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OKX’s $35.4B Reserves: A Tale of Crypto, Audits, and 🤑

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In a missive shared with crypto.news on the 30th of October, OKX proclaimed its 36th consecutive month of Proof of Reserves reporting, a feat as impressive as it is tedious. $35.4 billion, they say, fully backing customer funds. Verified by Hacken, no less-those stalwart guardians of blockchain security. 🛡️

tag, less than 100 characters, clickbait-style, with no repetition in the body. I’ll need to come up with a catchy, sensational title that fits the character limit. The user specified that the response must be in HTML format without using tags and no color styles. I should ensure that all the links and classes remain as they are, just the text is rewritten. Also, add emojis where appropriate for humor and sarcasm. Let me go through each paragraph and rephrase it in Steinbeck’s style while incorporating the required elements. Starting with the title: “Bitcoin Tumbles as Fears of an AI Bubble Drag Stocks Down” is the original. A clickbait title could be something like “🤖💸 AI Mania Implodes: Bitcoin’s Descent into Digital Despair!” which is under 100 characters and includes emojis. Next, the first paragraph: “The digital asset dipped below $107K on Thursday as concerns over excess investment in AI by tech giants triggered a stock market selloff.” In Steinbeck’s style, maybe something like “The digital coin, once a gleaming star, now tumbled like a leaf in autumn, past the $107K mark, as the shadow of AI’s insatiable appetite for capital cast a pall over the stock market’s once-bright hopes.” Adding a touch of melancholy and metaphor here. For the section about Alphabet and Meta’s investments: “Alphabet and Meta will shell out roughly $93 and $72 billion, respectively, for artificial intelligence (AI) development in 2025…” Steinbeck might describe this as “The titans of tech, Alphabet and Meta, with purses heavier than a farmer’s harvest, pledged $93 billion and $72 billion respectively to the altar of AI, their faith unshaken, though the ground beneath their investments trembled with the weight of their own hubris.” Here, using metaphors of titans and hubris to reflect the grand scale and potential recklessness. Including humor and sarcasm: When mentioning Microsoft’s spending, perhaps “Microsoft, in a display of fiscal daring, splurged $35 billion in a single quarter, a sum so staggering it could make a gold prospector weep into his coffee cup. These figures, unveiled like a condemned man’s last words, sent Wall Street’s nerves into a tailspin, and the markets followed suit, dancing to the tune of anxiety.” The coffee cup image adds a bit of humor. For the quotes from CEOs: “We want to make sure that we’re not underinvesting,” said Meta CEO Mark Zuckerberg…” Steinbeck’s style might be more verbose and reflective. “Mark Zuckerberg, the shepherd of Meta, declared in his earnings call, ‘We must not underinvest,’ his voice steady, though his stock’s value quivered like a leaf in a storm. Meta’s shares plummeted 11.63%, a testament to the market’s fickle faith in the face of AI’s uncertain promise.” The part about Alphabet defying the odds: “But unlike Meta and Microsoft, Alphabet (Nasdaq: GOOG) defied the odds, climbing 3.21%…” Steinbeck might write, “Alphabet, the odd one out, climbed like a phoenix from the ashes, gaining 3.21%, as analysts clapped their hands and muttered about turning threats into opportunities, though the jury’s still out on whether this was genius or sheer luck.” Adding emojis where appropriate: For example, in the FAQ section, using a 💸 or 🤖 emoji to add a touch of humor. Also, in the title, using emojis to make it more clickbait. Ensuring that all images remain in place, so the tags are untouched. The user mentioned retaining all images on their places, so I don’t need to adjust the image sources or captions. Finally, the conclusion and the market metrics: “Bitcoin was priced at $107,023.50…” Steinbeck’s style could be “Bitcoin, at $107,023.50, stood as a monument to both hope and despair, its price chart a rollercoaster of emotions, while the market cap wavered like a candle in the wind.” I need to check that the HTML structure remains intact, with all tags properly closed and no tags used. Also, ensure that the title is within the tag and doesn’t appear in the body. The user wants the title in the tag but not as a header in the body. So the original tags should remain as is, but the title shouldn’t be repeated there. Adding humor and sarcasm where possible without altering the factual content. For example, when talking about the AI investments, “a frenzy” could be phrased as “a gold rush mentality that makes the California Gold Rush look like a tea party.” Also, ensuring that the rewritten text flows naturally in Steinbeck’s style while maintaining the original information’s accuracy. Using more elaborate descriptions and metaphors, but keeping the key points intact. Let me piece this all together, making sure each section is transformed accordingly, and the final HTML meets all the user’s specifications. End of Thought (33.54s) 🤖💸 AI Mania Implodes: Bitcoin’s Descent into Digital Despair!

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The titans of tech, Alphabet and Meta, with purses heavier than a farmer’s harvest, pledged $93 billion and $72 billion respectively to the altar of AI, their faith unshaken, though the ground beneath their investments trembled with the weight of their own hubris. Microsoft, in a display of fiscal daring, splurged $35 billion in a single quarter, a sum so staggering it could make a gold prospector weep into his coffee cup. These figures, unveiled like a condemned man’s last words, sent Wall Street’s nerves into a tailspin, and the markets followed suit, dancing to the tune of anxiety. The Nasdaq dropped nearly 300 points, the S&P 500 crumpled by 44, and the Dow yawned, mostly flat. Bitcoin? It mimicked the stocks, shedding 3% as if sighing in exasperation.

🤑 TRUMP Token’s November Revival: A Farce or Fortune? 🎭

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As the month draws to a close, one can’t help but wonder if November will be the month this Solana-based trifle finally gets its act together. Accumulation trends, regulatory whispers, and technical tea leaves are all pointing to a potential renaissance for this coin. How utterly… intriguing. 🧐

Austen’s Market: A Tale of Two Ticks 📉💸

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has retreated below the £3.00 mark, a figure once deemed inviolable, now abandoned as ICP’s audacious foray to the £3.15 resistance level ended in a most unsatisfactory manner. A 3.2% decline to 2.9891, one might say, is but a humble return to the realm of mediocrity.

XRP: Meme or Money? The Crypto Drama Unfolds 😱💸

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XRP Price Chart

Melker, bless his heart, took to X (yes, that’s what we’re calling it now) to inquire, “What’s the current pitch for XRP? The token, not Ripple, the company.” 🧵 He wasn’t trolling-just genuinely curious. He pointed out that Western Union chose Solana for their stablecoin, and Swift went with Linea on ETH. Ouch. 😬 “Stablecoins are running the show,” he said. “So, what’s XRP’s deal? Asking for a friend.” The post went viral, because of course it did. 📈

Crypto Custodian’s $11M Mystery: Nevada Regulators Step In!

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A few years ago in 2023, Bitcoin.com News reported on the downfall of Prime Trust after reportedly losing access to a wallet holding customer funds. The company’s founder and former CEO launched Fortress Trust, which was later rebranded to Elemental Financial Technologies. A tale as old as time-just with more crypto and fewer horses. 🐴💨