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 green after BTC and Gold make new ATH; BTC at $124,500 BNB hits new ATH at $1,300 and flips XRP…
In brief Union Minister Piyush Goyal announced India will introduce an RBI-guaranteed digital currency at a government event in Doha on Monday. The minister confirmed India has not banned unbacked cryptos but continues to tax them heavily to discourage use. Experts say India’s stance could favor regulated, asset-backed tokens but risk slowing private crypto innovation…
In brief Standard Chartered analysts predict stablecoins could draw $1 trillion in deposits from banks in emerging markets over the next three years. That represents 2% of aggregate deposits in high-vulnerability countries including Egypt, Pakistan, Bangladesh, Sri Lanka, Turkey, India, and Kenya. Depositors in these emerging markets are expected to adopt stablecoins even without yield…
The first week of October delivered a strong performance for the crypto market, with Bitcoin setting record highs and the layer-1 sector leading the charge among altcoins.The category, which includes assets like Solana, Avalanche, BNB, Sui, and Aptos, posted a 12.54% gain from September 29th to October 5th, according to Velo data. The layer-2 sector…
In brief Bitcoin’s dominance hit 59% as its price surged to a new all-time high above $125,500. Experts say a true altcoin season is delayed, not cancelled, awaiting a BTC consolidation. A drop in Bitcoin dominance below 55% could trigger the next rotation into altcoins. Bitcoin cemented its dominance over the crypto market this weekend,…
In brief Donald Trump is back in the White House as the 47th U.S. President, after running on a pro-crypto platform. But Trump hasn’t always taken this stance: He used to call Bitcoin a “scam” and said he wasn’t a fan. Trump has since launched his own Solana meme coin, multiple NFT collections, and a…
In brief Steakhouse, a curator on Morpho, is sharing performance fees with Coinbase. The fees are derived from user repayments toward Bitcoin-backed loans. People are tapping the product to pay for cars and home improvements. Coinbase’s newest lending product is generating profits for the crypto exchange in several ways, but not all are reflected clearly…
In brief DeFi ecosystem 1inch has rebranded with a new 1inch.com domain, reflecting its commitment to user experience and decentralized finance’s growing importance for institutions. Co-founder Sergej Kunz argued that DeFi will become “indistinguishable” from traditional finance. 1inch has teamed up with Coinbase to integrate its Swap API into the crypto exchange’s app. DeFi ecosystem…
In brief Tron founder Justin Sun unveiled a Hyperliquid competitor Among other features, it will feature “dark pools.” The exchange is named after a mythological character. As Hyperliquid and Aster jockey for DeFi supremacy, Tron founder Justin Sun unveiled his own decentralized perpetual contracts exchange on Wednesday called SunPerp.The platform is designed to subsidize users’…
On Monday, Kraken Co-CEO Arjun Sethi joined leaders from ICE, CME, Nasdaq, Cboe, Kalshi, DRW and Polymarket at the SEC–CFTC Roundtable on platforms and market structure. Moderated by former CFTC Commissioner Jill Sommers and SEC Division of Trading and Markets Director Jamie Selway, the panel brought together some of the most influential voices in global…
