This landmark legislation creates a completely new category of property rights specifically designed for the digital age. For the first time in UK legal history, cryptocurrencies like Bitcoin, stablecoins, and NFTs have clear legal standing as personal property that can be owned, inherited, and recovered when stolen. 🧠✨
Whispers from the Market:
Ah, Ethereum! A volatile beauty that dances between glory and despair, like a diva caught in a tragic opera of liquidity swings and ETF outflows. One moment it’s soaring, the next, it’s plummeting. Truly, it’s the drama we never asked for, but are all too happy to witness.
Pi’s market cap has slipped to $1.91 billion, and trading volume has dipped more than 16%. Because nothing says “investment opportunity” like a 16% drop. 😂
ABTC ended the day in a sorry state, down 38.83%, settling at $2.19. However, the resilient (or perhaps delusional) investors managed to push it up by 10.96% in after-hours trading on December 3rd. It’s like watching someone trip and then awkwardly stumble back up – the effort is there, but the damage has already been done.
And just when you thought they couldn’t get any more overachieving, CleanSpark expanded its contracted power capacity by 11%, hitting more than 1.4 gigawatts. This is a fancy way of saying they can now mine even more Bitcoin, probably using their very own nuclear-powered Bitcoin machines. Not really, but you get the idea.
According to a press release so thrilling it could make a rock weep, Firelight’s “on-chain economic security primitive” will protect your assets from exploits. Which, honestly, is the only thing we’re all worried about. 🧠💥
But here’s the juicy bit: institutions suddenly decided to throw money around like they just discovered retail therapy. And honestly? The enthusiasm is… unsettling. In a “someone’s definitely had too much caffeine” kind of way.
In a Twitter post-because where else would one find the voice of reason-Severino proclaims that Bitcoin has a peculiar fondness for retracing its steps, especially to the subwave 3/4 of wave 3/4 of some impulse or other. The chart he parades around looks like a child’s crayon drawing, with a bold forecast: BTC might nose-dive to $42,000 early next year, like a drunken bird attempting flight but falling flat. All the while, the macro universe bounces serenely above, with the Federal Reserve playing poker with interest rates, almost certainly planning to cut again (because why not create chaos?).
Bitcoin, after enduring a tempest of panic selling and long-position liquidations, hath found its footing once more. The recent cessation of such frantic activity hath allowed the coin to recover with such vigor that its market capitalization hath swelled by a staggering 75 billion dollars in naught but ten hours. One might liken it to a gentleman regaining his composure after a particularly spirited duel.
