Farcaster Switches to Wallet-First Strategy to Grow Its Social App
The protocol still consists of casts, follows, reactions, identities and wallets, and third-party clients are free to emphasize whichever components they want.
Crypto
Crypto Has Reinvented and Replatformed the Middle Man
Today is a pivotal and dangerous moment for crypto. In my twelve years in this space, I have never seen the conditions we’re experiencing now, even in our most bearish cycles. Individually, these signals would be disconcerting. Together, they are signs of a major potential… Read More
Trump Administration Overlooks Bitcoin, Blockchain in National Security Strategy
U.S. President Donald Trump took office early this year, with at least part of his 2024 election victory thanks to voters who took to heart campaign promises about a crypto-friendly administration. So far, the Trump administration has indeed taken decisive pro-crypto steps, including signing an… Read More
Debunking The Yen Carry Trade Unwind Alarms
With the Bank of Japan (BOJ) expected to hike rates next week, some observers are worried that the Japanese yen could surge, triggering an unwinding of “carry trades,” crushing bitcoin. Their analysis, however, overlooks actual positioning in the FX and bond markets, missing the nuance… Read More
State of Crypto: Wrapping Up the Month
Congressional panels have advanced nominations for regulators who will deal with crypto, but the full Senate hasn’t confirmed them yet. We’re also running out of time for market structure. PS: I’ll be in Washington, D.C. for the Blockchain Association’s annual summit. I’d love to say… Read More
French Banking Giant BPCE to Roll Out Crypto Trading for 2M Retail Clients
Major French banking group BPCE is set to start offering crypto trading services to retail customers through its Banque Populaire and Caisse d’Épargne apps starting Monday. Customers of four regional banks, including Banque Populaire Île-de-France and Caisse d’Épargne Provence-Alpes-Côte d’Azur, will be able to buy… Read More