World Liberty Financial (WLFI), that audacious crypto venture with a penchant for presidential patronage, has found itself in a tangle of digital disarray. A subset of user wallets, one might say, were the victims of a particularly sly phishing ploy-just as the platform’s token was poised to grace the launchpad like a debutante at a glittering gala.
The SEC, ever the elusive gatekeeper, holds the key. According to the latest filings, Grayscale updated its S-1 with the SEC on November 3, setting into motion a 20-day countdown that will either reward or punish them. If the SEC remains silent, the filing, like a silent judgment, becomes active on November 24, a day that may very well mark the birth of the Grayscale XRP ETF under the symbol GXRP on the NYSE Arca. A mere ticking of the clock. The anticipation, though… palpable, like a faint whisper of revolution.
Intensifying legislative momentum in Washington is reshaping expectations for U.S. crypto rules. Coinbase (Nasdaq: COIN) CEO Brian Armstrong shared on Nov. 18 on social media platform X that he returned to the capital to continue pushing market-structure legislation, noting that the Digital Asset Market Clarity Act could soon reach the president’s desk. Because nothing says “urgency” like a bill that’s been in the works since 2020. 🕒
On November 18, in a chat with Fox Business, Michael Saylor, the man in charge of Strategy, revealed that Bitcoin’s roller-coaster volatility is, surprisingly, dialing down. In fact, it’s dropped from a hair-raising 80% back in 2020 to a still-bumpy-but-better 50% now. Things are getting “stable,” if you can call Bitcoin anything that resembles stable. 🧐
Because predictable yields are the new black. Move over, Bitcoin-Ethereum’s wearing the suit now. 👔
The company, with a straight face, insists the breach was not a flaw in their architecture but rather the work of external malcontents. Phishing, they say, and third-party lapses-not their doing, oh no. 🦹♂️
Now, amid the chaos, some folks are whispering about a potential recovery. Because obviously Ethereum’s about to bounce back-because what’s a 40% drop if not a “correction”? 🤷♂️
Governor Kelly Ayotte is out here saying they’re “first in the nation” to embrace “new technologies.” Kudos to her for being trailblazing… or maybe just really good at playing the crypto lottery. 🎰 She claims it’s “innovative” and “no risk to taxpayers,” which sounds less like finance and more like a Vegas commercial. 🏖️
ARB prices and activity may yet pirouette into a frenzy, particularly in the RWA category, where the chain seems to have hidden its most tantalizing secrets.
