Everything web3, crypto, defi, degen
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 reverse and flip red; BTC -1% at $107,500 BTC ETF inflows reach $477M, not enough to counter selling DraftKings acquires…
In brief Stock exchanges in Hong Kong and India have rejected companies attempting to pivot to Bitcoin treasury strategies, with none receiving regulatory approval in recent months. Experts have questioned if digital-asset treasuries are justified, warning they risk becoming “volatility arbitrage shells disguised as leveraged Bitcoin plays” that harm retail investors. Jetking Infotrain’s Siddarth Bharwani…
In brief ChinaAMC’s Solana ETF will be Hong Kong’s first spot fund offering direct exposure to SOL, set to begin trading Oct. 27. The ETF will invest entirely in SOL and track the CME CF Solana-USD Index based on the APAC reference rate. Observers say the move shows Hong Kong’s confidence in expanding its regulated…
We are making four new pairs available for margin trading, taking our total to over 240 markets enabled for margin trading on Kraken Pro! Margin trading is now available for: Here’s some more information about the token: Mantle (MNT) is an Ethereum Layer 2 solution with a goal of creating an EVM-compatible scaling solution. Featuring…
In brief U.S. Senator Cynthia Lummis (R-WY) has urged the Consumer Financial Protection Bureau to finalize its open banking rule, warning that banks have restricted access to industries they oppose, including digital assets. The rule, finalized on October 22, 2024, allows consumers to share financial data with third-party apps via APIs, critical infrastructure for connecting…
In brief Bitcoin is down 4% this month, defying its historical 19.84% average return for October. Analysts say on-chain data and failed rallies point to a continued correction phase. Sharp price swings reflect a market torn between institutional optimism and macro risks. Bitcoin’s recovery this week continues to lag, leaving most altcoin performances in the…
In brief Citi has given Strategy a “buy” rating and a price target of $485. But the bank warned that the stock could dip with the price of Bitcoin. Strategy closed Tuesday trading at nearly $302 per share. Citi has given Strategy stock a “buy” rating and a price target of $485, citing the investment…
In brief Gold retreated from a record high of $4,395 per ounce on Tuesday. Bitcoin and Ethereum were trading around $112,000 and $4,000, respectively. Analysts cited strong earnings and easing geopolitical concerns as factors. Bitcoin and Ethereum rose on Tuesday as gold’s price headed toward its biggest daily drop in over a decade, indicating renewed…
In brief The government has introduced legislation to make a temporary crypto mining moratorium permanent. Officials said the change is part of a broader plan to allocate electricity to high-value industries. Crypto industry leaders warned the decision could push investment to areas without clean energy. The Government of British Columbia is moving to permanently bar…
In brief Ethereum treasury SharpLink Gaming had not bought ETH for over a month. The Nasdaq-listed company added 19,271 ETH to its balance sheet last week, when the price of the asset dropped. SharpLink Gaming now holds 859,853 ETH, now worth over $3.5 billion. Ethereum treasury firm SharpLink Gaming announced Tuesday that it added nearly…
