Category: Crypto news

Remember that application they submitted to NYSE Arca on December 3, 2024? Yeah, it’s still sitting in the SEC’s “To Do” pile. 🗂️

According to AMBCrypto’s analysis of Glassnode data (because who doesn’t love a good data dive?), XRP’s active addresses have skyrocketed by 490% since hitting rock bottom in 2022. Meanwhile, Bitcoin’s trading activity has only managed a meek 10% increase. Talk about a glow-up! 💅

As the curtain rises, we find ourselves amidst a cacophony of economic uncertainty, courtesy of former President Donald Trump’s audacious “Liberation Day” tariffs and China’s swift countermeasures, which have sent global markets into a delightful tailspin. 🎢

According to some local media buzz (because who doesn’t love a good buzz?), the Third Panel of Brazil’s Superior Court of Justice gave a unanimous thumbs-up for judges to send out those ‘we’re coming for your crypto’ letters to brokers. It’s like a breakup text, but for your Bitcoin.

He’s not just pulling this out of thin air. Egrag says it took 147 days for XRP to reach its peak after touching the 21 weekly EMA. So, July 21 could be the big day. But don’t get your hopes too high. The cycle might extend to November 9, 2025. Just saying. 😅

Historically, these moments have been like the calm before the storm. Either everyone sells in a panic, or they buy in a frenzy, leading to a market movement that feels like trying to predict the weather with a coin flip. 🤷‍♂️

Many an altcoin investor now faces the grim visage of loss. Yet, our wise analysts see this as a setup phase for what may become an altcoin season. A time when the sun shines bright on the underdogs of the crypto world. 🌞

Now, Lorenzo Valente, the Director of Crypto Research at ARK Invest (because who doesn’t want a title that sounds like a superhero?), has graced us with his insights. He’s got the scoop on Circle’s financials, competitive positioning, and the implications of this IPO. Spoiler alert: it’s not all sunshine and rainbows. ☁️

What was once a bullish romp through the crypto meadows has turned into a bearish fiasco, marked by a Change of Character (CHoCH) that could rival the plot twists of a Nabokovian tale. The price, much like a protagonist in a tragic novel, broke beneath its previous support, signaling a shift in narrative from bullish to bearish. The momentum of the buyers, once robust, now wanes like the fading light of a setting sun. 🌅➡️🌑

Lo and behold, the crypto market 🚀stands tall, defying gravity! At the time of writing, the total crypto market cap hovers at a robust $2.66 trillion, boasting an intraday gain of 1.53%. It seems the crypto beast is flexing its muscles, determined not to join the bear 🐻party of NASDAQ and DOW. But why, oh why, does crypto remain so resilient? Let us embark on a quest to unravel the mystery!