The derivatives market, that fancy dance hall where fortunes are made and lost, took a hit too. But now, as the market straightens its tie and smooths its hair, the dancers are returning. Bybit, that shrewd observer of the crypto ballroom, has teamed up with Block Scholes to tell us the music’s starting again. 🎻
As if it weren’t enough to deal with the chaos in the markets, the week of Nov. 30 has treated us to a delightful performance by U.S. equities, crypto assets, and of course, the mighty precious metals. As of Sunday, Nov. 30, gold is flirting with $4,219.55, showing a modest 1.37% increase against the dollar in just 24 hours. Don’t get too comfortable, though, because this precious metal had a spicier week. A 3.64% rise and, believe it or not, a 7.5% climb over the past month. But hold on, this is no time to applaud gold yet-let’s talk about silver, shall we?
As for XRP itself, it clung to the $2.19-$2.20 range with the tenacity of a man refusing to leave a bar at closing time. The occasional nudge upward sent overzealous longs tumbling like dominos, their bravado shattered by a mere flick of the candlestick. Shorts, meanwhile, lounged in their corner, unbothered by margin calls, for the chart dawdled like a tortoise in a tea room-slow, steady, and utterly unimpressive. It was the financial equivalent of a yawn in a room full of snoring walruses.
In the chilly embrace of November, Sei’s decentralized exchange activity burst forth like a spring bloom. Crypto Aman, that sage of spreadsheets, proclaims DEX volumes surpassing $500 million-a testament to the network’s vigor. Dashboards, those silent chroniclers, report a 30-day cumulative volume of $411.7 million, a steady rhythm of trader engagement across protocols. Oh, the drama of it all! 📈💸
Key points (because who doesn’t love a good list?):
It’s currently clinging onto the $1 mark, which is good, I suppose. Like a climber desperately holding a ledge. But mostly, it’s just…sideways. Thrilling. The kind of action that keeps crypto analysts in business, mostly.
Imagine, dear reader, that Apple Pay is now intimately entwined with Bitcoin and its kind-no more clumsy bank transfers or scribbling endless forms like a confused clerk. CryptosRus, that modern oracle, announced on X that users can now buy Bitcoin right within Trust Wallet, as easily as swiping right on a dating app. How charming! Soon, acquiring crypto will be as routine as purchasing an app from the shop, minus the tears and nervous sweating. A simple tap here, a blink there, and suddenly you’re a crypto owner-boosting confidence in the digital age, one smartphone at a time. 📱😂
Meanwhile, other countries are either Team CBDC or Team Stablecoin, but Uzbekistan’s like, “Why not both? Let’s confuse everyone!” 🌍🤪
Imagine, if you will, the tragic farce: victims enticed by the mirage of high-paying overseas jobs, only to find themselves ensnared in compounds of despair. There, they are forced to weave the very webs of deception that ensnared them-voice phishing, romance scams, investment fraud, and the ever-elusive cryptocurrency schemes. A grim ballet of exploitation, where the line between victim and perpetrator blurs like ink in water. And yet, Interpol notes with a sigh, not all are trafficked; some merely toil in these hellish workshops of deceit, though their plight is scarcely less dire. Those held against their will endure conditions that would make the heart of a stoic weep: violence, torture, exploitation, and the unspeakable violation of their very humanity.
