Ah, Texas. The state that likes everything big – including its Bitcoin investments. The Lone Star State has just become the first US state to buy bitcoin, but hold on, not through some cold wallet. Nope, it went with BlackRock’s spot $BTC ETF. Because, of course, when you’re Texas, you don’t do things halfway. 😉
So, who’s the unlucky hero in this digital-age Robin Hood story? Lachy Groom, a venture capitalist whose pocketbook probably weighs more than most of us’s yearly income. His fancy-pad on Dorland Street, bought for some $1.8 million from none other than Sam Altman’s brother-yes, the same Sam Altman who is busy trying to make sure AI doesn’t take over the world-was the scene of the crime.
Ah, the solemn voices of the so-called analysts now whisper chilling tales. They speak of doom-yes, doom-predicting that Pepe, the prince of pupal hype, might plunge another 60%, perhaps even turn into a puddle of meme-coins before our very eyes. Imagine, a coin once esteemed as a jewel of the internet, reduced to a few microscopic fractions of a dollar, trading at about $0.000004478-like a pinch of digital dust. Its market cap? Less than two billion-barely a rounding error in the grand ledger of fantasies.
But in 2026, merely existing isn’t enough. These exchanges must dazzle, innovate, and occasionally perform miracles-all while regulators breathe down their necks like a mother-in-law at Thanksgiving. It’s not just about trading digital trinkets anymore; users demand more. And by “more,” I mean everything short of a foot massage. 🦶✨
According to reports (because, of course, Texas doesn’t do anything quietly), this purchase went down on November 20, 2025. And how did they do it? By grabbing shares in the BlackRock iShares Bitcoin Trust (IBIT), which lets them dabble in the crypto craze without actually holding the digital coins themselves. Because, who needs the hassle of a cold wallet, right?
Imagine, if you will, Shiba Inu rising from the depths-a mere $0.000008 on November 23-a veritable pauper among digital princes-yet Tuesday saw it stretching its paws to reach $0.0000089. Now, at the time of writing, it still clings to some of its gains, up a modest 4.18%, lingering at $0.0000085. Dare we hope? Or is this merely the trick of the sunlight, mirroring a market gripped by the “extreme fear” that so perfectly suits last week’s sell-off? The future remains as foggy as a winter morning, and the golden cross, some say, is but an old prophet-lagging behind, watching oversold or overbought signals, perhaps chuckling at traders’ impatience.
At present, Strategy proudly holds 649,870 BTC, making it the world’s largest corporate Bitcoin hoard (yay for them!). Their average cost per coin? A cool $74,430. With Bitcoin hovering around $86,900, they’re still ahead-just. But here’s the kicker: averages, my friend, are deceiving little creatures.
Mark yer calendars, folks, ’cause on Dec. 3, Ethereum’s Fusaka hardfork (that’s Fulu-Osaka for them fancy types) is gonna kick the blob space bottleneck right in the britches. Anthony Sassano, the cryptocurrency sage with a Twitter account, reckons this is just what Ethereum (ETH) needs, ’cause it’s bustin’ at the seams like a Thanksgiving turkey after dessert. 🦃🍰
Among the top 15 memecoins, only three-SPX, FART, and B-are showing simultaneous positive gains in both the weekly and intraday timeframes. And here we are, with SPX/USD outshining them all, posting a 20% intraday and an impressive 18% weekly growth, while others are barely scraping a small upside on weekly charts. It’s like watching an underdog rise from obscurity, but this time, it’s a memecoin, and no one really knows why anyone would bet on it. But people are, and it’s all too fascinating to ignore.
A Santiment analyst, on Wednesday, declared over tea that social media was as bearish as a drowned bear in a hailstorm, with various folks declaring it a bear market open house. But, as old Granny Pratchett would say, markets tend to dance to their own waltz tunes-often spinning the opposite way of what everyone screams from the rooftops.
