This saucy rally’s kicking off because the TON Foundation just poached a bigwig for their marketing squad. Drumroll, please: they’ve nabbed Gerardo Carucci as Chief Marketing Officer (CMO), effective yesterday. Who needs a slow burn when you can dive headfirst?
Crypto platform Bullish (ticker BLSH for those who like their thrills on the ticker tape) has officially swung open the spot trading gates across America, following the ceremonious awarding of both a BitLicense and a money transmission license from the venerable New York State Department of Financial Services (NYDFS) just last month. One suspects the paperwork was as thrilling as a Sunday stroll in the park-if that park were lined with financial wizards demanding their due.
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Coinglass figures show exchange ETH futures open interest in the high-$50 billion after peaking above $70 billion in late August. Across venues, open interest totals 13.28 million ETH ($57.43 billion), a muscular backdrop that keeps funding and liquidations as relevant as a forgotten rhyme in a limerick.
To hold at $1.45 is to clutch a fragile lifeline; breaking above $2 and $2.43 might certify a revival. A fall below $1.45 would lure the price toward $1.32, like a shadow dragging its heels. 😅
The plan, a grand spectacle of phased “treasury management,” begins with a mere $500 million in SOL, a drop in the ocean of corporate greed. Yet, VisionSys, ever the optimist, envisions a digital utopia where balance sheets and crypto assets coexist in harmonious chaos. One can almost hear the echo of Lenin’s ghost whispering, “Comrades, this is the way forward!”
The Treasury and IRS, ever the paragons of bureaucratic complexity, have issued interim guidance to “reduce compliance burdens” under the Corporate Alternative Minimum Tax (CAMT). A 15% minimum tax on the income of the mighty corporations, a beast of 1920s-era rigor, now sees its claws dulled. How noble! 🐉
Platforms such as Nasdaq, Robinhood, Coinbase, and Kraken-each a suitor vying for regulatory favor-have either begun courting the SEC or are already testing their tokenized stock wares. A most curious courtship, indeed! 🤝🎭
Analysts, those modern-day prophets, whisper of bullish chart patterns, as if the market’s a Shakespearean tragedy waiting for its climax. 🎭
Like a prisoner tasting borscht after years of cabbage soup, the market size of the sector ballooned by 3%, reaching a staggering $34 billion. A pittance compared to the riches of the oligarchs, but a victory nonetheless. 💰
