Everything web3, crypto, defi, degen
In brief SEC and CFTC leaders proposed a “24/7 Markets” policy to bring U.S. securities trading online around the clock, citing the nonstop nature of crypto and global markets. They also floated plans to ease rules for prediction markets, perpetual derivatives, and DeFi trading in line with a unified “super-app” model for finance. Critics warned…
In brief Kraken has bought proprietary trading platform Breakout. It’s the latest acquisition by the crypto exchange. San Francisco-based Kraken has said it is planning to go public. U.S. crypto exchange Kraken has acquired proprietary trading platform Breakout, the company announced Thursday, as it continues its efforts to expand services ahead of a planned public…
In brief CFTC Commissioner Kristin Johnson warned Wednesday that prediction markets have “too few guardrails” while capturing unprecedented retail funds. Her farewell speech coincided with the CFTC approving Polymarket’s U.S. return through its $112 million QCX acquisition. Johnson criticized firms that “rent or buy” licenses to quickly pivot to prediction market contracts after obtaining regulatory…
In brief The conference will examine stablecoins, tokenized assets, AI for payments, and DeFi. Governor Christopher Waller said innovation has been “a constant” in meeting consumer and business needs. The event adds to a packed Q4 policy calendar alongside other initiatives from the SEC, CFTC, BIS, and MAS. The Federal Reserve Board announced Wednesday it…
In brief Crypto exchange Bullish debuted on the New York Stock Exchange in August. Its stock soared to more than triple the initial offering price. But analysts at Compass Point say it’s currently trading too high. Analysts at investment bank Compass Point initiated coverage of crypto exchange Bullish with a neutral rating and a $45…
SOL LEADS, SEC SPEAKS ON CRYPTO GUIDANCE, TOKENISED RWAS HEAT UPSOL begins to outperform again in majors, nears $210. SEC, CFTC give guidance for crypto adoption. Strategy buys $449m BTC. Metaplanet to raise $3.8b pref stocks to buy BTC. BMNR buys 17k more ETH, 39k ETH in last week. ETHZilla to deploy $100m in ETH…
SOLANA HITS $211 & OUTPREFORMS CRYPTO MAJORS!SOL begins to outperform again in majors, nears $212. SEC, CFTC give guidance for crypto adoption. Strategy buys $449m BTC. Metaplanet to raise $3.8b pref stocks to buy BTC. BMNR buys 17k more ETH, 39k ETH in last week. ETHZilla to deploy $100m in ETH with EtherFi. ETH Foundation…
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 are green with SOL leading; BTC at $111,500 BTC ETFs see $333M in inflows, highest day since Aug 8; ETH…
In brief The joint statement covers crypto products focused on leverage, margin and financed spot retail commodity transactions. One market observer expects spot crypto assets to receive listings on major equity indexes. Regulators are inviting market participants to engage with SEC or CFTC staff. Exchanges registered with the U.S. Securities and Exchange Commission and the…
In brief Coinbase unveiled a hybrid index called Mag7 + Crypto Equity Index Futures. The futures index tracks Coinbase shares, “Magnificent 7” tech stocks, and Bitcoin and Ethereum ETFs. The product will be available through “partner platforms,” Coinbase said. Coinbase is debuting futures in the U.S. that will simultaneously give traders exposure to cryptocurrencies and…
