The US market already has one XRP-linked ETF – the REX-Osprey XRPR – but traditional spot products are still awaiting approval from the Securities and Exchange Commission (SEC). A bureaucratic dance, one might say, where the choreography is as confusing as a Russian novel. 📚
There’s a rising demand for put options and miner BTC deposits, which is like a warning sign that says “Hey, we might want to take it easy for a sec,” despite Bitcoin’s price still hanging tough near $108,000. 🙄
Simple-if the $2.8 zone rises from the ashes like a phoenix, then swing traders would have no choice but to believe in a miracle. A reclaim of $2.8 as a demand zone would prove that buyers actually have the strength to push XRP beyond the $3 mark. A glimmer of hope in an otherwise gloomy market. 🙄
In a post on X, TRON-based DeFi protocol Yield.Xyz confirmed that millions of Ledger users can now stake TRX directly from their hardware wallets. A feat as daring as a squirrel climbing a tree! 🐿️
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The crypto market endured yet another soul-crushing sell-off on Thursday, with altcoins cratering like they were the Titanic and the iceberg had just arrived. BTC and ETH are starting to flirt with support levels, like they’re trying to decide if they want to dive deeper into despair or just hang around for a bit.
On the social media platform X (formerly Twitter, but now with more confusion), Baarut dished out a detailed analysis of Dogecoin’s recent behaviour-think of it as the crypto version of a weather forecast, but instead of rain, you get bullish signals. Despite some nasty dumps and COVID-level sell-offs, Doge bounced back with resilience-like that one friend that still turns up to the pub even after a few bad nights out. Now, the price has paused, gathered its strength, and formed what Baarut calls a “liquidity zone” around the price tag of $0.19319. Which is fancy talk for: “This is where the smart traders have decided to play their hand.”
During the Bitcoin Rails podcast #38 with Isabel Foxen Duke, Martin Shkreli opened up the whole quantum can of worms. Now, before you go running off screaming about the end of Bitcoin, he made it clear: quantum won’t be replacing your Nvidia graphics card anytime soon. But-when it comes to Shor’s algorithm and Bitcoin? Well, that’s where it gets spicy. 🥵
The Center is cozying up to Wyoming like it’s the new crypto prom date, with Hoskinson already flaunting his medical clinic in Gillette and a bison ranch in Platte County. Because nothing says “I care about rural America” like stem-cell therapy and blockchain policy. 🩺⛓️
1⃣ Lo and behold! Solana has found solid footing after Friday’s catastrophic plunge, supported by a mighty upward trendline. Oh, could a glorious rebound be on the horizon? 🧐
