) such as XRP and RLUSD:
The Lazarus Group, that mastermind of chaos, has been linked to crypto heists worth billions! 🚀 From the $1.4 billion Bybit hack to the $30 million Upbit exploit, they’re the Robin Hood of the digital age – but with a much worse sense of humor. 🤖
On a crisp November morn, the SFO, with all the drama of a Victorian melodrama, announced its probe into Basis Markets. Two gentlemen, alas, found themselves in handcuffs, accused of laundering and fraud-a modern-day morality tale, if ever there was one. The raids, conducted with the precision of a society tea party, extended to the genteel abodes of London and the rustic charm of Yorkshire. 🏡🔍
Yet beware, dear reader! These patterns are but fragile mosaics, easily shattered by the fickle gods of liquidity, sentiment, and social media frenzy. The market, that fickle mistress, responds more to tweets and whales than to the ancient secrets buried in technical charts. 🐋💸
On the 1-hour chart, the token experiences a swift downward thrust-nothing too shocking, really. It’s the kind of aggressive selloff that sets the mood for a thrilling ride. After that, the price meanders upwards, but in such a way that only the most patient of traders could find joy in. Higher lows appear, giving the faint impression that the buyers are taking a few tentative steps back into the market.
On Nov 29, analyst Axel Adler Jr. casually dropped a truth bomb on X: Bitcoin might be entering a “prolonged correction” zone. Because nothing says “confidence” like a 200-300 day wait for the next bull run. Who needs excitement when you can have anticipation? 🤷♂️
Crypto analyst Ali recently pointed to exhaustion signals forming on Ethereum’s 1-hour perpetual futures chart on Binance. “The TD Sequential indicator is flashing a sell signal after Ethereum’s recent rally,” Ali noted, referring to the trend-exhaustion model developed by Tom DeMark, which is widely used to identify potential short-term reversals. 🤯 Clearly, the market is now as reliable as a toaster in a hurricane.
