This article points out that some major altcoins could face dangers in early October, potentially causing significant losses for traders who have borrowed heavily and are making short-term bets.
MrBeast-whose true alias is Jimmy Donaldson-had been musing aloud about the calamities and curiosities of AI-generated content, wondering what such mechanised artistry would do to YouTube and the millions of creators who earn their bread by the click. “When AI videos are just as good as normal videos, I wonder what that will do to YouTube and how it will impact the millions of creators currently making content for a living… scary times,” he sighed, as if the future were a tailor-made suit in a shop that also sells fables. 🤖💬
The higher-timeframe trend, my dear reader, is as bullish as a Russian bear in spring. Yet, the $4.7k region looms like a skeptical aunt at a family gathering, ready to dampen the spirits. Traders, take heed: caution is the watchword of the hour.
So, how exactly did the XRP ETF send out its wedding invitations without asking anyone for permission? One expert was like, “Silence is compliance,” so the ETF was like the cool kid who slid right into action after the clock struck the regulatory deadline. 🕓 It’s not like they needed a big ol’ thumbs up, right?
Now, in them feverish times where every crypto outfit’s clawin’ for the sharpest minds like dogs fightin’ over a fresh bone, Coinbase-y’know, that Nasdaq-listed giant COIN-has thrown down the gauntlet on Oct. 3, huntin’ a new Chief of Staff to stand shoulder-to-shoulder with President and Chief Operatin’ Officer Emilie Choi. This ain’t just any job; it’s built to fortify the homestead’s inner workings and sharpen the leadership edge as they dance through the ups and downs of market twisters and them pesky regulator shadows hangin’ like storm clouds. 😏
Bitcoin decided to have a little weekend shindig, spiking to a new all-time high of over $125,000. 🥳 That’s right, it’s not just your grandma’s knitting that’s hitting new heights these days. Meanwhile, Japanese investment firm Metaplanet was like, “Hold my sake,” and scooped up 5,258 Bitcoins on Oct. 1. 🍣💰
The losses have provoked no small measure of vexation among Pi’s devoted followers. Some now entertain the most distressing notion that the project may not endure. The esteemed crypto commentator Mr. Spock-whose logic is, one must admit, unimpeachable-has declared the collapse “basically a rug pull,” a sentiment shared by many who have mined Pi for years with naught but dust to show for their labors. And yet, a small but determined faction clings to the fantastical belief that each coin shall one day be worth $314,159-a notion most experts dismiss with the same enthusiasm one reserves for a soggy biscuit. 🍪
“The GENIUS Bill is the beginning of the end for banks’ ability to shaft their customers with microscopic interest!” he squawked on X, on Saturday, no less. Saturday! Like they don’t have enough to worry about on Shabbos!
As Bitcoin dances in the sunlight, basking in new highs, MYX, poor MYX, has found itself abandoned, wandering in the dark. The altcoin’s painful sell-off serves as a stark reminder that not all that glitters is gold – or, in this case, crypto.
While the Russian authorities, in their infinite wisdom, conduct raids to curb crypto trading-a futile dance with the devil-the gray market thrives, a grotesque symphony of greed. Alexey Korolenko, that paragon of clarity, declares, “It is impossible to close all exchange offices,” as if the very notion of order is a joke. 🤯
