Apparently, our favourite gold-bug economist, Peter Schiff (you know, the guy who’s been predicting crypto’s demise since… well, forever?) is having a field day. He’s basically saying “I told you so” with extra emphasis and, presumably, a smug expression. It’s exhausting, honestly. He’s convinced bitcoin is now properly, officially, unequivocally in bear market territory. Groundbreaking. 🙄
Our crypto guru, Matt Hougan from Bitwise, thinks the crypto world’s bottoming out is the buzz I’ve needed to flop on my couch and munch chips in peace.
Open interest has dropped to $690 million, so traders are losing confidence. Can’t blame them, really.
🌍 He claims it’s the ultimate tool for sending money across borders without breaking the bank. And guess what? Big shots are filing for XRP ETFs faster than you can say “crypto”! Traders are on the edge of their seats, popcorn in hand, waiting for approvals by mid-November. 🍿
According to the wizards at Santiment (yes, that’s their name, no jokes here), the mood on social media has gone from “HODL to the moon!” to “Sell! Sell! Sell!” faster than you can say “blockchain.” Their fancy Positive/Negative Sentiment meter-which, by the way, sounds like something a therapist would use-has been working overtime, sifting through tweets, posts, and probably a few angry Reddit threads.
This grand ballet of capital marks a “significant step” toward institutional-grade Bitcoin operations. FUTURE, with the grace of a drunkard on a unicycle, aims to bridge traditional finance and Bitcoin. Their services? Helping institutions adopt Bitcoin as a treasury asset. A noble goal, if one ignores the fact that Bitcoin’s price is more stable than a house of cards in a hurricane. 🏗️🌪️
Let us rewind to that fateful October 11, 2025, the day the crypto world wept as $20 billion vanished in a puff of smoke. Yes, the grand crypto-crash that left traders scrambling, clutching their wallets, their hopes shattered. And yet, here comes XRP, ever the resilient hero, touching that support level of $2.2 not once, not twice, but thrice! Oh, the drama! The suspense! And yet, despite all the hoopla, the resistance level at $2.6 stands tall like an unmovable fortress. The broader crypto-long squeeze has cast its shadow upon our beloved XRP.
Kiyosaki, ever the prophet of “people’s money,” has taken to X (formerly Twitter) to urge investors to buy crypto like it’s the last bag of chips at a party. His logic? Well, he says BTC and ETH are “real financial education.” I’m guessing the syllabus includes memes, volatility, and the ability to panic-sell at 3 AM. 🚨
As Bitcoin struggles to find its footing, there’s an amusing spectacle unfolding in the crypto markets. On one hand, we have the whales-those fat cats of the sea-who are scrambling to offload their precious BTC. It’s as if they’re tossing their golden coins overboard and hoping for the best. And who could blame them? With the price plummeting, it’s either sell or go down with the ship. ⛴️🐋
ETH plummeted to $3,055, wiping out a cool $1.3 billion in long liquidations – talk about a clean slate! 💥💸
