Opinion

Morning Minute: Public Companies Amass $100B+ in Bitcoin

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 red again as Trump confirms trade war; Bitcoin at $111,200 Paxos accidentally mints $300T PYUSD onchain before burning Erebor Bank…

News

Kraken acquires a CFTC-regulated Designated Contract Market, expanding derivatives footprint in the U.S. market

We’re excited to announce we have acquired Small Exchange, a CFTC-licensed Designated Contract Market (DCM) from IG Group for $100 million. This move lays the foundation for us to launch a fully U.S.-native derivatives product suite, creating a deep, sophisticated onshore venue in the world’s largest capital market.  The acquisition of Small Exchange advances our…

Markets

Bitcoin and Ethereum Stabilize as US Shutdown Enters Third Week

In brief Bitcoin and Ethereum have stabilized after recent volatility, with BTC trading above $112,000 and ETH near $4,100. The two-week U.S. government shutdown has delayed key economic data releases, including the September CPI report now rescheduled for October 24. Despite data delays, Fed Chair Powell indicated the committee still has enough information to proceed…

Markets

Gold Futures Break $4,200 as Crypto Outflows Hit Record Levels

In brief Gold futures climbed above $4,200 per ounce Tuesday, setting a new all-time high. CoinGlass tracked more than $21 billion in crypto outflows from Binance over the past week. Analysts told Decrypt the divergence marks a short-term flight to safety, with capital temporarily shifting from crypto to gold ahead of key Fed signals. Gold…