Crypto News

But first, why, pray tell, are these six coins the talk of the town? 🤔

Now, all eyes are on one critical level. A level that will decide whether this glimmer of hope turns into a full-blown recovery or just another sad chapter in XLM’s never-ending downward spiral.

Video-sharing platform Rumble is preparing a major new feature rollout. This will help in adding Bitcoin tipping for its huge user base. CEO Chris Pavlovski came out with this major announcement on Friday. To date, the platform has more than 51 million monthly active users on its platform. This strategic move places Rumble straight into the crypto-native running shoes. 🦵

Everyone’s scratching their heads, wondering if this is a real revolution or just another bubble waiting to pop. Honestly? Who knows. In this business, predicting the future is for fools and fortune tellers. 🤡

The falling wedge pattern? It’s not a wedge-it’s a napkin, folks! A chart analyst said it’s a “bullish explosion” setup. If ADA breaks $0.79-$0.80, it’ll sprint to the moon and tackle the $1.10 finish line 🏁. Next stop: $2.50, where ADA will do the like it’s the last night on Earth. 🕺

Back in 2021, China decided it didn’t want to play nice with cryptocurrency anymore. The government, in a move that could only be described as extra, banned crypto mining and transactions altogether. Why? Officially, it was to curb financial crimes and protect its financial system from the wild, wild west of unregulated digital assets. Unofficially, it probably just didn’t like the idea of people making money it couldn’t control. 💸

Selig, a former SEC employee and aide to Paul Atkins, might just be the bridge between the SEC and CFTC that no one specifically asked for but everyone vaguely expected. Whether he’ll steer the Commissions towards harmonious collaboration or a bureaucratic trainwreck remains to be seen. Spoiler: Probably the latter.

Global banks have intensified their push into crypto, with JPMorgan Chase reportedly advancing efforts to enable institutional clients to pledge bitcoin and ether as collateral for loans by year-end. Bloomberg reported on Oct. 24, citing individuals with knowledge of the matter, that the offering would function globally and involve third-party custodians to secure digital token collateral. 🤷‍♂️

Retail selling so weak it could power a teakettle and bears still flexing their claws. 🐾

Ultra-low fees? Deep liquidity? Oh please, it’s just DeFi finally realizing it can out-do centralized exchanges without crying about gas fees 😂