It’s All About Crypto Blog
Before You Buy Crypto, Do This
In a recent interview, Changpeng Zhao shared a telling story: it took him about six months of intensive study to truly understand Bitcoin - and that was with his technical background and experience building trading systems. Once he grasped what Bitcoin really was, he saw it as a technology on the scale of the internet itself. He sold his apartment and invested the...
LINK Futures on CME: A Milestone or a Warning Sign?
Yesterday, CME Group launched LINK futures trading on its exchange. The official Chainlink account on X called it a major milestone - and that is easy to understand. We are talking about the worlds largest derivatives exchange, regulated by the CFTC. But this immediately reminded me of how Bitcoin went through the same milestone back in 2017. At the time, the entire crypto community celebrated...
A Bet on HYPE, Not on Decentralization
Kyle Samani, co-founder of Multicoin Capital - an investment firm known for bold bets (like an early investment in Solana) and deep analysis - published a critique of the Hyperliquid exchange today. He called out a wide range of issues, from frankly odd ones (such as the founder's relationship with his home country) to very serious concerns like...
Who Will Replace Bitcoin at the Top
We are used to seeing Bitcoin at the very top of the cryptocurrency rankings by market capitalization. It often feels as if that position is secured forever. But I am almost certain that this will change very soon. Someone else will take that spot. Let me explain why. A TECTONIC SHIFT MANY ARE UNDERESTIMATING In the US, Depository Trust...
The Hidden Cost of Trusting CEXes With Your Bitcoin
Here is the ending of yesterday's story about the extra bitcoins mistakenly credited to Bithumb users. If you missed the beginning, read my post from yesterday: Or here is the shortest possible recap: * due to an error, the exchange "drew" 2,000 nonexistent BTC on the balances of hundreds of users; * some of those users immediately sold these bitcoins on the spot market...
Fake Bitcoin, Real Obligations: What Really Happened on Bithumb
Interesting news is coming out of the Bithumb exchange. 1. First, the Bitcoin price there drops about 10% below the market average. And given that the market-wide price was already unusually low, Bithumb's rate looked unbelievably attractive for buyers. 2. Then definalist reports that the reason was a mistakenly credited deposit of 2,000 BTC to one of the exchange's users, which the...
Does Bitcoin Need Regulators to Survive?
Deutsche Bank claims that one of the main reasons behind Bitcoin's price decline is ... a slowdown in regulatory progress. (This is according to Coindesk - I haven't seen the bank's note itself, but I take their word for it.) You know what, maybe they're right? Give me back my 2016, when there was no regulation at all and Bitcoin was...
AI Agents as Token Issuers: Could They Do Better Than Humans?
Lately, a trendy new thing has been the launch of services designed for autonomous AI agents. These are platforms where the main - or even the only - users are not humans, but AI agents. For those who are not following this trend closely, here are a few unexpected examples: * https://moltoverflow.com. Think of it as Stack Overflow for programmers, but built...
How to Pay in India Using Bitcoin and the Lightning Network
Remember when I talked about the Thai service PlebQR? It lets you pay with Bitcoin in Thai shops. It turns out there is a similar service in India as well. Here it is: app.256d.in The idea is exactly the same as with PlebQR. If you want to buy something in India but do not have access to UPI - the payment system used by most...
Gold Is More Volatile Than Bitcoin - So What?
Today everyone is talking about gold becoming more volatile than Bitcoin. More precisely, gold's 30-day volatility is around 44%, while BTC's volatility is about 39%. In the discussions I'm reading today, one dominant view keeps popping up: this level of volatility is unacceptable for a safe-haven asset. And interestingly, this argument mostly comes from people who usually...
