Bearish sentiment? More like bearish fiesta. Liquidation charts look like a massacre, with longs getting wiped out faster than a plate of free donuts in the office kitchen. In the last 24 hours alone, $1.88 million in ICP liquidations were recorded, with $1.70 million coming from long positions. Ouch. That’s the financial equivalent of tripping on a banana peel in front of your crush. 😬
Yes, you heard right! Ethereum hit a new all-time high (ATH) in a key performance index – a whopping 24,192 transactions per second (TPS)! That’s more TPS than my Uncle Louie has excuses for not dating. The blockchain’s just warming up, folks, and it’s processing requests like a caffeinated squirrel on roller skates.
Let’s dive into the juicy details! Picture this: from March to July, IP crypto pulled a Houdini and performed a falling wedge pattern, then-BOOM!-it catapulted from $3 to $14.50 in September, giving us a hefty 375% gain. 🎉 No, that’s not a typo. 375%! Who’s counting, right? But hold on, this wasn’t a straight shot to the moon. Nope, it had some pit stops, with those pesky ascending wedges that couldn’t hold it together. In the end, the big drop came from late September to mid-November. Classic! 🧐
On the fateful day of November 14, 2025, Whale Alert-that ever-vigilant sentinel of the crypto seas-sounded the alarm: a staggering 92.6 million XRP, valued at $214 million, made its way to Coinbase. A move so bold, it left the market quite beside itself. 🦈📉
Sierra Protocol, ever eager and perhaps a touch too ambitious, has introduced a liquid yield token (LYT) on the Avalanche network, casting an enigmatic spell over DeFi users yearning for passive, risk-adjusted returns without the eternal chains of a lock-up period. The token, SIERRA, slinks coyly into the scene as the first LYT supported by a rebalanced portfolio-a delightful mix of institutional-grade real-world assets (RWAs) and well-heeled DeFi protocols. 🎩
The Technicolor dreamscape of October’s euphoria? Now it’s more like a monochrome nightmare. Bitcoin, after flirting with the $126k altar of all-time highs, has become a ghost of its former self, erasing roughly tens of thousands of dollars in value with the subtlety of a troll walking through a tiller.
Of course, XRP enthusiasts are now frothing at the mouth, predicting 2025 will be the year their digital darling finally gets its black-tie gala moment. Bold claims of $5-$10 by year-end are flying around like confetti at a New Year’s Eve party. 🎉🚀
CryptoSlam reports that NFT buyers and sellers both “surged” by eye-popping percentages, but let’s be real-this isn’t a party. It’s a crowded Zoom call with no mute button. Transactions, however, took a nosedive, dropping 20.92% to 1,097,565. And if you thought the NFT market was struggling, just wait until you hear about Bitcoin’s recent dip to $96,000. It’s like watching a toddler try to parallel park.
But hold onto your popcorn, because the government is reopening, and monetary conditions are supposedly about to get a cozy blanket. Analysts, or at least those who still work after mornings with too much coffee, say the risk asset drama might soon have a happy ending. James E. Thorne, a man who clearly likes to sound busy, explains why this moment might just flip Bitcoin to its next big scene, breaking down all the forces shaping the market like a cosmic puppeteer with a sense of humor.
The entire cryptosphere was already teetering, you see? A frail, delicate structure built on hope and… well, speculation. And then, this. This tremor, this suggestion that even the unwavering Saylor might entertain doubts! It wasn’t about the dreary mechanics of balance sheets or the banal routing of funds. No, it was the dreadful fear- the awful, gnawing possibility-that a champion, a beacon of unwavering belief, might succumb to… to sanity? 🤦🏻♂️