Everything web3, crypto, defi, degen
In brief U.S. spot Bitcoin ETFs recorded $1.19 billion in net inflows on October 6, the highest single-day total since July 10. BlackRock’s IBIT dominated with $970 million, becoming the asset manager’s most profitable ETF in barely 2 years since launch. Analysts say the surge points to institutional hedging during the U.S. government shutdown, but…
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 after BTC and Gold make new ATH; BTC at $124,500 BNB hits new ATH at $1,300 and flips XRP…
In brief KindlyMD is joining with crypto services provider Antalpha in a strategic partnership. As part of the agreement, KindlyMD’s Nakamoto subsidiary and Antalpha have signed a non-binding letter of intent for the Bitcoin treasury to issue $250 million in convertible debt to Antalpha. KindlyMD will use the convertible notes to expand its Bitcoin Holdings…
In brief VanEck projects a $644,000 price if Bitcoin matches half of gold’s value. Bitcoin’s market cap stands at $2.48 trillion, up 12% in the past month. Analysts caution the target may take five to ten years amid slower, steadier growth. Bitcoin is poised to capture half of gold’s market capitalization, according to investment firm…
In brief Bitcoin broke a new all-time high of a little over $126,000 per coin on Monday. However, the stock prices of publicly traded mining companies are rising even faster. Investors are flooding into the stock market and alternative assets over worries that currencies worldwide are being debased. Bitcoin’s price hit new records Monday, as…
In brief Zcash is being highlighted by notable individuals on social media. The token’s price has increased nearly 240% over the past two days. Mert Mumtaz said Zcash would hit $1,000. Zcash’s price rose to $165 on Monday as Mert Mumtaz, CEO of Solana infrastructure firm Helius Labs, continued cheerleading the token on X, among…
In brief Cryptocurrency funds added nearly $6 billion last week, a single-week record according to CoinShares. Bitcoin soared to a new high price above $125,000 early Sunday. Investors are looking to alternative assets to hedge against weakening currencies. Investors threw a record amount of cash at Bitcoin and other crypto investment products, which racked up…
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 after Bitcoin hits new ATH at $125,600 (now $124,300) BNB hits new ATH at $1,220; Binance lists spot…
The first week of October delivered a strong performance for the crypto market, with Bitcoin setting record highs and the layer-1 sector leading the charge among altcoins.The category, which includes assets like Solana, Avalanche, BNB, Sui, and Aptos, posted a 12.54% gain from September 29th to October 5th, according to Velo data. The layer-2 sector…
So you just spent $450 on a Nintendo Switch 2—or maybe more, depending on how the market behaves in the near future—and you want to play something new on it. Technically, there are thousands of games to play on your Switch 2, thanks to backward compatibility, but a slightly better framerate isn’t a very enticing…
