Everything web3, crypto, defi, degen
In brief JPMorgan is reportedly exploring crypto-backed loans secured by Bitcoin and Ethereum. The move follows growing institutional interest and regulatory clarity, including the recent passage of the GENIUS Act. Experts say Basel III rules remain a hurdle, but JPMorgan’s plans may signal progress toward treating crypto as acceptable collateral in TradFi. JPMorgan Chase is…
In brief Coinbase has launched CFTC-regulated perpetual futures for U.S. traders, offering up to 10x leverage. The move follows last week’s signing of the GENIUS Act, a landmark crypto law by President Trump. The launch fills a long-standing gap in U.S. crypto markets, Decrypt was told. Coinbase launched CFTC-regulated perpetual futures for U.S. customers Monday,…
In brief Legal precedents block Trump from legally firing Powell except for misconduct, not policy disagreements. Trump allies are escalating pressure on Powell, including a criminal referral and threats of early succession. Rate cut speculation may boost crypto in the short term, but long-term instability could pressure risk assets, Decrypt was told. A public clash…
In brief Software firm Strategy has a new financial product called Stretch (STRC). STRC will be different in structure than previous STRK, STRF, and STRD offerings, the firm says. Strategy—formerly MicroStrategy—is doing everything it can to raise money to buy more Bitcoin. Bitcoin treasury firm Strategy has announced yet another new stock product to help…
In brief Dogecoin, the eighth biggest cryptocurrency by market value, has gained more over the past week than any of the other top 20 coins and tokens. Grayscale analyst Zach Pandle attributes the gains to investors’ renewed appetite for risk. Investors are now looking at altcoins following major July gains from Bitcoin and Ethereum, experts…
In brief Ethereum, Dogecoin, and XRP prices are pumping, with technical indicators mostly flashing bullish for each coin. The surge in altcoins has led to the crypto market surging above a record-breaking $4 trillion. Where do altcoins go from here? Here’s what the charts say. For crypto traders, it’s been a good week to be…
In brief The price of ETH hit a new 2025 high on Monday, now up 26% over the last week. The surge comes as companies adopt Ethereum treasuries and investors throw cash at ETH ETFs in the United States. ETH, the second-largest cryptocurrency, still has to climb by over 20% to set a new all-time…
In brief Bitcoin mining infrastructure firm Bit Origin acquired around $10 million in Dogecoin (DOGE). The firm announced a raise of up to $500 million last week to fund its meme coin treasury. Bit Origin shares are up 386% from their July starting point. Publicly traded Bitcoin mining infrastructure firm Bit Origin purchased around $10…
In brief UK Chancellor Rachel Reeves is reportedly exploring the sale of the government’s holdings of confiscated Bitcoin, worth $7.2 billion (£5.33 billion). Trade association CryptoUK has urged the government to reconsider, saying that such plans would “run contrary” to efforts to foster growth in the UK’s crypto sector. A growing number of countries around…
In brief Barstool Sports founder Dave Portnoy said he sold his XRP holdings before the recent price surge. The outspoken trader blamed an unnamed analyst who suggested XRP faced some kind of threat from the rise of Circle. XRP hit a new all-time high price last week, breaking a seven-year-old record. It remains close to…
