As part of this money-makes-the-world-go-round cleanup, Kazakhstan is tightening the reins on crypto traders. Only the elites – those licensed exchanges with the golden stamp of the Astana Financial Services Authority and a cozy relationship with local banks – can play in this sandbox. All others? They’ll be meeting Mr. Penalty, who is known for his rather strict manners. 😏
Behold, Steve McClur, the CEO of Canary Capital, has revised his prophecy! From $5 billion to $10 billion in inflows for the XRP ETFs, he declares, with the gravitas of a man who’s seen too many charts. “A turning point,” he proclaims, as if XRP were a tragic hero in a Chekhovian play, finally finding its purpose in the third act. 🎭
As we delve into this melodrama, allow me to guide you through the calamities that have precipitated XRP’s unfortunate tumble below the $2.90 mark, alongside the plight of Stellar’s XLM, which is desperately clinging to the noble $0.38. Which fate lies ahead: a stomach-churning plunge or the faintest glimmer of stability?
Behold, the tale of “0xd0a2,” a modern-day alchemist who transmuted $3,500 into $7.9 million in a mere three days. A 2,260-fold return! The gods of blockchain, surely, have smiled upon this mortal. Lookonchain, the oracle of our times, has etched this miracle in stone. 📜💰
With this illustrious approval, the daring Bitgo can now steer its ship into the tempestuous seas of an integrated OTC trading desk and unleash an electronic trading platform capable of spot trading in a veritable cornucopia of thousands of digital assets and stablecoins. Picture it: an oasis of aggregated liquidity, flowing like a mirage, sourced from a myriad of market makers and exchanges. One can only wonder what this must feel like from the air-conditioned comfort of their Dubai office!
On the charts-those mystical maps of greed and fear-a tale of accumulation and selling risk unfolds. Short-term weakness lingers like a stubborn cough, yet hidden bullish signals whisper that the pullback might be losing steam. But beware, for one risk remains, lurking like a grumpy cat in the shadows.
Peterson, in his X post, proclaims a 50% chance of this marvel, citing simulations from a bygone era. “A 50% chance above $140k,” he quoth, “but 43% below $136k.” Such precision in guesswork! 📊
In a move that would make even the most jaded financier raise an eyebrow, the company proclaimed these new deals on October 7th, no less. The contracts, for the deployment of Nvidia’s Blackwell GPUs, are as coveted as invitations to a Wilde soiree. To date, 11,000 of their 23,000 GPUs have been spoken for, a coup that translates to a tidy $225 million in annualized run-rate revenue. 🤑💼
While the crypto market dons its rose-tinted glasses, HBAR’s investors are busy eyeing the exit like partygoers at a dull gathering. 🥳👀 The disconnect between sentiment and price action is as glaring as a clown at a funeral. 🤡
But wait, there’s more! Grayscale’s Solana Trust (GSOL), still awaiting its ETF coronation, has also joined the staking fiesta. Will it become the first Solana ETP to stake its claim? Only the regulatory gods know. 🙏
