It’s All About Crypto Blog
Bitcoin: The Safe Haven They Said It Couldn't Be
Year-to-date performance: - S&P500: -7.5% - Nasdaq: -9.3% - BTC: +0.4% I've been dreaming of the day when I could finally say - with numbers to back it up - that Bitcoin is a safe haven asset. And now, that day has come. To be honest, I've been waiting for this moment for five years. I still remember March 2020, when Bitcoin crashed 50% in a single day. Someone on...
Delisting to the Moon
When Binance announced the delisting of ALPACA, what surprised me wasn’t the price jump - even though it quadrupled. That’s par for the course in crypto. In fact, I recently wrote a Medium article about how listings and delistings often have unexpected effects on price. What did surprise me was this: Alpaca Finance actually has a market maker who asked for more...
Unwanted Airdrop: Even the Thief Gave Up
Remember this post, where I talked about the $5M worth of stolen ZK tokens that were actually meant for airdrop - but no one even claimed them? Back then, I questioned whether they were really worth $5M, since apparently, not even free tokens could attract users. Well, here’s an update: The hacker didn’t want them...
Solana Tokens > Real Business? Market Thinks So
📈 Bloomberg reports that a company called Upexi plans to sell its own stock to buy Solana. But according to Yahoo! Finance, it’s not even clear if they mean SOL itself - it might be various Solana-based tokens. In other words, even traditional financial news sources can’t say for sure what exactly Upexi is buying (SOL? FARTCOIN? TRUMP?). But the market didn’t seem...
The Coin That Does Nothing… But Moon
Among the top 100 cryptocurrencies by market cap, Kaspa (KAS) saw the biggest gain over the past 24 hours - up 11%. I’ve been watching this coin for a while now, and I still can’t wrap my head around it. I'm used to seeing altcoins lose value against Bitcoin over the long run. I’ve written about this before. And if that’s true, it seems obvious that shorting altcoins...
Bitget Reverses Trades
Less than a month ago, Bitget CEO Gracy Chen warned that executing trades at off-market prices could turn an exchange into “FTX 2.0.” She was talking about Hyperliquid at the time. But now Bitget is doing the exact same thing. After abnormal price spikes in the VOXELUSDT perpetual contract, the exchange announced it would reverse trades made during...
Fake Tokens: Why They Exist and How to Avoid Them
At our crypto exchanger, users sometimes send us tokens that bear the same name as legitimate ones — but in reality, they’re not the real thing. For example, someone looking to swap USDT for USDC might send us a token labeled “USDT.” It looks like USDT in their wallet and in the block explorer, but it wasn’t issued by Tether. It’s...
Lombard Finance: Wrapping BTC in Promises
Lombard Finance: Wrapping BTC in Promises Lombard Finance has released an SDK that lets custodial Bitcoin - like the kind stored on exchanges - be put to work in DeFi. The goal? To "activate" idle BTC by converting it into wrapped tokens that can earn yield through DeFi protocols. Sounds good on paper. Why wouldn’t exchanges jump at the chance to turn BTC into LBTC, generate some yield, keep...
Binance Votes to Delist ZEC. Does It Matter?
In my previous post, I pointed out that Binance will likely delist the FTT token - because that’s what users of the exchange voted for. But there's another token in the results of that vote worth paying close attention to: Zcash (ZEC). Binance users also voted to remove it. Frankly, delisting ZEC from platforms like Binance makes sense. Zcash was built around...
FTT: No Company, No Compliance, No Problem
A recent development from the SEC flew under the radar: the Division of Corporation Finance has issued guidance on how U.S. securities laws may apply to crypto assets. The recommendations call for token issuers to disclose extensive information - ranging from how their projects generate revenue, to technical details of the networks, to their ongoing involvement in the crypto...
