Everything web3, crypto, defi, degen
In brief Nvidia beat Q2 estimates with $46.7B in revenue and $1.05 adjusted EPS, driven by strong Blackwell chip sales. Shares fell 3.4% after the company disclosed zero H20 chip sales to China due to tightened U.S. export controls. The muted reaction also reflects investor concerns over geopolitical risk and slowing sequential growth in data…
In brief Crypto gaming has experienced a growing trend of games and studios shutting down. Game creators are struggling to find funding to complete development, among other commonly cited issues. Once-promising blockchain games like Deadrop, Nyan Heroes, Ember Sword, and Pirate Nation top the list. While crypto gaming has long been seen as a key…
In brief Standard Chartered projects ETH could reach $7,500 by end of year and $25,000 by 2028 based on current adoption trends ETH ETFs have accumulated over $8B since July with major corporate buyers like BitMine and SharpLink stacking aggressively Ethereum’s yield advantages through staking and DeFi utility make it potentially stronger than Bitcoin as…
Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. Subscribe to the Morning Minute on SubstackGM!Today’s top news: Crypto majors red but moving higher after Trump moved to fire Fed Governor Lisa Cook ETH ETFs see $444M in net inflows,…
In brief Nasdaq-listed Sharps Technology is raising $400 million to buy Solana. The medical device company is the latest to adopt a Solana treasury strategy. A number of publicly traded firms are putting cryptocurrency on their balance sheets. Nasdaq-listed medical device company Sharps Technology’s stock boomed on Monday after the firm said it would pivot…
Solana’s first smartphone, 2023’s Saga, was a big swing for Solana Labs—and initially a miss with consumers, at least until a massive price cut and crypto airdrop incentives drove sudden, sellout demand months after release.Now, the 2.0 model has arrived. The new Seeker serves as an attempt by Solana to deliver a more palatable crypto…
In brief Ethereum hit a new all-time high price, breaking a record set back in 2021. The second-biggest cryptocurrency had lagged behind Bitcoin in gains, and long lingered well short of its previous peak. Institutional adoption and a favorable regulatory landscape have helped the coin in recent months. Ethereum hit a new all-time high price…
In brief Bitcoin ETFs are experiencing a significant sell-off, with over $1.1 billion in outflows over the past five days as investors de-risk ahead of the Jackson Hole symposium. Ethereum ETF flows have bucked the bearish trend, with a strong inflow on August 21. Crypto market remains highly volatile with significant liquidations and key price…
Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. Subscribe to the Morning Minute on Substack.GM!Today’s top news: Crypto majors mostly red heading into Jackson Hole; BTC -1% at $112,300 MetaMask introduces new stablecoin mUSD, to launch on ETH +…
In brief London-listed web design and marketing firm The Smarter Web Company has appointed Jesse Myers to steer its Bitcoin strategy. Myers, author of the “Once-in-a-Species” newsletter, created a valuation model that inspired the Bitcoin 24 framework that Michael Saylor employed at Strategy. Smarter Web plans to hold reserves in both cash and Bitcoin, in…
