Bitcoin’s Big Slump: Crypto Market Loses $300B (And My Will to Live)

$300B down in one day. Bitcoin’s at $99,954, basically a psychological barrier it’s determined to ignore.

$300B down in one day. Bitcoin’s at $99,954, basically a psychological barrier it’s determined to ignore.
Published on his Telegram sanctum, “Investigations by ZachXBT,” a realm with 84.7k subscribers, the list-nay, the manifesto-cites Nigeria, India, Canada, the UK, and Russia. A curious bouquet of nations, each more labyrinthine than the last. “The UK is a third-world country,” quipped a devotee, “and Canada, too. A truth so glaring, it’s almost poetic.”
Over the past hour, XRP’s futures market has experienced a surge so sudden, it could only be explained by a cosmic alignment-or a particularly enthusiastic trader with a penchant for chaos. Open interest skyrocketed by 3.88%, as if the market collectively decided to ignore the last 24 hours. 🚀
siloed, opaque, and dependent on centralized infrastructure. Olas is breaking that mold by being an open, permissionless substrate for agents to operate on, setting the foundation for a new era of co-owned AI,” the Olas team said. 🧠 (Or a new era of digital serfdom)

Earlier this Thursday, the plummeting star, Bitcoin, dipped to a modest $101,411- a number that feels like the end of an extravagant, four-month-long party. Our beloved cryptocurrency, once soaring on the wings of $126,080 on October 6, now stumbles-down nearly 20%, into the shadows of correction, a digital descent with all the grace of a falling feather.

Poor SHIB, once the darling of the crypto carnival, has taken a nosedive-6.41% in the last 24 hours. That’s like watching a balloon deflate at a child’s birthday party. 🎈✨

Yesterday’s $9.7 billion AI deal with Microsoft (MSFT) has Wall Street analysts acting like they’ve discovered fire. IREN’s now supplying 200 megawatts of AI data center capacity, which sounds impressive until you realize it’s just 10% of their total power. But hey, who needs restraint when you can speculate on $2 billion in annual recurring revenue by 2027? 🤑
This unique combination recently paid off for Yurii Ovsii, a 44-year-old Ukrainian who resettled in Florida after fleeing the war in his home country. Despite requesting a full refund from a Coin Terminal token sale, Ovsii was randomly selected as the winner of the platform’s $10,000 lottery. 🎉 A tale as improbable as a bear market in a bull market.
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