While a few altcoins have had their fleeting moments of glory in the past 24 hours, it is the native token of the Cronos ecosystem – CRO – that has truly captured the limelight, stealing the show with its extraordinary gains. Bravo! 👏
In this ever-evolving world of technology, where things change faster than you can say “decentralized finance,” institutions are scrambling to secure the future of blockchain in the U.S. The Defi Education Fund, along with a coalition of 112 institutions, is waving the red flag, begging Congress for mercy. Their plea? Provide protection for crypto developers and non-custodial service providers before the whole thing collapses like a poorly coded smart contract.
Raydium [RAY], if you believe these things, has escaped its little pen of sideways movement. It’s like a chicken finally deciding to cross the road! It’s now trading at $3.63, which, frankly, isn’t a bad price for a digital…thing. 📈
As if this weren’t enough, the market capitalization of CRO has now soared to over $11.47 billion, placing it comfortably among the top 20 cryptocurrencies. The trading volumes, oh the trading volumes! They’ve exploded like fireworks on New Year’s Eve, reaching over $2.26 billion, more than double the previous day. It’s as if every trader in the land decided to throw a grand feast in honor of CRO’s ascent.
Yet, beneath this serene surface, a tempest brews. On-chain signals reveal a $109 million cluster of shorts, trembling like leaves in autumn, awaiting liquidation at $0.99. Will they survive? Or will ADA’s ascent crush them like a bear on a picnic? 🍯🐻
Et qui mène le bal, diriez-vous? L’illustre Union Square Ventures, bien sûr, avec l’appui généreux de Haun Ventures, Variant, Coinbase Ventures, et une troupe d’investisseurs angéliques tels que Compound, Rubik, Earl Grey, Cursor Capital, Asylum, Terrance Rohan, Soleio, Furqan Rydhan, Bill Lee, Henri Stern, Elena Nadolinski, Jonah Van Bourg, et Ben Levy. Un véritable cortège de noms qui sonnent comme un opéra de la finance moderne! 🎵
Lo, the trader doth cry: “These exchanges, situated in distant lands, be as hussars of yore-unreachable, unaccountable, and ever ready to pillage!” Yet, he doth offer $250,000 to the brave and $250,000 to the charitable, as if charity were a shield against bureaucracy! 🦁📜
In recent times, Dogecoin [DOGE] has captured the attention of many a discerning investor, particularly after the TD Sequential indicator on its 4-hour chart emitted a most promising buy signal. This delightful occurrence suggests a potential short-term rebound, a prospect that is quite welcome after weeks of a rather melancholic decline. At the moment, DOGE trades at $0.218, nestled comfortably near a key zone of support.
It’s Wednesday (because all regulatory adventures happen on Wednesdays), and the CFTC has confidently rolled up its sleeves and chosen Nasdaq to help hunt down pesky fraudsters. Nasdaq’s surveillance system is so advanced it probably knows when you opened that pointless crypto wallet in 2017 and promptly forgot the password.
Behold! Nvidia reported a staggering $46.7 billion in revenue, up 6% from the previous quarter and a jaw-dropping 56% increase from last year. Net income? A cool $26.4 billion. Yes, you read that right. The company even managed to squeeze out an EPS of $1.08 (GAAP) and $1.05 (non-GAAP). And let’s not forget the profit margin-hovering smugly at 72.4%. Truly, a capitalist’s dream. 🏦
