Crypto Chaos in India: Bybit Brings the Hammer Down 🤯

As if the GST weren’t enough, Bybit hath also announced the discontinuation of select services, including legacy crypto loans, the Bybit card, and multiple trading bots. Cardholders, take heed! Thou shalt be blocked from new transactions by July 17, and outstanding loans shall be auto-repaid. đźš«

Bitcoin’s Trillion-Dollar Secret 🤑

Now, I know what you’re thinkin’: what in tarnation is an “unrealized profit”? Well, it’s like this: it’s the profit you’d make if you sold your Bitcoin right now, but you haven’t sold it yet, so it’s still just a bunch of numbers on a screen. Make sense? 🤔

Euro vs. Crypto: Can The Old Lady Outrun The Dollar’s Digital Tsunami?

According to rather dramatic research, a staggering 99.8% of stablecoins swirling around European cyberspace are locked arm-in-arm with the greenback. Meanwhile, the euro sulks in the wings, robbed of its rightful stage, as America’s payment systems throw a Gatsby-level party in European finance. The ECB is not amused. Nor is your aunt who still keeps euros in her mattress.

Bitcoin’s Panic Button Malfunctioning

Ted Pillows, a market analyst with a name that sounds suspiciously like a pseudonym, has weighed in on the situation. He claims that historical data shows Bitcoin is yet to reach its peak price for the current market cycle. Because, you know, past performance is always a guarantee of future results… said no one ever. 🙄

10% NFT Sales Surge Leaves Earth’s Economists Questioning Reality (Again!) 🚀

Apparently, consensus reality decided to join the fun, with Bitcoin’s price rising to an absolutely normal and not at all eye-watering $108,000. Ethereum, not wishing to be left out, puffed itself up by 3.6% in a single week, mostly by sheer force of existential angst. And let’s not forget the global crypto market cap, which now stands at $3.33 trillion – up from $3.21 trillion, or, for those who struggle with numbers that big, “a whole lot of zeroes”.

Drake’s Bitcoin Betrayal: When Hip Hop Meets Crypto Chaos

The superstar, known for his enigmatic presence and lyrical prowess, surprised fans by dropping “What Did I Miss” during a July 4 Youtube stream titled “ICEMAN EPISODE ONE.” In this performance, Drake donned the guise of a worker on break, a stark contrast to his usual glamorous persona. The song delves deep into the theme of betrayal, a result of his 2024 clash with Lamar. Drake’s lyrics are a poignant reflection on the shifting loyalties of former allies, drawing a striking parallel to the unpredictable nature of bitcoin. He raps: “I look at this sh*t like a BTC / Could be down this week, then I’m up next week,” a clever nod to the cryptocurrency’s notorious price swings. This metaphor not only highlights the capriciousness of relationships but also adds a layer of financial wisdom to his artistry. 🤑