Everything web3, crypto, defi, degen
In brief Bitcoin ETPs saw a net inflow of 20,685 BTC last week, driven mostly by U.S. ETFs. The recent uptick in investor risk appetite is driven by rate cut expectations and new crypto IPOs. Despite institutional demand outpacing new Bitcoin supply, realized and implied volatility remain historically low. Bitcoin exchange-traded products globally logged net…
In brief The amended complaint claims TaskUs’s India operations were at the center of a coordinated bribery scheme to steal customer information. Plaintiffs allege the company concealed the breach, firing investigators and failing to disclose details in securities filings before a $1.6 billion Blackstone buyout. Coinbase reimbursed affected users, tightened controls, and ended its relationship…
In brief Pump.fun’s PUMP has rocketed 77% over the last week, driven by aggressive buybacks and platform dominance. The charts are flashing strong bullish signals. But users on the Myriad prediction market are still bearish. Here’s why. The crypto market continues its dance of consolidation, with Bitcoin and Ethereum more or less trading sideways as…
In brief A growing number of Bitcoin treasury firms are trading at discount to their holdings. Some are likely to fade away or become acquired, per TD Cowen. The investment bank thinks others will still outperform Bitcoin. Some Bitcoin treasury firms are losing their luster as share prices sag below a key threshold, TD Cowen…
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 flat while stocks and gold hit new ATHs; BTC at $115,300 Coinbase teases a network token in exploration Polymarket’s latest…
In brief Altcoin open interest has jumped to $38 billion, closing in on Bitcoin’s $40 billion and topping Ethereum’s $30 billion, signaling heightened speculative activity. Experts warn the leverage buildup could spark liquidations if the Fed’s expected rate cut triggers a shift in sentiment. Political pressure on Chair Jerome Powell and signs of elevated implied…
In brief Dogecoin surged 11% and Solana 10 % in the last week, defying seasonal crypto trends Federal Reserve is expected to cut rates this week as inflation moderates to 2.9%, which bodes well for risk assets. Users on the prediction market Myriad are signaling growing bullish sentiment. Here’s what the price charts have to…
In brief The Chargers are favored, but the line is tight: L.A.’s a ~3.5-point favorite, moneyline at about −185, and the Over/Under set near 46.5. Markets expect a win by the Chargers, but not a blowout.  Sharp money wagers are driving line movement toward Chargers −3.5. A number of analysts lean toward Raiders +3.5…
In brief PayPal launched PayPal Links, a peer-to-peer payment tool for messaging apps that will soon support transfers of Bitcoin, Ethereum, PayPal’s PYUSD stablecoin, and other tokens. The program will first roll out in the U.S. before expanding to the U.K., Italy, and other markets later this month. Crypto transfers between friends and family on…
In brief The Ethereum Foundation is launching a dedicated “dAI team” to make Ethereum the foundation of AI development and bridge blockchain with AI industries. It has a near-term focus on the ERC-8004 standard enabling AI agents to transact seamlessly across Ethereum, which is debuting at November’s Devconnect conference. The long-term goal is to build…
