Everything web3, crypto, defi, degen
In brief Australian crypto traders are diversifying their portfolios beyond Bitcoin, anonymized Kraken wallet data reveals. Ethereum makes up 33% of Australian wallets, nearly double the global average of 19%, while Solana and meme coins appear more often in Australian portfolios. Kraken’s Jonathon Miller says Australia’s “speculative streak” reflects culture as much as strategy. Australians…
Bitcoin and the broader financial markets are bracing for the first inflation data release after the U.S. government shut down on October 1, with analysts pricing in a measured market reaction. The Consumer Price Index reading, scheduled for release on Friday, will play a pivotal role in shaping the Federal Reserve’s interest rate decision next week.The…
In brief Solana Company (HSDT) opened resale for investors following a $500 million raise led by Pantera Capital and Summer Capital Shares fell more than 20% Monday after the resale registration took effect, expanding the tradable float. Leadership says proceeding now, rather than waiting for calmer markets, demonstrates conviction and transparency in its Solana-based treasury…
In brief Solana founder Anatoly Yakovenko uploaded the code for a perpetual futures exchange to Github, but he says he isn’t developing the platform. Yakovenko invited other devs to steal his idea and wants to see more competition in the perpetual futures exchange sector. Despite the Solana founder pushing back, crypto degens still speculated on…
In brief Bitcoin odds on the prediction market Myriad have flipped from 75% bearish (expecting $100K) to 52% bullish (expecting $120K) in just three days. Technical indicators show mixed signals on varying timeframes. October—historically Bitcoin’s strongest month—is shaping up to be the worst since 2020. Bitcoin is taking prediction market traders on a wild ride.Just…
In brief AI models Grok, DeepSeek, and Claude are up big in a live, real-money crypto trading showdown. Google’s Gemini 2.5 Pro is the biggest loser of the bunch, underscoring reliability and transparency risks. The results deepen the divide between data-specialized and general-purpose AI approaches to finance. In early innings, Elon Musk’s Grok, DeepSeek, and…
In brief Canaan closed up about 28% on Monday afternoon. Bitcoin miner CleanSpark became the latest firm to move into the world of AI data centers. CleanSpark’s stock rose 4.5% on the news that it was moving resources from minting Bitcoins to high-performance computing. Bitcoin mining company stocks rocketed up Monday as Bitcoin and other…
In brief Four Polymarket users have collectively wagered $62,000 that Satoshi Nakamoto will move some Bitcoin this year. Odds on the prediction market spiked to 15% last week, up from just 2% at the start of the month. Traders are speculating that the bettors may be insiders, or are predicting that the resolution source is…
In brief Crypto prices plunged last week. Bitcoin miner BitMine Immersion saw this as a buying opportunity and bought over 200,000 ETH. The NYSE-listed firm now holds over $13 billion in crypto. Ethereum treasury BitMine Immersion bought the dip, snapping up 203,826 ETH last week to bring its current holdings to over 3.2 million digital…
In brief Bitcoin funds experienced $946 million in outflows last week following the October 10 market crash triggered by President Trump’s tariff threats, with losses concentrated in U.S.-listed products. While U.S. investors pulled money out, European and Canadian investors bought the dip, with Germany, Switzerland, and Canada recording net inflows during the downturn. Altcoins saw…
