Not long ago, Paolo Ardoino shared some photos on X showing product price tags in Bolivia labeled in USDT. At the time, many assumed these were just airport shops (where travelers might not have local currency or know the exchange rate), and the prices seemed absurdly high. But now Reuters has dug deeper and revealed something bigger: this isn't limited to...
What started as a joke has officially spiraled out of control. Why call it a joke? Because even the creators of Pudgy Penguins never pretended these tokens were some kind of financial innovation. It’s a collection of goofy penguin-themed NFTs that blew up in the NFT mania era. That’s it. But now the meme is knocking on the door of institutional finance: *...
The latest report from the Bank for International Settlements (BIS) makes a few surprisingly bold claims about why stablecoins fail the key tests that define what qualifies as “money.” First, stablecoins supposedly lack the price stability required to serve as real money. But let’s be honest - do central bank currencies always deliver that kind of stability? Plenty...
A new browser extension called Opportunity Cost has been making the rounds online. It automatically shows you the Bitcoin equivalent of any fiat amount you see on websites. Many people see it as a reminder of opportunity cost. Sure, you could buy that house for a million dollars… but hey, that’s nearly 10 BTC! But I think this tool highlights something more important. For years...
In 2024 and 2025, the correlation between global money supply (M2) and Bitcoin’s price has been almost perfect – with a 10-week delay. If you shift the M2 chart 10 weeks forward and overlay it with the BTC price, the alignment is uncanny. Every surge in M2 is followed by a Bitcoin rally exactly 10 weeks later. Every pause in M2 growth? Bitcoin also stalls – again, after 10 weeks. This pattern...
Imagine you’re flying over the Atlantic. There’s no internet onboard, and your seatmate asks to borrow 100,000 sats. You pull out your phone, open your favorite Lightning wallet… and see a “failed to connect to server” error. Your keys are in your pocket, your seed phrase is written safely at home — but you can’t send the money. That’s the difference between...
Take a look at this chart. One token has surged nearly 15x over the past two weeks. Its name is Useless Coin. Honestly, that feels like the most fitting name imaginable for a crypto asset that’s been soaking up liquidity for two weeks straight. In the crypto space, there are plenty of useful coins: * Bitcoin - backed by massive computational power, making...
The medical supply distributor Eyenovia promised to purchase over 1 million HYPE tokens by June 20, rebrand itself as Hyperion DeFi, and change its stock ticker to HYPD. Well, it's June 20. The company’s website still says “Eyenovia.” And the ticker is still the same on every financial feed. Changed their mind? Eyenovia isn’t the only public company that announced plans to buy HYPE...
Today, Bitget announced on its blog that it has obtained a crypto license in Georgia. It’s not the first exchange to make this kind of claim. Several others have mentioned Georgian licenses before – the most well-known being Bybit. But every time I read such announcements, I can’t help but ask: * Which authority issued the license? * And what...
According to Kaiko, trading volume in Korean won is now almost on par with USD in the crypto market. At first glance, this might seem surprising. After all, everything in crypto is usually priced in dollars, and the USD feels like the undisputed king of fiat in this space. But here’s the twist: it’s not the won that’s replacing the dollar. It’s stablecoins. Stablecoins...