# Сопутствующие статьи по теме Exchange

Новостной центр HTX предлагает последние статьи и углубленный анализ по "Exchange", охватывающие рыночные тренды, новости проектов, развитие технологий и политику регулирования в криптоиндустрии.

The Economics of Human Nature from the Perspective of Black PR: What We See—Public Opinion, Foolish Opinion, or Fishing for Opinion?

This article analyzes the recent wave of negative public opinion targeting Binance through the lens of "black PR"—a form of organized, malicious public relations aimed at destroying a competitor's reputation. The author argues that such campaigns are not random but strategically designed using psychological principles, including the manipulation of crowd psychology (as in *The Crowd: A Study of the Popular Mind*), agenda-setting theory, and the spiral of silence. These tactics are deployed to create an illusion of widespread criticism, suppress opposing voices, and damage trust. The piece outlines a five-stage model of black PR operations: intelligence gathering, covert seeding of narratives, amplification by influencers, bot-driven amplification, and eventual withdrawal to avoid detection. It highlights telltale signs of orchestrated attacks, such as synchronized posting times, fake user accounts with uniform naming patterns, and identical fabricated content (e.g., AI-generated legal letters or withdrawal screenshots). The author presents circumstantial evidence suggesting Binance is currently a target, including analysis of bot accounts and unusual financial transactions—such as a $4,999 transfer from a Binance hot wallet to a social media manipulation platform—that coincide with peak negative coverage. Interestingly, a similar pattern was observed during earlier attacks on OKX. Ultimately, the article calls for an end to such destructive tactics, emphasizing that major exchanges like Binance and OKX—despite their flaws—are pillars of the crypto industry and should not be undermined by coordinated disinformation campaigns.

marsbit02/14 07:48

The Economics of Human Nature from the Perspective of Black PR: What We See—Public Opinion, Foolish Opinion, or Fishing for Opinion?

marsbit02/14 07:48

Q4 Net Loss of $667 Million, Yet Stock Soars 16%, Don't Buy Coinbase Now

Coinbase reported a net loss of $667 million in Q4 2025, with revenue of $1.78 billion falling short of expectations. Despite this, its stock surged 16.46% the next day, reflecting short-term market confidence. However, analysts caution against investing in Coinbase at this time, citing high cyclicality and near-term headwinds. The company’s revenue is split between transaction-based income (56%) and subscription & services (44%). Transaction revenue relies heavily on retail trading spreads, which remain vulnerable to crypto market volatility. Subscription revenue includes stablecoin-related income (mainly from USDC interest sharing), staking, and emerging services like Coinbase One and Base L2. Key challenges include Coinbase’s high correlation with Bitcoin’s, regulatory uncertainty in the U.S., and growing competition from decentralized exchanges (DEXs) globally. Although Coinbase maintains a dominant position in the U.S. due to its regulatory compliance and trust, analysts expect continued pressure on brokerage fundamentals through 2026. Earnings are projected to underperform consensus estimates by 14% in 2026, with potential downside in a prolonged crypto downturn. While regulatory clarity may eventually benefit Coinbase, its effects are likely too slow to offset near-term financial weakness. Analysts advise waiting for a better entry point, as current risk-adjusted returns appear unfavorable.

marsbit02/14 06:06

Q4 Net Loss of $667 Million, Yet Stock Soars 16%, Don't Buy Coinbase Now

marsbit02/14 06:06

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