Everything web3, crypto, defi, degen
In brief U.S. spot Bitcoin ETFs pulled in around $2.3 billion from September 8 to 12. BlackRock’s IBIT and Fidelity’s FBTC captured the bulk of flows, with other issuers posting smaller gains. Observers said the surge reflects structural demand from institutions, with inflows expected to scale further. U.S. spot Bitcoin exchange-traded funds pulled in roughly…
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 flip red overnight after green weekend; BTC back at $115,000 Total3 hits new ATH at $1.12T over the weekend Galaxy…
In brief The odds of the U.S. Federal Reserve announcing a quarter-point rate cut have skyrocketed to 94.2%, according to the CME’s FedWatch tool. Experts look to Fed Chair Jerome Powell’s speech and forward guidance to determine if Bitcoin rallies or triggers a sell-the-news reaction. Bitcoin’s long-term outlook remains bullish, with experts forecasting up to…
In brief Bitcoin and Ethereum have risen 6% and 4% this month, defying the usual September slump. Options data show bullish bets outweighing bearish ones, with weighting geared for higher year-end prices. Expectations of multiple Fed rate cuts in 2025 are helping underpin appetite for risk assets. September’s slump may not be the last, but…
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 green, led by SOL; BTC at $115,000 SOL hits $238 on back of FORD DAT $1.65B raise; SOL memes +…
In brief Bitcoin’s hash rate surged to 1.12 billion TH/s on September 12, marking a new record high. The surge in hash rate has also adjusted Bitcoin difficulty to an all-time high of 136.04T. Experts suggest this outlook has historically preceded an explosive price surge. After Bitcoin’s recent price surge saw it breach a two-week…
In brief Bitcoin briefly swelled to a 19-day high, driven by cooler U.S. inflation data that has increased expectations of a Federal Reserve rate cut. The crypto market’s bullish sentiment is also fueled by significant ETF inflows and a decline in selling pressure. Experts are optimistic about Bitcoin’s future, with expectations of a “big surge”…
In brief Bitcoin holds steady near $114,000 despite August inflation rising to 2.9%, outpacing July’s 0.2% increase. Odds of a 50 basis point Fed rate cut next week dropped from 12% to 9% following the hotter CPI data. Crypto analysts expect any market volatility from the inflation print to be short-lived ahead of next week’s…
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 Bitcoin’s recent lag is tied to the Nasdaq’s mean reversion, according to experts—leaving it at risk of deeper drawdowns. A potential Fed rate cut on September 17 could ease macro uncertainty and help Bitcoin and other risk-on assets regain momentum. Institutional investors are rotating capital into Bitcoin ETFs, possibly in anticipation of a…
