In July 2025, the cryptocurrency market continues to mature, presenting a balanced blend of well-established assets and innovative altcoins. This guide highlights five prominent cryptocurrencies—Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Polkadot (DOT), and Chainlink (LINK)—that blend stability, utility, and long-term growth potential. It is crafted for investors seeking informed perspectives and includes essential.
1. Bitcoin (BTC)
Bitcoin remains the foremost digital asset, frequently described as “digital gold.” It has recently hovered above $100,000 and even passed $110,000 amidst growing institutional adoption and a favourable regulatory climate . Pro-crypto policies, the presence of Bitcoin-ETF products, and a strategic U.S. government reserve underpin this momentum.
In July 2025, the cryptocurrency market continues to mature, presenting a balanced blend of well-established assets and innovative altcoins. This guide highlights five prominent cryptocurrencies—Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Polkadot (DOT), and Chainlink (LINK)—that blend stability, utility, and long-term growth potential. It is crafted for investors seeking informed perspectives and includes essential.
1. Bitcoin (BTC)
Bitcoin remains the foremost digital asset, frequently described as “digital gold.” It has recently hovered above $100,000 and even passed $110,000 amidst growing institutional adoption and a favourable regulatory climate . Pro-crypto policies, the presence of Bitcoin-ETF products, and a strategic U.S. government reserve underpin this momentum.
FATF’s Stablecoin Warning: A Call for Regulation, Not a Ban
The Financial Action Task Force (FATF), a global authority on combating money laundering and terrorist financing, has issued a warning about the increasing misuse of stablecoins in illicit activities. Released on June 26, 2025, this alert has sparked discussions within the cryptocurrency industry, with experts from Chainalysis and Asset Reality emphasizing that the FATF’s stance is not anti-crypto but a call for robust regulation to enhance the sector’s credibility and growth.
Understanding the FATF and Its Role Established in 1989, the FATF is an intergovernmental organization that sets global standards for anti-money laundering (AML) and counter-terrorist financing (CFT).
FATF’s Stablecoin Warning: A Call for Regulation, Not a Ban
The Financial Action Task Force (FATF), a global authority on combating money laundering and terrorist financing, has issued a warning about the increasing misuse of stablecoins in illicit activities. Released on June 26, 2025, this alert has sparked discussions within the cryptocurrency industry, with experts from Chainalysis and Asset Reality emphasizing that the FATF’s stance is not anti-crypto but a call for robust regulation to enhance the sector’s credibility and growth.
Understanding the FATF and Its Role Established in 1989, the FATF is an intergovernmental organization that sets global standards for anti-money laundering (AML) and counter-terrorist financing (CFT).
Chinese Tech Giants Push for Yuan-Based Stablecoins
In a strategic move to elevate the Chinese yuan’s global influence, tech giants JD.com and Ant Group are lobbying the People’s Bank of China (PBOC) to authorize yuan-based stablecoins in Hong Kong. Reported by Reuters on July 3, 2025, this initiative aims to counter the overwhelming dominance of U.S. dollar-linked cryptocurrencies, which currently account for over 99% of the $247 billion stablecoin market. As stablecoins gain traction for efficient cross-border payments, this push could reshape global finance by promoting the yuan as a viable alternative to the dollar.
A Bold Proposal for Yuan-Based Stablecoins
JD.com, a leading Chinese e-commerce company, and Ant Group, the fintech arm of Alibaba, are urging the PBOC to greenlight stablecoins pegged to the offshore yuan (CNH) in Hong Kong.
Chinese Tech Giants Push for Yuan-Based Stablecoins
In a strategic move to elevate the Chinese yuan’s global influence, tech giants JD.com and Ant Group are lobbying the People’s Bank of China (PBOC) to authorize yuan-based stablecoins in Hong Kong. Reported by Reuters on July 3, 2025, this initiative aims to counter the overwhelming dominance of U.S. dollar-linked cryptocurrencies, which currently account for over 99% of the $247 billion stablecoin market. As stablecoins gain traction for efficient cross-border payments, this push could reshape global finance by promoting the yuan as a viable alternative to the dollar.
A Bold Proposal for Yuan-Based Stablecoins
JD.com, a leading Chinese e-commerce company, and Ant Group, the fintech arm of Alibaba, are urging the PBOC to greenlight stablecoins pegged to the offshore yuan (CNH) in Hong Kong.
Cold hardware devices remain king for deep storage, but day-to-day crypto life—swapping tokens, minting NFTs, paying for coffee—runs on software wallets connected to the internet. These “hot” wallets prioritise accessibility and multi-chain support while still guarding private keys locally. After reviewing audits, open-source codebases and user statistics from reputable trackers like DeFi Safety, CertiK, and CoinGecko, we’ve narrowed the field to the five most secure and feature-rich hot wallets you can trust in 2025.
Selection Criteria
Security model – open-source code, audited smart-contract approvals, optional hardware-wallet pairing. Multi-chain reach – at least five EVM networks plus Bitcoin or Layer-2 coverage. Fee control – custom gas, swap-routing transparency, and MEV-protection options.
Cold hardware devices remain king for deep storage, but day-to-day crypto life—swapping tokens, minting NFTs, paying for coffee—runs on software wallets connected to the internet. These “hot” wallets prioritise accessibility and multi-chain support while still guarding private keys locally. After reviewing audits, open-source codebases and user statistics from reputable trackers like DeFi Safety, CertiK, and CoinGecko, we’ve narrowed the field to the five most secure and feature-rich hot wallets you can trust in 2025.
Selection Criteria
Security model – open-source code, audited smart-contract approvals, optional hardware-wallet pairing. Multi-chain reach – at least five EVM networks plus Bitcoin or Layer-2 coverage. Fee control – custom gas, swap-routing transparency, and MEV-protection options.
Bitcoin Now Worth More Than Amazon — and Canada’s GDP
Bitcoin’s breathtaking July surge has rewritten the global asset leaderboard. In Monday’s Asian session the flagship cryptocurrency spiked to an all-time high of $122,600, lifting its market capitalisation to about $2.40 trillion. That figure tops Amazon’s $2.3 trillion valuation and eclipses Canada’s projected 2024 gross-domestic-product of roughly $2.21 trillion — an economic milestone few would have imagined during the last bear market.
Bitcoin Now Worth More Than Amazon — and Canada’s GDP
Bitcoin’s breathtaking July surge has rewritten the global asset leaderboard. In Monday’s Asian session the flagship cryptocurrency spiked to an all-time high of $122,600, lifting its market capitalisation to about $2.40 trillion. That figure tops Amazon’s $2.3 trillion valuation and eclipses Canada’s projected 2024 gross-domestic-product of roughly $2.21 trillion — an economic milestone few would have imagined during the last bear market.
Top 5 Cold Wallets for Storing Your Crypto in 2025
Self-custody is back in style. After the 2024 exchange-hack spree cost users nearly US?$2?billion, cold-storage sales skyrocketed. But not every metal-cased gadget lives up to the hype. To help you sort marketing fluff from real security, we’ve ranked the five best cold wallets 2025 based on hardware design, firmware transparency, recovery options and user experience.
Top 5 Cold Wallets for Storing Your Crypto in 2025
Self-custody is back in style. After the 2024 exchange-hack spree cost users nearly US?$2?billion, cold-storage sales skyrocketed. But not every metal-cased gadget lives up to the hype. To help you sort marketing fluff from real security, we’ve ranked the five best cold wallets 2025 based on hardware design, firmware transparency, recovery options and user experience.
Memecoins move fast—sometimes too fast. If you hold PepeCoin (PEPE) and want to lock in gains without fully exiting crypto, converting to Tether (USDT) is a popular move. This guide walks you through everything you need to exchange PEPE to USDT on Ybex.io in about ten minutes, covering basics, safety tips, and common questions.
Understanding the Basics PepeCoin (PEPE) is an Ethereum-based memecoin inspired by the internet’s favorite frog. Launched in early 2023, it regularly posts double-digit daily swings. While that volatility fuels excitement, it also makes risk management crucial.
Tether (USDT) is a dollar-pegged stablecoin that aims to hold a 1:1 value with USD. It’s the most liquid stable asset in crypto, listed on virtually every centralized and decentralized exchange.
Memecoins move fast—sometimes too fast. If you hold PepeCoin (PEPE) and want to lock in gains without fully exiting crypto, converting to Tether (USDT) is a popular move. This guide walks you through everything you need to exchange PEPE to USDT on Ybex.io in about ten minutes, covering basics, safety tips, and common questions.
Understanding the Basics PepeCoin (PEPE) is an Ethereum-based memecoin inspired by the internet’s favorite frog. Launched in early 2023, it regularly posts double-digit daily swings. While that volatility fuels excitement, it also makes risk management crucial.
Tether (USDT) is a dollar-pegged stablecoin that aims to hold a 1:1 value with USD. It’s the most liquid stable asset in crypto, listed on virtually every centralized and decentralized exchange.
TRON Inc. Stock Jumps After SRM Reverse-Merger Play
Today TRON Inc. has filed a $1 billion mixed shelf registration with the U.S. Securities and Exchange Commission, paving the way for future issuances of equity, debt, warrants and other securities as the company seeks to grow its holdings of tron (TRX). The filing marks the first major capital-markets step since the firm’s June reverse merger and rebrand from SRM Entertainment to TRON Inc., a pivot that transformed a small toy company into a publicly traded “crypto-treasury” vehicle tied to the Tron blockchain.
What’s in the filing
According to the company’s SEC page, TRON Inc. submitted a Form S-3 shelf registration dated July 28, 2025. A shelf lets an issuer tap the market over time as conditions allow, rather than selling all securities at once.
TRON Inc. Stock Jumps After SRM Reverse-Merger Play
Today TRON Inc. has filed a $1 billion mixed shelf registration with the U.S. Securities and Exchange Commission, paving the way for future issuances of equity, debt, warrants and other securities as the company seeks to grow its holdings of tron (TRX). The filing marks the first major capital-markets step since the firm’s June reverse merger and rebrand from SRM Entertainment to TRON Inc., a pivot that transformed a small toy company into a publicly traded “crypto-treasury” vehicle tied to the Tron blockchain.
What’s in the filing
According to the company’s SEC page, TRON Inc. submitted a Form S-3 shelf registration dated July 28, 2025. A shelf lets an issuer tap the market over time as conditions allow, rather than selling all securities at once.
Visa Expands Stablecoin Settlement, Adding PYUSD, USDG and EURC Support
Visa is widening its on-chain settlement infrastructure, adding Avalanche and Stellar to the list of supported blockchains and introducing support for PayPal USD (PYUSD), Paxos’ Global Dollar (USDG) and Circle’s Euro Coin (EURC). The move builds on Visa’s existing stablecoin program and aims to give merchants, fintechs and payment partners faster, cheaper cross-border settlement options.
CoinDesk first reported that Visa’s platform now spans four blockchains (Ethereum, Solana, plus the new additions Avalanche and Stellar) and four stablecoins, with PYUSD and USDG added via Paxos and EURC via Circle. Visa positioned the expansion as a step toward transforming “global money movement” with compliant, liquid digital dollars and euros.
Visa Expands Stablecoin Settlement, Adding PYUSD, USDG and EURC Support
Visa is widening its on-chain settlement infrastructure, adding Avalanche and Stellar to the list of supported blockchains and introducing support for PayPal USD (PYUSD), Paxos’ Global Dollar (USDG) and Circle’s Euro Coin (EURC). The move builds on Visa’s existing stablecoin program and aims to give merchants, fintechs and payment partners faster, cheaper cross-border settlement options.
CoinDesk first reported that Visa’s platform now spans four blockchains (Ethereum, Solana, plus the new additions Avalanche and Stellar) and four stablecoins, with PYUSD and USDG added via Paxos and EURC via Circle. Visa positioned the expansion as a step toward transforming “global money movement” with compliant, liquid digital dollars and euros.
Cardano’s ADA declined about 3% in the past 24 hours, underperforming majors as a marketwide sell-off persisted and the project’s ‘Midnight’ airdrop introduced fresh cross-currents in order books. ADA oscillated roughly between $0.734–$0.760 on Tuesday and was last seen near $0.72, according to CoinDesk’s markets desk.
The down move tracked a broader risk-off stretch that also pushed BNB below $750 after bitcoin’s slide triggered about $360 million in liquidations over 24 hours, deepening fragility in altcoin liquidity. In that context, memecoins and high-beta names led losses, and ADA’s bounce attempts faded into local resistance.
‘Midnight’ airdrop: fuel for churn, not a straight line up
Cardano’s ADA declined about 3% in the past 24 hours, underperforming majors as a marketwide sell-off persisted and the project’s ‘Midnight’ airdrop introduced fresh cross-currents in order books. ADA oscillated roughly between $0.734–$0.760 on Tuesday and was last seen near $0.72, according to CoinDesk’s markets desk.
The down move tracked a broader risk-off stretch that also pushed BNB below $750 after bitcoin’s slide triggered about $360 million in liquidations over 24 hours, deepening fragility in altcoin liquidity. In that context, memecoins and high-beta names led losses, and ADA’s bounce attempts faded into local resistance.
‘Midnight’ airdrop: fuel for churn, not a straight line up
Japan’s Crypto Tax Overhaul: What is Important to Know
Japan is edging toward its biggest crypto tax shake-up yet. In 2025, ruling-party lawmakers and regulators outlined proposals to make digital-asset investing simpler and fairer—potentially swapping today’s progressive tax treatment for a stock-like, separate 20% rate, adding loss carry-forward, and reclassifying crypto as “financial products.” None of this is law yet, but the roadmap and timing are clearer than they’ve ever been.
Where things stand today
Under current practice, most individual crypto profits in Japan are taxed as “miscellaneous income” at progressive rates that can reach an effective ~55% for top earners (national + local). That treatment differs from stocks, which generally face separate self-assessment at ~20% (income + inhabitant tax).
Japan’s Crypto Tax Overhaul: What is Important to Know
Japan is edging toward its biggest crypto tax shake-up yet. In 2025, ruling-party lawmakers and regulators outlined proposals to make digital-asset investing simpler and fairer—potentially swapping today’s progressive tax treatment for a stock-like, separate 20% rate, adding loss carry-forward, and reclassifying crypto as “financial products.” None of this is law yet, but the roadmap and timing are clearer than they’ve ever been.
Where things stand today
Under current practice, most individual crypto profits in Japan are taxed as “miscellaneous income” at progressive rates that can reach an effective ~55% for top earners (national + local). That treatment differs from stocks, which generally face separate self-assessment at ~20% (income + inhabitant tax).
Visa Expands Stablecoin Settlement, Adding PYUSD, USDG and EURC Support
Visa is widening its on-chain settlement infrastructure, adding Avalanche and Stellar to the list of supported blockchains and introducing support for PayPal USD (PYUSD), Paxos’ Global Dollar (USDG) and Circle’s Euro Coin (EURC).
CoinDesk first reported that Visa’s platform now spans four blockchains (Ethereum, Solana, plus the new additions Avalanche and Stellar) and four stablecoins, with PYUSD and USDG added via Paxos and EURC via Circle.
The Block and Yahoo Finance corroborated the details, noting that the new networks complement existing Ethereum and Solana support, and that the added assets broaden settlement currency choices for institutional partners.
Visa Expands Stablecoin Settlement, Adding PYUSD, USDG and EURC Support
Visa is widening its on-chain settlement infrastructure, adding Avalanche and Stellar to the list of supported blockchains and introducing support for PayPal USD (PYUSD), Paxos’ Global Dollar (USDG) and Circle’s Euro Coin (EURC).
CoinDesk first reported that Visa’s platform now spans four blockchains (Ethereum, Solana, plus the new additions Avalanche and Stellar) and four stablecoins, with PYUSD and USDG added via Paxos and EURC via Circle.
The Block and Yahoo Finance corroborated the details, noting that the new networks complement existing Ethereum and Solana support, and that the added assets broaden settlement currency choices for institutional partners.
Top Crypto Trading Indicators for 2025: What Really Matters If you’ve ever wondered which top trading indicators for crypto trading actually deserve space on your chart, this guide is for you. We’ll keep it practical: what each tool measures, how to use it, and when to ignore it. We’ll also go beyond classic technicals and cover derivatives and on-chain signals that crypto traders lean on in 2025.
Rule of thumb: mix one trend, one momentum, one volatility, and one flow (volume/derivatives/on-chain) indicator. Don’t stack five tools that all say the same thing.
1) Trend Indicators: “Is the market generally up, down, or sideways?” Moving Averages (SMA/EMA). A moving average smooths price to reveal direction; EMAs weight recent prices more, so they react faster than SMAs.
Top Crypto Trading Indicators for 2025: What Really Matters If you’ve ever wondered which top trading indicators for crypto trading actually deserve space on your chart, this guide is for you. We’ll keep it practical: what each tool measures, how to use it, and when to ignore it. We’ll also go beyond classic technicals and cover derivatives and on-chain signals that crypto traders lean on in 2025.
Rule of thumb: mix one trend, one momentum, one volatility, and one flow (volume/derivatives/on-chain) indicator. Don’t stack five tools that all say the same thing.
1) Trend Indicators: “Is the market generally up, down, or sideways?” Moving Averages (SMA/EMA). A moving average smooths price to reveal direction; EMAs weight recent prices more, so they react faster than SMAs.
Brazil’s New 17.5% Crypto Tax: What Investors Need to Know
Brazil has moved to overhaul how it taxes digital assets. A Provisional Measure (MP 1303) issued by the government introduces a flat 17.5% income-tax rate on financial investments and crypto assets, replacing the prior bracket system and eliminating the long-standing tax exemption for crypto sales up to R$35,000 per month. The measure is part of a wider fiscal package and takes effect provisionally pending congressional approval.
What’s actually changing Flat 17.5% rate. The measure unifies the rate on investment income and capital gains—including digital assets—at 17.5%, replacing the 15%–22.5% scale that depended on holding period and size of gain. Reuters and the government’s own summary highlight the shift to a single rate across asset classes. No more R$35,000 monthly exemption.
Brazil’s New 17.5% Crypto Tax: What Investors Need to Know
Brazil has moved to overhaul how it taxes digital assets. A Provisional Measure (MP 1303) issued by the government introduces a flat 17.5% income-tax rate on financial investments and crypto assets, replacing the prior bracket system and eliminating the long-standing tax exemption for crypto sales up to R$35,000 per month. The measure is part of a wider fiscal package and takes effect provisionally pending congressional approval.
What’s actually changing Flat 17.5% rate. The measure unifies the rate on investment income and capital gains—including digital assets—at 17.5%, replacing the 15%–22.5% scale that depended on holding period and size of gain. Reuters and the government’s own summary highlight the shift to a single rate across asset classes. No more R$35,000 monthly exemption.
Kanye West’s YZY Token Crash: 51,000 Traders Are Red!
A week after launching on Solana, Kanye West’s YZY token has gone from viral debut to cautionary tale. New on-chain analysis cited by major crypto media shows that more than 51,000 traders booked losses totaling roughly $74 million, while a tiny group of wallets earned seven-figure gains. The episode highlights recurring risks around celebrity memecoins, thin liquidity, and opaque token distributions.
The quick version
- Launch & spike: YZY launched on Solana on Aug. 21 and ripped higher within hours amid heavy social buzz. - Fast reversal: Within days, the token fell over 80% from peak levels. - Who got hurt: Out of ~70,000+ wallets that touched YZY, 51k+ ended in the red, with aggregate realized losses near $74.8M. - Who got paid: 11 wallets reportedly made $1M+ each;
Kanye West’s YZY Token Crash: 51,000 Traders Are Red!
A week after launching on Solana, Kanye West’s YZY token has gone from viral debut to cautionary tale. New on-chain analysis cited by major crypto media shows that more than 51,000 traders booked losses totaling roughly $74 million, while a tiny group of wallets earned seven-figure gains. The episode highlights recurring risks around celebrity memecoins, thin liquidity, and opaque token distributions.
The quick version
- Launch & spike: YZY launched on Solana on Aug. 21 and ripped higher within hours amid heavy social buzz. - Fast reversal: Within days, the token fell over 80% from peak levels. - Who got hurt: Out of ~70,000+ wallets that touched YZY, 51k+ ended in the red, with aggregate realized losses near $74.8M. - Who got paid: 11 wallets reportedly made $1M+ each;
Method note: This ranking synthesizes Cointelegraph’s 2025 list with cross-references to reputable wealth trackers and company filings/coverage where available. Net-worth figures move with token prices and equities; treat these as point-in-time estimates, not fixed truths.
Changpeng “CZ” Zhao — ~$62.9B
Company/role: Binance (founder; former CEO) Why he tops the list: Despite stepping down as CEO in late 2023, CZ is still credited with ~90% ownership of Binance. With the exchange retaining global market leadership and BNB activity robust, his fortune leads the crypto field. Reference: Cointelegraph’s 2025 list
Method note: This ranking synthesizes Cointelegraph’s 2025 list with cross-references to reputable wealth trackers and company filings/coverage where available. Net-worth figures move with token prices and equities; treat these as point-in-time estimates, not fixed truths.
Changpeng “CZ” Zhao — ~$62.9B
Company/role: Binance (founder; former CEO) Why he tops the list: Despite stepping down as CEO in late 2023, CZ is still credited with ~90% ownership of Binance. With the exchange retaining global market leadership and BNB activity robust, his fortune leads the crypto field. Reference: Cointelegraph’s 2025 list
HODLing — buying Bitcoin and holding through volatility — remains the crypto market’s dominant strategy in 2025, according to a fresh Cointelegraph explainer that revisits the term’s origin, the psychology behind long-term conviction, and today’s investor toolkit from recurring purchases to custody choices. The piece argues that despite a more institutional, ETF-driven market, the simple buy-and-hold approach still best captures Bitcoin’s long-run thesis.
From typo to thesis
“HODL” began life as a misspelling of “hold” in a late-night 2013 Bitcointalk forum post titled “I AM HODLING,” written after a brutal one-day plunge. The post became crypto lore and a shorthand for staying the course in a hyper-volatile market.
HODLing — buying Bitcoin and holding through volatility — remains the crypto market’s dominant strategy in 2025, according to a fresh Cointelegraph explainer that revisits the term’s origin, the psychology behind long-term conviction, and today’s investor toolkit from recurring purchases to custody choices. The piece argues that despite a more institutional, ETF-driven market, the simple buy-and-hold approach still best captures Bitcoin’s long-run thesis.
From typo to thesis
“HODL” began life as a misspelling of “hold” in a late-night 2013 Bitcointalk forum post titled “I AM HODLING,” written after a brutal one-day plunge. The post became crypto lore and a shorthand for staying the course in a hyper-volatile market.
If you want a clean read on blockchain adoption in 2025, follow the users. Cointelegraph just published a ranking of the top 10 fastest-growing blockchains by active users, highlighting where real transactions — not just speculation — are happening. Below, we summarize the list, add context from independent data sources, and explain what the growth signals for DeFi, NFTs, stablecoins, and L2s actually mean for builders and investors.
Why “active users” matters In this ranking, active users = unique wallet addresses that transacted over a period. It’s not a perfect proxy for people (bots and multiple wallets exist), but it’s still a strong, chain-agnostic indicator of on-chain engagement across payments, swaps, games, and dapps.
If you want a clean read on blockchain adoption in 2025, follow the users. Cointelegraph just published a ranking of the top 10 fastest-growing blockchains by active users, highlighting where real transactions — not just speculation — are happening. Below, we summarize the list, add context from independent data sources, and explain what the growth signals for DeFi, NFTs, stablecoins, and L2s actually mean for builders and investors.
Why “active users” matters In this ranking, active users = unique wallet addresses that transacted over a period. It’s not a perfect proxy for people (bots and multiple wallets exist), but it’s still a strong, chain-agnostic indicator of on-chain engagement across payments, swaps, games, and dapps.
Yala’s Bitcoin-Backed Stablecoin YU Depegs to $0.20 After Unauthorized Mint
Yala’s dollar-pegged YU stablecoin fell sharply over the weekend, trading between $0.20 and $0.30 depending on venue, after what the team called an “attempted attack.” In statements and follow-ups, Yala said the incident was contained, that it’s cooperating with security firm SlowMist, and that it would restore liquidity pools and allow users to redeem YU for USDC at a 1:1 rate.
- What exactly happened Coverage from multiple outlets and on-chain analysts points to an unauthorized token mint on Polygon that flooded supply and broke the peg:
- The Block reported that an attacker minted 120 million YU, triggering the depeg. ForkLog recapped the team’s posts, noting YU slumped to ~$0.30 on Uniswap on Sept. 13...
Yala’s Bitcoin-Backed Stablecoin YU Depegs to $0.20 After Unauthorized Mint
Yala’s dollar-pegged YU stablecoin fell sharply over the weekend, trading between $0.20 and $0.30 depending on venue, after what the team called an “attempted attack.” In statements and follow-ups, Yala said the incident was contained, that it’s cooperating with security firm SlowMist, and that it would restore liquidity pools and allow users to redeem YU for USDC at a 1:1 rate.
- What exactly happened Coverage from multiple outlets and on-chain analysts points to an unauthorized token mint on Polygon that flooded supply and broke the peg:
- The Block reported that an attacker minted 120 million YU, triggering the depeg. ForkLog recapped the team’s posts, noting YU slumped to ~$0.30 on Uniswap on Sept. 13...
Bitcoin as Digital Gold: What a Macro Analyst Really Means
A new interview has reignited the “Bitcoin as digital gold” debate—and it hinges on something counter-intuitive: Bitcoin’s lack of yield may be a strength, not a weakness. Speaking to ForkLog, macro analyst Luke Gromen argued that Bitcoin’s value proposition is precisely its absence of counterparty risk and no built-in yield, which makes it a purer store of value for people trying to hedge inflation, capital controls, or political shocks.
Below is a breakdown of what he meant, how it lines up with mainstream commentary, and what to watch if you care about Bitcoin’s store-of-value narrative.
The core claim: No yield ? fewer dependencies
Gromen’s point is simple: when an asset doesn’t promise yield, you aren’t trusting an issuer, borrower, or platform to pay you back.
Bitcoin as Digital Gold: What a Macro Analyst Really Means
A new interview has reignited the “Bitcoin as digital gold” debate—and it hinges on something counter-intuitive: Bitcoin’s lack of yield may be a strength, not a weakness. Speaking to ForkLog, macro analyst Luke Gromen argued that Bitcoin’s value proposition is precisely its absence of counterparty risk and no built-in yield, which makes it a purer store of value for people trying to hedge inflation, capital controls, or political shocks.
Below is a breakdown of what he meant, how it lines up with mainstream commentary, and what to watch if you care about Bitcoin’s store-of-value narrative.
The core claim: No yield ? fewer dependencies
Gromen’s point is simple: when an asset doesn’t promise yield, you aren’t trusting an issuer, borrower, or platform to pay you back.
If you choose to make use of any information on this website including online sports betting services from any websites that may be featured on
this website, we strongly recommend that you carefully check your local laws before doing so.It is your sole responsibility to understand your local laws and observe them strictly.Covers does not provide
any advice or guidance as to the legality of online sports betting or other online gambling activities within your jurisdiction and you are responsible for complying with laws that are applicable to you in
your relevant locality.Covers disclaims all liability associated with your use of this website and use of any information contained on it.As a condition of using this website, you agree to hold the owner
of this website harmless from any claims arising from your use of any services on any third party website that may be featured by Covers.