Ki Young Ju, with the solemnity of a priest, proclaims Bitcoin’s inflows have withered. Diversified liquidity channels and institutional treasuries-MicroStrategy’s BTC hoard chief among them-have severed the ancient chain linking whales to retail. No longer do bears dance when whales yawn. The market now crawls sideways, a sloth in a gilded cage. 🐢
According to Matthew Sigel, Riot Platforms sold $200 million in Bitcoin last November. This is a significant change, as the company didn’t sell any Bitcoin during the same month the previous year.
The exodus of Zcash’s luminaries is a cautionary tale, my dear reader, of what happens when the muse of technical autonomy is strangled by the bureaucratic hands of nonprofit boards. 🖐️🎨 Even when the protocol remains pristine, the misalignment between visionaries and administrators can prove fatal. In this farce, the Bootstrap board overstepped its bounds, meddling with employment terms as though they were rearranging flowers at a dinner party. How gauche! 🌸😒
Let’s recap: XRP was cruising along, the golden child of ETFs, all “look at me, I’m inflowing nonstop!” Then BAM-Jan. 7 hits, and suddenly $40.8M walks out the door. Total assets plunge from $1.65B to $1.53B. Talk about a mood swing. 📉💥 (Cue dramatic gasp emoji.)
The policy, which directly targets BRICS nations like India, China, and Brazil, aims to “starve Putin’s war machine” with a fiscal sledgehammer. 🦋 Republican Senator Lindsey Graham, ever the cheerleader for Trump’s policies, confirmed the move on social media, declaring it a “masterstroke of geopolitical chess.” 🎤
The pronouncements of ‘crypto.news’ – cold, sterile data – confirm it. A fall of 2% in the last 24 hours. Such precision! As if numbers can truly capture the existential dread of a declining portfolio. A chilling $3.2 trillion, they say. A pittance, really, when contemplating the vast emptiness of existence.
Brian Sullivan, our ever-enthusiastic host, has declared XRP the pièce de résistance of this year’s crypto buffet! Forget about Bitcoin and Ether, sweeties; it’s XRP that’s stealing all the limelight! Apparently, there’s “big money” behind this glamorous little number, and who wouldn’t want to be in the front row for that show? 💰
They’ve amassed 2,174,583 SOL, a considerable pile of shimmering code, even as the market yawns and stretches, weary from its decline. One imagines those SOL tokens, huddled together for warmth, questioning the wisdom of their custodian.
On January 6th-yes, that date-bankers sent a panicked group text to Congress via the Bank Policy Institute (BPI). Spoiler: It wasn’t about democracy. They’re mad the new stablecoin rules let crypto exchanges run shadow banks that pay 20x what your sad little savings account offers. 😅
In a post on X-formerly known as Twitter, though I’m not sure why anyone bothered changing the name-the Bull Theory analysts pointed out the curious timeline of Bitcoin’s October crash and its January recovery. According to their theory, the whole affair looks suspiciously like a carefully orchestrated dance, complete with tumbling prices and abrupt recoveries. The first domino fell on October 10, when MSCI-once cozy with Morgan Stanley-proposed booting Digital Asset Treasury Companies (DATCOs) from its global indexes.