Everything web3, crypto, defi, degen
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…
In brief Galaxy Digital has purchased more than $700 million worth of Solana since Wednesday, on-chain data shows. The buys are likely tied to Galaxy’s backing of Forward Industries, poised to be the largest Solana treasury firm. Solana hit its highest price since January on Friday, topping $241 and rising 19% in the last week.…
In brief Ethereum rose above $4,600 on Friday, driven by institutional accumulation from treasury companies and ETF inflows. CryptoQuant reports a surge in staking activity, including one whale moving $645 million in ETH specifically to stake it. 73% of traders on prediction market Myriad now bet ETH will reach $5,000, up from 61% at the…
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 green, led by SOL; BTC at $115,000 SOL hits $238 on back of FORD DAT $1.65B raise; SOL memes +…
In brief Bitcoin’s hash rate surged to 1.12 billion TH/s on September 12, marking a new record high. The surge in hash rate has also adjusted Bitcoin difficulty to an all-time high of 136.04T. Experts suggest this outlook has historically preceded an explosive price surge. After Bitcoin’s recent price surge saw it breach a two-week…
In brief Ondo rose nearly 10% Thursday to $1.10, bringing weekly gains to more than 21%, CoinGecko data shows. Total value locked for Ondo Finance has tripled this year to $1.57 billion. BlackRock’s move to put ETFs on blockchains is adding credibility to Ondo’s push into tokenized stocks and real-world assets, Decrypt was told. The…
In brief The price of Dogecoin has risen by nearly 20% over the last week. A publicly traded Dogecoin treasury has announced $125 million worth of DOGE purchases this week. Rex-Osprey will launch a Dogecoin ETF in the U.S. on Friday. Dogecoin is one of crypto’s biggest gainers over the last week, beating majors like…
ETH LEADS MAJORS, CPI TODAY, AVAX DATS COMINGCrypto higher on lower PPI, ETH leads. BitMine buys $201m more ETH. Binance & Franklin Templeton to partner on RWAs. POP Culture Group & Robin Energy both buy BTC. XRP reserves on exchanges surge by 1.2b tokens. AVAX Foundation eyes $1b raise to setup DATs. Chainlink, UBS to…
In brief SharpLink Gaming’s treasury strategy will be a positive “white swan event” for Ethereum as it helps educate traditional players, its co-CEO told Decrypt. Some industry observers fear that the crypto treasury trend could end badly for the industry, as swarms of companies have started stockpiling digital assets this year. Joseph Chalom, co-CEO of…
In brief Bitcoin hit a two-week high above $114,000 Thursday morning. Its price rise comes after U.S. spot Bitcoin ETF saw inflows of $757.1 million Wednesday, an eight-week high. Experts suggest that the August inflation report and the subsequent rate cut decision by the Federal Reserve are key catalysts driving ETF inflows. Bitcoin bounced back…
