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GM. We plucked today’s headlines straight from the vine so you don’t have to go picking yourself. Here’s what’s ripe and ready: ? Crypto’s comeback arc; ? Ethereum expands its blocks; ? Australia eyes stricter crypto exchange regs, Conor McGregor slams Khabib’s NFT + more |
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The market woke up this morning, cracked its neck, and said, “Aight… nuff of that.”
Bitcoin popped back over $90K, and everyone’s pretending they weren’t bearish 2 days ago.
This comeback came with a clean lil’ reveng revenge arc – after getting dragged earlier this week, Bitcoin pulled off a squeeze that wiped out over $220M in shorts in the past 24 hours.
And this wasn’t strictly a Bitcoin comeback story.
While BTC was busy squeezing shorts, a new cast of characters stepped into the spotlight: altcoin ETFs.
These new products – XRP, SOL, DOGE, etc. – had more than $350M in cumulative inflows, even while some Bitcoin ETFs kept leaking.
The market responded instantly: ETH climbed back above $3K, SOL added a few percent, and even quieter names caught a bit of a bid.
Nothing crazy, but just enough to show there’s real interest forming.
Layer that on top of a macro vibe change – rising odds of a December rate cut (at ~86%) + a little pre-holiday risk-on energy – and suddenly the whole space feels lighter.
So yeah, crypto’s back on its feet – a little shaky, a little chaotic, but definitely alive.
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Lately, Ethereum kinda felt like a packed restaurant during dinner rush. Orders piling up, gas fees spiking, everyone hoping their transaction didn’t get dumped in the “we’ll get to it when we get to it” pile ?️ But this week, the chefs said: “We gotta expand the kitchen.” Ethereum’s validators pushed an upgrade to raise the block gas limit – the total “workload” a block can handle – from 45M to 60M.
A higher gas limit means each block can fit more transactions, whether that’s token transfers, smart-contract calls, or someone minting their 12th “experimental art” NFT. More room in the kitchen = fewer orders backed up = fewer customers screaming at the waiter about gas prices ? And the vibe from Ethereum co-founder Vitalik Buterin’s comments is that this is just the warm-up.
So yeah, maybe tonight’s meal actually comes out on time. |
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