Everything web3, crypto, defi, degen
In brief REX Shares and Osprey Funds have filed for a BNB ETF, which would seek to stake most of its assets. The filing has been submitted under the Investment Company Act, as with the Rex-Osprey Solana + Staking ETF that debuted in July. The fund would be listed on Cboe BZX Exchange, and its…
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 A coalition of 114 crypto companies and tech lobbying groups sent a letter to the Senate Banking Committee demanding strong legal protections for software developers in any upcoming crypto market structure bill. The letter emphasized that developers of decentralized software should not face criminal liability for how others use their programs, comparing public…
In brief The U.S.’s recently passed stablecoin law has heightened pressure on Europe to accelerate digital euro plans. Deploying on Ethereum or Solana could expand global use of the currency, Decrypt was told. Yet privacy, governance and banking stability remain key concerns for officials. European officials are considering whether to issue the digital euro on…
In brief WLFI is expected to become tradable on Monday The token could decimate retail investors, analysts at Compass Point said. A lot of WLFI tokens were earmarked for insiders and early supporters. Analysts at investment bank Compass Point expect potential pitfalls for investors in the World Liberty Financial token when it hits the market…
In brief Commerce Secretary Howard Lutnick announced his department will begin issuing economic data “on the blockchain,” framing the move as part of the Trump administration’s embrace of crypto. Lutnick did not clarify which blockchain would be used or how the system would benefit government operations. The initiative could extend beyond the Commerce Department, as…
In brief Kanye West said Tuesday that his Instagram was hacked to promote a fake YZY token. The unofficial token briefly spiked to a $7 million market cap before crashing down to around $160K. Kanye’s real token has fallen 81% from its all-time high and trades around a $73 million market cap. Kanye West’s official…
STRATEGY BUYS $357M IN BTC, ETH INFLOWS $1B+ IN 3 DAYS, NEW SOLANA DATSBTC falls to $108k then rebounds. $758m of liquidations as market falls. Biggest BTC deviation from Global M2 in 2 years. ETH ETFs see $1bn+ inflows in 3 days. HYPE leads L1s, buybacks to now be 99% of fees. Strategy buys $357m…
In brief Bitwise has filed with the SEC for a Chainlink ETF that would directly hold LINK tokens, using Coinbase Custody as the custodian. The ETF would offer in-kind creation and redemption, allowing investors to exchange LINK tokens directly for shares. LINK traded around $24.27 following the news, down 1.1% amid broader crypto market weakness.…
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,…
