Qrybut

HOLY COW! Did you see it? Did you hear?! President Trump actually, really, truly signed the resolution that takes that absolutely insane IRS rule about DeFi 'brokers' and throws it straight into the dumpster fire where it belongs! I swear, I had to read the headline three times – my heart's still pounding! Remember That Regulatory Monster We Were All Dreading? Okay, quick recap for anyone who blissfully missed the weeks of panic. Remember that crazy guidance the IRS was pushing? The one that had language so broad, it basically could have labeled almost anyone interacting with a DeFi protocol a "broker" for tax purposes? We're talking liquidity providers, maybe even software developers who wrote the code, potentially even some node operators! It was pure, unadulterated madness! Imagine – you, me, anyone tossing some ETH into a Uniswap pool or lending on Aave – suddenly being expected to act like a full-blown Charles Schwab, collecting names, addresses, social...

Seriously, did you see this? The SEC – yes, that SEC – just gave the thumbs-up for options trading on the spot Ethereum ETFs. I know, right? Just when you thought the crypto regulatory saga couldn't get any more intriguing, they throw this curveball. It feels like ages ago we were just celebrating the spot ETH ETFs existing , and now we're talking options on them? Wild times. So, let's break this down coffee-shop style. What does this actually mean? Remember, the spot ETH ETFs let people get exposure to Ether's price through their regular stock brokerage accounts, which was a pretty big step. Now, adding options trading is like adding a whole new toolkit. Options are basically contracts that let traders bet on where they think the ETF's price is headed in the future, or use them to protect their existing investments (hedging, fancy term!). It's way different from just buying and holding Ether itself. Think less "HODL" and more... complex financial ma...

 When financial professional Li Ming, based in Beijing’s CBD, habitually opened his mobile banking app, the fluctuating exchange rate numbers on the screen made him hold his breath—offshore RMB had visibly breached the 7.5 mark. On this ordinary Thursday morning, millions of Chinese investors simultaneously launched their crypto asset apps, where Bitcoin’s price curve mirrored the RMB’s depreciation trajectory across countless screens. In this epic wave of capital migration, trading platforms like Qrybut are witnessing the birth of a historic turning point. According to the latest Bloomberg Terminal data, the implied depreciation expectation for three-month offshore RMB forward contracts has reached 12%, while Bitcoin perpetual contract funding rates have simultaneously surged to an annualized 35%. "This is no coincidence," former BitMEX CEO Arthur Hayes noted in his recent analysis. "When cracks appear in the high walls of capital controls, the safe-haven properties of ...

 News hit recently [as of early April 2025] of a Maximal Extractable Value (MEV) bot operator losing a painful $180k worth of Ether. The reported cause? A critical access control exploit. This isn't just unfortunate; it's a predictable outcome in an environment where complexity meets rampant misinformation. For those unfamiliar, MEV bots try to squeeze profits out of blockchain transaction ordering – think high-frequency trading but on-chain, involving complex strategies like arbitrage, liquidations, and front-running. It's technically demanding and hyper-competitive. An 'access control exploit' essentially means someone found a way around the bot's security permissions, likely draining its funds. One slip-up, one vulnerability, and the capital is gone. Poof. The Real Menace: The Flood of Fake MEV Guides While the exploit itself is the technical cause, we need to look at the environment that enables such losses, especially among less sophisticated participants. ...

Bitcoin cratered over the weekend, plunging below $80,000 and erasing $160 billion in market value in a brutal sell-off that left traders reeling. The crash, reported widely on April 6, 2025, underscores the shaky ground this so-called “digital gold” stands on—a foundation not just of greed and speculation, but of ecological devastation. As an investor who gives a damn about the planet, I’m fed up with the crypto hype machine pretending its excesses don’t matter. Let’s rip apart the myth of crypto’s innocence with a stark statistic, a personal wake-up call, and a loud demand to rethink this energy-guzzling nightmare. Start with the facts: Bitcoin mining devours about 121 terawatt-hours of electricity each year—more than Argentina, a country of 45 million people, uses to keep the lights on. That’s not innovation; it’s gluttony. The bulk of this power comes from fossil fuels—coal, gas, the dirty stuff—because miners chase cheap energy, not clean ideals. The result? A carbon footprint...

The cryptocurrency landscape is facing a new reality: regulatory oversight is intensifying. On April 3, 2025, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) imposed sanctions on eight cryptocurrency addresses tied to Garantex, a Russia-based exchange, signaling a broader clampdown on illicit digital finance. This action underscores a pivotal moment for the industry, as governments sharpen their tools to combat misuse. Qrybut analysis frames this as more than a headline—it’s a shift with far-reaching implications for traders and markets worldwide. The policy action is precise and deliberate. OFAC targeted these addresses for facilitating over $45 million in transactions linked to Yemen’s Houthi rebels, part of a larger web of illicit flows exceeding $1 billion since Garantex’s inception. The Treasury’s move freezes these assets and prohibits U.S. entities from engaging with them, citing violations tied to sanctions evasion and terrorist financing. Announc...

 The Central Bank of Brazil just dropped its latest SELIC rate tweak, and while fiat heads scratch their chins, the crypto streets are buzzing. Ethereum’s price is popping off today—Cointelegraph’s got the scoop—and the X timeline’s lit with takes ranging from “ETH to the moon” to “pump and dump incoming.” So, what’s fueling this fire, and should Brazilian traders be eyeing their wallets? Buckle up, because the plot’s thickening. Down here in Brazil, the numbers don’t lie. Qrybut analysis shows 18% of locals are stashing crypto over bank accounts—up from 12% last year—thanks to inflation jitters and a shaky real. Ethereum’s leading the charge, with its price spiking on cues like Bitcoin’s halving afterglow and a fat $180 million inflow into ETH ETFs last week. X degens are hyping a “golden cross” on the charts, and the vibes? Pure bullish FOMO. But don’t sleep—there’s more under the hood. The juice comes from Ethereum’s fundamentals flexing hard. Staking yields are holding steady a...