Pompliano, during a recent pronouncement on CNBC’s ‘Squawk Box’ (a name conjuring images of rather agitated poultry, I must say), elucidated that Bitcoin, in the past decade, has plummeted a full 30% or more no fewer than twenty-one times! Twenty-one! One begins to suspect it enjoys the fall as much as the ascent. 🤔
Franklin Templeton Digital Assets and Grayscale have introduced their respective XRP exchange-traded funds (ETFs) on NYSE Arca, making it easier for investors to get their hands on this digital asset. 🤝 XRP is now trading like a stock, complete with regulated custody, daily transparency, and liquidity – all the bells and whistles for institutional investors! 📊
Most nattily dressed analysts murmur sotto voce-it’s a bear market, of course, citing structural wardrobe faux pas and a poise-flaunting dismissal from prior graces. Yet, in the charity shop of market whims, a small but eager bunch of enthusiasts insists this is naught but a faux-culpa, a dress rehearsal for a boom, not an eternal débâcle.
And here we are again. HBAR posted a recovery that would make even the most stoic investor shed a tear of joy. It formed a clear triple-bottom pattern inside a weekly demand zone that’s been hanging around like a forgotten guest for months. Market data reveals three distinct retests of this area, each one creating reaction wicks. These aren’t just lines, folks. They’re signs of renewed buying pressure. Oh, the drama of it all! 😏
On Monday, the suave Franklin XRP ETF debuted on the NYSE Arca under the irresistible ticker “XRPZ.” Certainly, with a debut that coincides with Grayscale’s XRP Trust ETF (GXRP) and a couple of other darlings from Bitwise, it’s as if the crypto world has had its once-in-a-lifetime encore-though one must wonder if this isn’t merely another episode in the eternal soap opera of digital assets. 📈
Here’s the thing: X recently rolled out a shiny new feature designed to show the country of origin for user accounts, claiming it’s all in the name of transparency and fighting misinformation. Sounds innocent enough, right? Well, not quite. Vitalik, who’s made a career out of advocating for decentralization (and keeping his own business very private), has expressed some reservations. In his words, this “feature” might bring a “mixed bag of results.” Gasp. Could it be that users might not want their country of origin slapped across their profiles? Shocking.
Behold, the soothsayer Merlijn The Trader, with his charts and his waves, proclaims a pattern as old as the blockchain itself. Three acts in this tragicomic play: the impulsive rally, the corrective drop, and the grand breakout. Now, we wallow in the second act, the correction, where hope and despair waltz in equal measure.
HBAR, the digital currency that’s as unpredictable as my nephew’s mood swings, climbed 2.38% to $0.144. Trading volume surged 59% above its weekly average, thanks to Axelar’s new integration-basically, it’s like giving a cat a laser pointer, but for blockchains. 🐱✨
This bit of news has propelled the Nasdaq to a lively increase of 2.3% by noon on the East Coast, and the S&P 500 has followed suit with an ascent of 1.4%. Bless their eager hearts.
