Everything web3, crypto, defi, degen
In brief Coinbase acquired Echo, an onchain fundraising platform founded by crypto figure Cobie, for approximately $375 million. The acquisition brings Echo’s private investment tools and public token sale product Sonar into Coinbase’s ecosystem, having facilitated over $200 million across roughly 300 deals since launch. The deal complements Coinbase’s July purchase of token management platform…
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…
In brief Governments are balancing modernization against monetary control, testing how far private stablecoin infrastructure can integrate into national systems. The region is moving from policymaking to real-world rollouts, with Japan’s banks leading institutional pilots and Singapore setting a regulatory benchmark. Competing models are emerging: bank-issued domestic coins, open but regulated innovation hubs, and conservative…
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 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 Elon Musk jokingly posted on X that his Shiba Inu dog Floki is returning as the CEO of X, formerly Twitter. It prompted a 27% price increase for Ethereum meme coin Floki, which was recently at a $829 million market cap. Traders are hoping that Musk will continue to post about Floki, as…
In brief Traders on Polymarket are anticipating a potential token launch, and some users are looking to farm it. Last year, airdrop farming was visibly rampant, with many users engaging in obvious wash trading methods. Now, however, the wash trading has gotten more sophisticated while other farmers are just optimizing their use of the prediction…
In brief Bitcoin’s energy consumption remains large, at an estimated 138TWh as of 2025. Recent academic research explores the broader environmental cost of Bitcoin mining, adding in carbon dioxide, water, e-waste, and land impacts. Policy pressure is rising as governments focus on what kind of power Bitcoin mining uses, where it is sited, and what…
In brief OpenSea will launch SEA in Q1 2026 after unveiling token plans this February. The marketplace has set aside 50% of the total supply for users, both new and old. Trading volume on the platform has jumped to more than $2.6 billion this month, mostly from fungible tokens—not NFTs. OpenSea’s highly anticipated SEA token…
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 very red as Bitcoin hits 4-month low at $105,700 ETFs see biggest outflows since August with $530.9M Charles Schwab plans…
