Everything web3, crypto, defi, degen
In brief Altcoin Season Index data suggests market rotation as Bitcoin dominance drops. Ethereum continues to build momentum while Bitcoin’s appears to stall. But one altcoin stood above the rest today: Crypto.com’s Cronos, or CRO. Here’s why Grab your umbrellas crypto traders, it looks like altcoin season might be here again.Altcoin season refers to periods…
In brief Fenwick & West moves to dismiss lawsuit alleging the law firm aided FTX’s multi-billion dollar fraud, arguing it had no knowledge of wrongdoing. Firm claims it only provided “routine and lawful legal services” despite bankruptcy examiner finding “exceptionally close relationships” with FTX leadership. Lawyers argue plaintiffs are recycling allegations from a dismissed case…
In brief Webull has launched crypto trading for Australian users, with access to 240 digital assets and a 30 basis point spread through Coinbase Prime. Experts say Australian exchanges charge double the spreads of international peers for major cryptocurrencies like Bitcoin and Ethereum. The launch follows Webull’s Monday announcement of resuming U.S. crypto trading after…
In brief Extreme heat acts like a lifestyle toxin, accelerating aging by 8–11 days per degree of exposure—with outdoor workers aging up to 33 days faster under the same conditions. Researchers found that heat shortens telomeres and strains the liver, lungs, kidneys, and heart, compounding long-term disease risks. Cooling strategies, hydration, and water-based exercise can…
In brief Hut 8’s expansion plans mean its stock will rise and is worth buying, according to investment bank Benchmark. The Bitcoin miner on Tuesday unveiled plans to develop 1.53 gigawatts of new capacity across four U.S. sites. Hut 8 earlier this year signed a deal to contribute its Bitcoin mining equipment and help debut…
In brief Standard Chartered projects ETH could reach $7,500 by end of year and $25,000 by 2028 based on current adoption trends ETH ETFs have accumulated over $8B since July with major corporate buyers like BitMine and SharpLink stacking aggressively Ethereum’s yield advantages through staking and DeFi utility make it potentially stronger than Bitcoin as…
In brief Nasdaq-listed Kindly MD filed an automatic shelf registration for up to $5 billion. The move follows a $679 million Bitcoin purchase through its subsidiary. Analysts warn Bitcoin-focused treasuries may drain liquidity from altcoins. Nasdaq-listed healthcare firm Kindly MD filed an automatic shelf registration statement with the SEC on Tuesday, electing to distribute up…
In brief On-chain data shows a 13% drop in adjusted transfer volume, signaling weaker demand. Spot Bitcoin ETFs saw continued outflows, adding to macro-driven selling pressure. September has averaged negative returns for Bitcoin, compounding cautious sentiment. Bitcoin’s bounce on Tuesday may offer a brief respite for investors, but experts are warning that a deeper “cooling-off…
In brief Ethereum sank below $4,350 early Tuesday before gaining ground. Fundstrat managing partner Thomas Lee predicted that ETH would not fall below $4,000. Lee expects ETH to surpass $5,000 in the near future. Fundstrat Head of Research Tom Lee predicted that Ethereum would hit a temporary bottom Tuesday before beginning a climb beyond $5,000,…
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 SubstackGM!Today’s top news: Crypto majors red but moving higher after Trump moved to fire Fed Governor Lisa Cook ETH ETFs see $444M in net inflows,…
