Alas, the market remains as bearish as a socialite at a budget gala. Ethereum, darling, is trapped in a descending channel pattern-so passé! A breakout, my dear, is the only thing that could save this soiree from becoming a snooze fest. 🥱
But hey, some people are still dreaming of a comeback. Like, really? We asked four AIs if ADA can hit $1 by the end of 2025. Spoiler alert: their answers were more confusing than a Seinfeld plot. 🤷♂️
Monad’s Layer-1, with its native $MON token, aspires to be the Usain Bolt of blockchains-swift, low-latency, and ready to conquer DeFi. Enso, ever the enabler, ensures builders can deploy assets with the urgency of a Black Friday shopper. No more waiting for infrastructure; the chain goes live, and so does the party. 🎉
Now, ain’t that a kicker? 🤠 The Ripple CEO himself chimed in, sayin’ these regions are adoptin’ crypto quicker than a cat on a hot tin roof. And why’s that, you ask? Well, in places where inflation’s got folks tighter than a tick and currencies are crashin’ like a barn in a tornado, crypto ain’t just a fad-it’s a lifeline. 🛟
The market, that fickle mistress, remains gripped with fear-it’s almost as if everyone forgot the alphabet of prosperity and replaced it with despair. But Kaspa? Oh, Kaspa dances alone in the moonlight, bucking the trend with a jaunty 27% surge in just a day-trading around a modest $0.0525, as if whispering, “Look at me!” As volumes soared 112% to an astronomical $86.4 million, and the market cap nudged past $1.4 billion, all eyes turned to the spectacle of capitalism in action.
Take a good look at the 4-hour chart, folks. That little snapshot is the secret sauce. If Bitcoin’s going to actually find its bottom, the bulls need to keep it above that fancy trendline like a drunken cat trying to stay in the bed. If it falls below, well, buckle up – we might be on the brink of a lower low, and nobody wants to be the person holding the bag at that moment.
According to crypto.news, Ethereum has been in free fall since Oct. 28, dropping 29% (or 41% from its year-to-date high). 🚀✈️ Trading at $2,926 at press time, it’s managed a slight rebound-up 2% over the past day. Yay? 🥳 Or is this just the calm before the storm? 🌩️
Led by attorney Lee Wolosky (who’s probably earning his weight in gold right now), the victims and their families are pointing fingers at CZ and his crew, claiming they knew exactly what was going on. 🕵️♂️
Amidst the gloom, whispers of a bear market grow louder, and JPMorgan, that venerable institution of finance, is said to have bet against the very ship that now flounders. The crypto market, once a gilded age of prosperity, now resembles a desolate wasteland, with Bitcoin’s price a ghost of its former self, and the broader realm of digital currencies bleeding billions. 💸
Do you recall, in the halcyon days of 2021, when China’s government laid down its infamous edicts against Bitcoin trading and mining? The creativity of the market faltered, the Hasrate cried like a forlorn lover, and mining sought refuge in far-off lands. Let the annals of history remember: China was the belle of the Bitcoin ball before the ban, enviably courting the lion’s share of global mining efforts.