The shock? Oct. 10. Trump, with the subtlety of a sledgehammer, threatened tariffs on China. Markets recoiled like a cat spooked by a vacuum. Bitcoin tumbled from $120k to $105k in a heartbeat. Alts? They fell harder than my dating profile after a bad haircut. 💁♂️
Ali, the analyst of the hour, has pointed out the $0.30 region as the critical support level for Stellar’s price. According to him, if the coin holds this position like a stubborn mule refusing to budge, there could be a glorious technical rebound toward $0.37. But let’s not get carried away-it’s not all smooth sailing. The chart shows a descending parallel channel, as though the coin is trapped in a game of “climb the mountain and fall down again.” But hey, every fall has a rebound, right?
Their latest move? Purchasing 100 BTC at an average price of $109,594. For context, that’s roughly the cost of a mid-sized island in the Bahamas, if the island had a Bitcoin ATM and a sign that read “No refunds.” 🏝️
The digital town square, naturally, erupted. A keen observance of the obvious, it seems, is still news. Atlas, apparently, is a shift. A shift! As if Ethereum wasn’t already perpetually shifting, a restless sea of code and speculation. But shift it is, they proclaim.
The rejection from the 0.618 level-a wound that bleeds lower highs on the 4-hour chart. History, that wily narrator, tells us such wounds fester, inviting more sellers to the feast. The Alchemist Trader, a modern Cassandra, warns of bearish volumes swelling like a storm cloud. Investors, those fickle gods, have cast their holdings into the void, leaving Ethereum to cling precariously to $3,900. A tentative grasp, a whisper of hope, but the bulls tire, their roars reduced to whimpers. If $3,900 falls, $3,385 awaits, a final bastion against the encroaching night. 🦹♂️🌧️
Unlike our mundane contrivances, quantum computers adhere to the uncanny principles of quantum slyness – where particles dwell in a state of denial, being and not being simultaneously. Such astonishing speed in computation could, in theory, peel back the encryption that secures the very essence of our digital treasures.
To put it briefly, dear Cardano, you’re no longer allowing your nemeses the sneaky pleasure of guessing the blockchain’s next “lucky number” in their sleep. With Phalanx, validators must dance to the tune of real-time computational work, proving randomness with all the drama of a Shakespearean soliloquy. There is no shortcut, no room for guile! One does hope this encourages them to put on their best act!
Bitcoin, that noble beast of the digital crypt, has slunk into November, its historically “fateful” month, dragging a coat of average gains at 42.51% since 2013. One might ponder-does this omen of fortune beckon a meteoric leap to $160,000, or is it a sly trickster’s jest?
Together, the vigilant allies in the battle against crypto-related mischief marshal their forces, orchestrating a symphony of enforcement models as promising as a samovar brimming with fine brew. In a joint declaration on the eve of October’s end in 2024, T3 FCU-an orchestration of Tether, Tron, and TRM Labs-heralded the freezing of over $300 million in ill-gotten gains since its birth amidst the lilacs of September 2024. This triumph epitomizes a burgeoning alliance, public and private alike, committed to severing the maligned tendrils of crypto-imbued misdeeds from our financial tapestry-including the seemingly inextricable knots of money laundering, fraud, and connivances most organized.
Peruse the blockchain’s sprawling account scroll, and you’ll find the “Relative Unrealized Loss,” a fancy glim of how much BTC-holding noobs (and grizzled old OGs) are currently grumbling about their portfolios. It’s like tallying up everyone’s I-put-my-house-down-on-Bitcoin regret. This ain’t the Wild West; it’s the Wild Crypto. 🐎_CRYPTO
