This editorial is from this week’s edition of the newsletter Week in Review, sent to subscribers on Friday. Subscribe to the newsletter to get this weekly editorial the second it’s finished. The newsletter also includes the biggest stories of the week, with a comment on each story. Bitcoin and U.S. equities are relatively flat from […]
The gold bug argued that the market reaction to the new official push for tokenized stocks made no sense, as these would constitute another investment source competing with bitcoin for available liquidity, comparing the latter to a Ponzi scheme. Peter Schiff Says Latest Bitcoin Rally Makes ‘No Sense’ The Securities and Exchange Commission’s (SEC) latest […]
Reports indicate that scammers are taking advantage of the high level of adoption of USDT in Venezuela to send fake USDT tokens as payment. Scammers use fake USDT tokens with zero value to target merchants using self-custody wallets. Fake USDT Tokens Surge for Payments in Venezuela Threat actors are leveraging the high level of adoption […]
The computer that guided Apollo astronauts to the moon once ran Bitcoin’s mining math, and a viral clip of the stunt is lighting up crypto timelines again this week. The Clip That Came Back Crypto media outlets circulated the story again earlier today, explaining that computer scientist Ken Shirriff was able to program an Apollo […]
Bitcoin derivatives traders are carrying more than $56 billion in futures exposure and roughly $42 billion in options open interest, while bitcoin sits near $81,273. The stranger part is where the options money is leaning. Market data shows that calls control 60.74% of open interest, the biggest contracts cluster around September strikes from $70,000 to […]
A wallet linked to BIT, the firm formerly known as Matrixport, dropped another 1,000 BTC worth $81.06 million into Binance on Saturday, its second large deposit to the exchange this week. The Wallet in Question The address, which begins with ‘bc1qsz,’ sent the coins to Binance early Saturday, tracker Lookonchain reported. Other outlets carried and […]
South Korean police spent five months identifying individual Polymarket traders through public blockchain records and booking them on suspicion of illegal gambling, all while the platform was still legally accessible in the country. The platform is now blocked in Korea entirely. The Nature of Predictions Remains Contentious The Gangwon Provincial Police Agency’s cyber investigation unit […]