Is This Bitcoin’s Biggest Crash of 2025? BTC’s Fundamentals Remain Strong
As Bitcoin continues to underperform relative to equities, many in the market are calling the recent decline “the big Bitcoin crash of 2025.” But when sentiment is separated from facts, the picture looks far less dramatic. So far this year, Bitcoin is down only about 6%, despite a 24% pullback over the past three months. The growing panic reflects a widening gap between market emotion and actual drawdown, raising the key question: Is this a true market crash—or simply a normal Bitcoin correct...
Is This Bitcoin’s Biggest Crash of 2025? BTC’s Fundamentals Remain Strong
As Bitcoin continues to underperform relative to equities, many in the market are calling the recent decline “the big Bitcoin crash of 2025.” But when sentiment is separated from facts, the picture looks far less dramatic. So far this year, Bitcoin is down only about 6%, despite a 24% pullback over the past three months. The growing panic reflects a widening gap between market emotion and actual drawdown, raising the key question: Is this a true market crash—or simply a normal Bitcoin correct...
Stop Calling High-Risk Yield Products “Stablecoins”
The world of stablecoins is never short on stories. What it lacks is respect for risk. And November just gave us another hard reminder. A so-called “stablecoin” called xUSD crashed from $1 to $0.26 on November 4. Today, it trades around $0.12 — an 88% wipeout. The project behind it? Stream Finance, a DeFi “star” that at one point managed over $500M in assets. Stream wrapped a high-risk yield strategy in the comforting language of a “yielding stablecoin.” They told users xUSD was “USD-pegged a...
Stop Calling High-Risk Yield Products “Stablecoins”
The world of stablecoins is never short on stories. What it lacks is respect for risk. And November just gave us another hard reminder. A so-called “stablecoin” called xUSD crashed from $1 to $0.26 on November 4. Today, it trades around $0.12 — an 88% wipeout. The project behind it? Stream Finance, a DeFi “star” that at one point managed over $500M in assets. Stream wrapped a high-risk yield strategy in the comforting language of a “yielding stablecoin.” They told users xUSD was “USD-pegged a...
