Everything web3, crypto, defi, degen
In brief Crypto markets are in correction mode, as PPI throws cold water on the rally. But Cardano traders had other ideas today. ADA pumped while XRP, BTC, and ETH dumped. Here’s why, and what the charts suggest may happen next. Crypto volatility is back. But while most of the majors are pulling back, with…
In brief Cathie Wood’s Ark Invest added 2.5 million shares of Bullish (BLSH) amid the exchange’s IPO on Wednesday. Shares of Bullish tripled in price after hitting the market at $37, but have settled to nearly $75 as of Thursday afternoon. The mark gives Ark Invest nearly $189 million worth of BLSH, as of this…
In brief Experts generally agree that favorable regulatory shifts in the United States and massive buy-ups of Ethereum on Wall Street have enabled ETH’s current, ongoing streak. Some analysts contend these factors are so bullish for Ethereum, that the token will continue to surge through the end of the year, potentially beyond $7,000. Others caution,…
In brief Top markets on Myriad this week include predictions on the price of ETH, XRP, and SOL. ETH is charging ahead, but couldn’t push through to a new all-time high before retracing. Yet, predictors think $5K is no trouble in 2025. Predictors are split though about SOL’s chances of creating a new all-time high…
BTC NEW ATH, ALTCOIN SEARCHES ARE BACK, USELESS GETS COINBASEBTC hits new ATH, then pulls back. ETH ETF inflows second-largest inflows ever. Altcoin google searches hit highest since 2021. Banking discrimination sent us to crypto: Eric Trump. Stargate asks for alternative buy-outs to LayerZero. Murano to buy $500m BTC. Google rescinds ban on non-custodial crypto…
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 soar and then retrace ahead of PPI BTC hits new ATH of $124,128 overnight ETH reaches $4,780 on 2nd-biggest day…
In brief Ethereum ETFs pulled in $704 million on Wednesday, nearly eight times the inflows into Bitcoin funds. The three-day surge brings total ETH ETF inflows to $2.2 billion, compared to $331 million for Bitcoin. Standard Chartered has hiked its Ethereum price target to $7,500 by 2025, citing deep institutional demand and limited supply. Institutional…
In brief Spot Ethereum ETFs have attracted $2.3 billion in the U.S. this month, equating to roughly 500,000 ETH. The network has issued 450,000 ETH since the “merge” took place in 2022. Ethereum treasury firms have bought lots of ETH recently, but ETFs are still a larger source of demand, according to Standard Chartered. Spot…
In brief XRP is a cryptocurrency developed to facilitate efficient cross-border transactions, particularly for financial institutions and payment providers. The XRP Ledger employs a unique consensus protocol called the Ripple Consensus Algorithm to validate transactions. A long-running legal dispute between Ripple Labs and the U.S. SEC over whether sales of XRP constituted a unregistered securities…
In brief Standard Chartered has massively raised its Ethereum forecast to $7,500 by 2025, $12,000 in 2026, $18,000 in 2027, and $25,000 in 2028 and 2029, up from just $4,000 for 2025 in March. The bank points to heavy institutional buying, the GENIUS Act’s boost for stablecoins, etc, as key growth drivers. ETH is trading…
