Everything web3, crypto, defi, degen
In brief The Federal Reserve is almost certain to cut interest rates Wednesday, with traders predicting a 97.8% chance of a 25-basis point cut, though the impact on crypto markets remains uncertain. Analysts say ending quantitative tightening could create a “tailwind” for Bitcoin by signaling higher inflation tolerance, with Bank of America and JP Morgan…
In brief Solana meme coin Chill House surged to a new high after its X account insulted Vitalik Buterin and other crypto founders. The chaos helped pump the token, which briefly hit a new peak above a $30 million market cap. While the daily gains have cooled, Chill House is still up more than 500%…
Western Union will release a stablecoin via the Solana blockchain in 2026, the company said Tuesday.The international payments firm said in a joint announcement with the Solana Foundation that the new digital token will be called USDPT and issued by Anchorage Digital Bank.”Western Union will provide users with access to digital assets, and we look…
In brief Approximately 1,000 Bitcoin mining machines stolen in Grant County, Indiana were recovered in the Chicago area. Authorities also thwarted a $75,000 frozen turkey theft during the same investigation. It comes as crypto mining continues to expand in the Midwest. Police in Indiana have recovered 1,000 Bitcoin mining machines stolen from a hijacked shipment…
In brief BlackRock CEO Larry Fink described crypto and gold as “assets of fear” at the Future Investment Initiative in Riyadh, citing investor concerns over currency debasement and financial security. IMF forecasts show the U.S. debt-to-GDP ratio will reach 143.4% by 2030, exceeding Italy and Greece for the first time this century, with deficits above…
In brief Securitize is eyeing a Nasdaq debut through an SPAC deal. The proposed merger would value Securitize at $1.25 billion. The firm is behind BlackRock’s $2.8 billion BUIDL fund. Securitize plans to go public by combining with Cantor Equity Partners II, in an SPAC deal valuing the BlackRock-backed tokenization firm at $1.25 billion, according…
In brief A “runaway bot” drove Hyperliquid’s HYPE token to $98 on Lighter DEX, highlighting thin liquidity risks on DEXs. One trader claimed to have profited to the tune of $600,000 during the anomaly. The DEX erased the price wick from its front end, sparking a debate around data transparency. A “runaway bot” triggered a…
In brief Trump Media and Technology Group, in which President Donald Trump is a majority stakeholder, is working with Crypto.com to debut a prediction market. Truth Predict, users will allow users to put money on sports games, elections, and other events. A Nevada judge this month denied Crypto.com’s injunction request to block state gaming regulations…
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 Coinbase offers Bitcoin-backed loans as a technology provider. The exchange’s competitors have state-by-state licenses. Coinbase applied for a national trust charter this month. As Coinbase leans into its Bitcoin-backed lending product, the exchange is offering customers competitive rates by connecting them with lightly vetted pools of capital, which don’t require people to provide…
