Everything web3, crypto, defi, degen
In brief Tesla CEO Elon Musk praised Bitcoin’s energy-based foundation on Tuesday, suggesting its value comes from the impossibility of faking energy, unlike fiat currency which governments can debase. This marks a shift from 2021 when Musk criticized Bitcoin’s electricity consumption as “insane,” and Tesla stopped accepting BTC payments over environmental concerns. Tesla currently holds…
In brief Microsoft allegedly used an exclusive Azure agreement from 2019 to control compute supply to OpenAI, keeping ChatGPT prices artificially high while developing competing AI products. When OpenAI began buying compute from Google in June 2025, token prices reportedly dropped 80 percent within weeks, which plaintiffs say is evidence of the restraint. The lawsuit…
In brief Bhutan’s national digital ID platform will issue credentials through Ethereum. The system, initially built with Cardano developer IOG, is scheduled to undergo a full migration by early 2026. Observers warn that putting national IDs on public blockchains might raise privacy risks despite greater transparency. Bhutan has integrated its National Digital Identity platform with…
In brief Options data indicate limited Bitcoin upside, as implied volatility drops following the Black Friday crash. Market makers’ long gamma positioning is suppressing rallies and stabilizing prices. Analysts see a potential drop to $100,000 in the near term but remain bullish long-term. Bitcoin is sailing into calmer waters following last week’s tumultuous event, which…
In brief Bitcoin dropped from $121,000 to $106,000 on Friday after Trump announced 100% tariffs on China, triggering $19 billion in liquidations within 24 hours. The crash hit leveraged traders on centralized exchanges hardest, with 1.6 million positions liquidated as the timing—after market close—left crypto as the only outlet for investor reaction. Leverage amplifies both…
In brief Bitcoin bounces back to $115K, but the technical picture suggests traders lack conviction. Ethereum shows the weakest trend strength among the three majors, despite reclaiming $4,200. Solana faces conflicting signals with bearish short-term momentum fighting bullish long-term structure. The crypto market just lived through another violent reminder that leverage is a double-edged sword.…
In brief Strategy raised $27 million by issuing preferred shares. The firm bought Bitcoin at an average price of $123,500 last week. Bitcoin still hasn’t recovered fully from last week’s crash. Strategy, the world’s largest corporate holder of Bitcoin, said that it spent $27 million on the asset last week, but it appears that the…
In brief Crypto ETPs drew $3.17 billion in inflows last week, pushing 2025’s total to a record $48.7 billion. Friday’s market crash saw minimal ETF outflows of just $159 million, suggesting retail investors held positions while institutional traders remained largely unaffected. Bitcoin briefly dropped below $110,000 over the weekend but is recovering, with Ethereum showing…
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.🧨 A Historic Flush: ~$19B in Crypto LiquidationsFriday wasn’t just a bad day for crypto.It was the worst day in crypto’s existence.And all due to a miscommunication at…
In brief MARA Holdings purchased 400 BTC worth $46.29 million from institutional liquidity provider FalconX. The purchase comes as Bitcoin rebounded to $114,763 after the largest liquidation event in crypto history wiped out over $19 billion in positions last Friday. Analysts say the acquisition points to the firm’s confidence that Bitcoin has “more room to…
