GBPJPY

Come Friday, November 21, Dara took to the social media megaphone-known as X-declaring his campaign and revealing a blueprint for his grand plans. His mission? End the “lawfare”-that fancy word for “legal bullying” – where current AG Letitia James seems to think she’s auditioning for a spot in political Hollywood rather than safeguarding the law. Apparently, her focus is less about justice and more about her upward climb. Athletic, no? 🏃‍♀️💼

Daily volume? A paltry $50.3 billion. ETH, down 10% in 24 hours, nearly 15% in a week. Yet, in this maelstrom of numbers, hope flickers like a candle in a storm. The price has retreated to zones where buyers once roared, their wallets open, their hearts aflame. Will they return? Or is this but a cruel jest, a prelude to further ruin? 🤡

Frozen below the value of their crypto stash, these companies must evolve. No longer content with simply “securing the booty,” they now strategize to utilize their BTC as anything more than a pretty bauble on their balance sheets.

The Facts

But while the drop looks like a bad day at the office, macro investor Raoul Pal is here to remind us that this isn’t the first time the market has thrown a tantrum. History, he claims, is a great teacher-if you’re willing to ignore its warnings. 🧠

The move puts Bitmine in a safer regulatory lane and differentiates it from peers like MSTR, setting the stage for long-term ETH staking returns. 🚀

The price is a big shpilkes, sure, but not the whole story! Sometimes money goes in even when the price is fallin’! It’s like tryin’ to understand my mother-in-law – there’s always more goin’ on than meets the eye! 🤨

Observe, if you will, the netflow data. A picture, as they say, is worth a thousand sighs. Yesterday’s inflow – a positively colossal +137 billion! – tossed aside the meager outposts of previous accumulation like so much dust. A single, decisive heave! It was a lamentable spectacle, truly. A most undignified tumble.

But hold the rye! We have a story, a schpilkes of a story! There’s this guy, we’ll call him the “Anti-CZ Whale” – a name that frankly sounds like a rejected superhero. This fella made a fortune betting against CZ (who, let’s be honest, has enough money already). He was swimming in cash, a regular Rockefeller of the blockchain… until now. 💸