Everything web3, crypto, defi, degen
In brief DeFi Development Corp. is boosting its share repurchase program from $1 million to $100 million. The firm will consider buying back shares from the open market when its mNAV trades below 1. DFDV is up about 4% on the day, but down 12% in the last week of trading. Shares in Solana treasury…
In brief Solana is underperforming major cryptocurrencies due to higher leverage exposure, facing $31.6 million in liquidations over 24 hours as investors deleverage and take profits. Recent corporate treasury moves by Forward Industries and DeFi Development Corp were already priced in, one analyst said, triggering a “buy the rumor, sell the news” sell-off once announced.…
In brief Helius Medical Technoligies (HSDT) shares are down more than 16% on Monday. The firm announced it acquired 760,190 SOL in its first Solana acquisitions, valuing its treasury at $168 million. It maintains an extra $335 million in cash, which it will ultimately use to bolster its treasury. Shares in medical device and neurotech…
In brief Bitcoin and Ethereum ETFs attracted $1.9 billion in net inflows last week, driven by investor optimism following the Federal Reserve’s first rate cut of the year. BlackRock’s iShares Bitcoin Trust dominated with $866 million in deposits, while XRP and Solana ETPs also saw strong demand at $69.4 million and $127.3 million respectively. Despite…
The crypto landscape is evolving faster than ever before, drawing in a new wave of mainstream investors. We’re here to simplify that journey, making crypto investing smarter, more accessible and easier for everyone. That’s why we’re excited to launch Bundles – an innovative new feature in the Kraken platform that lets you buy diversified portfolios…
In brief Rex-Osprey launched XRP and DOGE ETFs, and the SEC debuted streamlined listing standards for commodity-based trust shares. Forward Industries became Solana’s first $1 billion treasury company, with Helius planning a $500 million SOL treasury raise KindlyMD shares dropped 54% after filing S-3 registration, releasing $200 million in discounted shares that created sell pressure…
CRYPTO FALLS, STOCKS HIT ANOTHER ATH, SOL DEFI COINS SOARAVAX & NEAR lead L1s, most alts fall. XRP, DOGE ETF debut, $50m day 1 combined volume. MetaMask token coming ‘very soon’. Michigan BTC bill moves forward after delay. Brera Holdings launches $300m SOL DAT. ETH Fusaka upgrade scheduled for December. Plasma TGE set for 25…
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 retreat after post-FOMC rally; BTC -1% at $116,300 Joe Lubin confirms MetaMask token coming “very soon” Plasma sets mainnet debut…
In brief Sports holding company Brera Holdings is becoming a Solana treasury, the Nasdaq-listed firm announced Thursday. The company’s stock rocketed 500% on the news after receiving big backing to buy the cryptocurrency. It is the latest in a crowded market of altcoin treasuries—but it promises it will be different. The race to build the…
BTC & SOLANA JUMP UP, BNB CROSSES $1,000, HYPE HITS ATHCrypto majors mostly rally post-FOMC; BTC at $117,300. SOL jumps 5% as Forward Industries announces $4B ATM. BNB crosses $1,000 for first time; CZ bull-posts ASTER (+400%). Hype hits new ATH at $59; Project X announces its Phase 2. TokenWorks & PNKSTR announce perpetual machine…
