At the moment of writing, XRP clings to life at $2.43, down a mere 0.1%-a drop in the ocean compared to its July zenith of $3.85. The token’s descent, a 33% plunge, has left it gasping in the $2.40 support zone, a fortress that may crumble like a house of cards in a hurricane.
Solana has strutted into the spotlight as the most lively bazaar of crypto, according to a report by the all-knowing scribes at Grayscale Research. Users flock, transactions twirl, and fees pirouette-a veritable ballet of numbers, if you will.
But why should you care? Let’s cut through the crypto jargon and get to the good stuff, shall we? 💅
Whales and long-term holders continue to accumulate despite volatility. Probably buying islands next. 🏝️
So, picture this: the momentum is building like a tidal wave, and major asset managers are finally throwing a big crypto party! 🎊 After jumping through all the regulatory hoops, firms like Blackrock, Bitwise, 21Shares, and Wisdomtree are now rolling out the red carpet for retail investors with those swanky crypto exchange-traded products (ETPs) on the London Stock Exchange (LSE). Post your favorite GIF, because this is a watershed moment! The once niche world of digital assets is stepping out from the shadows and into the mainstream limelight.
The world of crypto-integrated payment tools, my dear reader, is a whirlwind of innovation and excess. Gemini, ever the trendsetter, has unveiled its Solana edition credit card, a sequel to its XRP masterpiece. Announced on the 20th of October, this card introduces automatic staking for Solana (SOL) rewards-because who doesn’t adore a touch of passive income? 🤑
Okay, so there\’s this whale, right? On Hyperliquid. A big spender. Apparently, they\’ve decided Bitcoin is going DOWN. Again. 🙄
As per the good folk over at CryptoQuant, our Short-Term Holders – those who keep their Bitcoins for less than 155 days, bless their hearts – are sellin’ below what they paid. Well, slap my knee! That’s a clear sign of capitulation right there! Historically, whenever these poor souls throw in the towel, it usually means the market has hit rock bottom and the stronger hands are ready to pick up the pieces. 🙃
The FCA, ever the fickle friend, has shifted its stance, allowing retail investors to dabble in crypto-linked products. How progressive! Or perhaps just a little too late for the more adventurous. 😏
Chainlink price rebounded today, fueled by its reliable oracles compared to traditional data points. Notably, a DNS glitch in a single data center in Northern Virginia cascaded into global chaos, as AWS powers about 32% of the cloud market. Meanwhile, Chainlink oracles, decentralized and steadfast, continued to operate smoothly, like a well-oiled machine in a world of clowns 🧠.
