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As dawn broke, the market’s mood was as gloomy as a Tolstoy winter-sullen and unforgiving. Strategy Inc. (MSTR), proud guardian of Bitcoin’s treasury, tumbled 3.3%. Coinbase (COIN), the grand marketplace of digital dreams, declined by 3.12%, like a grand estate losing its luster in a flood of bad news. Robinhood (HOOD), that oft-cherished tool of the common man, fell 3.35%, perhaps realizing that Robin’s wings are not always so soaring. The smaller firms-SharpLink and BitMine-shrieked and fell by nearly 4.3% and 4.9% respectively, as if they could feel the cold wind of a market that no longer cares for their fragile hopes.

Bitcoin, that capricious beast, plummeted 17% from its lofty perch on Tuesday, now wallowing beneath $104,000 like a disgraced tsar.

Polymarket, not to be outdone, welcomed more than 477,000 active traders to the platform in October-its largest monthly user base yet. This represents a remarkable 48% rise from September, leaving the previous peak of 462,000 traders-achieved during the highly charged U.S. elections of January-seemingly in the dust. Ah, the joys of a good market spike! 😏

Oscar Ramos, a man of some 160,000 subscribers, whose digital pulpit is devoted to the arcane rites of XRP, found himself once more at the mercy of these capricious gatekeepers. His latest transgression? A video on the Ripple Swell Conference, a gathering so innocuous it could scarcely rouse a slumbering AI.

In a recent X post (because, apparently, tweets are for peasants now), Buterin called modexp “by far the worst offender” in ZK-EVM prover inefficiency. Like, it’s 50 times more complex than your average block. FIFTY TIMES. That’s like trying to explain quantum physics to a goldfish. 🐠

The trend’s as bearish as a grizzly in a tutu, but maybe-just maybe-MNT’ll bounce to $1.4 before the next “surprise” bearish nosedive. Think of it as a rollercoaster with no seatbelts. 🎢

These firms are proceeding upon a path most unconventional, planning to list their offerings without awaiting the customary and, one dares say, often dilatory, approval of the SEC. A similar manoeuvre was previously undertaken with Grayscale’s Solana ETF, which appeared, as it were, sans formal encouragement. The presumption, one assumes, is that a favourable outcome is practically assured.

This move, ostensibly to beef up their custody empire launched in October 2024 (a date nobody remembers, not even the moon), aims to make Ripple’s financial juggernaut more intimidating. Palisade, the darling of rapid wallet deployment, already plays nice with the XRP Ledger, proving once again that the blockchain world is just a giant digital playground for the wealthy and ambitious. 🎢

“Red October” has come and gone, leaving behind a trail of shaken convictions and dampened spirits. Yet, the analysts, ever the optimists, wave their hands dismissively, insisting this is no harbinger of doom. 🧐 But who are we to believe? The numbers, or the soothsayers of the crypto world?

Hyperliquid lists on OKX as HYPE trades at $41.23 with 2% dip and TVL rises to $4.899B ahead of potential $50 target 🤔