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 Stablecoin issuer Tether has held talks on investing in gold miners and royalty firms, after already acquiring $8.7 billion worth of bullion. Meanwhile, El Salvador bought nearly 14,000 ounces of gold for $50 million, its first central bank purchase since 1990. Tether CEO Paolo Ardoino has previously described gold as “natural Bitcoin,” and…
POKEMON CARDS ON-CHAIN, CRYPTO STABLE, POLYMARKET GETS GREEN-LIGHTCrypto stable amid strong BTC ETF inflows. Fed to hold conference on stablecoins, tokenisation. American Bitcoin soars on Nasdaq listing. BTC & gold best hedge for debt crisis:: Dalio. Treasury BV raises $147m to buy BTC. Bitmine buys $358m ETH. ETH supply on exchanges hit 3-year low. AlphaTON…
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 chop with ETH leading; BTC at $111,000 CFTC clears Polymarket for US operations; departing chair issues warning Federal Reserve to…
In brief The dollar index has dropped 11% this year, its sharpest fall since 1973. Gold is at record highs signaling U.S. institutions are hedging against inflation. A steepening yield curve for bonds points to higher long-term risks and potential support for Bitcoin. A weakening U.S. dollar, rising governance risks, and yield curve steepening are…
In brief Renewed interest in tokenized Pokémon cards is being driven by a cryptocurrency’s debut. The Solana-based project adds a new dimension to their on-chain presence. Physically-backed Pokémon card NFTs have primarily existed on Polygon. Tokenized Pokémon cards are seeing renewed interest lately, partly due to the recent debut of a token for a Solana-based…
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…
In brief Ray Dalio said the U.S. is risking a “debt-fueled heart attack” The value of money would be negatively affected if the Federal Reserve is eventually forced to intervene in the bond market. He compared digital assets to hard currencies. The U.S. economy is staring down a debt-fueled heart attack within the next few…
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…
In brief BitMine Immersion Technologies recently purchased 153,000 Ethereum. It now owns roughly 1.5% of the asset’s supply, with its stash valued above $8 billion. Ethereum is having a “1971 moment,” Tom Lee said. BitMine Immersion Technologies recently purchased 153,000 Ethereum, taking a $655 million step toward its goal of owning 5% of the asset’s…
