The Tokyo Stock Exchange, which you might recognize as the place where people trade shares instead of trading places, is reportedly reviewing “fresh audits” for companies that shift their operations toward “large-scale crypto accumulation.” Translation: If your business model smells like a crypto gold rush, get ready for a knock on your digital door. 🚪
US spot Bitcoin ETFs are on a five-day losing streak longer than a snail’s holiday-drenching the scene with another $372 million in bailouts, according to mysterious folks at Farside Investors. It’s a regular money drip-drip-drip! ☔
Crypto analyst Gordon Gekko (yes, really) spotted an RSI breakout on the ETH/BTC daily chart. Because nothing says “buy” like a technical indicator screaming, “I’m not falling below $3,000 anymore!” Coincidentally, Ethereum briefly dipped to $2,992.23 last night-because $3k is apparently a hard limit now. 💸
Now, a certain sage named Titan of Crypto-who evidently knows which way the wind blows-took to his fancy Twitter to warn us all. He’s tellin’ us that the odds of a bear market are about 80%, with only a slim 20% chance of us seein’ any sort of bull cloud on the horizon. Might as well be checkin’ if the sky’s fallin’ with a spoonful of salt, but he’s serious as a preacher at Sunday service.
The bill aspires to establish a most gracious unified regulatory framework, whereby Bitcoin and Ether shall be officially regarded as digital commodities, falling under the jurisdiction of the esteemed Commodity Futures Trading Commission, thus resolving the longstanding dispute over jurisdiction with the less dependable SEC.
On a nondescript Tuesday, CNBC News chanced upon Democratic Senators Elizabeth Warren and Jack Reed, two unwavering sleuths, raising mighty concerns over national security, sewn into the garment of crypto-what a tapestry! These senators, akin to literary heroes placed in the Kremlin’s high towers, did find themselves discerning shadows of conflict of interests in WLFI’s icy folds.
Leading the discourse, not unlike Pierre Bezukhov commanding attention at a Russian ball, is Geoffrey Kendrick of Standard Chartered. His thoughts, devoid of grandiose tales of ETFs or whales, wallow in the simplicity of percentages and historical patterns-a sage in a realm often consumed by the esoteric.
As stablecoins bloom like wildflowers in a desert of finance, they sharpen their roots in the eurozone’s soil, threatening to upend the delicate balance of central banking. Dutch central bank governor Olaf Sleijpen, a man of many hats (and perhaps a few sleepless nights), mused on Nov. 16 with the Financial Times that the ECB might need to rethink its playbook if these digital blooms grow too bold. 🌸
1+ backing for all major assets. They even integrated distributed validator technology for Ethereum (ETH) staking. Oh, and they acquired NinjaTrader and Small Exchange in a $100 million deal. Now, that’s a lot of moves for one quarter!
This descent below $92,300 was particularly ironic given the earlier euphoria when Michael Saylor, that modern-day Midas of crypto, proudly announced his firm’s $835 million Bitcoin splurge on Monday. Alas, while strategic whales continue their leisurely accumulation, the short-term holders-those jittery souls-are dumping their holdings faster than a hot potato in a microwave. 🥔💥
