Everything web3, crypto, defi, degen
In brief Coinbase disclosed $1.9 billion in Q3 revenue. The exchange notched $433 million in Q3 profit Transaction revenue rose on a sequential basis, Coinbase said. Coinbase reported $1.9 billion in third-quarter revenue on Thursday, a 26% increase quarter-over-quarter that slightly surpassed Wall Street forecasts.Analysts expected the San Francisco-based crypto exchange to disclose $1.8 billion…
In brief Western Union said on Wednesday that the publicly announced new coin would be called USDPT. The WUUSD trademark application is being reviewed by the U.S. Patent and Trademark Office. The payments giant has said it plans to introduce a “digital asset network.” Western Union has applied to trademark the name “WUUSD” shortly after…
In brief Bitcoin dropped Thursday, bringing Ethereum, Solana, and other major coins and tokens with it. The sell-off comes as traders digest news that the Federal Reserve may not cut interest rates further this year, and that President Trump’s meeting with Chinese leader Xi Jinping may not have been that fruitful. Bitcoin touched an all-time…
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 fall 2-3% after Powell says rate cut not certain in December MetaMask parent Consensys files for IPO Mastercard to acquire…
In brief President Trump’s official meme coin has jumped 46% over the last week, rebounding after a steep drop earlier this month. Jasper De Maere, desk strategist at Wintermute, told Decrypt the rise may be the result of a “relief rally” as trade war tensions ease. Trump Media this week announced it’ll create a prediction…
In brief The Federal Reserve is almost certain to cut interest rates Wednesday, with traders predicting a 97.8% chance of a 25-basis point cut, though the impact on crypto markets remains uncertain. Analysts say ending quantitative tightening could create a “tailwind” for Bitcoin by signaling higher inflation tolerance, with Bank of America and JP Morgan…
In brief Trump Media and Technology Group, in which President Donald Trump is a majority stakeholder, is working with Crypto.com to debut a prediction market. Truth Predict, users will allow users to put money on sports games, elections, and other events. A Nevada judge this month denied Crypto.com’s injunction request to block state gaming regulations…
In brief DraftKings acquired prediction market platform Railbird but will focus on states without legal sports betting to avoid jeopardizing its existing gambling licenses. Bitcoin mining rig maker Canaan received a $4 price target from Benchmark analysts after a dramatic turnaround from near-delisting at $1, with shares up 18% for the week. Payments processor Zelle…
In brief Bitcoin stabilized above $105,000 over the weekend, triggering a push toward $109,400. Experts say Bitcoin could be forming a local bottom amid softening U.S.-China trade tensions, but remain cautious. The end of quantitative tightening and potential rate cuts create a bullish setup for Bitcoin heading into 2026. Bitcoin is showing signs of stabilization…
In brief A Coinbase exec’s tweet has reignited interest in a long-dormant Binance charity fund this week. The $200,000 donation made in 2018 is now worth around $36 million. The money has been frozen amid years of legal and bureaucratic wrangling. Coinbase executive Conor Grogan has called for an old fund for Maltese cancer patients…
