On a damp Friday, Bloomberg dropped a bombshell (or a teakettle): global regulators are “in talks” to possibly overhaul crypto rules set for 2026. The US, ever the masterstroke at leading from behind, is somehow leading the charge against old rules due to… shockwaves… the stablecoin surge. One imagines this as a tennis match where the ball is named “regulatory reform.”
“On X, we just rebuilt the entire messaging stack into what’s called ‘X Chat,’” said Musk during The Joe Rogan Experience podcast, which aired on Friday. One might say he’s “rebuilding” with the enthusiasm of a man who’s just discovered the concept of “privacy.” 🤯
As of the very last day of October, the poor beast hadn’t managed to claw its way back from the rather unsettling bouts of consolidation it suffered mid-month. A bit of a surge towards the end offered a glimmer of possibility, but it all proved to be a bit of a damp squib. October 2025, it seems, will not be remembered as a vintage year. 🙄
Recent analyses, guided by the esoteric Elliott Wave theory, have revealed a fascinating pattern-a 3-wave ABC correction that peaked in 2021, followed by an agonizingly long consolidation within a symmetrical triangle stretching back to Litecoin’s 2018 highs. According to technical enthusiasts, this cryptic formation could signal that LTC is about to break out. And when it does, expect an explosion of buying pressure-potentially sending prices soaring past previous all-time highs. Or, you know, it could just as easily crash and burn. Who’s to say? 🧐
In a recent X post (because who needs a soapbox when you can tweet?), analyst Sjuul declared the bullish narrative “untarnished,” despite the coin’s recent retreat into what can only be described as a “consolidation purgatory.” The chart, he insists, reveals buyers hoovering up liquidity like gluttons at a state banquet, though one wonders if they’re celebrating or simply delaying the inevitable. The “major demand area” remains a fortress, albeit one guarded by traders armed with coffee and questionable life choices.
In this digital tug-of-war, some of the sharpest minds in the industry joined in. Notable figures like Santiago Velez and David Schwartz, the ever-cool CTO of Ripple, decided to throw their two cents into the mix. A fascinating spectacle indeed! 🎩
Apparently, this is just Ripple’s way of keeping things spicy in its “predictable” liquidity management system. 🧮 Introduced in 2017, it’s like their version of a monthly subscription box, but instead of socks, you get XRP. 🧦✨
The ECB, in all its wisdom, has declared the digital euro project is chugging along to the next phase, with a roadmap so detailed it’d make a Mississippi steamboat captain blush. According to their progress report, this digital doodad will start its pilot phase in 2027, and by 2029, Europeans might be trading digital euros like they’re hotcakes at a county fair. That is, if the legal eagles get their act together. 🦅
The dire lack of recovery momentum has left the Ethereum faithful wringing their hands in despair. Investors fear the worst: a descent to even lower levels should sentiment fail to shift. The abyss stares back, and Ethereum blinks first.
Alas, the once-mighty ENA, which soared to lofty heights of $0.53, now languishes near $0.397, a victim of the fickle nature of market sentiment. The triumph of Terminal Finance, which raised a most impressive $280 million, has led to a most unseemly “sell-the-news” frenzy, as traders rush to secure their gains. 🧠
