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DoomPosting
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Degens Deteriorating
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A 20-year-old Afghan asylum seeker has been arrested for raping an 80-year-old woman to death in Niort, France.

The woman died from her injuries shortly afterward.

The victim was followed home by the rapist after visiting her 100 year old mother in a retirement home where the Afghan man worked as a caregiver.

French law classifies the attack as "rape resulting in death without intent to kill" (viol ayant entraîné la mort sans intention de la donner)

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Trump’s National Guard crackdown on crime-ridden cities, including DC, LA, Portland, Memphis, and Chicago, has boosted his support among urban voters.

A September TIPP poll found Trump’s approval in US cities has risen to 47%, giving him a +3 net rating.

Separately, ActiVote found his urban approval improved from –25 in August to –14 in September.

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WHY BITCOIN AND ALTS ARE DUMPING?

THE CRYPTO MARKET HAS LOST $140 BILLION IN THE LAST 24 HOURS.

4 REASONS BEHIND THIS DUMP:

1⃣ OG WHALE SELLING

YESTERDAY, AN OG BITCOIN WHALE DEPOSITED 3000 $BTC AND STARTED SELLING.

THIS ISN'T A BIG AMOUNT, BUT THE MARKETS PANICKED BECAUSE OF ONE THING.

THIS WHALE STILL HOLDS $3.4 BILLION IN BTC AND COULD START SELLING HIS ENTIRE HOLDINGS.

2⃣ RISING INFLATION

YESTERDAY, NY FED INFLATION EXPECTATIONS ROSE TO ITS HIGHEST LEVEL IN 3.5 YEARS.

HIGH INFLATION MEANS THE RATE CUTS PROBABILITY WILL GO LOW, WHICH IS BAD FOR RISK-ON ASSETS.

3⃣ LEVERAGE FLUSH

AFTER BTC NEW ATH, NEARLY $3 BILLION IN OPEN INTEREST WAS ADDED.

THIS WAS GREEDY LONGS CHASING BITCOIN PUMPS, AND MARKET MAKERS ALWAYS FLUSH THEM.

4⃣ GOLD AND DXY RALLY

JUST LIKE THE BTC PUMP SUCKS LIQUIDITY FROM ALTS, THE GOLD PUMP IS SUCKING LIQUIDITY FROM RISK-ON ASSETS.

ON TOP OF THAT, DXY IS ALSO GOING UP, WHICH IS CAUSING MORE DAMAGE TO BITCOIN AND ALTS.

WHAT WILL HAPPEN NEXT?

THERE'S NO DOUBT THAT Q4 WILL BE BULLISH FOR BITCOIN AND ALTS.

NONE OF THE BULLISH CATALYSTS HAVE BEEN PRICED IN, AND THERE'S NO EUPHORIA ON THE TIMELINE.

BUT JUST LIKE 2023 AND 2024, WHALES WILL FIRST SHAKE OUT THE WEAK HANDS.

ONCE PEOPLE START BELIEVING THERE'LL BE NO Q4 PUMP, A MASSIVE RALLY WILL START.

I THINK THE WORST-CASE SCENARIO NOW COULD BE A FEW WEEKS OF CHOP BEFORE A REVERSAL.

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BREAKING: Derrick Groves, the last of ten inmates who escaped the New Orleans jail, spotted in Atlanta, law enforcement surround home - WDSU

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Data centers facing $800BN revenue shortfall, not to mention 50GW energy shortfall.

Can circle jerk money into existence, but gigawatts a little more difficult

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Treasury Secretary Scott Bessent is now uncovering who is funding Antifa.

Great news.

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The adopted kids that stabbed the female mayor nearly to death will be released and no arrest warrant I’ll be sought!

Germany is insane.

— DW

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Trump is rumored to be among the nominees for the Nobel Peace Prize, which will be picked this Friday

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OpenAI has literally engrained itself in most of the world's largest technology companies.

And, almost all of the money that companies are investing in OpenAI is being used BY OpenAI to purchase products and compute from the investor.

What is happening here?

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Think before you import third world savages

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