Everything web3, crypto, defi, degen
In our latest Kraken Trading Spaces, Dentoshi unpacked one of the most valuable edges in trading: Spotting outperformers before the rest of the market does. With the crypto markets in a period of chop, earnings season heating up and broader macro catalysts in play, Dentoshi shared timely insights on how to identify early winners before…
BTC ATH MONTHLY, TRUMP SPOOKS MARKETS, ALTCOINS LEAD FALLSBitcoin records ATH monthly close then falls. Altcoins lead crypto sell-off after mixed earnings. SEC launches ‘Project Crypto’ to tokenise assets. Most crypto assets are not securities: Atkins. Strategy reports $10b profit despite funding costs. Coinbase earnings mixed, stock falls 10%. Coinbase to expand to tokenized RWAs,…
In brief Quantum computers threaten blockchain security by cracking private keys with Shor’s algorithm. Chains using EdDSA, like Solana and Sui, are easier to upgrade for quantum resistance. Older chains like Bitcoin face steep risks and costly upgrades, or risk leaving assets exposed. Quantum computing could one day break the cryptographic foundations that secure trillions…
In brief Steam and Itch.io removed a wide range of adult games, following Collective Shout issuing an open letter to payment processors about titles involving “rape, incest, and child sexual abuse-themed games.” Collective Shout told Decrypt that it had “discussed” also pressuring crypto payment processors to do the same and may revisit the issue in…
CRYPTOPUNKS SEE $8.2M IN TRADING VOLUME, CRYPTO MAJORS IN THE RED, PAYPAL ANNOUNCE “PAY WITH CRYPTO”Allocate up to 15% of portfolio to BTC & Gold: Dalio. Paypal launches multi-crypto payments. Metamask launches stablecoin yield, SOL staking. Interactive Brokers weighs stablecoin. Strategy upsizes capital raise to $2.8b. Marathon Digital raises $950m debt to buy BTC. BitMine…
PAYPAL EMBRACES CRYPTO, ALTCOIN TREASURIES BEGIN, STOCKS HIT ATH AGAINAllocate up to 15% of portfolio to BTC & Gold: Dalio. Paypal launches multi-crypto payments. Metamask launches stablecoin yield, SOL staking. Interactive Brokers weighs stablecoin. Strategy upsizes capital raise to $2.8b. Marathon Digital raises $950m debt to buy BTC. BitMine plans $1bn stock buyback. ETH ‘$6k…
In brief Nasdaq-listed Mill City Ventures III is the latest company to start a crypto treasury. The financial firm will buy SUI. Increasingly more publicly traded companies are buying altcoins. Bitcoin treasury firm Strategy started the trend but now companies are diving into other cryptocurrencies to put on their balance sheets—with the latest being SUI. Nasdaq-listed…
In brief Bitcoin and Ethereum ETFs hit a record $11.2 billion in monthly inflows in July, with Ethereum ETFs pulling in $1.6 billion last week alone. Ethereum ETFs have already surpassed their entire 2024 performance with $7.8 billion in inflows this year, with ETH’s smaller market cap making it easier to move. Solana and XRP…
In brief Jeff Garzik, an early Bitcoin developer, said he has a “super long-term view” of Ethereum and is bullish on it. Ethereum will continue to exist as a major project in the Web3 world, largely due to the usefulness and ubiquity of the Ethereum Virtual Machine, he said. ETH’s price soared past $3,800 this…
In brief HYPE is currently trading for just above $43. That means Hyperliquid needs a 60% surge in price for the token to hit $69.69 before September. Predictors on Myriad place the odds of that happening at 30%. Here’s what the charts have to say. Will Hyperliquid’s native token continue to ride the HYPE and…
