What is OTC trading in crypto? How whales buy big
When a company buys hundreds of millions of dollars of Bitcoin and the price barely moves, it did not use an exchange. It used an OTC desk. This guide explains over-the-counter crypto trading: why large orders cannot go through order books, how OTC desks source liquidity and settle trades, the difference between principal and agency…
What is Robinhood Chain? The broker’s L2 explained
Robinhood launched its own blockchain in July 2026, an Ethereum layer 2 where tokenized stocks trade around the clock and plug into DeFi as collateral. This guide explains what Robinhood Chain actually is, how it works under the hood, what Stock Tokens are and who can use them, how the chain differs from Base and…
TeraWulf seeks $3.5B debt for Anthropic AI data center
Bitcoin mining and data center company TeraWulf is reportedly preparing to raise about $3.5 billion in debt to fund an artificial intelligence campus leased by Anthropic. Summary TeraWulf reportedly seeks $3.5 billion through leveraged loans and bonds for its Kentucky AI campus. Anthropic’s 20-year lease could generate about $19 billion as the facility reaches full…
CRYL expands Japan’s Bitcoin lending market with $6.2M loans
Japanese lender CRYL has launched Bitcoin-backed loans ranging from 1 million yen to 1 billion yen, or about $6,200 to $6.2 million. Summary CRYL offers Bitcoin-backed loans from $6,200 to $6.2 million for individuals and businesses across Japan. Borrowers pay annual rates between 3.5% and 7%, with collateral ratios ranging from 40% to 60%. Japan’s…
FDV vs market cap: Is a crypto token actually cheap?
A token can look cheap by market cap and be catastrophically expensive by fully diluted valuation, and the gap between the two numbers is where most crypto losses quietly begin. This guide explains market cap and FDV, why the difference matters more than either number alone, how token unlocks turn FDV into future selling pressure,…
Ethereum price climbs toward $1,800 as short squeeze and risk-on rally gather pace
Ethereum price has rebounded to nearly $1,800 after easing geopolitical tensions and an aggressive short squeeze across crypto derivatives restored appetite for risk assets, while traders now watch whether bulls can force a breakout above a key technical ceiling. Summary Ethereum price has climbed back toward $1,800 as easing geopolitical tensions triggered a sharp short…
Metaplanet, JPYC study Bitcoin-backed credit products
Metaplanet has started a joint study into Bitcoin-backed digital credit products with stablecoin issuer JPYC, tokenization company Progmat and its securities arm in Japan. Summary Metaplanet will study Bitcoin-backed credit using JPYC settlement and Progmat’s security token infrastructure in Japan. No product has launched, while issuance timing, yields, terms, and distribution methods remain undecided. Project…
What are wallet drainers? Approval phishing explained
Wallet drainers have stolen billions from crypto users, and almost none of it involved a stolen password or a hacked blockchain. It involved victims signing transactions they did not understand. This guide explains how drainers actually work, the token-approval mechanism they exploit, the drainer-as-a-service industry that industrialized the theft, the specific signatures that give attackers…
New Hampshire rejects $100M Bitcoin-backed bond
New Hampshire’s Executive Council has rejected a proposal to issue up to $100 million in Bitcoin-backed revenue bonds linked to Bitcoin miner CleanSpark. Summary New Hampshire’s Executive Council rejected the proposed $100 million Bitcoin-backed bond by a 3-2 vote. CleanSpark planned to post about $160 million in Bitcoin without exposing taxpayers to direct repayment risk….
Ethereum Foundation dissolves key protocol coordination team
The Ethereum Foundation has dissolved its Protocol Support team as part of a broader restructuring that recently cut about 20% of the nonprofit’s workforce. Summary Ethereum Foundation dissolved Protocol Support after five years coordinating upgrades, developer meetings and fellowship programs worldwide. Several team members lost their roles following the Foundation’s broader 20% workforce reduction announced…
