Crypto News

Social media is a dumpster fire of negativity. “XRP is a scam!” they shout. Meanwhile, money keeps flowing in. What even is this? 🤯

So, our old friend LINK has settled into a rather cozy spot below that big shiny resistance at around $12.60. After a long spell of bearish gloom-think of it as the crypto version of a bad breakup-she’s been flirting sideways, flirting with those lows in the $11.80 to $12.00 range. Looks like the bulls bought her a drink there and she’s sticking around. The price’s been inching upwards, but the bear fade is still strong-no fireworks just yet. The candles whisper tales of mild bullish pressure, but momentum is tighter than a miser’s grip-ready for a big jump? Not quite. Resistance around $12.90-$13.00 is the gatekeeper, and buyers seem content to guard support, but no heroics just yet. Everyone’s patiently waiting for the big breakout, or maybe just a good nap. 😴

In the realm of dollars, altcoins have shed more than $580 billion, a fortune lost to the void, leaving only whispers of their former glory. 💸

According to the wizards at Dune Analytics (they’re like Gandalf, but with charts), even though big shots like Lido, Binance, and Frax Finance are pulling out ETH like it’s going out of style, the total staked ETH is still climbing like a mountain goat on espresso! ☕⛰️

In a missive on X, our pundit waxes poetic about decentralization, not as a mere buzzword but as a reliable companion. He points to the XRP Ledger’s consensus flow, a mechanism so swift it reaches agreement in seconds, without a central maestro or wasted breath. “Rare and crucial,” he murmurs, as if unveiling a hidden gem in a forgotten attic. 🕰️

Behold the chart, a harrowing testament to a downward spiral, as if the very fabric of their existence were unraveling. Ah, the cruel irony! While prices wither like autumn leaves, the miners, like Sisyphus, toil to cover their costs, their resolve fraying with each passing day. 🌾🪦

Upexi (UPXI), a Nasdaq-listed crypto treasury firm focused on Solana, filed to raise as much as $1 billion in a shelf registration with the U.S. Securities and Exchange Commission (SEC), 📉

Let’s break it down in simple terms-because nothing says “drama” like a cryptocurrency’s emotional rollercoaster. 🎢

On a frosty December 23rd, the GDP report emerged, a clarion call of economic vigor. The US, it seems, has decided to outpace its own shadow, growing at 4.3% in Q3. But in this tale of prosperity, crypto markets find themselves in a Chekhovian drama-full of sighs, whispers, and altcoins clutching their pearls.

In a turn of events that could only be described as astonishingly fortuitous, Confirmo, that dashing global merchant of digital asset payments, has swooped in to become one of the earliest contenders in Europe-nay, the very first from the charming Czech Republic-to snag the elusive authorization under the EU’s Markets in Crypto-Assets (MiCA) framework, courtesy of the unimpeachable Central Bank of Ireland.