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 mostly flat into FOMC, Bitcoin leads +1% to $116,300 Binance in talks with US DOJ to end its compliance monitor…
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 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…
In brief Forward Industries acquired nearly 7 million SOL tokens for $1.58 billion, making it the largest publicly traded Solana treasury. The firm bought unlocked SOL tokens via on-chain and open-market transactions. Shares of FORD rose 1.21% amid the news, now up more than 28% in the last week. Medical design firm Forward Industries completed…
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…
DOGE is having its day (again), with Dogecoin putting up enormous gains on the week amid growing corporate and institutional interest in the O.G. meme coin.Dogecoin has surged by nearly 13% over the last day alone, topping the $0.30 mark on Saturday morning for the first time since the start of February. At a current…
In brief Major altcoins like Dogecoin and Solana surged on Friday, with BNB hitting a new all-time high price. Their gains came off the back of Bitcoin and Ethereum price jumps, with both at their highest points this month. Investors are feeling good about the Fed cutting interest rates next week—which could benefit crypto markets.…
In brief Gemini debuts on Nasdaq with $4.4B valuation, shares up 22.6% amid regulatory drama with CFTC nominee. Figure launches public trading at $5.3B valuation as crypto lending meets capital markets. Tokenization gains momentum with BlackRock eyeing ETF tokenization and Nasdaq proposing tokenized stock trading. Public Keys is a weekly roundup from Decrypt that tracks…
