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 chop, SOL leads at $220; BTC at $112,300 Several crypto mining stocks soar on back of Oracle report of AI…
In brief Minister Jayant Chaudhary’s crypto investments grew 19% to $25,500 (₹21.31 lakh), marking the second year a Union minister disclosed digital asset holdings amid policy uncertainty. Mudrex’s survey of over 9,000 Indians revealed that 93% support crypto regulation, while 84% call the current 30% tax rate unfair compared to 12.5% equity taxation. The RBI’s…
In brief The conditions were outlined in a letter published Tuesday by Sen. Ruben Gallego, the top Democrat on the Senate Banking Committee’s Subcommittee on Digital Assets. The letter underscored the willingness of the group to pass crypto legislation so long as it was meaningfully bipartisan. The letter also requests numerous additions to the Senate…
In brief Multiliquid CEO Will Beeson has argued yield is important for stablecoins to scale in a competitive market. The GENIUS Act banned issuers from paying interest but leaves openings for third-party arrangements. Banks have warned loopholes could drive trillions in deposits out of the U.S. banking system. The clash between Wall Street and the…
Upbit, South Korea’s largest exchange by volume, confirmed plans on Tuesday to launch its own Ethereum Layer 2 network, GIWA, as part of a broader infrastructure push, a month after trademark filings hinted at the project.Shortly before the confirmation, Dunamu CEO Oh Kyung-seok teased details of the project in a keynote speech at the Upbit…
In brief An Ethereum ICO whale from 2015 moved $645 million worth of ETH from three wallets to a staking service. The whale still holds $1.1 billion in ETH. A Myriad Linea prediction market shows more than 70% of respondents believing that ETH will hit $5,000 by year’s end. An Ethereum whale that scooped up…
In brief The SEC unveiled a new rulemaking agenda proposing major rollbacks of crypto asset regulation, with nearly half of 20 new rules focused on digital assets. Planned reforms include creating rules for crypto asset issuance and trading, redefining key terms like “dealer,” and allowing crypto on U.S. securities exchanges. SEC Chair Paul Atkins said…
In brief Whales have increased their ETH holdings by 14% in the past five months. The uptick in interest comes amid massive institutional interest surrounding the second-largest crypto. Ethereum’s year-to-date returns and ETF inflows have both outpaced Bitcoin’s, showing the pivot in narrative. Ethereum’s outlook is flipping increasingly bullish as whale cohorts ramp up their…
In brief CFTC Commissioner Kristin Johnson warned Wednesday that prediction markets have “too few guardrails” while capturing unprecedented retail funds. Her farewell speech coincided with the CFTC approving Polymarket’s U.S. return through its $112 million QCX acquisition. Johnson criticized firms that “rent or buy” licenses to quickly pivot to prediction market contracts after obtaining regulatory…
In brief Crypto balances in the country’s self-managed pension funds doubled in early 2024 before flattening around $3B by June 2025. Listed shares, cash, and property remain the dominant allocations in SMSFs. Such funds are “cautious by design,” Decrypt was told. Australian self-managed retirement funds held A$3.02 billion (US$1.9 billion) in cryptocurrencies at the end…
