Everything web3, crypto, defi, degen
In brief Ethereum wallet provider MetaMask will team up with payments services provider Stripe, according to a since-deleted governance proposal. A number of major financial services organizations and others are working on stablecoin initiatives or weighing them. U.K. bank Standard Chartered has predicted that the stablecoin market could reach $750 million by the end of…
In brief Crypto exchange Bullish started trading on the New York Stock Exchange Wednesday. At peak, the price of BLSH more than tripled the initial offering price. The company is the latest in the space to have a popular debut on traditional markets. Shares of crypto exchange Bullish more than tripled the offering price Wednesday, signaling…
ETH NEARS ATH, SOL BREAKS $200, PUMP BACK TO ICO PRICEETH & SOL soar, BTC dominance below 60%. ETH ETFs see $2.3b of inflows in 6 days. SOL breaks $200, DeFi TVL at three year highs. BitMine upsizes offering to buy ETH to $25bn. Crypto sentiment jumps to ‘Greed’ in a week. Institutions now hold…
In brief Investors put over $1 billion into Ethereum ETFs on Monday, breaking the single-day record. The surging investment shows that people finally understand the cryptocurrency, Bloomberg analyst Eric Balchunas told Decrypt. Ethereum’s price is now close to breaking a new all-time high, topping $4,500 on Tuesday for the first time since 2021. Investors threw…
In brief Circle shares popped over 11% in pre-market trading Tuesday after a bullish Q2 earnings report. The report also included news that the company plans to launch its own blockchain, Arc, in the fall. However, Circle also posted a quarterly loss of $482 million, which the company said was incurred almost entirely by IPO-related…
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 mixed ahead of CPI; ETH leads +2% to $4,280 ETH ETFs post first $1B day; Tom Lee acquires 1.2M ETH…
In brief Jeff Bezos’ Blue Origin is accepting cryptocurrency payments for flights to space. Crypto holders can use Bitcoin, Ethereum, and Solana to snag their seat on the firm’s New Shepard spacecraft. Crypto payments are facilitated by global payments firm, Shift4. Amazon founder Jeff Bezos’ rocket and space exploration firm Blue Origin is now accepting…
In brief Chinese tech giant Ant Group has said claims it’s working on a rare earth RMB stablecoin are false. It comes amid exploration of stablecoin uses by Chinese e-commerce firms. Hong Kong’s stablecoin regulatory regime has been a key driver for increased interest. Chinese tech giant Ant Group has denied online rumors that it…
In brief Coinbase is raising $2 billion in convertible notes for acquisitions and general corporate purposes amid analyst concerns over Q2’s 25% revenue drop. Two Seas Capital, Core Scientific’s largest shareholder with 6.3% stake, opposes the $9 billion all-stock sale to CoreWeave as “inadequate valuation.” Block Inc. added 108 Bitcoin to its corporate treasury in…
In brief Predictors on Myriad are leaning bullish on Bitcoin, believing it will hit $125K before it dips to $105K. A new market asks whether or not SharpLink Gaming will reach its 1 million ETH milestone before September 16, though predictors are skeptical. Vitalik Buterin has been vocal about the Ethereum layer-2 roadmap and predictors…
