qfx Now, the Shiba Inu clan ain’t new to this game. They’ve been torching tokens like a farmer clearing brush, hoping to spark a little scarcity and maybe, just maybe, coax the price back up. It’s a deflationary dance, a desperate bid to outsmart the bear market. But as any old-timer’ll tell you, markets are fickle beasts, and this one’s got a mind of its own.
It seems the fates of those who dabble in crypto schemes are as predictable as a Wodehouseian plot-full of twists, double-crosses, and a most agreeable turn of events for the authorities. Magdaleno Mendoza, a senior promoter in the notorious IcomTech cryptocurrency Ponzi scheme, has been sentenced to 71 months (5 years and 11 months) in prison. One might say it’s a fitting end for a man who, in his prime, could have been a most distinguished stage magician-except, of course, that he chose to swindle the innocent instead of merely distracting them with sleight of hand. 🎩🐇
Mike Selig is now the CFTC Chair, and Travis Hill is FDIC Chair. Together, they’re like the “crypto version of a superhero duo” (if superheroes had spreadsheets and a love for blockchain). 🦸♂️⚡
Yet, as the winter winds turned, whispers of a revival echoed through the cold chambers of December. These hopeful glimmers could perhaps herald a resurgence, much like a character in Dostoevsky seeking redemption come Q1/2026.
Yet, the downtrend, that relentless specter, continues its grim march, unyielding as the winter frost. The long-term structure, once robust, now lies in ruins, and the price, a shadow of its former self, lingers beneath the weight of all significant moving averages. However, the momentum, like a frayed rope, threatens to snap. 🧠
Key Takeaways (or as we like to call them, the CliffsNotes for the impatient):
As if struck by some autumnal magic in December 2025, XRP had been found trodding through the $1.84-$1.90 fields, puffing its chest under the weight of its own hubris or perhaps, just a whiff of Capricorn winds.
2025 has conducted itself rather brutally for crypto. In truth, it has proven markedly more bearish than 2024, that stubborn year which, while not exactly heroic, witnessed Bitcoin [BTC] ending on a respectable note for HODLers and the more energetic traders alike. 🫶
After briefly pretending to have dignity by hanging around $0.1300, DOGE said, “Psych!”, and joined Bitcoin and Ethereum in the pity party. Down it went – through $0.1280, then $0.1250, like a crypto leaf in a hurricane.
Indeed, our Synthetix friends have brought their core trading product back to where it all began. A sentimental journey, perhaps? Or a calculated maneuver? The motives of these digital alchemists are ever shrouded in mystery!
