Traders, those poor souls, are drawn to PEPE like moths to a flame, their leverage increasing in the absence of direction. Yet, their conviction is as thin as a nihilist’s hope. They probe, they hesitate, they manage risk-a dance of indecision, a ballet of despair. Leverage flows, but not with the fervor of the damned; it trickles, cautious, like tears at a funeral. 😢
Regulation? Oh, it’s coming. Like a slow-moving train that’s already derailed. But hey, at least it’ll make things “clearer” for the big boys. 🎯
As of now, Bitcoin hovers near $86,935, a slight descent after failing to hold its recent gains. The holidays, with their sparse trading volumes, ETF exoduses, and a mountain of options expiring, have turned the crypto arena into a battleground of despair. 🧊📉
Let’s not forget the saga of India’s crypto legislation-more twists than a soap opera. Last year, CoinDCX was a victim of a cyber heist, with scammers siphoning off ₹285 crore through fake jobs and shady investment apps, converting their loot into USDT like it was some magic trick. Meanwhile, ₹8.46 crore was seized by the ED, adding a touch of bureaucratic flair to an already colorful tale. 🎭
Guillemot explains that Midnight will act as a privacy layer-or, as I like to call it, “the blockchain version of a really good therapist.” Users can now interact across ecosystems without switching wallets, which is like saying you can eat dessert and main course at the same time. 🍰🥩
The distributed asset value has continued to climb, reaching a new all-time high despite unfavorable market conditions. Because obviously, who doesn’t want to own a piece of a building in a world where reality is just a suggestion? 🤯
On that fateful day of October 6, Bitcoin reached a dizzying height of over $126,000, only to plummet into the depths of despair shortly thereafter, following a $19 billion liquidation event. Today, as we muse over the state of affairs, our beloved Bitcoin hobbles along at $87,015 per coin, down 6% in a mere fortnight, according to the ever-reliable CoinGecko. One might say it’s as if Bitcoin has taken a tumble down a particularly steep hill, gasping for breath at every turn.
Now, here’s the plot twist: Kiyosaki, who used to be quite the Bitcoin cheerleader, has recently shifted gears. Instead of shouting “Buy! Buy! Buy!” he’s been more like a monk in silence, focusing on silver and gold. Because nothing screams ‘safe investment’ like shiny, heavy metals – perhaps more reliable than a volatile crypto roller coaster with all the grace of a drunken elephant.
According to the proclamations of its architects, developers may now forge quantum-resistant accounts and execute transactions, their sanctity guarded by this new algorithm. A bold claim, indeed, in a world where Bitcoin, the once-unassailable titan, now appears as a lumbering giant, its developers confessing that their transition to such standards shall be a marathon, not a sprint. Jameson Lopp, the sage of Casa, estimates a decade or more for Bitcoin’s network to adapt-every node, wallet, and coin must bow to the new cryptographic decree. A Herculean task, no less. 🏃♂️💨
But fear not, dear investors! There’s still a glimmer of hope that some brave souls may swoop in to buy up this beleaguered altcoin before the clock strikes midnight on New Year’s Eve.
