Everything web3, crypto, defi, degen
In brief Bitcoin dropped Thursday, bringing Ethereum, Solana, and other major coins and tokens with it. The sell-off comes as traders digest news that the Federal Reserve may not cut interest rates further this year, and that President Trump’s meeting with Chinese leader Xi Jinping may not have been that fruitful. Bitcoin touched an all-time…
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 2-3% after Powell says rate cut not certain in December MetaMask parent Consensys files for IPO Mastercard to acquire…
In brief Key metrics such as ETF flows, Coinbase Premium, and the CME basis signal a decline in U.S. institutional demand for Ethereum. Experts cite a closed Grayscale arbitrage window and a broader macro risk reassessment as primary causes. The long-term outlook remains bullish, contingent on Ethereum’s utility and real-world asset adoption. Demand for Ethereum…
In brief Gold’s pullback may create space for a Bitcoin catch-up trade, experts say. Gold has suffered a six-day, 10% slide only 10 times in the past 45 years, and in each case the metal regained losses within roughly two months, posting an average rebound of about 8%. The Q4 outlook for both assets remains…
In brief MetaMask maker Consensys has tapped JPMorgan and Goldman Sachs to advise on a potential IPO, Axios reported. The Ethereum developer joins Circle and Bullish in pursuing listings as investor appetite for crypto equities improves. It follows a fresh wave of crypto IPOs this year, including Circle’s June debut and Bullish’s August listing on…
In brief The price of Bitcoin fell today following comments from Fed Chair Jerome Powell. Bitcoin sentiment on the prediction market Myriad likewise dropped as bears gain ground. Technical indicators show weak momentum in the short term, while the broader bullish trend remains intact. Bitcoin is bleeding today, and aggregated sentiment on prediction markets is…
In brief President Trump’s official meme coin has jumped 46% over the last week, rebounding after a steep drop earlier this month. Jasper De Maere, desk strategist at Wintermute, told Decrypt the rise may be the result of a “relief rally” as trade war tensions ease. Trump Media this week announced it’ll create a prediction…
In brief 21Shares wants to list a Hyperliquid exchange-traded fund. HYPE, the native coin of decentralized exchange Hyperliquid, is the 16th biggest cryptocurrency by market cap. The SEC is weighing ETF applications tracking different altcoins, and combinations of tokens. Exchange-traded fund issuer 21Shares has applied for an exchange-traded fund tracking the token of the Hyperliquid…
In brief Elizabeth Warren and Bernie Sanders warned that Trump’s plan to let 401(k)s invest in crypto could jeopardize Americans’ retirement savings. In a letter to the SEC and Department of Labor, they called the policy “dangerous,” citing crypto’s volatility and Trump’s potential conflicts of interest. The senators asked whether agencies have studied the risks…
In brief Perpetual futures, or perps, have been a big business in crypto this year, generating $1.27 trillion in trading volume over the past 30 days. Crypto wallets MetaMask and Phantom, as well as Telegram mini-app Blum, now offer perps natively within their apps. Analysts warn they present a “double-edged sword” to new users who…
