qfx Diversification is the new black. Or, in this case, the new green-as in, predictable revenue streams that don’t rely on the whims of a decentralized ledger. AI is the new black hole, sucking in profits with gravitational precision. 🕳️
Behold, the crypto investment funds-those ETFs, the darlings of institutional whimsy-have been abandoned like last season’s fashion. Investors, those fickle courtesans of capital, are fleeing in droves, their deposits vanishing faster than a wit at a dull dinner party. According to the ever-so-serious XWIN Research Japan, this exodus heralds not merely a correction but a structural shift, a turning of the tide toward safer, less thrilling shores. 🌊🤑
For ages, digital assets were thought to be the playground of wild speculators, but Ki Young Ju is here to burst that bubble. According to him, this era of chaos is quietly (and perhaps reluctantly) fading away. In a delightful post on X, he claimed that crypto investors are evolving, becoming…value investors? Surely, we are witnessing the dawn of a new epoch!
Kalshi’s $1 billion raise, a sum so vast it could buy a lifetime supply of existential dread, crowned this era of financial theater. Sequoia, CapitalG, and AI6Z-modern-day Midas figures-lurked in the shadows, their pockets lined with paper promising futures that may or may not exist.
The Essential Joy
CryptoOnchain, that self-styled oracle of on-chain data, proclaims this collapse heralds a new chapter of correction. They gaze into their crystal ball and whisper of a $70,000-$73,000 support zone-a battleground where bulls and bears will duel with the fervor of two dueling Victorians over a misplaced crumpet.
If MSCI insists companies like MSTR are “funds,” passive indexers might stage a dramatic exit, triggering the largest liquidation since your grandma finally cleaned her attic of 1970s taxidermy. 🐾💥
According to the ever-watchful Bloomberg Intelligence analyst James Seyffart, the coming week may well be a carnival of activity, with the Grayscale and Franklin Templeton U.S. spot XRP ETFs expected to make their grand entrance on November 24. 🗓️ One can almost hear the drumroll as the curtain rises.
Apparently, the on-chain activity for SHIB is throwing us a bone (see what I did there? 🐾). According to CryptoQuant, the exchange netflow has taken a nosedive-a whopping -101,387,800,000 SHIB in the last 24 hours. 📉 But wait, isn’t that a bad thing? Not necessarily! This actually means more tokens are being scooped up than dumped, like a Black Friday sale but for crypto. 🛍️💰