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 are green after Bitcoin hits new ATH at $125,600 (now $124,300) BNB hits new ATH at $1,220; Binance lists spot…
In brief The Defiance prospectus covers proposals for 49 ETFs offering three times leveraged long and short exposure. The offerings include products focused on Coinbase, BitMine Immersion, Strategy, and ETFs tracking the prices of Bitcoin, Ethereum, and Solana. Defiance already offers a number of two times leveraged funds for Strategy and Robinhood, among other firms.…
The crypto market is riding high as “Uptober” delivers on its historical promise. Bitcoin hovers near a new all-time high, Ethereum pushes toward $4,500, and altcoins are catching fire.But one token stands out: BNB, formerly known as Binance Coin, is up 24% in the past month and flashing technical signals that suggest either a moonshot…
In brief A California judge dismissed a class-action lawsuit against Yuga Labs, ruling that Bored Ape Yacht Club NFTs are not securities. The judge found key differences from other NFTs plausibly deemed securities, noting Bored Ape buyers used third-party marketplaces, and that creator royalties weakened financial ties between Yuga and holders. The ruling gives Yuga…
In brief Samsung has integrated Coinbase access within its wallet app in the United States. The feature lets Samsung device owners more easily purchase cryptocurrency from their phones. Samsung has been immersed in crypto for years via phone integrations, investments, and enterprise blockchain moves. Tech giant Samsung has expanded its collaboration with crypto exchange Coinbase…
In brief DeFi ecosystem 1inch has rebranded with a new 1inch.com domain, reflecting its commitment to user experience and decentralized finance’s growing importance for institutions. Co-founder Sergej Kunz argued that DeFi will become “indistinguishable” from traditional finance. 1inch has teamed up with Coinbase to integrate its Swap API into the crypto exchange’s app. DeFi ecosystem…
In brief Ethereum hit a two-week high of $4,500, defying recent bearish sentiment in traditional markets. Options data show a short-term bullish shift for October, but longer-term sentiment remains cautious. Analysts anticipate a bullish breakout in the fourth quarter if institutional treasuries resume their buying spree. Ethereum briefly climbed to a two-week high of $4,500…
In brief Standard Chartered’s Global Head of Digital Assets Research has argued in a research note that Bitcoin could soon reach a new all-time high, and keep climbing to $135,000. Analyst Geoff Kendrick said Bitcoin has deviated from a pattern that previously saw prices fall 18 months after the halving. Kendrick added that he expects…
In brief Crypto markets have swung bullish this week, shifting odds dramatically back in favor of new all-time high marks for Bitcoin and Solana. Predictors believe Bitcoin is much more likely to hit $125,000 before $105,000, as it topped $121K on Thursday. Speculation about a Polymarket token is picking up steam, but predictors don’t expect…
In brief XRP surged above $3 today after weeks of sideways actions and bearish sentiment. Prediction market users on Myriad say there’s a 55% chance XRP hits $4 before dumping back to $2. The charts suggest caution. Here’s why. After weeks of sideways chop, XRP—the cryptocurrency created by the founders of Ripple—is making another run…
