Crypto News

Oh, how the winds of change are blowing! In a most thrilling turn of events, Ripple, the clever financial technology company that has long prided itself on its enterprise blockchain solutions, announced on December 12 that it has received conditional approval from the OCC to establish Ripple National Trust Bank. Yes, you heard that right! A federally supervised trust bank, no less! Truly, the dawn of a new age!

The announcement, which popped up on the 12th of December like a particularly jolly Christmas cracker, is part of a larger OCC shindig, handing out national trust bank charters to five digital-asset firms like they’re going out of fashion. Jolly good show, what?

Mark well, dear reader, this approval doth fortify Ripple’s stance in the realm of cross-border payments and digital asset settlements, yet it dangles like a carrot before XRP’s market price, which remains as unmoved as a stoic philosopher. 🥕💤

Jeff Ko, the oracle of CoinEx, whispers that most of us had already anticipated this ballet, with the dot plot subtly hinting at a hawkish encore. A modest $40 billion in Treasury magic trickery was employed-not exactly the grand stimulus opera but enough to make traders clutch their pearls. Meanwhile, markets reacted with the enthusiasm of a cat faced with a cucumber-mildly startled and mildly optimistic-lifting stocks and giving Bitcoin a momentary gasp of hope. 🐱🥒

For days now, SOL has been playing hide-and-seek with the bears below $131, refusing to let them win. The market’s been baking a cake of consolidation, and the RSI? Oh, it’s just sprinkling sugar on top. 🎂

signs are pointing to some positive fundamentals for Shiba Inu, which could mean an epic turnaround. Or at least a decent one. We’ll take what we can get.

Key points:

On the daily timeframe, bitcoin’s trajectory resembles the aftermath of a particularly raucous ball-priced dashed from a peak of £126,272 to a sobering low of £80,537, before retreating to a consolidation near £90,000, as if nursing a hangover. Volume tells a tale of transition: fading red candles and steadier greens hint at accumulation, not apathy. One might say the market is “resting its pretty head.” 🛌

Behold, the numbers: a total of $930 million in assets, yet the daily inflows? A mere whisper of nothingness. While its peers danced with millions, Canary remained still, as if frozen in time, a statue of inaction. 📉

Looking at SOL’s price chart, it’s clear the market is playing a dangerous game of “will it or won’t it?” The support band between $118 and $138.30 is like a poorly designed safety net-just one wrong move and poof, we’re all in the dumpster. 🧨