Everything web3, crypto, defi, degen
CRYPTO SLIDES, LINK LEADS ALTS, FED ENDS CRYPTO SUPERVISIONBTC slides to $115k despite stability in stocks. ETH & SOL weakest in majors, LINK leads alts. Fed ends crypto supervision program. US weighs digital ID verification in DeFi. BTC hits 1.7% of total global money supply. ETH hits ATH in transaction count, active addresses. ETH ETFs…
In brief James Chanos warns that Strategy’s $51 million Bitcoin buy signals weak demand for its preferred stock offerings and criticizes the company for loosening shareholder protections. Strategy modified its equity issuance policy by adding “when otherwise deemed advantageous”, with Chanos alleging it gives CEO Michael Saylor more flexibility to dilute shares at lower valuations.…
In brief Metaplanet has bought a further 775 BTC for $93 million to bolster its corporate treasury. The Japanese firm’s Bitcoin stash is now worth roughly $2.17 billion, despite Bitcoin’s downturn over the weekend. Analysts told Decrypt that steady buying can tighten liquidity and raise near term volatility. Metaplanet Inc. bought an additional 775 Bitcoin…
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 dip 3-6% overnight; BTC holds at $115,000 Gemini files to go public with ticker GEMI, timing TBD BTCS becomes first…
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 soar led by ETH and SOL; Bitcoin breaks $120,000 Tom Lee files to raise $20B ATM for more ETH; ETH…
ETH at $4,400, ETH ETFS $1B DAILY INFLOWS, TOM LEE ACQUIRES 1.2M ETHBitcoin pulls back after falling short of ATH. ETH outperforms, ETFs hit record $1b+ inflows. Stripe building L1 blockchain for payments. Circle profit rises 53%, also building L1 chain. Strategy bought only $18m BTC last week. Metaplanet buys $61m BTC. BMNR now top…
ETH ETF INFLOWS ATH, CIRCLE & STRIPE PLAN L1S, CPI TODAYBitcoin pulls back after falling short of ATH. ETH outperforms, ETFs hit record $1b+ inflows. Stripe building L1 blockchain for payments. Circle profit rises 53%, also building L1 chain. Strategy bought only $18m BTC last week. Metaplanet buys $61m BTC. BMNR now top ETH holders,…
VOLATILE WEEKEND, XRP LEADS REBOUND, TRUMP FIRES BLS CHIEFXRP, DOGE lead crypto rebound after drop. BTC ETFs suffer 2nd largest single day outflow. Crypto ETFs bought ATH $12.8b in July. China cracks down on mainland crypto again. SEC to hold crypto roundtables across US. Buy the dips in BTC, ETH: Eric Trump. Metaplanet plans $3.7b…
In brief MicroStrategy aims for largest corporate treasury ever, Bitcoin or otherwise, by targeting 3-7% of total Bitcoin supply, with plans to raise $4.2 billion more through preferred stock offerings. Metaplanet launches massive $3.7 billion Bitcoin buying spree to reach 210,000 BTC by 2027. Coinbase’s Q2 earnings miss shows shifting crypto dynamics as revenue fell…
In brief Japanese investment firm Metaplanet has filed to raise $3.7 billion through preferred shares to fund Bitcoin purchases toward 210,000 BTC goal by 2027. The proposed offering represents 75% of its current market cap and requires shareholder approval on September 1. Metaplanet cautioned that no specific issuance plan exists yet, with Bitcoin trading rangebound…
