Toby Cunningham
Co-FounderToby Cunningham co-founded Learning Crypto and co-hosts the CryptoTips channel. After years trading through the market's cycles, he is known for chart-driven calls, a healthy distrust of hype, and a no-nonsense read on markets and macro.
19 guides by Toby.
What Is DeFi? A Complete Guide to Decentralised Finance
DeFi is financial services run by smart contracts on a public blockchain instead of by a company. You keep custody of your assets and need no approval to use it, which also means no deposit insurance, no reversals and no support desk. The most common way users lose money is approving a malicious contract.
Toby CunninghamStablecoinsStablecoinsWhat Is a Stablecoin? How They Work and the Risks
A stablecoin is a crypto token designed to hold a steady value, almost always one dollar. It stays stable because reserves back it or collateral is locked in a contract, not because of anything inherent to the token. Holding one means holding a claim on an issuer, with no deposit insurance and, for most retail holders, no direct redemption.
Toby CunninghamBitcoinBitcoinWhat Is Bitcoin? A Complete Guide for Beginners
Bitcoin is digital money that no company, bank or government runs. A network of independent computers keeps a shared record of every transaction, ownership is proved by a private key rather than an account, and the supply is capped at 21 million coins so no one can create more. It has run continuously since January 2009.
Toby CunninghamRegulation & TaxRegulation & TaxCrypto Record Keeping: What to Track for Tax
Record seven things for every crypto transaction: date and time, type, asset and quantity, the fiat value at the time, fees, the venue, and the transaction ID. The fiat value is the field people skip and the hardest to reconstruct later. Export from every exchange quarterly and keep the raw files.
Toby CunninghamStablecoinsStablecoinsStablecoin Depegs: Why Pegs Break and What to Do
A stablecoin holds its peg through redemption plus arbitrage, so a depeg means that loop is blocked or doubted. Liquidity depegs usually recover within hours, collateral depegs depend on whether the assets are reachable, and design failures like Terra in 2022 rarely recover at all.
Toby CunninghamFundamentalsFundamentalsThe Weekly Alpha: The Collision of Geopolitics and Market Structure
The first full trading week of 2026 has concluded, leaving behind a complex tapestry of data that points to a market in the throes of a significant structural transition.
Toby CunninghamFundamentalsFundamentals