qfx

A colossal long liquidation event has resurrected $110,000 as a new CME gap, a glimmer of hope for bulls who clearly forgot what caution means. 🎢

It seems SBI Holdings is betting the farm on Chainlink [LINK] to unleash crypto mayhem on Asia’s financial playground. And isn’t that just perfect timing?

Now, this leak wasn’t just about moving money about, oh no. It mentioned these ghastly things called ‘biometric identity systems’ – meaning they want to know exactly who you are when you buy a biscuit! The document, so they say, outlines devising a network with compliance, digital IDs, and ‘tokenized assets’ – whatever those are. And tucked right in the middle? XRP, acting as a sort of incredibly reliable bridge. Quite clever, really, if you’re a villain.😈

shorts think it’s a trap, bulls think it’s a buffet. Smart money? It’s betting the bulls are right, probably because they’re tired of losing arguments to algorithms. 🤖

This partnership, dear reader, is not merely a dalliance; it is a grand endeavor aimed at hastening the adoption of blockchain and digital assets across the globe. In simpler terms, they seek to expand the realm of cross-chain real-world asset tokenization. A noble quest, indeed, though one might wonder if they are merely chasing shadows in a dimly lit room.

Ah, Japan! The land of cherry blossoms, sushi, and now… a grand crypto revolution 🍣💰. The Financial Services Agency (FSA) is preparing a sweeping reform package that will combine tax revisions with regulatory upgrades, potentially opening the door to crypto-linked exchange-traded funds (ETFs).

QTUM is currently dancing around the $3.22 mark, up a dazzling 30.06% in 24 hours and a nearly spectacular 53.52% over the past week. With a market cap of $340.61M and a 342.27% increase in 24-hour trading volume to $598.7M, it’s no wonder the charts look like they’ve been hit with a burst of energy from the universe itself. QTUM’s price just broke above the 200-day simple moving average (SMA) at $2.31 and the 23.6% Fibonacci retracement level at $3.11, which means it’s probably feeling pretty good about itself right now.

So, SPX6900 [SPX] did briefly touch the heavens, reaching $1.510, a height it was clearly unequipped to maintain. The volume of trading, naturally, swelled, a boisterous 124.9% increase to $83 million, and the market capitalization rose, however briefly, to $1.4 billion. One observes, of course, that rising volume and market cap often suggest a genuine influx of capital, a state of affairs rarely sustained in these frenetic digital landscapes. 🙄

“Those kinds of fault tolerances are built into the system because of legacy reasons, where systems were not updating in real-time. In crypto, everything has to be real-time, and it’s just a different animal.”

Bitcoin’s [BTC] price action has witnessed fading momentum on its price action recently. Glassnode data indicated that the daily Bitcoin transaction fees, measured on a 14-day average, have dropped to just 3.5 BTC. 📉