It’s All About Crypto Blog
From the Open Market to Public Companies: $105B in Crypto Moved
According to Blockworks, over the past year someone has sold almost $90 billion worth of crypto to publicly traded companies. A year ago, the total amount of crypto purchased by these companies was under $20 billion. Now it’s already $105 billion. What does it actually take to be able to sell crypto to a buyer like Strategy or Helius? It’s not like they’re going...
Should Hyperliquid burn 31M HYPE from its assistance fund?
There's been a lot of buzz around the proposal to burn 31 million HYPE tokens currently sitting in Hyperliquid’s assistance fund. Unsurprisingly, HYPE holders are cheering the idea. Token burns often drive prices higher. Just last week, after KILO announced it would burn 0.86% of its supply, the token price shot up 70%. Now imagine what a 3.1% burn could mean for...
Not just finance: turning BTC into play
At the Bitcoin++ Scaling Edition conference in Istanbul, there was a hackathon - and the winner was a wallet called Artmak. I really like the concept behind it, and I want to share it with you. The wallet runs straight from your browser. You open the website and see small colorful blobs floating freely across the screen. One of them is yours. You can move it around and...
They Say It’s Altseason. But What Does That Really Mean?
The Altseason Index, as calculated by Blockchaincenter, has hit its maximum possible value: 100 out of 100. Sounds like that should settle the debate about whether an altseason is happening this cycle. Case closed: altseason isn’t coming — it’s already here. In fact, it doesn’t get any more “altseason” than this. And yet… why aren’t my altcoins pumping? Where’s the profit I was expecting...
A new portal into Ethereum DeFi for Bitcoin Lightning users
Mainstream DeFi has always passed Bitcoin by. The Bitcoin community is barely involved in the conversations that excite DeFi enthusiasts. But the team at SatsBridge has come up with a way to give Bitcoiners direct access to Ethereum’s decentralized apps. Here’s the idea: * Many Lightning Network wallets support LNURL logins - similar to how Ethereum wallets connect to dApps...
Lightning Fast or Dollar Stable: Which Crypto Would You Pay With?
Turns out you can pay with Bitcoin in 31,000 locations across South Africa - and not just with Bitcoin, but with Lightning Network Bitcoin: * No waiting for your transaction to hit the blockchain. * In fact, no blockchain entry at all. * Lightning payments are invisible and feel just like using cash. Very few cryptocurrencies can offer that. Looking at the list, you’ll...
Custody vs. self-custody: who wins?
I often say here: keep your crypto in your own wallet, and if you need to swap one coin for another, use rabbit.io. But today’s news shows that sometimes a CEX can actually turn out to be the safer option. Not safer than swapping on rabbit.io, of course - but safer than self-custody. Kevin Durant’s agent revealed that the NBA star bought bitcoin back...
BTC Bags ≠ Moon Stocks
K33 Research reported that 25% of publicly traded companies holding bitcoin are currently valued by the market below the worth of their BTC holdings. That raises two big questions. First: normally, when companies trade below the value of their assets, the market is signaling that those assets are “bad” - illiquid or overvalued. In other words, investors don’t believe they can actually be realized...
44 Days of Waiting… and a Wall of ETH Ready to Hit the Market
Over $11 billion worth of ETH is currently sitting in the unstaking queue. That’s the largest amount ever waiting to leave Ethereum staking. Most of that ETH is likely headed straight for the market - holders are looking to cash out while ETH is trading high. But here’s the catch: the average wait time is almost a month and a half - 44 days. And if...
Crypto P2P Crackdown in Thailand
Thai banks have frozen over 3 million accounts at the request of the Cyber Crime Investigation Bureau, and the central bank has warned that the number could climb even higher. On top of that, new limits on transfers have been introduced. Bitcoin enthusiasts were quick to comment that this move is basically free advertising for Bitcoin. At first glance, it might...
