FTX’s bankruptcy wasn’t just a minor hiccup – it was the atomic bomb that detonated the fragile ecosystem of crypto. And, oh boy, did it send regulators scrambling like rats in a sinking ship. The world was suddenly awake to the need for transparency. And why not? Who wouldn’t want to know exactly where their crypto was, especially when it wasn’t in their own pocket?
The Yanks, ever the jokers in the deck, dismissed these allegations with the subtlety of a sledgehammer, insisting the Bitcoin was lawfully pilfered in a separate fraud case. This farcical exchange has reignited global anxieties over digital asset sovereignty, as if borders still matter in the age of quantum cryptocurrency.
According to the ever-watchful folks over at TradingView, ZEC’s rocket ride started in early September, breezing past long-term resistance at the $400 mark. But, as is often the case with these things, the thrill has faded, and analysts are nervously eyeing the horizon for signs of a crash.
According to a Forbes report (because who doesn’t love a good money splash), Lighter’s valuation is up to $1.5 billion. Yes, billion. That’s enough zeros to make even the most stoic coder go ‘what am I even doing here?’ And it’s only been a couple of years since its grand debut in 2022.
Alongside a rather terrifying chart of the US national debt now exceeding $38 trillion (because who doesn’t love a bit of debt drama), Pumpius suggests that government stimulus, monetary easing, and corporate spending are about to unleash a flood of capital greater than the rush to buy toilet paper in 2020. Yes, that kind of momentous liquidity surge.
Despite this minor setback, the market’s fervor has surged, with spot trading volume swelling by 23%, as if the very air crackles with renewed hope. Analysts, those modern-day prophets, whisper that this surge signals a return of the speculative masses, their eyes fixed on Bitcoin’s fleeting ascent to $106,000. 🧠
The project, which birthed this token, has been the subject of much discourse, owing to its recent advancements and updates. One might say it is the talk of the town, though the townsfolk remain divided. 🗣️
From the giddy heights of $700-a summit not scaled since the halcyon days of 2018-ZEC has tumbled to a mere $485, a 26% descent that feels less like a fall and more like a dramatic flourish. The crypto cognoscenti, ever the theatergoers, are now abuzz with speculation. To sell or not to sell? That is the question, posed by none other than Arthur Hayes, the erstwhile maestro of BitMEX, whose predictions have been as flamboyant as a peacock’s tail.
This once booming network-where transferring a token could cost a small fortune-has now descended into a land of bargain basement fees. After a year of chaos, the market’s gone into its biennial snooze, and with it, the fees have dropped faster than a rock from a skyscraper. And yes, your average NFT sale now costs less than a fancy coffee, at just around $0.19-perfect for the broke artist or the crypto enthusiast with a sense of humor. 😅
Profit-taking by whales and failure to break above key resistance levels could stall the uptrend. Spoiler: Whales are just giant fish with a pathological need to crash things. 🐠
