Everything web3, crypto, defi, degen
In brief AI drove 92% of U.S. GDP growth, according to Harvard’s Jason Furman. Bank of England flagged stretched valuations reminiscent of the dot-com era. Elon Musk’s xAI raised $20 billion for a new data-center, with bulls and bears debating whether AI is a bubble or not. What happens when artificial intelligence becomes both the…
In brief Hong Kong-based DDC Enterprise has secured an additional $124 million in funding to buy Bitcoin. DDC’s stock price was up about 3.5% in Wednesday trading. The digital platform wants to buy 10,000 BTC by the end of the year. Shares of Hong Kong-based digital food company DDC Enterprise were up about 3.5% on…
In brief The crypto market’s pullback Wednesday morning triggered $635 million in liquidations over the past 24 hours. The short-term pressure was the result of profit-taking, gold’s rebound, and a stronger dollar, analysts told Decrypt. Analysts view this drop as a healthy correction, with a target of $132,000 to $135,000 if key support holds. Bitcoin…
In brief Global crypto market cap hit an all-time high of $4.35 trillion on October 6, with Bitcoin surging past $126,000 and Ethereum crossing $4,500. Spot Bitcoin and Ethereum ETFs have attracted over $70 billion in inflows since January 2025, with last week alone seeing $4.5 billion in record flows. Technical indicators show mixed signals:…
In brief BNB Chain meme coin prices and trading volumes are skyrocketing, with many tokens inspired by Binance founder Changpeng “CZ” Zhao. Some tokens have jumped more than 1,000%, while the leading token 4 has jumped to a $243 million market cap. Earlier this year, a token named after CZ’s dog Broccoli exploded in popularity…
In brief CleanCore added at least 100 million DOGE to its treasury, giving it more than 710 million DOGE in holdings. The firm said it now sits on more than $20 million in unrealized gains given Dogecoin’s rise in recent weeks. Shares of ZONE are up nearly 7% on the day, but down 32% in…
In brief Bitcoin broke a new all-time high of a little over $126,000 per coin on Monday. However, the stock prices of publicly traded mining companies are rising even faster. Investors are flooding into the stock market and alternative assets over worries that currencies worldwide are being debased. Bitcoin’s price hit new records Monday, as…
In brief The 6GW agreement gives OpenAI the option to buy up to 160 million AMD shares while securing Instinct MI450 chips—its boldest hedge yet against Nvidia’s dominance. AMD’s software gap may still haunt the deal, but the equity tie makes OpenAI a partner in fixing it. Wall Street cheered, sending AMD shares skyrocketing as…
In brief Gespa, Switzerland’s gambling authority, is reportedly operating a preliminary probe into FIFA’s right-to-buy ticketing feature. The right-to-buy collectibles provide the option to purchase physical tickets to World Cup games from a select pool of set-aside tickets for FIFA Collect users. FIFA Collect is the soccer governing body’s official digital collectibles platform, now operating…
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 green after Bitcoin hits new ATH at $125,600 (now $124,300) BNB hits new ATH at $1,220; Binance lists spot…
