It’s All About Crypto Blog
What If Bitcoin Isn’t Reacting to the Fed at All?
In its latest weekly market commentary, Binance Research offered an interesting take on how Bitcoin’s price relates to macro trends in the US economy. Here’s how their argument goes: * the market has sharply repriced expectations for Fed rates, * this is affecting BTC, * and although since the launch of spot ETFs two years ago BTC’s correlation with the global easing...
bullHYPE: The Return of Leveraged Tokens. Part I
This week, the Hyperliquid ecosystem saw a fairly high-profile launch. Hypezion Finance went live with a pair of new toys: the hzUSD stablecoin and the bullHYPE token. bullHYPE is a leveraged token. HYPE enthusiasts are thrilled about it. And no wonder: free leverage and no margin calls sound like a dream - buy it and get rich. In Hyperliquid community chats, the dominant reaction...
What If Delistings Are the New Listings?
I took a look at how the prices of several cryptocurrencies behaved after being recently delisted from Binance. And you know what? They’re doing quite well. Three of them - IDEX, HOOK, and FORTH - have even gone up over the past 24 hours. It reminded me of an article I wrote about a year ago on how listings and delistings affect crypto prices. Back...
When Control Is Taken Away: A Case for DAO Governance
The South Korean government is reportedly considering legal changes that would cap any single shareholder’s stake in a crypto exchange at 20%. I usually avoid commenting on "news from the future" - media reports about things that haven’t happened yet and may never happen. But this one caught my attention because of the framing itself. Someone in the government seems to believe...
X Wants to Lock Accounts for Their First Crypto Post
Nikita Bier, Head of Product at X, recently wrote that his team is working on a new anti-crypto-scam feature. The idea is simple: the first time an account posts about cryptocurrency, it gets locked. To unlock it, the user must complete identity verification. According to Bier, this could prevent up to 99% of scams - especially those where attackers take over...
The Quiet Risk No One Talks About: Regulators Can Freeze Everything
Everyone has heard how long it has taken MtGox and FTX to return funds to their users after going bankrupt. But there is another, somewhat similar story that deserves attention - the story of the fintech company ePayments. ePayments was founded in 2011 and operated steadily as an electronic money issuer under an FCA (UK) license. Later, it...
When Bitcoin Is Money, Not an Investment
Wang Chun, co-founder of one of the largest crypto mining pools, F2Pool, shared a striking story yesterday: * 11 years ago, he bought an apartment in Pattaya (Thailand) for 2,900 BTC; * yesterday, he sold it for 7 BTC. He sold it at a massive loss - and chose to tell the whole world about it. Why? I’m not sure I would have done the same. I’d probably have told the...
You Think Altcoins Have Bottomed? The Data Suggests Otherwise
According to CryptoQuant, more than 40% of altcoins are currently trading near their all-time lows. In the previous bear market, that figure was just 38%. When I first saw these numbers, I was genuinely surprised. I’ve long had the impression that the fate of most altcoins is essentially zero. Intuitively, it felt like if you pick almost any altcoin outside the top 300...
Who Gets the Power: Bitcoin or AI?
Artificial intelligence and cryptocurrencies are not just competing for hardware and computing power. They are competing for the most basic resource of civilization: electricity. A few days ago, I wrote on the rabbit.io blog about the dilemma facing Laos’s energy sector: for five years, excess electricity was sold to miners, but now the government is considering redirecting...
A $1B Blockchain Securing a Much Bigger Bet
Have you noticed that the fully diluted valuation of POL - the governance token of the Polygon network - has fallen below $1 billion? About a year and a half ago, when Polymarket was rapidly gaining popularity, I suggested that Polygon had a real chance to carve out a highly profitable niche in the crypto ecosystem - as the...
