Now, as the market slowly recovers, attention is returning to XRP ETFs. Many investors are asking whether these ETFs could trigger a big price rally or even a parabolic move. 🧠 Let’s just say, if the ETFs were a dating app, XRP would be the “I’m just looking for fun” profile that ends up changing your life. 🤯
The claiming period ends on November 3, but the real fireworks started when the crypto crowd-especially those on X (formerly Twitter, because why not rename everything?)-realized the eligibility criteria were about as clear as a London pea soup. 🌫️ Hyperliquid (HYPE) traders and HypurrNFT holders are left scratching their heads, wondering if they accidentally wandered into a blockchain version of *The Hunger Games*. 🏹
This pullback? Oh, it’s got more drama than a Larry David sitcom. Last week’s tariff shenanigans and Monday’s resistance fade-classic. Traders are now staring at their screens like, “Is this the dip before the rip, or are we headed for the abyss?” 🤔
In case you’re wondering, the idea is to throw their identity system onto a public blockchain. But don’t worry, they’re not putting your grocery list or your pet’s vaccination records out there for everyone to see. Private personal data? That’s staying in a vault somewhere, probably with a very serious-looking lock on it. Phew, right?
The Put/Call Ratio on OKEX, that fickle oracle, hinted at a fleeting bullish sentiment-a mere mirage in the desert of despair. Yet, other harbingers spoke of waning enthusiasm. The long-term investors, those stoic souls, remained ensconced in their profits, sipping tea while the world burned. 🍵
The chaos began with a crypto weekend so dramatic, even the moon paused to watch. But it wasn’t just the market’s antics-BNB had its own little party, fueled by a string of “catalysts” that made it dance like a caffeinated squirrel. 🐿️
But fear not! Analysts, those modern-day seers, insist that a Nasdaq listing and ETF buzz might just be the magical incantation needed to resurrect the long-lost $1 target. Because nothing says “confidence” like a cryptocurrency that’s basically a meme with a wallet. 🚀
“Either a colossal shakeout, confirmed by a swift ascent to new heights within the week,” he proclaimed, his voice echoing through the halls of crypto prophecy. Yet, with a sigh, he admitted the possibility of a more bearish fate. 🌪️
With stablecoins sneaking into the mainstream-yay, progress!-Stripe had to announce their subscription billing in USDC starting on Base and Polygon because waiting until next week might seem anti-climactic. This new thing is supposed to help the 30% of merchants who live for those sweet, sweet recurring payments.
Like a phoenix-or perhaps just a very persistent pigeon-Ethereum rose from the ashes of $3,950. It even had the audacity to reclaim $4,000, as if last week’s panic never happened.
