Cryptonews

Meanwhile, the market, ever the capricious beast, sent mixed signals, as if it couldn’t decide whether to weep or cackle with glee.

Ethereum’s price, like a poorly written sonnet, failed to clasp $2,920’s elegance and tumbled sideways into the abyss. Bitcoin wept, and Ether followed suit, descending beneath $2,860 as if choreographed by the grim reaper. A brief flirtation with $2,780 ensued, the kind of self-destruction one might expect from a byronic hero.

The move represents Bitwise’s first direct participation in DeFi vault curation, positioning the firm as an active strategy manager rather than a custodial intermediary.

Prices slip, dear reader, like late autumn leaves in a mathematician’s pocket. Some venerable supports glimmer on the horizon, if one squints through a lorgnette. Even the so‑called CME gap-the prurient specter-hints at a possible reversal; the future will be dictated by price lines, not by bluster or the chorus of armchair pundits.

But wait, there’s more! This wasn’t just any argument; it was a “band for band” showdown, the cybercrime equivalent of a toddler shouting, “My dad’s stronger than yours!” ZachXBT, our intrepid investigator, watched in amusement as John juggled wallets like a circus performer, moving millions while the whole fiasco was recorded. Oh, the folly of it all!

Now, the yen’s sudden spurt wasn’t just a fluke of nature-oh no, it was cooked up by a couple of clever schemes from them bigwigs at the central banks. First off, the New York Federal Reserve-those crafty Yankees-decided to play post office with the banks, checking rates like they were shopping for a Sunday hat. This little maneuver is the financial equivalent of a sheriff tipping his hat before he shoots-a sign that intervention might be a-comin’.

The selling pressure that defined the week after the U.S. market holiday on Jan. 19 never truly let up. From January 19 to January 23 (ET), crypto ETFs faced one of their most punishing stretches of the new year, with risk appetite fading sharply across the largest products.

XRP (XRP), in a display of dramatic flair worthy of a Victorian melodrama, plummeted to a monthly low of $1.81, down from $2.39 on Jan. 6, and a staggering 48.4% below its July zenith. This descent was orchestrated by the usual suspects: U.S. tariff tantrums, the ever-looming specter of a government shutdown, legislative delays that would test the patience of a saint, and the Fed’s hawkish posturing, which has become as predictable as a dowager’s disapproval.

Four years of navigating the tempestuous seas of market cycles, of chasing the ever-elusive “venture scale,” have led to this moment. Unlike the many projects that vanish into the ether, Entropy exits with a modicum of dignity, returning capital to its investors. A rare gesture in a world where greed often trumps grace.

In a scene reminiscent of a desperate struggle between vice and virtue, Dash experienced a clear reversal from its recent pinnacle near $97. Aggressive buyers, once bold and brazen, suddenly found themselves paralyzed by fear as the specter of profit-taking loomed large, casting an ominous shadow over their once bright aspirations.