Everything web3, crypto, defi, degen
In brief Solana surged 5.5% and hit $241, reaching its highest level since late January amid growing institutional interest. Forward Industries secured a $1.65 billion PIPE deal led by Galaxy Digital, Jump Crypto, and Multicoin Capital, boosting SOL momentum. BIT Mining adds 17,221 SOL to treasury as prediction market traders grow 89% confident SOL will…
In brief Allied Gaming & Entertainment has started investing into Bitcoin and Ethereum for its treasury. The publicly traded firm’s stock price briefly doubled on Friday following the announcement. Many companies have started amassing crypto, following the model pioneered by Bitcoin giant Strategy. Allied Gaming & Entertainment, a Nasdaq-listed esports and gaming company, announced that…
In brief Gold hit an inflation-adjusted record high of $3,683/oz, surpassing a 45-year-old record. Bitcoin climbs 6% to $114,286 but analysts watch gold-to-Bitcoin ratio for breakout signals. Prediction markets now favor gold over Bitcoin through year-end, with 63% betting on precious metal. If Bitcoin can keep pace with gold as it soars to an inflation-adjusted…
In brief Solana is outperforming its major peers and Myriad predictors think a new all-time high is coming by the end of 2025. TROLL has been one of the best performing meme coins of the summer, but predictors feel a dump is likely. Predictors are confident that SharpLink Gaming will not eclipse its first ETH…
In brief 21Shares launched a new ETP tied to dYdX’s native token, extending regulated access to one of the largest decentralized derivatives protocols. The product follows 21Shares’ earlier DeFi ETPs including Aave and Uniswap launched in 2022, becoming Europe’s largest crypto ETP issuer with 48 products. DYDX was chosen because it “adds a distinctive dimension”…
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…
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 rip after a soft PPI print; BTC hits $114,000 Forward Industries closes $1.65B raise to buy SOL; SOL at $225…
In brief Sen. John Kennedy (R-LA) said the Senate is “not ready” for sweeping crypto market rules, warning lawmakers still have “a lot of questions.” Sen. Tim Scott (R-SC), chair of Senate Banking, has insisted on a September 30 markup, despite pushback from Democrats and fellow Republicans. Policy experts say rushing a “full leap” bill…
In brief Rising demand from ETFs and DATs has scooped up 8.40% of Ethereum‘s market cap, according to digital asset bank Sygnum. Crypto-friendly regulation under Trump’s administration has helped drive massive capital inflow into Ethereum. The successful Pectra upgrade also played a key role in shaping Ethereum’s value proposition, analysts argued. Ethereum’s renewed bullish momentum…
In brief Aggregate 24-hour Ethereum futures volume climbed to $49.4 billion, topping Bitcoin’s $42.9 billion. U.S. spot Bitcoin ETFs drew $1.39 billion in inflows over 10 days, while Ethereum ETFs lost $668 million. Altcoins’ share of total trading volume rose to 50% this week, up from 40%, as Bitcoin’s dominance slipped. Experts suggest growing anticipation…
