Under the proposal, cryptocurrencies and stablecoins will be legally recognized as currency values that can be bought and sold. However, they remain prohibited as a means of payment inside Russia.
This decline, coinciding with Bitcoin’s most lackluster fourth quarter since the halcyon days of 2018, is being spun as a “rare setup,” a phrase that might as well be etched on the tomb of every over-optimistic investor. VanEck, with the aplomb of a seasoned raconteur, assures us that such dips are but the overture to a symphony of long-term gains, rather than the dirge of prolonged weakness. 🎻
On a Tuesday, as the sun cast long shadows over the digital frontier, Gnosis took to the X post, their voice crackling like an old radio. “We’ve done it,” they declared, “the funds are out of the hacker’s greasy paws.” A partial victory, perhaps, but a victory nonetheless. 🥳🙌
Glassnode, in a recent missive upon X, declared that nearly all crypto sectors had languished beneath BTC’s performance over the past three months, a state of affairs that bespoke “a market environment where capital concentration favors BTC.” A most solemn affair indeed! 🤷♂️
After a 39% nosedive in Q4-yikes-SOL is struggling harder than I do trying to find the right Netflix show. And while institutional investors are showing up with their wallets out, retail traders are nervously biting their nails, trying to figure out if SOL can hold on. Spoiler alert: it’s looking shakier than a Jenga tower.
Amidst the chaos of crypto’s circus, ADA’s price clings to its shrinking dignity, its structure tightening like a corset at a royal ball. Oh, the drama! Will technical signals bloom into a bouquet of gains, or wilt into irrelevance? 🌹💀
Bitcoin led crypto markets lower Tuesday, down by about 1% over the past 24 hours to just below $88,000. A true “I told you so” moment for the bears. 🦝
Ripple (XRP) token, now priced at $1.8800, has returned to levels last seen on Dec. 19, a date that now feels like a century ago. It’s currently trading at half its yearly peak, a performance that could double as a Bitcoin clone’s midlife crisis. 🐘
To calm the restless spirit of ASTER and quell the sell-side wolves, Aster DEX unleashed deflationary measures-sacred rituals of hope in a world of despair. 🧙♂️
Per the sagacious CoinGlass, the price of ZEC refused to dance to the tune of bullish hopes, wiping $1.44 million from long positions in a single fell swoop. One might say the market participants, like anxious spectators at a tragic opera, watched as their investments dissolved into the ether. Alas, the privacy coin’s charm, once a beacon for those wary of regulatory scrutiny, now flickers like a candle in a storm.