This marvel of modern finance will use the NYSE’s Pillar matching engine, which sounds like something straight out of a fantasy novel but is actually just a fancy way of saying “computers will do the heavy lifting.” 🖥️ And fear not, traditionalists! These tokenized shares will still come with all the bells and whistles of old-school stocks-dividends, governance, and the occasional heart attack when the market dips. 💼💔
According to the latest reports from AMBCrypto, the dear support zone lies somewhere between $1.96 and $2.00. That’s the area Bitcoin’s fans call ‘support’, though it’s more like a paper umbrella in a hurricane. 🤡🌂
So, what’s the deal? Well, it’s not like DOGE woke up one morning and decided to take a nosedive for no reason. After a brief moment of glory sparked by ETF-related rumors, buying interest fizzled out faster than a flat soda. Investors started cashing in their chips, and selling pressure ramped up like a weightlifter on steroids. And now, DOGE is teetering on the edge of $0.1200- a make-or-break moment that’s more dramatic than a reality TV show finale.
The Bitcoin network, once proud and buzzing like a summer beehive, now limps along at approximately 993 EH/s. A mere number, yes, but one that speaks volumes-like a man counting his remaining hair in the mirror. This is the lowest the network has felt since last autumn, and frankly, it shows.
The altcoins, those lesser deities in this pantheon of speculation, have fared even worse. Ethereum, the silver to Bitcoin’s gold, now clings desperately to $3,200, while XRP has plunged below $2.00, its wounds gaping and raw. Yet, in this sea of red, XMR and ICP stand as defiant anomalies, their gains a mocking reminder of the capriciousness of fate. 🎭📉
As of January 19, Aster’s latest financial contraption went live, already leaving digital breadcrumbs on-chain for the terminally curious to follow. Because nothing says “trust us” like a public ledger that nobody actually reads.
Liquidations, those cruel harbingers of despair, surge forth like a torrent, claiming over $870 million in spoils! 😱 Longs, ever the optimists, bear the brunt of this calamity, losing nearly $790 million. Alas, poor traders! Their numbers swell to a staggering 250,000, according to the wise sages at CoinGlass. 📉
For ten days they wrestled over that fifteen-cent line like overripe fruit. Then, Saturday, the bulls, bless their optimistic hearts, just… pushed through. A clean break, they called it. More like a lucky shove, if you ask me.
SEI, that mischievous little scamp, has been playing hopscotch with market structures and guzzling liquidity like a greedy goblin at a lemonade stand. 🧃