qfx While the bedraggled short-term speculators clutched their pearls, BlackRock, that most august of financial institutions, waxed poetic about Ethereum’s long-term value. One might say they’ve traded their ledger for a quill, extolling the blockchain’s role as a “toll road” for tokenization-a metaphor so delightfully anachronistic it would make a Victorian railway baron beam with pride.
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The U.S. economy just released GDP numbers so strong they could make a grown man weep into his coffee cup. The third-quarter growth clocked in at 4.4%, which is impressive if you’re a spreadsheet, mildly suspicious if you’re a human, and utterly baffling if you’re trying to predict the future of anything vaguely resembling a stable financial system.
The Dogecoin Foundation, a nonprofit that has supported Dogecoin’s open-source development and global community since 2014, has finally embraced the modern world by endorsing the ETF. This is the first time the organization, which has spent years nurturing a coin that started as a joke, has given its stamp of approval to something that doesn’t involve a dog wearing a hat. Retail and institutional investors now have a “smooth way” to access Dogecoin without needing crypto wallets or exchanges-because who needs complexity when you can just buy a share?
The W-shaped recovery, that most elegant of patterns, persists, but the capital flows, sentiment, and whale behavior have devolved into a dissonant symphony, lacking the harmony required for a triumphant ascent.
While the script has been rewritten-hopes dashed, dreams deferred-the plot thickens with debates over DeFi platforms, stablecoins, and those mysterious rewards that nobody quite understands, yet everyone pretends to. The draft, a hefty 155 pages of legislative bravado, has seen numerous edits in the ongoing love-hate relationship between Republicans and Democrats, with the latest version reflecting a truce of sorts-until the next fight breaks out.
The U.S. Senate Agriculture Committee has, with commendable diligence, unveiled an updated draft of its crypto market structure bill. One might wonder, however, whether such diligence is matched by wisdom.
And guess what? This isn’t just a solo act. A bearish chart pattern is forming, and February-that historically grumpy month for Monero-is lurking around the corner. So, is this just a crypto nap, or are we in for a full-blown sell-off spectacle?
The market, ever the optimist, has already sent silver to $95.89-an all-time high-and the tin-pot stock of it has risen 31% this year. Seems the world is finally realizing that silver isn’t just for lining teacups and coating mirrors.
BitGo shall offer 11,026,365 Class A shares, while 795,230 more will be peddled by shareholders, as per a January 21st proclamation. “BitGo shall receive naught from the sale of shares by those cunning selling stockholders,” it declared, with the solemnity of a funeral orator.
