That’s not a mere coincidence. As SHIB touched this floor once again, buyers piled in, prompting a sharp 11.5% surge in trading volume that signaled fresh accumulation. Throw in a slight recovery in the overall crypto market cap, up just under 2%, and the stage felt set for SHIB to snap out of its brutal downtrend. For now, traders are debating, does this floor holds strong like before, or is more pain ahead? 🤯
Bitcoin’s relief rally just injected fresh energy into a choppy market. $BTC briefly reclaimed $104K in a brisk squeeze, reigniting risk appetite after weeks of chop, causing a $50B market pump. 🧨 (Chop, indeed. A market that’s more unpredictable than a toddler on a sugar rush.)
The quantum threat is more than a technical hurdle. It has a profound impact on digital assets and threatens the privacy of individuals relying on Bitcoin for financial freedom. A profound impact, indeed! It’s not just a technical hurdle-it’s a full-blown circus act, complete with a ringmaster named Quantum and a troupe of qubits. 🎪
So, what’s going on with Solana? It’s trying to pull itself together after a crypto market meltdown, currently hanging out around $150. But wait-there’s a glimmer of hope! It’s up 1.18% today, which, sure, isn’t exactly an all-time high, but it’s something, right? 🤷♀️
The comments come as the DAT sector goes through something akin to an existential crisis. Most firms’ market net asset values (mNAVs) have converged toward the incredibly “exciting” value of 1.0, because who doesn’t love a market where everyone is barely keeping their heads above water?
At present, XRP trades at $2.33, a rise of 4% in the past day, having found solace at the lower Bollinger Band. The week past hath seen it oscillate between $2.12 and $2.58, yet it remains 9.6% below its weekly peak and a full 22% beneath its monthly high. ‘Tis still a far cry from its July zenith of $3.65, a summit now but a distant memory. 🏔️
In a bold post on X (yes, that’s what Twitter’s called now, don’t ask), Hougan dropped this gem: “Buying a crypto asset and sticking it on a balance sheet today? Not exactly hard. Sure, it was once a challenge, but it’s as easy as pie now.” He added, “If that’s all a DAT does, just buy and hold, you might as well just buy into an ETF. Even if the DAT is staking, ETFs do that now too.” Well, well, well… all that talk about “innovative” crypto treasury strategies, huh? 😏
Nope. The indicators are a bit late to the party and continue to show bearish confidence-or should I say bear strength?-sitting around unhappy that the downward trend might even reach $2, or plummet to the depths of $1.61. 📉
Indeed, dear reader! Justin’s public wallets show he now holds $534 million in Ethereum (mostly staked as STETH) and a mere $519 million in TRX. Who would have thought? His own creation seems to be taking a backseat in his portfolio. 😂
On November 4, like a thief in the night, the firm slyly submitted the filing to the U.S. Securities and Exchange Commission (SEC), laying out a trust structure that will hold XRP in the cold embrace of Coinbase Trust, with the CME CF XRP-USD benchmark to set the pricing. The cherry on top? A meager 0.19% sponsor fee, waived for the first $5 billion in assets under management – at least until May 2026. 🍒
