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The optimism surrounding Bitcoin is catching like wildfire! Investors are beginning to see it as the fortifying bulwark against the relentless gnashing teeth of inflation and the devaluation of fiat currencies. On October 16, the ever-eloquent Ricardo Salinas Pliego, chairman of Grupo Salinas (and, might I add, a self-proclaimed ‘gold bug’ turned crypto crusader), took to the social media stage to declare Bitcoin’s imminent rise. Honestly, the way he speaks, you’d think he found the Holy Grail of finance tucked behind his couch. 🏆

Behold, the noble Dogwifhat, a creature of both whimsy and resilience, treads steadily after the tempest of volatility. Its price, like a weary traveler, finds solace near the $0.50 mark on the Binance Smart Chain (BNB), having retreated from the lofty $0.80. The 4-hour WIF/WBNB chart, a canvas of human greed and hope, reveals buyers outpacing sellers-a quiet rebellion of retail souls. 🛒📈

The bears, ever the party poopers, crashed the $0.00001 support during the Oct. 10 flash crash. 🐺 The result? SHIB’s price dived to a yearly low of $0.0000085, proving that even crypto can’t escape the laws of gravity. 🚀

He throws out the question: “How can you be so sure you won’t get charged by the DOJ as a money service business just for building some non-custodial protocol?” Because apparently, in the DOJ’s mind, if it’s decentralized and you didn’t hold their hand, it’s probably a crime. Genius, huh? 🤡

Behold, the latest chart from Into The Cryptoverse, a beacon of false hope, declares Avalanche’s short-term bubble risk indicator has turned neutral. Neutral, they say! As if neutrality were a virtue in this chaotic realm. This “cooling off” from overheated levels is but a temporary reprieve, a cruel joke played by the market upon the unsuspecting. Historically, such resets have lured long-term investors into the abyss, promising “attractive re-entry zones” only to dash their dreams upon the rocks of volatility. The indicator, dipping below the 1.0 threshold, whispers of stability, yet we know better-it is but the calm before the storm. 🌋

According to Bloomberg (yes, the financial oracle), this savvy pivot is a way for these companies to not only weather the crypto market’s inevitable volatility but also position themselves as early adopters in the next wave of technological disruption. So, without further ado, let’s meet the brave souls leading this bold new charge:

Ethereum (ETH), that brooding poet of the blockchain, has mustered a 3.49% rise in 24 hours-a fleeting triumph, or merely a gasp before the plunge?

Maelstrom Equity Fund I, a private equity endeavor so audacious it could only be conceived by a man who’s spent more time in the crypto trenches than a Victorian gentleman in a rainstorm, aims to raise a staggering $250 million. This sum, if invested wisely (or not), could buy a small island, a few crypto startups, or a lifetime supply of existential dread. Bloomberg, that paragon of journalistic integrity, first reported the scheme, while the fund itself, with the subtlety of a sledgehammer, plans to acquire six “profitable” firms-presumably ones that don’t require a PhD in blockchain to understand. The fund promises exits so straightforward, even a goldfish could grasp them-no stock options, no earn-outs, just cash. A marvel of modern finance, if you ignore the fact that it’s all built on the shaky foundation of cryptocurrency, which is as stable as a house of cards in a hurricane. Hayes and his allies, ever the optimists, hope these firms will one day be snapped up by titans like Robinhood, Charles Schwab, or X. One can only imagine the chaos that would ensue.

This metric, which tracks value funneled into Russian wallets and addresses, is said to be fueled by a mix of “very large transfers,” rising DeFi activity, and the rouble-linked stablecoin A7A5. Because nothing says “economic resilience” like a token that’s basically a digital ruble with a side of glitter. ✨

And this mess? Well, it wasn’t exactly caused by a slow Tuesday. Rumor has it that President Trump, in his infinite wisdom, might have misinterpreted some China tariffs, which triggered a *slight* panic in the markets. I mean, who knew? A little confusion, and suddenly, *boom*, everything tanks.