Bookmarking Crypto Insights
The Sonic blockchain is working on the implementation of its yield-generating, algorithmic stablecoin despite fears over a potential collapse similar to the Terra-Luna meltdown that led to the industry’s longest crypto winter. Algorithmic stablecoins employ code-based mechanisms to ensure their price stability, as opposed to fiat stablecoins pegged directly to the value of the underlying … Read more
Scammers are forging arrest warrants for missed jury duty, demanding payment in bitcoin and gift cards. They use realistic court-style documents and urgent threats to exploit fear of arrest. Court Warns of Forged Arrest Warrants Tied to Bitcoin Demands Over Missed Jury Duty The U.S. District Court of the Western District of Virginia announced on … Read more
Chip-making giant Nvidia’s (NVDA) stock is flashing a major bearish signal — the last time this pattern appeared, it retraced nearly 50%. This may raise questions for the AI crypto sector, which has, at times, seemed to react to Nvidia’s price. “NVDA just formed a Death Cross for the first time since April 2022. The … Read more
A study by Atmos ranks the UAE as the world’s most crypto-obsessed country due mostly to its high crypto ownership and adoption rates. UAE Has Highest Crypto Ownership Rate Globally According to a study by Atmos, the United Arab Emirates (UAE) is the world’s most crypto-obsessed country, with a score of 98.4. The Middle Eastern … Read more
A crypto market maker admitted to years of fake trading, using custom software to inflate token prices and volumes in a massive scheme to mislead investors. Wash Trading Empire Crushed: DOJ Exposes Years-Long Crypto Volume Scam The U.S. Department of Justice (DOJ) announced on March 21 that Gotbit Consulting LLC and its founder Aleksei Andriunin … Read more
A crypto analyst says inaccurate narratives still circulate in the cryptocurrency market, mainly based on skewed information rather than onchain data to back it up. “Beware of misinformation. Despite the data, misleading narratives persist,” CryptoQuant contributor “onchained,” said in a March 22 market report. “Such claims often lack onchain validation and are driven by sensationalist … Read more
Tether, the largest stablecoin company in the cryptocurrency space, has become one of the largest buyers of U.S. treasuries as a way of backing the value of the over 140 billion USDT issued. According to data posted by Tether CEO Paolo Ardoino, the company purchased over $33 billion in treasuries in 2024, only falling behind … Read more
A Chinese economist, Zhang Ming, argues that U.S. dollar-pegged stablecoins, not Bitcoin or Ethereum, are strengthening the U.S. dollar’s global dominance. Dollar-Pegged Stablecoins Bolstering Dollar’s Global Role According to Zhang Ming, deputy director of the Institute of Finance and Economics at the Chinese Academy of Social Sciences, U.S. dollar-pegged stablecoins, not bitcoin ( BTC) or … Read more
Cryptocurrency wallet providers are getting more sophisticated, but so are bad actors — which means the battle between security and threats is at a deadlock, says a hardware wallet firm executive. “It will always be a cat and mouse game,” Ledger chief experience officer Ian Rogers told Cointelegraph when describing the constant race between crypto … Read more
Last week as markets wobbled, tariffs seemed to be the consensus culprit. But are tariffs just an easy scapegoat? How Much Do Tariffs Matter? This editorial is from last week’s edition of the Week in Review newsletter. Subscribe to the weekly newsletter to get the editorial the second it’s finished. As equity and crypto markets … Read more