Everything web3, crypto, defi, degen
CRYPTO ALL GREEN, PPI TODAY, PUMP & IP LEAD ALTSCrypto mixed ahead of PPI, SOL outperforms. ETH ETFs get inflows after 6-day outflow streak. Metaplanet upsizes discounted $1.4b raise. KindlyMD commits $30m in Metaplanet equity raise. Sharplink buys back 1m shares. Ethena joins race for HYPE stablecoin. Native Markets favourite to win HYPE stablecoin race.…
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 SharpLink Gaming began buying back shares of SBET as part of its $1.5 billion share buyback program. The firm repurchased 930,000 shares at an average price of $15.98 for around $15 million worth of SBET shares. SBET shares jumped 4.4%, but have fallen more than 31% on the month. Ethereum treasury SharpLink Gaming…
SharpLink Gaming Will Be A ‘Positive White Swan Event’ for Ethereum (Interview with Joseph Chalom)Joseph Chalom, co-CEO of SharpLink Gaming, speaks on if crypto treasury firms will prompt this cycle’s black swan event, how it plans to change its staking strategy, and why he thinks Satoshi Nakamoto may return.
In brief Sharplink (SBET) shares fell 11% after announcing plans to stake ETH on Linea, now trading at $15.73. 82.5% of prediction market users on Myriad doubt the company will reach its 1 million ETH target by September 16. Analysts say aggressive share issuances to fund ETH purchases are diluting existing investors and making the…
In brief BitMine Immersion Technologies bolstered its Ethereum treasury and now holds more than 2 million ETH. The firm’s Ethereum holdings have hit $9 billion, extending its lead over other ETH treasury firms. BMNR invested $20 million in a publicly traded firm undertaking a Worldcoin strategy, sending OCTO shares up 3,000%. Bitcoin miner turned Ethereum…
In brief Bitcoin’s pseudonymous creator, Satoshi Nakamoto, disappeared in 2011. SharpLink Gaming co-CEO Joseph Chalom thinks Nakamoto will return as Bitcoin faces a quantum computing threat. Nakamoto is linked to nearly 1.1 million Bitcoin, valued at over $120 billion. Bitcoin’s elusive, pseudonymous creator Satoshi Nakamoto has remained in the shadows since his last message in…
In brief The LINEA token will begin its airdrop process on September 10. More than 9 billion tokens will be available to early users when the claim opens. An additional 75% of the total supply will ultimately be distributed to ecosystem participants. Ethereum layer-2 network Linea aims to use its upcoming LINEA token as an…
In brief SharpLink Gaming plans to stake part of its $3.6 billion ETH holdings on Linea network for higher yields, moving beyond traditional custodians Anchorage and Coinbase. SEC and CFTC leaders announced they’re considering 24/7 trading markets to align with crypto’s always-on nature, marking another potential Trump administration change to financial markets. Bitcoin miners hit…
In brief SharpLink Gaming will explore staking part of its Ethereum holdings to the Linea network once it hits mainnet, as the firm looks to expand its yield-bearing opportunities. Joseph Chalom, co-CEO of SharpLink, told Decrypt that the treasury company is currently staking almost the entirety of its holdings through its custodians, but this is…
