The facts: GMX (GMX) thudded down to $10.20, its lowest since April 7—a throwback no one was nostalgic for. That’s almost 40% erased since its July high, and now 76% cheaper than that dazzling November peak. You know, for bargain hunters who love a little existential dread with their portfolio.
Swanning into the spotlight is BioSig Technologies (Stock symbol: BSGM, for those who only do ticker talk), which just merged with Streamex Exchange. Anyone else thinks “Streamex” sounds like a protein shake or a high-tech Hoover? Me too. Anyway, they’re raising a jaw-dropping $1.1 billion to conjure into existence a fantasyland where you can own a whiff of a gold bar through something called “tokenization.” Because heaven forbid you trip over an actual gold bar on your way to making your morning coffee.
Ripple has decided to apply for a national banking charter through the U.S. Office of the Comptroller of the Currency (OCC), and this could be a game changer for the company. If they get the license, they’ll be able to offer digital asset custody, payment settlement infrastructure, and tokenization services under U.S. banking law. This move shows that Ripple is serious about bridging the gap between crypto and traditional finance, and investors are taking notice.
But fear not, dear reader, for this is not the end of our tale. Oh no, for a bullish rotation from this zone could trigger a 200% rally toward $22.98, a veritable golden egg, if confirmed. The question, of course, is will it? Will the Trump Coin, that great shape-shifter, transform from a frog to a prince, or will it remain, well, a frog? 🐸
Now, let’s not forget the glaring truth nestled within Trump’s high-decibel demands. You see, the US is shelling out a staggering $1.2 trillion in annual interest, which translates to a wallet-purging $3.3 billion a day! Can you imagine that amount juxtaposed with your own bank statement? One could buy a small island with that sort of cash, or at the very least, a lifetime supply of avocado toast. 🥑
Despite some modest price shifts, the underlying metrics are screaming, “Hey, pay attention!” The total volume just exceeded $236 million over the past 24 hours, which is like, a lot of money 💸. This rise in trading activity could be the spark that sets off a larger directional move, if momentum aligns with technical confirmation, that is 🤞.
The token’s volatile session was marked by a sharp 4% rally during the U.S. morning hours, followed by aggressive profit-taking as resistance formed near the $0.00009400 level. Trading volume spiked to 95.85 billion tokens at the height of the rally — more than 56% above FLOKI’s daily average — before declining steadily into the U.S. afternoon.
Ethereum [ETH] came out swinging in Q3, reclaiming not one but two major resistance levels in under a week.
Trading under the flamboyant alias of HOOD—how impertinent—the stock popped its monocle at $94.65 in New York on Wednesday, perilously close to that dizzying summit scaled back in July, when all things seemed possible (particularly for those who ignored SEC memos).
Richard Teng, the head honcho at Binance, is reminding users to stay safe online and not be a schmuck 🤪.
