Colin argues the 50-day and 200-day moving averages are poised to perform a tango-like waltz-a “golden cross”, if you will. Historically, this dance has marked bottoms like a tourist takes selfies at landmarks. But let’s be honest: it’s less “setback” and more “pause for a chai latte” for Bitcoin.
According to crypto oracle Michael van de Poppe, the current market resembles 2019-2020, when Bitcoin and altcoins were priced like day-old sushi before entering a bull run so wild it made the Running of the Bulls look like a Sunday stroll. With macroeconomic winds shifting (read: central banks finally remembering they have a “lower interest rates” button), risk assets like crypto might soon wake up from their slumber and start partying like it’s 2021.
In less time than it takes to choose between gin and vermouth, our distinguished whale community gathered a rather astonishing 394,682 ETH, amounting to approximately 1.37 billion dollars-evidence of a fervent appetite for digital currency that skirts recent jitters in the marketplace.
A nudge of the chin here, a raised eyebrow there: the accumulation suggests a renewed darshank in Ethereum, according to the on-chain connoisseurs of Lookonchain on X (formerly known as Twitter)-how very trendy!
Our beloved Bitcoin, currently exchanging pleasantries at around $102,292, has felt the chill of a 1.3% dip over the day. A cool trend has overtaken the market, leaving it about 7% lighter in seven days and roughly 16% sagelier in the past month. Presently, it rests 18% shy of its revered high of $126,080, a zenith reached in the early days of October.
The Central Bank of Ireland has slapped Coinbase Europe with a $24.8 million (€21,464,734) fine for not doing their AML homework. Between April 2021 and March 2025, they basically ignored the rules. 🚫
The price movement of Bitcoin remains in focus, with the cryptocurrency maintaining its grip above the psychological level of 100,000.
Une procédure si rapide, si fluide, qu’elle semble presque jouer la comédie! En effet, l’inscription devrait être approuvée et listée dans les vingt jours, à moins qu’un audacieux spectateur, alias la SEC, ne décide de faire de l’obstruction. Peut-être un peu jaloux, qui sait? 😏
Ladies and gentlemen, Arthur Hayes, co-founder of Bitmex, has penned an essay titled Hallelujah-a name chosen with the gravitas of a Shakespearean tragedy. In it, he posits that U.S. Treasury debt (now a $2 trillion annual affair) and the Fed’s Standing Repo Facility (SRF) will inject liquidity so copiously, one might mistake it for a magician’s money tree. The result? A bull market so fierce, even Warren Buffett would trade Berkshire for a crypto wallet.
Behold! The crypto-friendly fintech giant, with its Q3 earnings per share of 54 cents, missed the mark by a staggering 14%-like trying to hit a target with a blindfold and a spoon! 🎯 Yet, its revenues, though up 2.3%, fell short of expectations, as if the financial gods had a bad day. 🤷♂️
The United Kingdom, in a fit of bureaucratic flair, will unveil a consultation on stablecoins on November 10th. The hope is to finalize by late 2026-just in time to unintentionally mirror the US government’s regulatory quagmire. The number of crypto enthusiasts has skyrocketed from 2.3 million to a staggering 7 million, a 204% leap. One might call it a miracle… or a collective lapse in judgement.
