Cryptonews

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?

Behold, the liquidity sweep! ARB, with the grace of a startled goose, has reclaimed its lost territories, forming a “textbook reclaim pattern” (a phrase so technical it sounds like a spell from a grimoire). From $0.38 to $0.40, the price wobbles like a toddler on a tricycle, then charges toward resistance like a bull in a china shop-except the china shop is a chart, and the bull is hope. The $0.50 pivot looms, a gatekeeper to a realm of $0.65-$0.70 dreams. Will it hold? Or will it crumble like a stale cake at a funeral?

Behold, two acts of macroeconomic folly threaten to unleash a torrent of liquidity and sentiment so potent, even Bitcoin might blush with excitement. Or collapse in laughter. Who can say?

Hedera Hashgraph, in a bold move of social ambition, hath been added to Google Cloud’s BigQuery public datasets. This means developers, analysts, and enterprises may now peruse the full transaction history of the Hedera network, alongside the illustrious Bitcoin and Ethereum-though one wonders if the latter two will suffer from the company of such a pretender.