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Alex Harutunian

Number of Articles 528
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Alex Harutunian's Observations 528 Articles
Adoption   -   Aug 18, 2025 ROSCAs and Blockchain: Why the Perfect Match Never Worked
roscas and blockchain

Blockchain promised to reinvent ROSCAs through smart contracts, but despite many pilots adoption never scaled. Instead, the most successful digital ROSCAs are centralized apps like Tanda and Chama — thriving on trust, not code

Alex Harutunian
Stablecoins   -   Aug 13, 2025 USDC’s Circle Showcases Post-IPO Strength, Building Its Own Blockchain and Payment Networks
USDC’s Circle Showcases Post-IPO Strength, Building Its Own Blockchain and Payment Networks

Circle’s first post-IPO results show USDC supply nearly doubled YoY to $61.3B, market share up to 26%, and revenue +53% to $658M. The $1.2B IPO boosted equity to $2.37B, funding new plays like the Circle Payments Network and Arc blockchain in a bid to challenge Tether’s dominance

Alex Harutunian
Blockchain   -   Aug 05, 2025 Solana Leaps Ahead in MEV Race by Making Transaction Ordering Transparent
Solana Leaps Ahead in MEV Race by Making Transaction Ordering Transparent

Jito’s BAM transforms MEV on Solana from a private auction into a transparent, programmable marketplace. While Ethereum introduced PBS, Solana may now be a step ahead—embedding MEV handling directly into the protocol with greater flexibility and developer access.

Alex Harutunian
Bitcoin   -   Aug 04, 2025 Who Is Satoshi Nakamoto? The Unsolved Mystery of Bitcoin’s Creator
Satoshi Nakamoto Bitcoin creator candidates

Behind Bitcoin’s code lies a name—Satoshi Nakamoto—yet no one knows who they are. Was it a lone genius, a hidden collective, or even a state project? This article explores the clues, theories, and myths—listing every notable candidate for the most elusive figure in modern tech.

Alex Harutunian
Adoption   -   Jul 29, 2025 Mastercard In The Priceless World Of Crypto
Mastercard blockchain crypto 2025

Mastercard’s crypto strategy has shifted from flashy announcements to practical integrations like Swapper Finance, enabling direct crypto purchases on DEXs. Yet, real-world traction for earlier initiatives like MTN or Crypto Credential remains limited, highlighting challenges of legacy adoption

Alex Harutunian
TON   -   Jul 23, 2025 TON Takes Shape: Builders Arrive, Value Still on the Way
Active construction on TOn blockchain

IIn 2025, TON deepened its Telegram integration, expanded its ecosystem with new DeFi projects, and upgraded its core infrastructure. While user activity rebounded strongly—reversing the shock of 2024—capital inflow lagged behind, highlighting a network rich in scale but still maturing in value

Alex Harutunian
CBDC   -   Jul 17, 2025 Will Central Banks' Money Fly?
Cbdc on permissioned infrastructure

As central banks build digital currencies with tight control, they abandon the core innovation of blockchain—permissionless design. While CBDCs favor private ledgers, the U.S. turns to stablecoins running on public rails, balancing decentralization, oversight, and market-driven innovation.

Alex Harutunian
Coins and tokens   -   Jul 15, 2025 Michael Saylor’s Second Bubble: From Dotcom Crash to Bitcoin Frenzy
microstrategy now strategy led by Michael Saylor turns into Bitcoin strategy

Strategy’s Bitcoin-heavy model echoes the dotcom era: bold bets, speculative inflows, and sky-high valuations. With $30B in unrealized gains and a market cap nearly double its NAV, the company looks less like a business—and more like a leveraged crypto momentum play

Alex Harutunian
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