Crypto’s Doom: Business Cycles Strike Back

Rumors whisper that easing tensions between the US and China might give risk assets like Bitcoin a fleeting boost. Ah, geopolitics-just another spice in the stew of market chaos.

Rumors whisper that easing tensions between the US and China might give risk assets like Bitcoin a fleeting boost. Ah, geopolitics-just another spice in the stew of market chaos.
🎉 Institutional investors are finally waking up and smelling the XRP! SBI Holdings, the Tokyo-based financial wizards, just dropped a cool $200 million on Evernorth Holdings Inc., a company so XRP-crazy, it’s going public on Nasdaq under the ticker XRPN! 📈 Evernorth’s mission? Hoard XRP like it’s the last slice of pizza at a party! 🍕
In a daring twist, the Federal Reserve may soon grant fintech and blockchain firms direct access to its vaunted payment rails. This bold plan could forever alter the U.S. financial infrastructure, or, depending on your perspective, give the blockchain world the VIP pass it’s been begging for. Governor Christopher J. Waller, at the Payments Innovation Conference in Washington, D.C., on Oct. 21, let slip that the Fed is exploring a new “payment account” concept. Oh yes, this could mean that the U.S. central bank might soon open its doors to fintechs and crypto firms, letting them glide smoothly into the world of traditional finance.

Behold! The price of FLOKI, that wayward comet, ascended 30% in hours, as if the market itself had taken a sip of champagne and forgotten its rules. Volume, that fickle lover, surged 780%, whispering promises of riches to those who dared to follow. The token flirted with $0.000088, a level last seen in the twilight of a bygone week, as if the market were playing a cruel game of hide-and-seek.
The Facts, as They Are:

Aifinyo, operator of Smart Billment-a digital invoice platform for 8,000 German businesses-hath declared every invoice paid shall birth Bitcoin for shareholders. Stefan Kempf, chairman and self-proclaimed “Bitcoin-Maschine” architect, proclaims: “We turn invoices into digital gold! No need for pickaxes when spreadsheets suffice!” 📈
The community, ever the anxious scribe, scribbles theories in the margins of its collective ledger. Some whisper of a grand design: that these funds may yet trickle down to underpaid developers, those weary souls who toil in the shadow of blockchain’s glittering towers. Yet, as with all mysteries, the truth remains shrouded in the fog of speculation.
Shorting Bitcoin at 10x leverage is like betting your firstborn on a coin flip, but with more spreadsheets. At $111,190 per BTC, our aquatic titan is now teetering on the edge of a $2.6 million “oopsie” if the price cracks $112,368. Hypurrscan says it’s a “liquidation event,” but I call it a midlife crisis with crypto.
In a mind-bending BeInCrypto podcast, World Liberty Financial advisor and Glue.Net founder Ogle took a deep dive into the true cause of one of the largest single-day crypto catastrophes in recent history.
The rollout is part of a grand alliance between Polymarket and the World Foundation, the folks behind World App and Worldcoin. The goal? To make users feel like they’re part of a cosmic experiment, while also expanding access to prediction markets. Because who doesn’t want to bet on the weather in a universe where the laws of physics are just suggestions?