This development arrives at an inopportune moment, as the altcoin has experienced a decline of nearly 29% over the past month, dipping below the firm’s average acquisition price. How very inconvenient!
Bitcoin (BTC), that elusive chimera of modern finance, sank below $90,000 in Asia’s predawn gloom, a six-month nadir that would’ve made Marx himself smirk at capitalism’s circular tragedies. Ethereum (ETH), ever the eager understudy, tumbled under $3,000 as traders whispered of “network effects” that now resemble ghost towns. 🕯️
The Cboe Futures Exchange (CFE), in its unending quest to tame the untamable, shall unleash “Continuous Futures” for Bitcoin (PBT) and Ethereum (PET) on December 15, 2025. These 10-year contracts, with their daily cash adjustments, promise to offer institutional investors a perpetual-style exposure. A grand scheme, indeed, but one must wonder: who shall bear the weight of such a gamble? 🧐
XRP’s price attempted a recovery wave above $2.30, but failed with the grace of a soggy biscuit. The price then plunged below $2.250 and $2.20, leaving a trail of despair. 🧠💔
A sneaky proposal currently lurking inside the White House walls aims to give the IRS a VIP pass to snoop through Americans’ offshore crypto vaults. Seems Uncle Sam isn’t thrilled with the idea folks could stash digital gold without Uncle Sam’s reflection in the mirror.
Ah, yes-the “Realized Price.” A number so profound, it might as well be etched in stone tablets by crypto prophets. This is where the patient, the stubborn, the true believers stack their ETH like firewood before winter. History giggles in the margins: every time Ethereum nears this hallowed ground, it bounces back like a cat with nine lives-or at least, that’s what the charts claim.
And the whole thing was announced with a press release! A press release! As if the world was just waiting with bated breath! They did have a little fundraiser beforehand, snagging cash from all sorts of crypto-types – Kraken, Fabric Ventures, the G20 Group! The G20! What are they doing with crypto?! It’s a whole mishigas!
Another onchain mishap unfolded this week when a Cardano blockchain user set out to grab some stablecoins and ended up parting with a hefty sum in the process. Onchain analyst ZachXBT broke the story, pointing out that the trader lost $6.05 million “due to low liquidity causing the price to sharply spike temporarily.”
Traders may consider buying, yet for those who seek to hold, the hour is too late, as if the very market conspires against their patience. 🕯️💀
Let’s talk real numbers, folks. The $3,000-$3,100 range seems to be where the action’s at. It’s like a long-term bargain bin for the savvy buyers who know the value of a little patience. 🛒
