Cryptonews

Solana (SOL) token hit $145 today, Nov. 28, up 18% from its monthly low. Why? Because apparently, it’s not just my self-esteem that’s on the cusp of a roughly 80% surge. 😏 Here’s the tea:

The last drop (you know, the one that everyone cried about) hit the 161.80% Fibonacci zone, did a little dramatic bounce, and now it’s too scared to go back. Seriously. XRP has avoided that spot like it’s trying to dodge a bad ex. So, yeah, from this point, the trader’s map to $6 looks like it’s all set. A very promising $5.85 to $6 range, if you’re into that kind of thing.

At the same time, a niche trend of solo mining is emerging, according to Bitfinex analysts who spoke to CryptoMoon. “Despite the new spike in more industrial Bitcoin mining, we would like to underscore the new wave of solo miners and how hobbyist miners are coming back to the market, thanks to improvements in mining pools, efficiency gains and niche strategies,” the analysts said. 🤔 “Niche strategies” sounds like a fancy way of saying “I’m still trying to figure this out.”

Behold, China’s mining sector rises from the ashes like a phoenix-or perhaps a cunning dragon! 🐉 Despite the 2021 ban, new data reveals China now commands 14% of the global hashrate, reclaiming its throne behind the U.S. and Russia. How scandalous!

Dogecoin, poor dear, has extended its decline after yet another rejection at that wretched descending resistance line. Technical analysis, you know, is such a bore, but it does paint a rather gloomy picture. Compressed lower-high rallies? It’s like watching a balloon deflate at a child’s party. 🎈👎

Tony Severino, our resident crypto oracle, is now warning traders to stop worrying about whale activity and start panicking about this “Shark in the water.” His chart looks like a rejected art project from a kindergartener: ABCD harmonic structure, Fibonacci ratios… whatever that means. My cat’s tail twitching is more reliable. Still, he’s dead-set on Bitcoin crashing to $41k, which would make your gains vanish like my willpower on a Tuesday. 😬

Summary

Dunamu CEO Oh Kyung-seok has issued a tearful apology after Upbit’s security breach turned into a 💸44.5B KRW digital heist. “I’m so sorry,” he sniffled, promising full compensation (because what’s a few billion between friends?). The company now claims to be “tightening security” – read: trying not to look like a crypto version of a … Read more

The market, that grand theater of speculation, now holds its breath, wondering if this is but a fleeting encore or the prelude to a grander performance. Recent antics from the whales-those leviathans of the crypto deep-have injected a dose of melodrama into the proceedings. 🎭

The Facts