Everything web3, crypto, defi, degen
In brief Ethereum was up slightly, even after ETFs lost $145 million on Monday. The delayed U.S. CPI report, now set for October 24 due to the ongoing government shutdown, has become a key risk trigger. Bitcoin ETFs have rebounded faster than Ethereum funds, with institutions showing stronger confidence in BTC as its dominance remains…
In brief Galaxy Digital disclosed $505 million in Q3 profits. Assets on Galaxy’s platform reached a record $17 billion. The firm recently unveiled a Coinbase and Robinhood competitor. Galaxy Digital shares jumped on Tuesday after the institutional crypto firm reported $505 million in third-quarter profits amid an increasing amount of assets on its platform.The New…
TL;DR Last Friday’s ~$19B+ liquidation cascade reset positioning across crypto; this week’s action has been a shaky retest rather than a clean recovery, with BTC probing the low ~100Ks and failing multiple reclaim attempts. Den’s “line in the sand” on BTC: ~$98K. If it can hold above that level, there’s room for a base (but…
In brief Coinbase acquired Echo, an onchain fundraising platform founded by crypto figure Cobie, for approximately $375 million. The acquisition brings Echo’s private investment tools and public token sale product Sonar into Coinbase’s ecosystem, having facilitated over $200 million across roughly 300 deals since launch. The deal complements Coinbase’s July purchase of token management platform…
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 are red overnight; BTC -2% at $108,500 Coinbase buys Cobie’s Echo + Up Only NFT for $375M Coinbase urges US…
Bitcoin and the broader financial markets are bracing for the first inflation data release after the U.S. government shut down on October 1, with analysts pricing in a measured market reaction. The Consumer Price Index reading, scheduled for release on Friday, will play a pivotal role in shaping the Federal Reserve’s interest rate decision next week.The…
In brief Solana Company (HSDT) opened resale for investors following a $500 million raise led by Pantera Capital and Summer Capital Shares fell more than 20% Monday after the resale registration took effect, expanding the tradable float. Leadership says proceeding now, rather than waiting for calmer markets, demonstrates conviction and transparency in its Solana-based treasury…
In brief Solana founder Anatoly Yakovenko uploaded the code for a perpetual futures exchange to Github, but he says he isn’t developing the platform. Yakovenko invited other devs to steal his idea and wants to see more competition in the perpetual futures exchange sector. Despite the Solana founder pushing back, crypto degens still speculated on…
In brief AI models Grok, DeepSeek, and Claude are up big in a live, real-money crypto trading showdown. Google’s Gemini 2.5 Pro is the biggest loser of the bunch, underscoring reliability and transparency risks. The results deepen the divide between data-specialized and general-purpose AI approaches to finance. In early innings, Elon Musk’s Grok, DeepSeek, and…
In brief Canaan closed up about 28% on Monday afternoon. Bitcoin miner CleanSpark became the latest firm to move into the world of AI data centers. CleanSpark’s stock rose 4.5% on the news that it was moving resources from minting Bitcoins to high-performance computing. Bitcoin mining company stocks rocketed up Monday as Bitcoin and other…
