Everything web3, crypto, defi, degen
In brief The American Federation of Labor and Congress of Industrial Organizations warned Monday the Responsible Financial Innovation Act provides only “the facade of regulation” while weakening worker protections and consumer safeguards. The labor federation’s letter comes as Senate Republicans push for a floor vote in November. Union officials criticized provisions letting FDIC-insured banks directly…
In brief SEC Chair Paul Atkins says a formal “innovation exemption” could be finalized by year-end. The proposal follows years of regulatory uncertainty that pushed crypto development overseas. Industry leaders say a structured framework could bring compliant innovation back to U.S. markets. The U.S. Securities and Exchange Commission is preparing to codify an “innovation exemption”…
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 Robinhood stock surges nearly 47% in a month, approaching $150 as it explores expanding prediction markets to the U.K. Walmart’s OnePay payment app adds Bitcoin and Ethereum trading for its 3+ million monthly users. CME Group plans 24/7 trading for crypto futures and options starting early 2026 in response to record volumes. Public…
In brief XRP surged above $3 today after weeks of sideways actions and bearish sentiment. Prediction market users on Myriad say there’s a 55% chance XRP hits $4 before dumping back to $2. The charts suggest caution. Here’s why. After weeks of sideways chop, XRP—the cryptocurrency created by the founders of Ripple—is making another run…
In brief CME Group plans to offer round-the-clock trading next year. The setup will still include some downtime, with holiday considerations. CME crypto contracts have reached record volumes this year. The world’s largest derivatives marketplace plans to offer customers round-the-clock trading for its cryptocurrency products next year, CME Group said on Thursday.In a blog post,…
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…
BTC ALMOST $120K, CRYPTO IS GREEN, PNKSTR JUMPS 50% TO $140MCrypto majors see more green; Bitcoin at $118,800. ZCash continues to lead, soaring 50% to $140. US government shutdown pauses ETF approvals. Lighter leaves private beta, opens Perps platform to public. Polymarket eyes US return as soon as today. PNKSTR jumps 50% to $140M as…
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.🟣 Polymarket’s U.S. Return: “Green Light” Becomes Go-TimeAfter four years on the sidelines, the world’s biggest prediction market is set to reopen to U.S. users.Potentially as…
