Enter Vitalik Buterin, co-founder and occasional wizard of Ethereum, who’s decided that measuring cryptographic performance via “operations per second” is about as useful as a teapot in a chess match. “Sure,” he says, “but what if your hardware’s had too much tea?” His solution? A new metric called the “efficiency ratio,” which basically asks, “How much slower is your crypto magic compared to just… not using magic?”
XRP’s price took a dive, 8.75% on Friday, as if the moon itself had been sold to a rival. 🌕
In a recent X post, Finzer revealed October trading volume hit $2.6B-90% from tokens. He called it the start of OpenSea’s transformation into a “trade everything” hub. Translation: “We’re not just an NFT store; we’re a one-stop shop for your crypto dreams and nightmares. 🤑🚀”
The eleven spot Bitcoin ETFs, those poor darlings, witnessed an aggregate outflow of $366.6 million on Friday, capping off a week as red as a rose-or, more aptly, a bloody nose. BlackRock’s iShares Bitcoin Trust, that grand dame of investments, lost $268.6 million, according to SoSoValue. Fidelity’s fund, not to be outdone, shed $67.2 million, while Grayscale’s GBTC outflowed a modest $25 million. Even the Valkyrie ETF, that valiant warrior, suffered a minor outflow. The rest? They stood still, as frozen as a socialite at a scandalous soirée. ❄️
In the year of our Lord 2025, Ethereum hath anointed itself the undisputed sovereign of the blockchain realm, with a cortege of over 16,000 new developers flocking to its banner between January and September. 🧙♂️📈
It seems that according to the experts at Binance, Bitcoin is on a particularly introspective journey, experiencing what only the bravest (or most doomed) souls dare to call a “transition phase.” And let’s not forget it’s swiftly losing any ounce of swagger it had gained during the sweet, sweet days of early October. This transition is like that time you tried a new hairstyle-it’s either a fresh start or just plainly catastrophic.
Oh, Shiba Inu. The meme king that couldn’t quite hold it together. Just when you thought things couldn’t get worse, SHIB goes ahead and adds another zero to its price, like it’s trying to make its own version of a sad joke. It’s now hanging around at $0.0000097, practically begging for attention in the land of five-zero territory. So, what went wrong? Well, everything, it seems.
Well, well, well… Wallet bc1ql7c just transferred the entire 6,500 $BTC ($694M) to some new addresses after THREE long years of snoozing.
Anyway, after some dramatic drops, heavy liquidations, and a lot of nervously checking your portfolio while pretending you’re not panic-selling, Bitcoin has managed to stay above the $105,000 mark-whispering sweet nothings about a comeback like a stubborn cat refusing to quit the windowsill.
Not to be outdone, the Futures market has joined this carnival of calamity. CoinGlass, that grim accountant of losses, reveals that sellers have closed $2.3 billion in positions over three days. On October 17th, outflows ($1.24 billion) drowned inflows ($1.09 billion), sending Futures Netflow into a 132.12% nosedive to $153.99 million. A risk-off sentiment, you say? More like a full-scale retreat! 🚀🔥
