qfx Travis Ford, founder of Wolf Capital Crypto Trading LLC, was sentenced to five years in federal prison yesterday for his participation in a cryptocurrency investment fraud. As per official documents, he defrauded around 2,800 investors of $9.4 million by promising 1-2% daily returns. (Because who doesn’t want to be Scrooge McDuck in a crypto bathtub?) 🦆💰
In the first 40 days of Trump’s presidency, Bitcoin stumbled out of the gate like a toddler on a sugar high. It fell below the 0% mark almost immediately and kept sliding downward like it had a personal vendetta against the bulls. First, it dipped to -10%, and then it plunged to -20%. All this chaos was set off by Trump’s tariff announcements, making the market feel like it had been kicked in the teeth-despite Trump’s claims of being “pro-crypto.” Apparently, words and policies don’t always go hand-in-hand.
With the cost of electricity hovering at a modest $0.06 per kWh, even the most efficient machines (those paragons of 27.5 W/T) barely sip from the chalice of profit, scraping by at $97,000 per Bitcoin. A breakeven so tenuous it makes a goose chase seem optimistic.
So, Ethereum decided to do a dramatic 10% plunge, because why not? It’s now chilling at $3,150, which is apparently the crypto equivalent of a safety net. Traders are sweating, wondering if this is the rebound party or just the calm before the storm. 🌪️ Meanwhile, the $3,150 zone is like the cool kid at school, attracting all the dip-buyers with its “accumulation base” vibes. 🤑
It’s November 14, 2025, and the crypto market has decided to channel its inner drama queen. 💃 The total market cap just lost $300 billion, dropping to a mere $3.22 trillion. Poor thing. Bitcoin, once the queen bee, is now below $100,000, flailing between $97,000 and $98,400. Someone fetch it a fainting couch! 🛋️ This chaos triggered $1.39 billion in liquidations. Ouch. My wallet just shuddered in sympathy.
TradingView’s dashboard? All “Sell,” darling. Moving averages? Bearish, of course. But TRX is attempting a rebound, like a debutante at her first ball. MACD is flattening, and RSI is hovering at 51-equilibrium, not exhaustion. How très chic. 🌟
The index is sitting at a lovely number-3051.08, to be precise-meaning it’s 2.6% (or a modest -80.64 points for those who like their losses in tangible units) down since 4 p.m. ET on Thursday. Apparently, the market prefers dramatic exits over standing ovations.
So there’s Alibaba, sitting pretty at the crossroads of commerce and technology, pondering if they should swap their F2F handshake for a digital dollar. The big boss, Kuo Zhang, told CNBC they’re playing with these shiny new tools to dodge the slowpoke bank transfers that eat up days and dollars (literally). Nope, no more waiting for the mailman of money to cross borders – now it’s faster, cheaper, and possibly more fun.
The indicators are throwing confetti at this chaos, but let’s not confuse glitter with logic.
On Thursday, the CNB made a bold announcement. They’re putting $1 million into a “test portfolio” of digital assets. No, this is not a prank. The plan is to get their hands dirty with Bitcoin and some other cryptos (which, naturally, they’ve chosen not to reveal – because why share secrets when you’re playing in the big leagues?). And they’ll be doing this for the next two to three years. Fun, right?
