Bitcoin, that peculiar obsession of the modern age, continues to vex and fascinate. It climbs, it crashes, and the debates rage on. Having briefly grazed the heavens, the price has experienced a, shall we say, correction. Despite this, our two prophets, Saylor and Kiyosaki, step forward, radiating an almost unsettling level of conviction. They believe the cryptocurrency will, naturally, continue its ascent. New peaks are, of course, inevitable.
A 15.73% nosedive in Open Interest and liquidation clusters at $2.2? Sounds like the crypto equivalent of a fire sale. Better grab your popcorn (and maybe a life jacket). 🍿🛟
The Office of Foreign Assets Control (OFAC) has now slapped sanctions on eight individuals and two entities, including a Korean firm named KMCTC, which sounds suspiciously like a tech startup but is actually a front for hiding crypto. John K. Hurley, Under Secretary for Terrorism and Financial Intelligence, probably said something serious like, “Hackers fund nukes,” while sipping a $20 matcha latte. Meanwhile, OFAC updated the Specially Designated Nationals List with cryptocurrency addresses tied to North Korea’s First Credit Bank. Because nothing says “financial transparency” like a bank named “First Credit.”
Lucky Texas! The geniuses at CleanSpark snagged a whopping 271 acres near Houston, securing a monstrous 285 megawatts of long-term power-perfect for a dedicated AI data center that’s only slightly less ambitious than building a spaceship. Because diversifying is just what everyone does when they’re bored of making money from just Bitcoin, right? 🚀
Bitcoin, that fickle flame of fortune, has plummeted below the mark of 105,000, continuing a most ungentlemanly correction begun last week. Alas, Ethereum, Solana, and XRP have followed suit, their values reduced to mere shadows of their former glory, much like a dowager’s gown after a season of misfortune.
The Korea Composite Stock Price Index (KOSPI), now prancing at 4,221.87 points, has become the belle of the 2025 ball. Driven by AI’s golden goose, tech stocks like Samsung Electronics and SK Hynix have sprouted wings-doubling in value like alchemy gone right. 🚀
But fear not! A fresh wave of investors has stormed in, waving their wallets like pocket-sized flags of hope. They’re the kind of optimists who think “bear market” is a new flavor of lollipop. Will they save the day? Only time will tell-or perhaps a very grumpy oracle. 🧙♂️
Liquidations, those cruel harbingers of despair, have piled up like unpaid debts at a tavern. $1.16 billion worth of positions have been wiped out-mostly long positions, of course, because hope is the last thing to die, even in the crypto steppe. 🥃💸
With no apparent support levels until the magical, mystical $100K mark, one can’t help but envisage a swift, unceremonious slip below. If that happens, the old mid-cycle hangout at $97K-$98K might just become the coolest support spot-albeit only temporarily, like Uncle Henry’s ill-advised moustache wax. Keep your eyes peeled for the big boys: $100K, $101.5K, and $103K. Lose these, and it could be the biggest Bitcoin tumble since the summer’s fireworks-minus the fun, but with twice the crash.
Imagine, if you will, a once-proud stallion now reduced to a weary donkey, its mane tangled and its spirit broken. The ratio, which once boasted of 60 ounces of gold for a single Bitcoin in late 2021, has since stagnated like a forgotten pond. Gold, ever the quiet achiever, has set new records while Bitcoin flounders, unable to find its footing. 🏆🐌
