Economist and gold advocate Peter Schiff has warned that the U.S. dollar is approaching a dangerous breaking point that could trigger severe inflation, destabilize financial markets, and sharply erode living standards, arguing that the loss of safe-haven status risks cascading economic damage across currencies, bonds, and risk assets. 🚨
XRP has gone on a wild ride, starting its decline below the $1.9350 zone, joining Bitcoin and Ethereum in this sad little pity party. It dipped below $1.90 and $1.880-talk about a downward spiral!
Well, well, well! It appears Ethena’s synthetic stablecoin, USDe, has taken quite the tumble following the crypto market’s spectacular belly flop on October 10. What a show! 🎪
“If one delicately waltzes through the charade of adjusting Bitcoin’s halcyon days to the innocent visage of the 2020 dollar, dear reader, BTC exhibited nary a smidgen of courage beyond the $100,000 mark,” Wyatt the watchful Thorn cheerily divulged on a Tuesday most ordinary.
Back in an earlier AMBCrypto missive, we declared this token was in a bearish slouch. But this 16% bounce? A riddle wrapped in a mystery, sir! It plugged a gap on the 6-hour chart, and even the grumpiest whale sellers couldn’t drown it out. Still, the long game remains a bear’s picnic. 🐻
Once upon a time, global banks were wrinkled up like old laundry when it came to digital goodies. But guess what? JPMorgan Chase & Co. might just be contemplating setting up a nice little shop for institutional clients who are hungering for some crypto bites. A cheeky whisper from Bloomberg on Dec. 22 reached our ears, and suddenly, it’s as if Wall Street and digital goldsmiths are on speaking terms!
In a stroke of bureaucratic genius, the Bank of Russia has unveiled its latest masterpiece: “Cryptocurrency Access: The Deluxe Limited Edition.” Both the financially sophisticated (qualified investors) and the financially curious (non-qualified investors) are now permitted to dabble in digital assets-though the latter must do so while wearing metaphorical training wheels. Non-qualified investors get an annual allowance of 300,000 rubles (roughly enough to buy a decent samovar), while qualified investors may frolic freely-so long as they avoid the forbidden fruit of privacy coins. The proposal, naturally, has been tossed into the government’s lap like a hot potato.
The Highlights, Dear Reader, Are As Follows:
The Ohio site includes 195 acres of land with secured capacity from AEP Ohio, a utility provider serving nearly 1.5 million customers across the state. All utility agreements and interconnection approvals are already in place, positioning the facility to energize in the fourth quarter of 2027. 🚀
Oh, how the digital darling has fallen! Bitcoin, once the belle of the speculative ball, has left investors grumbling like soggy cereal this year. While Gold strutted its stuff and the Nasdaq 100 flexed its tech muscles, Bitcoin hid under the couch cushions. 😴