They say, the experts, that perhaps, just perhaps, larger individuals-the sort who’ve seen a few cycles, you understand-are quietly gathering. Accumulating. Though one wonders if they aren’t merely rearranging deck chairs on a rather leaky vessel. 🚢
Forget pigeons carrying cash-some Indians working overseas have upgraded to sending money home via stablecoins, because apparently, banks are too 2010. In the last few months, a tiny but feisty portion of remittances has bypassed traditional methods like some kind of financial ninja.
Crypto is basically Monopoly money on steroids-except the steroids are Elon Musk tweets and Reddit hype. A cool $4 TRILLION industry? Sure, why not. At this rate, we’ll all be paying for coffee with Dogecoin by next Tuesday. ☕🐕
The market is still nursing its bruises, like a grumpy old bear after a long winter, yet the narrative backdrop just got more interesting. Last Friday, November 7, Canary Capital teased an upcoming $XRP spot ETF on X, as if dropping a golden ticket into a chocolate factory. 🍫
Trade data reveals that as Bitcoin surged above $106,000, the short orders were crushed, and Wynn’s positions were methodically liquidated across Bitcoin pairs. The series of forced closures began late last night, each position’s liquidation value escalating into the hundreds of thousands. A masterstroke of miscalculation, indeed! 🧠💥
The markets just got a shot of liquid courage, thanks to Trump’s Sunday surprise. He promised a ‘tariff dividend’ of at least $2K, and suddenly, equities and crypto were perkier than a squirrel on a sugar rush. 🐿️🍭
Behold the chosen ones: Bitwise Asset Management (ticker XRP), Franklin Templeton (XRPZ), 21Shares (TOXR), Canary Capital (XRPC), and CoinShares (XRPL). Their names shall be etched into the annals of crypto history, or at least until the next market crash. 📜
Behold, the illustrious Edward Snowden-whistleblower, NSA escapee, and now, inexplicably, cryptocurrency matchmaker-has proclaimed Zcash (ZEC) the “best in this space.” Amidst ZEC’s recent 1,000% price surge (because nothing says “privacy” like a stock-market frenzy), our hero Snowden has taken aim at Monero (XMR), calling its privacy measures a mere “shell game.” One can only imagine the Monero faithful clutching their wallets in existential despair.
Bitcoin, the golden calf of digital wealth, climbed 4.3% in 24 hours, trading near $106,175-a sum so vast it makes the Tsar’s coffers blush. Ethereum, ever the eager pup, hopped 6.9% to $3,620, while XRP, that mischievous squirrel, scampered 9% to $2.46. Solana and BNB followed suit, their prices rising like a peasant’s hopes after a storm. The global crypto market, once teetering on the brink of despair, now dances with a 4.33% rebound, as if the devil himself had slipped a lucky coin into its purse.
