Cryptonews

Sustained bullish momentum will be crucial for Pi Coin to fully recover from its recent 15% decline. Or, as the universe would say, “Good luck with that.”

Amid the city’s fast pace and the bright halls of the CCIB, bankers, founders, developers, regulators, and investors debated a sector that no longer experiments – it builds.

According to CoinDesk Research’s technical analysis data model, Ether took a 1.5% tumble, with bears outmaneuvering the bulls near critical resistance. A most unflattering performance. 😏

Ah, Bitcoin! That fickle mistress who stumbles in October only to flirt with rebound in December-as predictable as a nobleman’s empty vows! 📉❤️

As of November 11, 2025, the XRP current price is clinging to $2.56 like a toddler to a security blanket, marking a 12% daily gain that’s got investors doing cartwheels (or filing for bankruptcy, depending on who you ask). The broader crypto market has entered a “risk-on” phase because, surprise, the U.S. government shutdown is over-shocking, I know. Bitcoin is climbing above $106,000 like it’s late for a Zoom call, and XRP has finally broken out of its prolonged consolidation phase. Spoiler: It’s just a fancy way of saying it stopped being boring.

The plan, as far as one can ascertain, involves granting slightly more authority to the Commodity Futures Trading Commission (CFTC) – a body, frankly, better known for its obscure regulatory pronouncements than actual market oversight. A brave, if slightly bewildering, decision.

The U.S. Department of the Treasury and the Internal Revenue Service (IRS), in a display of bureaucratic alchemy, have conjured new guidance to define the tax framework for digital asset staking by investment trusts. This policy establishes a “safe harbor” (a phrase that sounds suspiciously like a place where tax lawyers go to meditate) allowing qualifying investment and grantor trusts to stake digital assets under proof-of-stake protocols without losing their federal tax classification. One wonders if the Treasury Secretary donned a monocle to draft this.

This grand design, a golden gift for the masses, though the elite, ever watchful, might find it a trifle, promises at least $2,000 to most adults, a gesture of generosity that would make even the most hardened capitalist blush with its simplicity.

Despite recent dawdling just above $2.2 (as if the market is sipping tea and chatting about the weather), the Elliott Wave, that sneaky old fox, hints XRP is gathering strength for a leap toward $27. A price so lofty, it might make your socks vanish! 🧦

Let’s recap: the shutdown started on October 1 because Congress couldn’t pass a budget. Shocking, I know. 🥱 About 750,000 federal workers got furloughed, and another 650,000 worked without pay. Airports turned into chaos-2,300 flights canceled, 8,000 delayed. 🛫✈️ And let’s not forget the 42 million Americans whose food assistance was on the chopping block. 🍎🚫 But hey, at least our politicians got their screen time, right?