Everything web3, crypto, defi, degen
TOM LEE BUYS $1.7B ETH IN PAST WEEK, $LIGHT JUMPS 50% TO NEW ATH, CRYPTO MAJORS IN THE GREENCrypto weak, ETH ETF sees 2nd largest outflow ever. DAT stocks continue to fall on dilution fears. Strategy buys $51m BTC, relaxes financing rule. Chamath announces crypto SPAC. BMNR flips MARA to claim 2nd largest DAT spot.…
STRATEGY BUYING BTC AGAIN, GOOGLE INVESTS MORE IN BTC MINING, $LIGHT SOARSCrypto weak, ETH ETF sees 2nd largest outflow ever. DAT stocks continue to fall on dilution fears. Strategy buys $51m BTC, relaxes financing rule. Chamath announces crypto SPAC. BMNR flips MARA to claim 2nd largest DAT spot. $3.9b ETH stuck in staking exit queue.…
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 Despite a crypto market crash that saw Bitcoin drop, large-scale investors are continuing to accumulate Cardano and XRP. On-chain data confirms this bullish whale activity, with transactions and cohort holdings for both cryptocurrencies hitting multi-month highs in August. The market recovery is tied to a potential end to the Russia-Ukraine conflict and 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 dip 3-6% overnight; BTC holds at $115,000 Gemini files to go public with ticker GEMI, timing TBD BTCS becomes first…
In brief Canary Capital CEO Steven McClurg sees Bitcoin hitting $150K by year’s end before a 2026 bear market sets in. McClurg dismissed Ethereum, backing newer blockchains like Solana and Sui. Another analyst warned against dismissing Ethereum due to its app and developer dominance. Bitcoin could climb as high as $150,000 before the end of…
In brief XRP is at a crossroads: does it head back up towards $4, or all the way back down to $2? Myriad users say there’s a nearly 64% chance XRP shoots for the moon versus heading back towards doom. Are they right? Let’s dive in. The XRP Army has drawn the line: the $3…
In brief On-chain data shows that Ethereum ETFs have added about $3.4 billion over the past five days, against $966 million for Bitcoin ETFs over the same period. The trend marks a fifth straight session of ETH ETF inflows outpacing Bitcoin ETFs. Analysts cited corporate treasury accumulation, thinning exchange and OTC supply, and staking yield,…
CRYPTO DROPS AFTER PPI, HUGE LIQUIDATIONS, TRUMP-PUTIN TO MEETCrypto drops after hot US PPI, $1.1bn of liquidations. US only wants budget neutral BTC accumulation. US government owns $24b crypto: Arkham. Lummis makes renewed push for BITCOIN Act. Altcoins continue to drop versus ETH. $3.2bn ETH queued to leave staking. HYPE nears $50 as volume hits…
In brief The federal agency has used its last full 60-day extension period, setting a final decision date of October 16 for the pending Solana ETF proposals. Market observers remain cautious of Solana’s price action, weighing how the SEC’s decision could shape the outlook for other altcoin-linked ETFs. BlackRock has stated it does not plan…
