Everything web3, crypto, defi, degen
ETH NEARS ATH, SOL BREAKS $200, PUMP BACK TO ICO PRICEETH & SOL soar, BTC dominance below 60%. ETH ETFs see $2.3b of inflows in 6 days. SOL breaks $200, DeFi TVL at three year highs. BitMine upsizes offering to buy ETH to $25bn. Crypto sentiment jumps to ‘Greed’ in a week. Institutions now hold…
In brief Standard Chartered has massively raised its Ethereum forecast to $7,500 by 2025, $12,000 in 2026, $18,000 in 2027, and $25,000 in 2028 and 2029, up from just $4,000 for 2025 in March. The bank points to heavy institutional buying, the GENIUS Act’s boost for stablecoins, etc, as key growth drivers. ETH is trading…
In brief Binance chief security officer, Jimmy Su, told Decrypt that North Korean attackers are the single biggest threat to crypto companies. He said that the centralized exchange throws away suspicious resumes every single day, and sometimes catches the malicious actor red handed during a video call. That’s not all, North Korean attackers also poison…
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 soar led by ETH and SOL; Bitcoin breaks $120,000 Tom Lee files to raise $20B ATM for more ETH; ETH…
In brief Andreessen Horowitz and the DeFi Education Fund have requested the SEC create a safe harbor to shield dapp developers from being labeled broker-dealers. The recommendations would enable certain centralized entities retaining control over a crypto app to gain safe harbor if they have demonstrated “good faith to decentralize.” The proposal follows SEC chair…
In brief Solana meme coins as an asset class have dropped more than 8% on the day. Expert say that investors are looking to purchase “quality-focused” assets, such as Ethereum and other altcoins. ETH has posted impressive gains this month, up 47.5%, as institutional interest in the asset spikes. Solana meme coins are one of…
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 mixed ahead of CPI; ETH leads +2% to $4,280 ETH ETFs post first $1B day; Tom Lee acquires 1.2M ETH…
In brief Kaia registered four KRW-related trademarks earlier this month; Kakao and Kakao Pay sit on its governance council. Competing bills and an administration framework would set rules on licensing, reserves, equity requirements, interest treatment, and banks’ roles. Foreign exchange controls and planned reporting for cross-border crypto flows could limit early use cases, relative to…
Alleged crypto crook Do Kwon—who was behind the failed crypto project Terra—is now expected to plead guilty, court documents show.A scheduling order for a potential change of plea in the United States’ case against Kwon was filed Monday ahead of the conference on Tuesday, August 12.Kwon previously pleaded not guilty in a New York court to…
In brief Financial infrastructure firm ALT5 Sigma Corporation plans to sell 100 million of its shares to raise funds for a WLFI treasury. The shares will be priced at $7.50 each, and the sale is expected to close on August 12. The planned sale comes shortly after World Liberty Financial community members voted to make…
