Everything web3, crypto, defi, degen
In brief The crypto market is poised to close in the green for September as Bitcoin rallies above $114k. Altcoins like ADA and DOGE, though, aren’t faring nearly as well. Technical indicators and prediction market data diverge on the near and long-term market view. The crypto market is nursing another day of modest losses—but they’re…
In brief Phantom designed its own stablecoin—CASH—to underpin its new consumer financial platform Phantom Cash. Phantom Cash will offer unique features like peer-to-peer transactions, a Visa debit card, and rewards on unspent CASH. The wallet provider raised $150 million in January at a $3 billion valuation. Popular Solana crypto wallet Phantom unveiled CASH, a new…
In brief Ethereum gaming metaverse The Sandbox will soon have its own layer-2 network. SANDChain aims to be the core infrastructure built to empower the creator economy on-chain. The network will use The Sandbox’s SAND token as its native gas and utility token. Ethereum gaming metaverse The Sandbox will soon have its own creator-focused blockchain…
In brief The SEC issued a “no action” letter to Solana-based project, DoubleZero The regulator indicated that its 2Z token does not resemble a security. The token is set to debut on Friday alongside its mainnet launch. The U.S. Securities and Exchange Commission issued a “no action” letter to DoubleZero on Monday, effectively blessing the…
ASTER VS HYPERLIQUID, XPL BULL & BEAR CASE, DAT TRADE IN TROUBLEBitcoin strength continues, altcoins mixed. Various l1 etfs may be approved very soon. Sec-cftc turf war is over: pham. Sec willing to engage with token issuers: pierce. Senate committee to meet to examine crypto taxes. Wisconsin may open up licenses to crypto firms. Strategy…
BTC LEADS, GOVERNMENT SHUT DOWN FEARS, L1 ETFS MAY COME SOONBitcoin strength continues, altcoins mixed. Various l1 etfs may be approved very soon. Sec-cftc turf war is over: pham. Sec willing to engage with token issuers: pierce. Senate committee to meet to examine crypto taxes. Wisconsin may open up licenses to crypto firms. Strategy buys…
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 green but pulling back after Monday rally; BTC at $113k SWIFT partners with Consensys to bring payments onchain SEC &…
In brief Starknet began letting users stake Bitcoin on Tuesday. The network pays out rewards in Starknet’s STRK. The Starknet Foundation is distributing 100 million in STRK incentives. Bitcoin became a core part of Starknet’s ecosystem on Tuesday, as the Ethereum layer-2 network began using the asset as a way to secure itself, according to…
In brief Stablecoin network Plasma has meme coins now after entering “mainnet beta” last week. The Trillions token hit a $60 million market cap on Sunday, before falling sharply. It references a meme at the foundation of the Plasma thesis, predicting the total stablecoin market cap to be in the trillions of dollars. A meme…
In brief BitMine Immersion Technologies added $980 million worth of ETH last week, pushing its tally to nearly $11 billion worth. BMNR stock is up more than 6% on the day, rising following the announcement. Tom Lee’s company holds the largest Ethereum treasury of any publicly traded firm, outpacing SharpLink Gaming. BitMine Immersion Technologies stock…
