Everything web3, crypto, defi, degen
In brief Shares in Ethereum treasury firm ETHZilla fell more than 5% after it announced a reverse 1-for-10 stock split. Outstanding shares will shrink from around 160 million to 16 million when the split is effective next week. ETHZilla holds around 102,000 ETH valued above $400 million. Shares in publicly traded Ethereum treasury firm ETHZilla…
In brief Coinbase added Binance’s BNB token to its listing roadmap on Wednesday. BNB is the fourth-largest digital asset by market capitalization. Coinbase delisted the Binance-branded BUSD stablecoin amid regulatory scrutiny in 2023. Coinbase added BNB to its listing roadmap on Wednesday, signaling support for the cryptocurrency issued by its biggest competitor, Binance.Offered to the…
In brief Volatility Shares has filed to launch crypto ETFs that would give investors amplified exposure to Bitcoin, Ethereum, Solana, XRP, and various stocks. Such ETFs use leverage to maximize returns for investors. But investors can lose a lot of money buying such ETFs too. As if crypto trading isn’t already volatile enough, ETF manager…
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…
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 fall as China trade war rhetoric escalates; BTC at $111k Gold hits another new ATH as Bitcoin and crypto lags…
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…
In brief OwlTing announced Tuesday it will begin trading on the Nasdaq on Thursday. The company chose a direct listing to emphasize transparency and avoid shareholder dilution. The move follows heightened global regulatory focus and growing institutional interest in stablecoins. Taiwanese stablecoin infrastructure company OwlTing will commence trading on the Nasdaq Global Market on Thursday,…
In brief Deren Akyeam-Pong pleaded guilty to nine charges, including kidnapping and assault related to the December 2022 abduction of Ontario’s “Crypto King” Aiden Pleterski. The guilty plea prompted an immediate adjournment of the trial for co-defendants Akil Heywood and Alfredo Paladino, with no new trial date scheduled. Cybersecurity consultant warns oversharing crypto gains “practically…
In brief Public companies holding Bitcoin saw a 40% surge in the third quarter. These firms collectively hold over 1.02M BTC, valued at over $117 billion. Experts cite friendly policy and long-term strategy, forecasting that Bitcoin could hit $160,000 in the fourth quarter. A record number of companies have increased their Bitcoin exposure in the…
In brief Bitcoin hit a new all-time high last week, before plunging following President Trump’s tariff announcements. It has recovered slightly, while gold has already jumped to a new high this week. Bitcoin and gold will continue to be bought by traders to hedge against currency debasement, experts told Decrypt. Bitcoin had been on a…
