Everything web3, crypto, defi, degen
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 slightly after weekend rally; BTC -1% at $114,500 SOL holds $200 ahead of Bitwise BSOL ETF launch today (with…
In brief In a report Monday, the Bank of Korea challenged the notion that technology alone can ensure currency stability. The central bank cited depegging risks, noting that major stablecoins like USDC fell to $0.88 during Silicon Valley Bank’s 2023 collapse. Meanwhile, South Korean companies are advancing won-pegged stablecoin pilots, including BDACS’s successful KRW1 test…
In brief Four altcoin-tracking ETFs are set to begin trading in the U.S. this week. Canary Capital’s Litecoin and Hedera funds will be listed, alongside Bitwise and Grayscale Solana funds. The debuts follow successful Bitcoin and Ethereum spot ETF rollouts in 2024. Four exchange-traded funds tracking separately Solana (SOL), Litecoin (LTC), and Hedera (HBAR) will…
In brief American Bitcoin has acquired 1,414 Bitcoin, the company said Monday. Bitcoin was trading above $115,500, its highest level in two weeks. More than 200 companies have built Bitcoin treasuries. American Bitcoin (ABTC), the publicly traded Bitcoin treasury and mining company backed by Eric Trump and Donald Trump Jr., has added 1,414 Bitcoin currently…
In brief Strategy purchased $43 million worth of Bitcoin. The purchase was funded through a combination of preferred shares. Citi analysts last week said Strategy shares could hit $485. Strategy spent $43 million on 390 Bitcoin last week, the company said in a press release on Monday, its largest purchase of the asset in nearly…
In brief Bitcoin has recovered to near $115,000 following initial panic over Trump’s threatened 100% tariffs on China. Standard Chartered’s Geoff Kendrick notes that $2 billion exited gold ETFs last week, and suggests Bitcoin ETFs need to capture about half of that amount to confirm improving market sentiment. Despite recent gains, gold continues to significantly…
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 surge 3-5% on trade deal hopes; BTC at $115,500 Rumble partners with Tether to accept crypto tips for creators Pump…
In brief Defunct crypto exchange Mt. Gox has pushed its repayment deadline back to October 31, 2026, per a court notice. Around 19,500 creditors have been repaid so far, while many remain pending. Early repayment news sparked selloffs, but later delays drew little reaction, showing greater market resilience. Mt. Gox’s court-appointed rehabilitation trustee has postponed…
In brief The company has acquired 93 BTC as part of its daily accumulation program. It aims to build a 10,000-Bitcoin treasury using $40 million in fresh funding and a rebrand. Bitcoin has been rising steadily over the past week, buoyed by softer U.S. inflation data and ETF inflows. South Korea’s publicly listed Bitplanet has…
In brief SpaceX moved more than 1,200 BTC—or $133 million in funds—on Friday. The transfers follow similarly sized moves from earlier this week. Details on the firm’s plans are not yet known. Elon Musk’s space exploration company, SpaceX, moved more than $133 million in Bitcoin on Friday, according to blockchain analytics firm Arkham Intelligence. The firm…
