Terra Luna Price Soars 29% Today – What’s Happening?

Let’s take a step back and look at the few (or many?) reasons why LUNA is suddenly the talk of the town.

Let’s take a step back and look at the few (or many?) reasons why LUNA is suddenly the talk of the town.

Hold on to your hats folks, because 21Shares and Crypto.com have just announced they’re officially in business together. Their goal? To launch some shiny new investment products that track the Cronos (CRO) token. We’re talking about a CRO private trust and an Exchange Traded Fund (ETF) – because why settle for less when you can have it all?
Ripple’s valuation now sits at a cool $40 billion, a number so large it could buy the entire kingdom of Discworld and still have enough left to tip the bartender. The investors? A who’s-who of Wall Street’s finest, including Citadel Securities and Fortress Investment Group, who’ve apparently decided that crypto is the new black-or at least the new get-rich-quick-scheme-with-a-side-of-paperwork. But let’s not get bogged down by numbers. The real magic here is in the fine print, which is thicker than a troll’s wallet.

The SEC’s document arrived like a cold wind. Mendon, a firm with a nose for value, took a stake in Simmons First National during the third quarter. The numbers don’t lie: 406,570 shares, worth nearly eight million at quarter-end. A quiet bet, but a calculated one.

Lo, the latest momentum study by the crypto analyst Tony Severino has stirred the hearts of market watchers, as he posted on X on December 6, declaring the surprising similarities between the RSI trends and price movements of the 2023-2026 cycle and those of 2012 to 2015. His comparison, a labyrinth of timing, focuses on the moments when a price bottom began to form, the first peak, a subsequent momentum peak, and finally, a Bearish Divergence, which, like a cunning fox, foreshadows deeper corrective phases.

In the quiet, foreboding shadows of Chicago, Challenger, Gray & Christmas-a firm that deals in the sorrow of displaced souls-has issued a grim report, one that seems to have passed by unnoticed by many: nearly 1.2 million Americans have been cast aside in 2025. It’s a figure that strikes fear into the heart of the observer. The last time such widespread bloodletting of jobs occurred outside of the pandemic was during the so-called ‘Great Recession,’ 16 long years ago, when 1.24 million people were tossed aside, their futures discarded like old shoes.

1-year price performance is calculated using December 6, 2025 as the reference date.

This suspicious timing caught the attention of crypto community members who quickly noticed the connection. The token name appears to reference an earlier December 4 post from the main Binance account during Binance Blockchain Week. The employee had access to Binance’s official social media channels and used this position to promote a token they were connected to, giving it instant credibility and exposure to over 523,000 followers. 🤝💸
Yet, the most ardent admirer of the digital coin, President Trump, seeks to secure his successor with the alacrity of a man pursuing a well-timed ball.
Key Takeaways (Because Hope Springs Eternal)