Cryptonews

In a missive dispatched via the ethereal realm of X on October 15, Morgan, with a flourish of his quill, declared that Ripple’s dalliance with Absa Bank transcends the mere custody of digital assets. It is, he insists, a symphony of technological adoption, a melody that resonates across the African plains. Absa Bank, ever the pragmatist, has confirmed on its parchment of the web that it shall embrace Ripple’s institutional-grade custody system, offering its clientele in South Africa a fortress for their tokenized treasures. How noble, that in this digital age, even cryptocurrencies find a haven. 🏰

Apparently, some very serious “top analyst” named Axel Adler (sounds like a Bond villain, honestly) says there’s a magical support zone between $106,000 and $107,000. It’s all very technical, involving things like “Short-Term Holder Realized Price” and the “200-day simple moving average.” Basically, it’s where Bitcoin has historically gone to cry after a bad day. It’s where things *should* bounce back. Key word: should. 🤷‍♀️

As the winds of fortune change, so too do the strategies of corporations. Newsmax Inc. (NYSE: NMAX), on the sixteenth day of October, revealed a plan as bold as it is bewildering: a $5 million venture into Bitcoin and Trump Coin over the next twelve months. Yes, dear reader, the same Trump Coin birthed by the former president himself. 😅

As of October 17, PEPE took a little plunge, losing 8% of its value. How unfortunate, isn’t it? But don’t worry, it’s just another day in the life of a crypto trader, where you wake up to a mini heart attack, and by noon, you’re thinking of retiring… until the next “bullish” signal, of course! 📉

SharpLink Gaming raised $76.5 million to add to its 838,000 ETH treasury, with potential for another $78.8 million. 🧠

The daily chart reveals OP’s valiant attempt to rise from its recent lows, much like a heroine regaining her composure after a scandalous ball. The price, having endured a prolonged decline since mid-September, now hovers above the critical £0.40 support level, a fortress against further retreat. Buyers, with the tenacity of a well-bred hostess at a country assembly, gather strength each time the price approaches this range, hinting at a plot to accumulate and outmaneuver the bears. One cannot help but admire their audacity. 🕊️📈

This whole “EtherHiding” business kicked off in 2023, because apparently, 2023 was the year of “let’s make crypto theft trendy.” The hackers pair this with good old-fashioned social engineering-fake job offers, high-profile interviews, and probably promises of free avocado toast. 🥑📰 They lure victims to malicious websites, where a Loader Script takes over like a bad DJ at a wedding. Then, boom! A smart contract steals your funds faster than you can say “blockchain.”

The Facts:

Crypto analyst Zach Rector ignited discussions about XRP’s circulating supply this week after posting on X social media that the “XRP supply shock is not just a meme anymore.” Rector explained that while the concept once seemed exaggerated, developments within the Flare ecosystem are now turning it into a measurable market trend, where on-chain demand could limit liquidity over time. One might say Rector has finally found his muse-or perhaps he’s just chasing the ghost of a bubble. 🕵️‍♂️

On a day typically reserved for fondue and precise watches, GESPA dropped their formal complaint, claiming that FIFA’s “competitions”-which apparently consist of riddles, challenges, and airdrops-are essentially gambling disguised as digital collectibles. Because nothing says “harmless fun” like gambling with a sprinkle of blockchain, right? 🤔