It’s All About Crypto Blog
HBAR Surges 42% Amid Market Frenzy
I’m constantly amazed by the explosive demand for certain cryptocurrencies during the current market frenzy. In the past 24 hours, HBAR posted the highest gain among the top 100 cryptos, surging 42% against the dollar. And no, it’s not just another meme coin. HBAR is the token of a serious, large-scale international financial project...
Are We the Owners of Our Cryptocurrency?
Recently, a client of Rabbit Swap encountered trouble while trying to exchange Bitcoin for another cryptocurrency. They got an address from our liquidity provider for the Bitcoin transfer but mistakenly sent Bitcoin SV (BSV) instead. Upon realizing the error, the client requested the return of the BSV. Technically, this was possible because a private key for a Bitcoin...
PEPE’s Surging Price: Opportunity or Risk?
The crypto hype is driving up demand - and prices - for everything, even assets that seemed past their prime. Take PEPE, for example. Its price has surged 1.5x above its previous all-time high. But PEPE is one of the riskiest meme tokens. Its smart contract allows developers to blacklist any address, exposing holders to both price crashes and the risk of losing...
ECB’s Evolving Rhetoric on Bitcoin
Do you remember my earlier mention of how ECB economists tried to frame government interests - like controlling or banning Bitcoin - as benefiting people without Bitcoin? That claim appeared in an official ECB journal article. Recently, Tuur Demeester noticed edits in the published text. Though the core message remains, the wording was slightly softened. A small step, perhaps...
Ethereum Foundation Sells ETH for DAI: A Smart Hedge?
The Ethereum Foundation regularly sells its ETH holdings. According to Binance News, 100 ETH was sold yesterday. Vitalik Buterin has previously explained the purpose behind these sales, stating that the funds from these sales go towards compensating researchers and developers. There’s something to consider here: * In Bitcoin, developer compensation is paid directly in BTC without needing to sell it...
NEAR’s Integration with Ethereum and AI Ambitions
While Cardano is integrating with Bitcoin and seeing demand for its native token ADA surge, NEAR has announced its own integration with Ethereum. Just as Bitcoin wallet users gained direct access to Cardano’s ecosystem via Grail Bridge, Ethereum wallet users can now access NEAR’s ecosystem through the Rainbow Bridge. How will this affect NEAR’s price against ETH...
Cardano Surges 53% Against Bitcoin: What’s Driving It?
Two weeks ago, I wrote about the new Grail Bridge linking Bitcoin and Cardano, and wondered who might benefit most. The market seems to have answered: since the bridge launched, Cardano’s ADA has surged 53% against BTC, rising from 500 to 765 satoshis. It seems the market sees more potential in Cardano than Bitcoin here. Some might credit ADA’s rise to founder Charles...
Why So Many Blockchains?
The simplest and clearest way to describe a blockchain is as follows: a blockchain is a file that records every transaction ever made with a cryptocurrency. However, this definition is incomplete. It leaves out essential operating principles that define what makes a blockchain unique. These principles include: * Information is recorded in blocks...
Credo Bank Explores Crypto-Only Banking Services
The Georgian bank Credo recently asked its customers to complete a survey about crypto-related banking services. Credo is just one small bank in a small country, and this wouldn’t have caught my attention if it weren’t for the content of the survey. The questions in the survey suggest that the bank is exploring interest in these services: * Crypto storage...
Do U.S. Elections Really Impact Bitcoin Prices?
Coindesk’s chart shows Bitcoin prices consistently rising in the 12 months after U.S. elections - regardless of the outcome. Why? Could it really be just a coincidence, repeating three times? It probably is coincidence. If election results affected BTC, we’d see varying trends. Yet, three times, with vastly different outcomes, Bitcoin’s price rose. The real reason likely...
