Theirs was a tale of audacity, buying what they saw as pieces of the digital pie at an average of thirty thousand dollars each. But then came a dip, and that coin-oh, such capricious glimmers-plummeted to around sixteen thousand dollars. Sliding down like a hillside under rain, the company seized the moment, slotting Bitcoin into their bunch of holdings with the fervor of a Florida land scam.
Imagine a pack of crypto enthusiasts, led by the Solana Policy Institute, marching up to the White House like a bunch of overexcited squirrels. 🌰 They’ve got a coalition of 65+ crypto organizations in tow, all chanting in unison: “Trump, oh Trump, save our blockchain dreams!” 🗣️ Yes, you heard that right-even the blockchain wants a piece of the Trump drama. 🍿
This ignominious retreat, naturally, mirrors the general air of panic afflicting the more speculative corners of the financial world. Unprofitable tech firms, those AI enterprises built on nothing more substantial than fervent hope, are all experiencing a similar fit of the vapours. Investors, it seems, are finally noticing that spending and valuation do, in fact, need to have some connection to reality. A positively shocking revelation.
Dear reader, the Bitcoin sentiment meter’s gone and flopped face-first into the dirt-so low, in fact, that 10x Research reckons we might be staring at a “tactical low.” Now, don’t get too excited-“tactical” here means the sort of low that’d make a gambler’s heart skip a beat, not your mama’s “safe as houses” investment.
Bitcoin, that digital rollercoaster of despair, has recently slithered below $82,000-a six-month low that has investors weeping into their artisanal coffee. Two months of relentless decline have left the crypto faithful questioning their life choices, their portfolios, and whether Elon Musk will tweet something unhelpful again.
You bet your sweet moneys! Less mining means less security and slower doodahs driving block magic. 🚫💪
Mr. Brad Garlinghouse, a gentleman of considerable influence in the realm of Ripple, has declared with all the confidence of a man who has never misplaced his pocket watch that XRP is now upon the precipice of a most extraordinary “rush.” This proclamation arrives, alas, at a moment when the poor dear XRP has been languishing in the doldrums of bearish sentiment, its price descending with all the grace of a debutante tripping over her own petticoat. 💔📉
These creatures of liquidity, with wallets heavy and full in their possession, oscillating modestly but surely between one million and ten million tokens, plunged the already quivering market into further disarray. And to what end? At a time where bearish winds howled fiercely not only in XRP’s cavernous den but across the entire crypto realm. The beleaguered asset, succumbing to this noble procession of doom, tumbled a heartbreaking 10.32% in a mere twenty-four hours. With a shudder, it slipped beneath the precarious embrace of the $2 psychological threshold, grazing the lows at a precipitous $1.85.
Veteran futures trader Peter Brandt has affirmed his long-term bullish stance on bitcoin ( BTC), stating he is unfazed by the current price slide, which has erased all of the cryptocurrency’s 2025 gains. In a Nov. 21 post on X, Brandt declared that the current “dumping is the best thing that could happen to bitcoin,” and he projects the cryptocurrency to eventually reach $200,000 sometime in the third quarter of 2029. 🌀🔮
Following the chaos, about $903.1 million decided to politely exit Bitcoin funds – apparently, the crypto equivalent of a “sorry, I’m busy” hand wave. Ethereum wasn’t left out of the drama either, shedding $261.6 million from its wallet and straining to stay above the $2,700 line – like a pun on “Ethereum, oh dear.” Ethereum’s resistance at $3,200 seems as stubborn as a cat refusing a bath.