Picture this, comrades: from its throne at $6 (how adorable!), OM now huddles in the basement at $0.80, like a fallen aristocrat forced to sell family jewels. Market cap? Evaporated faster than vodka at a Moscow wedding! 🎭
Now, let’s embark on a whimsical journey through the mystical realms of BTC, as we peer into the daily and 4-hour charts, and decipher the cryptic signals from the exchange reserves. Buckle up, it’s going to be a bumpy ride!
In a press release that probably made the universe pause for a moment, Strategy announced it acquired these shiny digital coins for a cool $285.8 million, which is about the same amount you’d need to buy a small country or a moderately-sized moon. The average price per Bitcoin? A jaw-dropping $82,618. That’s right, folks, it’s cheaper than a trip to the dentist but only slightly more painful. 🦷💸
Plunge into the vibrant Songkran festival from beautiful Thailand! Immerse yourself in the festivities and enjoy exclusive items associated with the Premier League, Icon, and Heroes. Obtain Songkran Tickets to participate in both PvE and PvP battles and collect rewards. Exchange your Tokens for enticing prizes and progress through a Milestone.
Last week alone, these newfangled investment doohickeys lost nearly $800 million – that’s more money than you’d find in a whole heap of Confederate bank notes! Bitcoin, that mysterious digital gold everyone’s been fussin’ over, took the biggest wallop – losing $751 million, while its cousin Ether dropped a mere $37.6 million, which ain’t exactly chicken feed neither. 🐔
First off, let’s clear something up: Some gamers have criticized Abby and The Last of Us Part II for biased reasons. Even before the game was launched, a harmful group of fans expressed disapproval. The sneak peeks and leaks from the game revealed that Ellie is gay (a point hinted at in the first game), that Abby, the main villain, was a woman who didn’t fit typical female body types in video games, and that there would be a trans character in the story. These characteristics are still quite uncommon in AAA games.
In the approaching months and years, there’s a strong possibility that the Switch 2 will see some big-name games being transferred over, as per Nintendo’s confirmation. Games like Elden Ring are definitely exciting news for Switch fans, but the omission of other anticipated releases, such as Elden Ring Nightreign, is a bit bewildering. After all, if the Switch 2 can handle games like Elden Ring and Cyberpunk 2077, it should be able to manage Nightreign without any issues. Interestingly, the Switch 2 will also get an exclusive PvPvE game from FromSoftware called The Duskbloods. It might seem odd that Nintendo is releasing The Duskbloods but not Nightreign, but upon closer inspection, it starts to make sense. However, whether this strategy benefits consumers remains to be seen.
Ever since Mr. Bukele ascended to his lofty position, he has embarked upon a most audacious journey, one that has positioned El Salvador as the first nation in the world to embrace the whimsical allure of Bitcoin. Indeed, the notion of investing in such a capricious currency would likely make even the most stoic of gentlemen raise an eyebrow. Not to be outdone, Mr. Bukele boldly declared on the 17th of November, in the year of our Lord 2022, that his government would procure one solitary Bitcoin each day, culminating in an impressive accumulation of over 6,000 such coins. Should we be awed or simply bemused? 🧐💸
The kindly folks at the SEC even scribbled a list of what counts as proper backing: cold, hard USD cash equivalents, bank demand deposits, Uncle Sam’s Treasury bonds, or money market funds. But by the gods of prudence, you best not mix those asset reserves with your everyday business funds or offer token holders any interest, profit, or yield opportunities. No sirree, these reserves are for backing the coins only—not for chasing after any financial rabbit. 😏