Bitcoin’s Great Purge: Leverage Dies, Hope Survives? 🤔💀

Behold, the data speaks! Open interest, that fickle measure of futures contracts, has plummeted by 21% in the past 90 days-a nosedive so steep it rivals the despair of a man realizing his life’s work was but a folly. This is the sound of traders retreating, tails between their legs, as liquidations cleanse the overleveraged from their midst. Oh, the irony! The very instruments of their ambition become the noose around their necks.

🇨🇿 Bank Buys Bitcoin? Molière Would Say, “What Folly!” 🌐💰

The CNB Bank Board, in a fit of daring, approved this venture on the 30th of October, declaring it shall remain separate from their international reserves. “No further expansion!” they proclaim, as if to quell the whispers of madness. Governor Aleš Michl, the mastermind behind this folly, envisioned it in January 2025, inspired by the siren call of Bitcoin and its ilk. Yet, their ambitions do not end here; they speak of payments and tokenization, as if the world were not already a stage of chaos! 🤡

Taiwan’s Bitcoin Bonanza: The Future of Crypto as a Strategic Reserve!

Bitcoin Celebration

This audacious move is led by a gentleman called Dr. Ju-chun Ko-sort of the Robin Hood of financial wizardry-and he’s got allies like Samson Mow, who runs JAN3, a Bitcoin tech company hell-bent on making Satoshi proud. They’ve been chattering away like a flock of parrots about how relying solely on the old trusty reserves might be a bit, shall we say, risky. So, why not swap a few dollars for a splash of digital daring? 🚀