Everything web3, crypto, defi, degen
In brief Bitcoin hit a new all-time high last week, before plunging following President Trump’s tariff announcements. It has recovered slightly, while gold has already jumped to a new high this week. Bitcoin and gold will continue to be bought by traders to hedge against currency debasement, experts told Decrypt. Bitcoin had been on a…
In brief BlackRock CEO Larry Fink said the firm is working on its own tokenization tech. Everything from ETFs to real estate could be tokenized, he said. Tokenized ETFs could help people prepare for retirement, he added. The world’s largest asset manager is developing its own technology related to digital representations of traditional assets, BlackRock…
In brief Tron Inc. stock has fallen 85% since June, part of a broader downturn for crypto-linked public companies. MSTR, BMNR, and the majority of publicly listed treasury companies are down double digits from their three-month peaks. This sell-off is a digital asset treasury trend, not a problem unique to any single firm, experts told…
In brief ChatGPT’s “instant checkout” with Shopify and Etsy draws scrutiny for turning AI into a retail gatekeeper. OpenAI’s new Sora app showcases endless AI-made videos, prompting criticism of “infinite slop” feeds. Data centers driving energy prices up 267% stoke unease over AI’s economic and environmental toll. OpenAI is facing mounting criticism after unveiling two…
In brief Hyperliquid surges 9.26% to $44.11 as the only top 10 crypto in green while the rest of the market tanks 1.8%. BNB drops 0.14% to $947.55, as the worst performer in top 10 after the Aster-driven spike fades. The Crypto Fear and Greed Index marks the most bearish reading since April. Here’s what…
In brief Bitcoin rebounds slightly to $109,300 after dipping below $109,000 late last night. It’s down 1.5% in 24 hours amid August inflation data showing 2.9% year-over-year increase in core inflation. Over $970 million in crypto futures contracts liquidated in past day, with $852 million being long positions betting on price increases. Some 69% of…
In brief The outreach was based on a review of 200+ firms with crypto-treasury plans, but only some were reportedly flagged. Regulators are reportedly examining whether leaks or trading on material non-public information may have occurred. Observers have warned that poorly timed treasury strategies may appear gimmicky and expose firms to instability. The Securities and…
In brief The crypto market is now deep in the red for September, shedding close to 5% in total value in 24 hours. Bitcoin is holding onto a slim 1% gain for the month, staying in the green for now. Technical indicators suggest market exhaustion, but prediction markets remain somewhat optimistic. Brace yourselves, the Red…
In brief Solana is underperforming major cryptocurrencies due to higher leverage exposure, facing $31.6 million in liquidations over 24 hours as investors deleverage and take profits. Recent corporate treasury moves by Forward Industries and DeFi Development Corp were already priced in, one analyst said, triggering a “buy the rumor, sell the news” sell-off once announced.…
In brief Bitcoin ETPs saw a net inflow of 20,685 BTC last week, driven mostly by U.S. ETFs. The recent uptick in investor risk appetite is driven by rate cut expectations and new crypto IPOs. Despite institutional demand outpacing new Bitcoin supply, realized and implied volatility remain historically low. Bitcoin exchange-traded products globally logged net…
