Everything web3, crypto, defi, degen
In brief Two dormant Bitcoin whales have moved upwards of 2,000 BTC in the past three days. Despite whales’ selling activity, institutional demand remains strong, with ETF-driven accumulation spree exceeding new supply. Experts suggest watching out for the Fed Chair’s tone in today’s rate cut meeting at 2pm ET. Bitcoin whales inactive for more than a…
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 mostly flat into FOMC, Bitcoin leads +1% to $116,300 Binance in talks with US DOJ to end its compliance monitor…
In brief Layer 1 tokens take the lead as investors prepare for the highly anticipated FOMC meeting. Analyst attributes XRP, BNB, and Hyperliquid’s out-of-pocket performance to coin-specific development. With altcoin open interest briefly surging above Bitcoin’s, investor appetite continues to remain elevated. With the Fed’s crucial interest rate decision in less than 12 hours, a…
In brief Bitwise, Defiance, Tuttle, and T-Rex filed five new crypto ETFs, from Avalanche and Sui to memecoin Bonk and leveraged Orbs. Analysts say AVAX and tokenization funds have the strongest approval odds, while memecoin and basis-trade ETFs face “more scrutiny.” The filings add to a queue of over 90 crypto ETF applications infront of…
In brief Bitcoin ETPs saw a net inflow of 20,685 BTC last week, driven mostly by U.S. ETFs. The recent uptick in investor risk appetite is driven by rate cut expectations and new crypto IPOs. Despite institutional demand outpacing new Bitcoin supply, realized and implied volatility remain historically low. Bitcoin exchange-traded products globally logged net…
In brief CleanCore’s Dogecoin treasury added another 100 million DOGE. The firm now holds more than 600 million DOGE, valued at greater than $161 million. Shares in ZONE jumped as high as 7% at one point on Tuesday before falling into the red. Shares in publicly traded cleaning and disinfection company CleanCore (ZONE) jumped as…
In brief Bitwise has filed to debut an ETF giving investors exposure to AVAX, the 19th-biggest digital coin by market cap. The S-1 filing comes as Dogecoin and XRP ETFs are expected to hit the market this week. Asset managers are hoping to get the green light for a number of altcoin ETFs. Crypto asset…
In brief XRP and DOGE ETFs are expected to debut this week. The exchange traded funds come from Rex-Osprey and are filed using the Investment Company Act of 1940. Other XRP and DOGE ETFs are seen as “near locks” for approval later this year. Traditional investors in the United States will be able to gain…
PUMP OVERTAKES HYPERLIQUID, GALAXY DIGITAL BUYS $300M SOL, FOMC THIS WEEKCrypto reverses weekend strength, FOMC this week. BTC ETF inflows hit $2.3b last week. Gemini stock soars on IPO. Atkins scraps SEC’s crypto enforcement agenda. Tether launches USA₮ stablecoin, Bo Hines as CEO. Monero rallies despite being hit by 18 block reorg. Allied Gaming establishes…
In brief U.S. spot Bitcoin ETFs pulled in around $2.3 billion from September 8 to 12. BlackRock’s IBIT and Fidelity’s FBTC captured the bulk of flows, with other issuers posting smaller gains. Observers said the surge reflects structural demand from institutions, with inflows expected to scale further. U.S. spot Bitcoin exchange-traded funds pulled in roughly…
