🤑 Crypto Bulls Sniff QT’s Last Gasp: SOFR Whispers October Twist 🕰️

Whispers now swirl like autumn leaves that the Fed’s quantitative tightening (QT) campaign, that stern governess of liquidity, may soon be shown the door. “QT could be done by October,” proclaimed Felix Jauvin, host of *On the Margin*, with the gravity of a man predicting rain from a cloudless sky. Sahil Mehta, ever the data-driven Cassandra, noted the SOFR-RRP spread’s 29bps on a “random Wednesday”-a detail as trivial as a misplaced comma, yet somehow portentous. Joe Consorti, Head of Growth at Horizon and Theya, painted the scene with the subtlety of a carnival barker: “Regional banks down 4.5%. Gold at $4,300/oz. SOFR/RRP spiking. Feels like a policy response is imminent.” One can almost hear the Fed’s dovish coos in the distance, a lullaby for liquidity-starved markets.

Bitcoin’s $104K Descent & the $117K Mirage: Hope, Despair, and Leverage’s Last Laugh 🚀💸

Yet, amid the ruins, a chorus of self-proclaimed prophets chants: “Recovery is nigh!” As if the market’s eternal carousel of hope and ruin requires yet another spin. Joao Wedson, high priest of Alphractal, declares that shorts-those modern-day vultures-may yet feast on their own hubris. A $117K rebound? “Hours away,” he claims. One wonders if his crystal ball is powered by blockchain or sheer bravado.

Ripple’s Billion-Dollar Crypto Dream: To Raise or Not to Raise? That is the Question 😏

Apparently, Ripple intends to finance this ambitious scheme through a sort of financial illusion-SPAC, or a shell company, as the cynics might call it. It’s a method as old as the hills, only now dressed in shiny new digital attire, perfectly suited to the age of crypto. Meanwhile, the entire market is suffering from last week’s spectacular sell-off-a kind of financial tantrum that left billions in tears and investors hoarding their XRP like day-old bread.