Everything web3, crypto, defi, degen
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…
In brief Bitcoin up 0.5% to $114,000+ after producer price index fell 0.1% in August. 88% of investors expect 25 basis point Fed rate cut at next week’s FOMC meeting. Tomorrow’s consumer price index could drive additional crypto market volatility. Bitcoin ticked higher after the Bureau of Labor Statistics reported the producer price index dropped…
Prediction market PredictIt, which started out as an academic platform focused on political forecasts, is preparing to launch a new exchange after getting the nod from the Commodities Futures Trading Commission.PredictIt, operated by the D.C.-based Aristole, said last week that the CFTC approved its applications to operate as both a designated contract market, or DCM,…
In brief The conditions were outlined in a letter published Tuesday by Sen. Ruben Gallego, the top Democrat on the Senate Banking Committee’s Subcommittee on Digital Assets. The letter underscored the willingness of the group to pass crypto legislation so long as it was meaningfully bipartisan. The letter also requests numerous additions to the Senate…
In brief U.S. spot Bitcoin ETFs saw significant inflows of $368.25 million, the highest in a month, reversing recent outflows and signaling renewed institutional conviction. Institutional buying is linked to investor positioning ahead of key macroeconomic reports this week and the Federal Reserve’s upcoming rate decision. Simultaneously, a capital rotation pattern from Ethereum to Bitcoin…
In brief Ant Digital linked $8.4B in Chinese energy assets to AntChain, tracking 15M renewable devices. It raised 300M yuan ($42M) for three clean energy projects via tokenized assets, Bloomberg reported. Adoption is expected to remain institutional, with offshore listings hinging on regulatory approval, Decrypt was told. Jack Ma-backed Ant Group’s enterprise arm has reportedly…
In brief If passed, Treasury would have 90 days to report on feasibility, legal authority, custody, and cybersecurity. The bill also calls for details on interagency transfers and balance sheet treatment of digital assets. Federal definitions could set benchmarks for custody and accounting across the industry, Decrypt was told. Two sections of a U.S. House…
In brief Eightco raised $250M to buy Worldcoin and changed its ticker to ORBS in a crypto treasury pivot. BitMine backed Eightco with $20M and called the Worldcoin play its first big “moonshot” investment. Eightco bet on Worldcoin over Bitcoin or ETH, sparking questions about the strategy. Eightco Holdings Inc. shares surged more than 3,000%…
In brief Bitcoin’s Google search volume has plummeted to an 11-month low amid a sideways trend. Gold is up 38% since the start of 2025 compared to Bitcoin’s 18%. Experts see potential for capital rotation from gold to Bitcoin if favorable macroeconomic conditions persist. Bitcoin’s U.S. Google search volume has dropped to an 11-month low…
In brief SharpLink Gaming plans to stake part of its $3.6 billion ETH holdings on Linea network for higher yields, moving beyond traditional custodians Anchorage and Coinbase. SEC and CFTC leaders announced they’re considering 24/7 trading markets to align with crypto’s always-on nature, marking another potential Trump administration change to financial markets. Bitcoin miners hit…
