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 are slightly green after volatile day; BTC at $115,600 Tom Lee buys $1.7B in ETH in the past week, becomes…
In brief The SEC will decide on the Truth Social Bitcoin and Ethereum ETF on October 8, likely after a rules change request from two exchanges that could shorten approval processes. The agency delayed decisions on XRP funds from Grayscale, Bitwise, CoinShares, Canary Capital, and 21Shares. It also pushed back deadlines on separate Dogecoin and…
In brief Qubic attempted a 51% attack on Monero last week, and still aims to change how the network’s consensus mechanism works. After a community Discord vote, Qubic will now prepare to see if its unique design works for Dogecoin. The AI protocol currently has no plans to attack Dogecoin; it just wants to “mine…
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 dip 3-6% overnight; BTC holds at $115,000 Gemini files to go public with ticker GEMI, timing TBD BTCS becomes first…
In brief Hyperliquid (HYPE) and SUI led losses among major altcoins as Bitcoin’s correction from $118,000 to $115,000 triggered widespread liquidations. The selloff comes ahead of Thursday’s Jackson Hole Economic Symposium, with analysts noting funding rates had been “warning of trouble” and higher-than-expected PPI data forcing markets to scale back September rate-cut expectations. Analysts called…
For many years, the idea that publicly traded corporations might buy Bitcoin for their reserves was considered laughable. The top cryptocurrency was considered too volatile, too fringe to be embraced by any serious business.That taboo has been well and truly broken, with a number of major institutional investors buying up Bitcoin in recent years.The floodgates…
In brief $941 million worth of positions have been liquidated across the crypto market, most of which were longs. It comes as Thursday’s PPI report shocked the market, prompting major tokens including Dogecoin, Solana, and Cardano to retreat from recent highs. Experts say this is nothing out of the ordinary, as Ethereum and Bitcoin continued…
In brief Bitcoin and Ethereum are close to breaking new records. As the two flagship digital coins rise, altcoins like Solana and Dogecoin have posted larger daily gains. Ethereum is now up 29% on the week, outpacing all other major coins. Dogecoin and Solana were soaring Wednesday just as Bitcoin edged towards a new all-time…
In brief Solana and Chainlink jumped over 12% as July CPI came in below forecasts, reinforcing bets on a September Fed cut. Institutional flows, not retail speculation, are driving this cycle, according to Presto analyst Min Jung. Analysts have warned rising leverage has increased systemic risk, making altcoins more vulnerable to sharp reversals. Solana and…
In brief Qubic said that it had momentarily achieved control of 51% of the hash rate of privacy blockchain Monero. The firm said the event was an “experiment” and a way to “help” the network. However, a few experts said there had been no independent verification of the attack. AI protocol Qubic said it had…
