Everything web3, crypto, defi, degen
In brief Bitcoin dominance dropped to 57.79% as traders rotate into altcoins like XRP, BNB, and Solana ahead of expected SEC ETF approvals. Despite the decline, analysts forecast Bitcoin could reach $140K-$145K by year-end, with institutions continuing to pour over $2 billion into ETFs this week. Major altcoins are outperforming Bitcoin short-term, with Solana up…
In brief Ethereum founder Vitalik Buterin has defended the network’s long exit times for unstaking ETH. Exit times for unstaking ETH now exceed 40 days and have drawn criticism from within the crypto industry. Buterin argued that friction in unstaking is necessary to maintain Ethereum’s security. Ethereum co-founder Vitalik Buterin has defended the network’s long…
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 mostly rally post-FOMC; BTC at $117,300 SOL jumps 5% as Forward Industries announces $4B ATM BNB crosses $1,000 for first…
In brief Crypto markets have posted broad gains following the Federal Reserve’s quarter-point rate cut. Hyperliquid’s USDH stablecoin has been “attracting liquidity across the board from many institutions,” according to an analyst. The momentum now hinges on project-specific catalysts, with altcoins more exposed to volatility than Bitcoin, experts told Decrypt. Avalanche (AVAX) and Hyperliquid (HYPE)…
FED DECISION TODAY, CZ MAY BE RETURNING, CREATOR COINS HEAD SOUTHBTC taps $117k, BNB leads L1s ahead of Fed decision. Whale moves $116m BTC after 11-year dormancy. Binance nears deal to end DoJ compliance monitor. CZ updates X profile, sparks Binance return rumours. 67% fund managers don’t hold crypto: BofA survey. Crypto execs set to…
In brief Forward Industries, the largest publicly traded Solana treasury company, filed to raise $4 billion through an at-the-market equity offering to expand its SOL holdings. The company’s stock (FORD) fell 8.2% following the announcement, while the proceeds could more than double the $3.1 billion currently held in Solana treasuries. DeFi Development Corp. also registered…
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 mostly flat into FOMC, Bitcoin leads +1% to $116,300 Binance in talks with US DOJ to end its compliance monitor…
In brief Layer 1 tokens take the lead as investors prepare for the highly anticipated FOMC meeting. Analyst attributes XRP, BNB, and Hyperliquid’s out-of-pocket performance to coin-specific development. With altcoin open interest briefly surging above Bitcoin’s, investor appetite continues to remain elevated. With the Fed’s crucial interest rate decision in less than 12 hours, a…
In brief Pump.fun pays token creators a percentage of every trade placed on their meme coin, leading the devs to do weird things to boost its price. From a man pouring coffee over himself to a spinning egg, the platform has it all at the moment. It’s led believers in Pump,fun to hail the dawn…
In brief Publicly traded firms are starting to stack up Solana in addition to Bitcoin and Ethereum. The top firms have already amassed more than $2.5 billion in SOL. The leader, Forward Industries, maintains a balance of nearly 7 million SOL on its own. Michael Saylor popularized the digital asset treasury when his firm Strategy…
