Crypto exchange Binance announced on Nov. 26 that it played sidekick to the European Union Agency for Law Enforcement Cooperation (Europol’s way cooler alias) and the European Union Intellectual Property Office in “Cyber Patrol” – which sounds less like a crime-fighting operation and more like a rejected Netflix teen drama.
In the past 24 hours, PI has shot up more than 10-12%, possibly giving some traders premature hope-they’re probably already planning their victory dance. The price briefly brushed against the upper limits of its boring little consolidation range, which, honestly, has been more stubborn than a mule. Meanwhile, trading volumes across big exchanges are climbing, and a good chunk of tokens are leaving wallets-presumably for “safer” places or maybe just into the void of despair, who knows? The $0.25-$0.28 zone is like that unshakable relative at every family gathering-a persistent resistance point that won’t easily give up its grip. If PI convincingly closes above this range, it might finally turn into support, signaling that a move toward the holy grail of $0.30 could be imminent. Can our hopes survive another attempt? Some say yes; some say you shouldn’t hold your breath. 😅
According to the sagacious weekly scribbles from Glassnode (who clearly have a crystal ball hidden behind those charts), the recent market rollercoaster has caused even the stoniest traders to dust off their options strategies. Options-those clever contracts that give you the right (not the obligation, mind you) to buy or sell Bitcoin at a pre-decided price-are now the hot ticket in town. Think of it as betting on the future, only with less crystal ball and more gambling chips.
Enter Crypto Patel, the man who’s seen more trendlines than actual trends, announcing that SOL has bounced off $130 like it remembered it left its dignity there. Apparently, this level isn’t just any number-it’s a magic confluence: horizontal support, rising trendline, ancient tribal markings from the Mayans (I may have made that last one up). But sure, let’s treat it like gospel.
SARB explained that, yes, a CBDC is technically feasible-much like training a penguin to commute by bus-but for the moment, they’d rather focus on the far less glamorous task of modernizing the payments system. Apparently, this must come first. Priorities, people.
Whales are accumulating like it’s a Black Friday sale, and the Futures Taker CVD is all like, “Yeah, let’s do this!” If the buy-side pressure holds, VIRTUAL might just keep dancing. 💃🕺
Oh, how the price of Ethereum has tried to claw its way from the depths! It began its rise above $2,880, much like the valiant hero in some forgotten epic, and now it seeks to stake its claim above the $2,920 and $2,950 levels.
The World Federation of Exchanges (WFE). Basically, the grown-ups. You know, Nasdaq, Deutsche Börse… the places where actual, regulated stock trading happens. Not a Discord server.
The SEC filing told us that the fund dumped its entire slice of MoonLake. All 313,571 shares, gone without a trace. That position had made up about 2.6% of their total assets-a decent chunk, yes, but a drop in the cosmic ocean of investment risk. They weren’t just throwing away money; they were preserving what little remained. The average quarterly prices turned that stake into a lamentable $14.8 million-a tidy sum for a company that seemed to be holding onto faint hopes and fragile promises.
BlackRock, that bastion of financial prudence, has, with a wave of its hand, dismissed the notion of an imminent XRP ETF filing. Mitchnick, ever the diplomat, attributes this to client demand not yet crossing the firm’s internal threshold. How quaint! Yet, one cannot help but wonder if this is merely a polite fiction, a veil draped over more strategic considerations. 🧐💼
