In defiance of all reason and common sense, despite the torrent of ETF redemptions, the market refused to collapse into dust. Perhaps it’s some cruel joke, or perhaps the market is just stubborn enough to survive another day, or perhaps it is being propped up by the invisible hands of the universe-or even by the very ghosts we despair over.
The crypto custody firm Copper, no stranger to keeping digital riches under lock and key, is now pondering a public listing. Rumors swirl like a wizard’s incantation, with sources whispering that Wall Street’s embrace depends on whether Copper’s coffers can jingle convincingly.
This leveraged charade collapsed as XRP tumbled below its key support, like a debutante tripping on her own hem. The price plummeted from $1.81 to $1.71, leaving over-leveraged longs in a state of financial disarray. One can almost hear the wails of the bulls as their positions were swept away in a torrent of poor judgment.
In this grand farce of a sell-off, SOL has emerged as the hapless protagonist, losing its grip on the $118 support level-a bastion it had defended with the fervor of a knight guarding a dragon’s lair since March 2024. Alas, even dragons must eventually nap, and so the fortress fell.
One month ago, the ledger seemed a rather quiet library. Now, its volumes are replete with papery letters of immense value-high‑volume transfers designed not for the casual collector, but for the institutional nomads, the wandering whales who reposition with the flair of an operatic crescendo.
OSL Group has announced a major equity financing round, effectively drowning its ambitions in a pool of $200 million, or about HK$1.56 billion, to expand beyond its core markets. This move arrives just as regulated platforms are snooping around the galaxy for an uptick in blockchain‑based payments.
But hey, let’s not throw in the towel just yet. History, as they say, has a way of repeating itself-or at least rhyming. Back in September 2024, when BTC dipped below the ETF’s average purchase level, it consolidated before staging a comeback that would make a phoenix jealous. The same thing happened in early 2025 during the tariff-driven market dump. So, if history is any guide, we might be looking at another rebound, with a potential bottom forming below $90K. Cross your fingers, light a candle, and maybe sacrifice a small houseplant to the crypto gods.
The maestros behind this digital carnival, Sats Terminal, recently graced the Bitcoin.com News Podcast with their presence. Behold, the audio spectacle:
Ah, Ethereum (ETH), the second fiddle in the cryptocurrency orchestra, began its day with a flourish at $2,738, only to trip over its own crescendo and plummet below the critical $2,700 mark. A 7% decline in 24 hours-how utterly gauche! Traders, my dear, were caught with their champagne flutes mid-air, as ETH executed one of its most dramatic nosedives in recent memory.
Once basking in the glow of a $61 million unrealized profit, our protagonist now finds itself submerged in a sea of red, with a negative $13.46 million staring back like a mocking reflection in a still pond. The irony? This is the same creature that dared to short ASTER with a 3x leverage, mere moments after the Binance übermensch’s benediction. Oh, the hubris of it all!