$4.08 million in exchange outflows suggests accumulation-because nothing says “I believe in you” like quietly sneaking away with the silverware. Meanwhile, traders are favoring long positions, proving optimism is the only thing longer than a Wildean epigram. 😏
Behind this positively alarming headline lurks not merely the gloomy “death cross” label-sounds like something out of a frightful adventure novel-but the beastly setup: the 200-day line has gone negative for the first time since July, and the 100-day at 0.00002320 BTC is jolly well sniffing around for the next crossing. What ho? 📈😒
So, the Shiba Inu people-who, let’s be real, are probably fueled by cold brew and a desperate need for meme longevity-decided to upgrade Shibarium. It’s called an RPC migration. Sounds fancy, right? Basically, it’s like giving the network a new, sturdier backbone. They’re trying to eliminate those delightful “single points of failure” which, in adult terms, means “stuff that could break everything.” 🤦♀️
Institutional love for Bitcoin grows fiercer than a cat chasing a laser dot. Coinbase (Nasdaq: COIN), the U.S.’s crypto titan, spilled the beans on Oct. 30: they scooped up 2,772 BTC in Q3. Why? To align their balance sheet with Bitcoin’s long-term glory-or perhaps just to out-squirrel the competition. Either way, it’s a move that screams, “We’re here to stay, and we’ve brought snacks.”
Behold, the analyst’s daily candlestick chart-a visual spectacle of boom and bust, a comedy of errors! Since the dawn of 2024, SHIB has leaped and fallen with the predictability of a poorly scripted play. The first act, a grand one-month surge, saw our hero break above $0.00004, only to be followed by a six-month descent into oblivion. 🌟⬇️
On the daily chart, Bitcoin is flaunting what some call a “bullish pennant”-a continuation pattern that, much like a bad party guest, overstays its welcome after a strong uptrend. If resistance breaks, darling, we might see another upward sashay. If not? Well, cue the violins. 🎻
The final act of the week revealed a scene all too familiar: a sea of red engulfing Bitcoin and Ether ETFs, while Solana stood as an oasis of green. Investors, ever the cautious lot, retreated into their shells as November loomed, withdrawing hundreds of millions from the leading crypto pairs. Yet, Solana’s momentum, a beacon of hope, continued to dazzle, leaving one to wonder if the crypto gods had simply misplaced their favor.
Market sentiment around HYPE leans bullish, as if the entire market is holding its breath and hoping for a miracle. 🤞 Despite recent pullbacks, this view suggests dips are part of a healthy accumulation phase within a larger uptrend. Or, as I like to call it, “the market’s version of a slow burn.” 🔥
In a move that’s as predictable as an actor forgetting their lines, Ripple has unlocked a jaw-dropping 1 billion XRP tokens-worth around $2.5 billion at current prices. This is part of their regular, oh-so-routine escrow release for November 2025. According to Ripple’s meticulously crafted script, this release is meant to “ensure liquidity” and keep things running smoothly, without any messy surprises. Not to mention, it’s all about keeping the supply management nice and predictable. 😎
Momentum around Pudgy Penguins PENGU continues to grow across the market, with Anon Cooker increasingly eyeing it as one of the standout small-cap assets of Q4. Community discussions have turned notably more speculative, fueled by ongoing development updates and renewed ETF talks. 🧠✨