It’s All About Crypto Blog
Bybit Votes on New Token Listing - And It’s Luna Again
Bybit is letting users vote on whether to list the Luna token. Routine, right? Not quite - the token itself is surprising. This Luna isn’t what you might think. It’s tied to an AI-powered K-pop virtual performer named Luna. According to the backstory, she was part of the group AI-DOL and has now gone solo, streaming on TikTok 24/7. K-pop fans...
Roger Ver on Bitcoin, the CIA, and Shifting Narratives
Roger Ver, one of Bitcoin Cash’s creators, recently spoke with Tucker Carlson, discussing ideas around abandoning the dollar and adopting Bitcoin. But one comment stood out: Ver claims that by 2012, CIA and FBI agents had infiltrated crypto forums. Their goal was to shift the conversation from “Bitcoin as new money” to “Bitcoin as speculation.” I got into Bitcoin...
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...
