It’s All About Crypto Blog
Cryptocurrency Miners Blamed for Energy Crisis in Abkhazia
Abkhazia, a region of Georgia outside central government control, is experiencing a severe energy collapse. Power is now supplied only at night (9 PM to 7 AM) and briefly twice during the day for just over 2 hours. The region mainly relies on electricity from Russia. In November, after the pro-Russian “president” was ousted, Russia stopped funding...
UAE’s Central Bank Approves AED Coin
The UAE central bank has approved AED Coin - a dirham-pegged stablecoin. The UAE’s approach to stablecoins is unique. While many central banks are developing digital currencies (CBDCs) that no one seems to want, or are uncertain about coexisting with privately issued stablecoins, the UAE Central Bank (CBUAE) has made issuing dirham-backed stablecoins a...
Justin Sun says NFTs are still fine - and maybe they are
Justin Sun recently said that he’s investing in NFTs and believes the NFT space is still doing fine. To some, this might sound odd. After all, during the 2020-2021 boom, NFTs sold for millions, but today, an artist would be lucky to sell anything for that price - except maybe a real banana taped to a real wall with real duct tape, not a...
How Listings and Delistings Affect Cryptocurrency Prices
For a long time, there has been a strong belief in the crypto community that a cryptocurrency listing on an exchange is an event that inevitably positively impacts its price. If a cryptocurrency is not traded on any major exchange, its prospects for price growth are limited — but they will certainly appear once it’s listed. Conversely, delisting is...
Auto-Pay in Crypto: Convenience or a Risky Shortcut?
Cryptocurrency services continue to adopt features typically associated with fiat payment systems. But the relevance of these features for crypto often raises eyebrows: * Recurring payments, * Apps obtaining "pre-approved consent" for future transactions, * And now, the ability to make payments via QR code without confirmation. This latest feature was introduced in the Bitkit wallet...
Metavisio’s Bold Vision for the First Web3 Laptop
According to Decrypt, Metavisio is working on the “world’s first Web3 laptop.” The device itself doesn’t exist yet—the Web3 OS software is slated for completion in Q1 2025, with hardware development to follow. But since the bold headline is already here, let’s dig into what it might actually mean. What exactly is a "Web3 laptop"? I recall the arrival of...
Wedbush Predicted Bitcoin's $100,000 Price Back in 2013
As Bitcoin hits the $100,000 mark, let’s revisit the first professional financial forecast predicting this milestone. Back on December 1, 2013, Wedbush Securities published a report outlining Bitcoin’s potential and projecting this price level. Wedbush Securities, a private financial firm offering investment banking services, became the first U.S. financial institution to accept Bitcoin as...
Uncovering Tether's Billion-Dollar Issuances
Whale Alert reported the issuance of another billion USDT, and I noticed that these tokens are frequently issued in batches of exactly one billion. According to Tether’s rules, token issuance involves the following: “Select the network protocol, provide the wallet address to receive the Tether tokens, and specify the total fiat amount to be wired to Tether. Choose the tokens...
Michael Saylor's Bitcoin Pitch to Microsoft
MicroStrategy founder Michael Saylor has pitched a Bitcoin acquisition strategy to Microsoft CEO Satya Nadella and the company’s board. This isn’t Saylor’s first time advising top executives on Bitcoin. Since 2021, he has hosted conferences for enterprises, with overwhelming server traffic often highlighting the interest. Interestingly, Saylor never tells executives to...
How to Build a Cryptocurrency Portfolio for 2025
In 2024, the cryptocurrency market continued its dynamic development, offering more opportunities for those ready to invest their funds. Even in the U.S., where financial activities are conservatively regulated, cryptocurrency-focused funds were introduced in 2024. According to CoinShares, these funds experience more frequent asset inflows than outflows. The end of 2024 will undoubtedly be remembered as...
