Ripple’s IPO Snub: A Tale of Wealth, Wit, and Stablecoins 🤑

President Monica Long, with the poise of a Tolstoy heroine, declared on January 6 that Ripple shall remain private. “Why dance in the public’s gaze,” she mused, “when our coffers overflow with $500 million raised in November 2025 at a $40 billion valuation? Our balance sheet is as robust as a Russian winter, and we shun the burdens of disclosure like a nobleman avoids taxes.” 😏

XRP’s Soul-Stirring Dance: Will It Waltz to Glory or Stumble in the Abyss? 🎭💸

Behold, it tumbled from $2.41, shattering the fragile $2.32 support like a heart broken by the whims of fate. A precipitous plunge to $2.21 was met with the desperate embrace of buyers, allowing it to stagger back to its current perch. The question now hangs heavy in the air: will XRP ascend to reclaim $2.31-$2.32, or shall it be condemned to wander in the downward spiral of despair? 🌀

Bitcoin’s Funding Frenzy: A Whimsical Wobble 🚀

In a thrilling X post that’ll make your socks tingle (or at least your portfolio), Glassnode spilled the beans on Bitcoin’s perp funding rates. Now, what’s a funding rate, you ask? It’s that cheeky little fee longs and shorts swap like trading cards at recess. Positive number? Bulls are charging like caffeinated elephants! 🐘

SOL: To the Moon… Or Just Around the Block? 🚀

It mirrored the movements of Bitcoin and Ethereum, a pale imitation. Solana’s little climb above $130. It wasn’t a roar, more of a polite cough. Then, a fleeting glimpse of $142-a momentary defiance of gravity. And like all such things, a slippage, a retreat, a humbling return to the 50% Fib retracement level. Such drama!