It’s All About Crypto Blog
Hidden Traps of On-Chain Copy Trading
There’s always a temptation in crypto: find a simple way to “trade like the pros.” And with blockchain, this dream feels more attainable than ever - because everything is visible. Just watch what a big player does, and follow in their footsteps. Especially now, when entire services are built to help you copy trades on-chain. You can “tap into” the success...
Bank of America reportedly classifies Bitcoin as "FX"
VanEck’s Head of Research, Matthew Sigel, recently pointed out that Bank of America had listed Bitcoin under the FX (foreign exchange) category in its latest report on asset class performance. He shared a screenshot on X showing BTC grouped with foreign currencies. To be honest, I couldn’t find any public Bank of America sources confirming this classification. And it does seem questionable...
FATF flags stablecoins as the new plague
The FATF - the global watchdog behind anti-money laundering standards - has released a new report on how its 2019 guidelines for virtual asset service providers (VASPs) are being implemented around the world. These guidelines are controversial. They call for full identification of anyone sending or receiving crypto. If adopted universally, they could pave the way...
PUMP is coming... but no one’s pumping
I’ve been watching how the market is pricing the upcoming PUMP token, and honestly, the reaction isn’t just lukewarm - it’s downright cold. On the Hyperliquid pre-market, traders are valuing it so low that PUMP would debut with a market cap comparable to PEPE. But come on - PEPE is just a meme coin. PUMP is the native token of a platform that basically defined...
A Bank Offers BTC and ETH – With Strings Attached
Spanish bank Banco Bilbao Vizcaya Argentaria (BBVA) has launched a new service allowing retail customers in Spain to buy, sell, and hold Bitcoin and Ethereum. Sounds like progress, but here’s the catch: while customers can buy and sell crypto, the assets are held in custody by the bank. So formally you “own” the coins, but you can’t actually use them. Let’s say you want to swap...
Polymarket can’t decide whether Zelenskyy wore a suit
Polymarket is struggling to resolve the outcome of a betting market that attracted millions of dollars in wagers (with over $210 million in total trading volume). The question at stake: “Will Zelenskyy wear a suit before July?” On July 1, the outcome was first proposed as "Yes" - and then disputed. A "No" outcome was submitted next - and also disputed. Now, it’s up to...
Fool Me Twice: The Toncoin Visa Hype
The official TON website announced a new opportunity to obtain a UAE Golden Visa for $35,000 - as long as you stake $100,000 worth of Toncoin for three years. Just a few hours later, UAE authorities denied the news. What followed was a textbook pump & dump on Toncoin. Interestingly, this is the second time such a scheme has played out in recent weeks. Remember May 28...
What If Bitcoin Were Banned Worldwide?
Not long ago, I asked on X: “Imagine every government in the world decided to ban all cryptocurrencies … except two. Which two should be allowed to stay?” People replied: Bitcoin and Ethereum, Bitcoin and Solana, Bitcoin and Hyperliquid. In every answer, Bitcoin came first. But does Bitcoin really need protection from a government ban? Let’s take a closer...
10,000 Coins and Still Surprised
Today I came across an interesting list of public companies that hold crypto on their balance sheets. The website doesn’t offer any references or disclosures, but the data I managed to verify checks out with other sources - for example, Tesla really does hold DOGE, and PayPal has a reserve of PYUSD. So, it might actually be legit. What caught my attention the...
FTX Finds a New Way Not to Pay
One of the activists from the FTX creditor community has shared court documents revealing that FTX claims it’s unable to return funds to users from 49 jurisdictions. The biggest impact falls on residents of China, who account for roughly 82% of the unpaid claims. FTX cites local laws in those regions as the reason - either due to bans on crypto trading or restrictions...
