Gold outperforming bitcoin by 2X in 2025
Despite an 11X larger market capitalization, gold has rallied 32% versus BTC’s far more modest 16% so far this year.
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CHART: Which blockchains is USD1 issued on?
USD1 is issued on several blockchains, but Binance Smart Chain dominates, thanks in large part to the MGX-Binance deal.
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Michael Saylor diluted MSTR by $735.2 million after saying he wouldn’t
Since revoking his promise not to dilute MSTR to buy BTC between 1-2.5X mNAV, Michael Saylor has diluted by another $735.2M.
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Crypto.com deletes Chinese checkers post after antisemitic response
Crypto.com was forced to delete a post featuring a crypto-themed Chinese checkers board after users began comparing it to the flag of Israel.
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BitMEX invested heavily in US lobbying before its pardon
According to OpenSecrets, BitMEX paid nearly $800K between 2019 and 2021 to lobbying and consultancy firm Edelman.
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Crypto streamer Gainzy nukes his own token 99% with one ‘accidental’ click
Gainzy’s fumble cut gnzystrm’s market cap from $4.6M to $12K. On the plus side, the sale made him a quick $168K.
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Why the S&P 500 committee could deny MSTR inclusion on Friday
MSTR investors are hoping for good news from the US Index Committee on Friday about its potential S&P 500 inclusion.
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Coinbase thinks vibe-coding 50% of its platform is a good idea
Armstrong’s claim that AI code should be “reviewed and understood” didn’t allay fears that Coinbase is being held together by “vibe-coding.”
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Scoop: Bitfinex, Tether shareholder Harborne is Nigel Farage’s top donor
Christopher Harborne, who has shares in Tether, was also outed as the biggest donor to the Brexit Party and gave £1.5M to the...
US hits Iran’s ‘shadow banking’ network in Hong Kong, UAE
Two Iranian financiers were sanctioned for using crypto and a “shadow banking” network to evade sanctions and facilitate Iran’s oil sales.
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