Selig, once a humble counsel for the CFTC’s crypto task force, now stands as a figure of intrigue, having collaborated with the formidable Paul Atkins, while David Sacks, the White House’s artificial intelligence and crypto czar, lauded the choice with the fervor of a man who has never encountered a regulation he didn’t wish to bend. 🧙♂️
According to his latest X post (formerly Twitter, because obvi), he’s ranked his top crypto holdings like it’s Netflix’s Top 10. Spoiler: XRP is #1, because of course it is. He also says the next five years will “reshape how money moves.” Wow, deep. Next you’ll tell me water is wet. 💸
Maybe a tiny hiccup? Coinbase says, like, proceed with caution. Which, honestly, is what they should be saying all the time about Bitcoin. It’s kind of its whole vibe.
On the 26th of October, our learned master declared that even a 51% attack, though formidable in its guise, cannot render an invalid block legitimate. Imagine, dear reader, a cabal of validators conspiring or beset by a software bug-yet, they cannot pilfer thy treasures nor forge transactions! 🛡️💰
Alas, this level is naught but the pitiful low of a channel once rising gracefully, like a sparrow’s flight in summer’s gentle breeze. Now, the sinister bearish momentum beckons Chainlink to this fateful support.
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Now, the chaps poring over the daily charts tell me it’s recovering from a bit of a tumble – a retreat from a high near $126,272 to a low of $103,530. A rebound, you see, forming a short-term uptrend. Though, and this is the crucial bit, the volume doesn’t exactly shout “conviction.” A rally without proper support is rather like a picnic without sandwiches – distinctly lacking.
The main risk? The Stochastic RSI is looking ridiculously overbought at 93, and the profit-taking from traders could send AERO tumbling back to $0.86 – a little “reality check,” if you will. 🙄
For the week of October 19-25, a cool $587.92 million was raised across 22 projects. Talk about a crypto boom! 💰💸
According to Reuters, Ferrari unveiled its first proprietary token on Oct. 25 for its 100 Hyperclub members. These folks aren’t just rich-they’re elite. Think: people who buy cars for the thrill of owning a parking space and then charge admission. 🚗💸