Everything web3, crypto, defi, degen
In brief London-listed web design and marketing firm The Smarter Web Company has appointed Jesse Myers to steer its Bitcoin strategy. Myers, author of the “Once-in-a-Species” newsletter, created a valuation model that inspired the Bitcoin 24 framework that Michael Saylor employed at Strategy. Smarter Web plans to hold reserves in both cash and Bitcoin, in…
In brief A long-dormant Bitcoin whale, inactive for seven years, has reawakened to sell a portion of its Bitcoin holdings. The investor used the proceeds to open massive leveraged long positions on Ethereum, a move experts view as a strategic bet on ETH’s future growth. This rare transfer could increase market volatility, but analysts believe…
In brief YZY surged to a multibillion-dollar valuation within an hour of launch before tumbling. The token is framed as part of a broader “YZY Money” payments ecosystem. On-chain data shows 70% of supply sits in a single wallet, raising centralization concerns. Hip-hop artist Kanye West has made his first direct move into crypto with…
In brief Options data indicates that Bitcoin traders are split, with nearly equal bullish and bearish block trades. Experts suggest markets will be closely watching for Powell’s tone if there’s no clear decision surrounding rate cuts. They also said crypto’s bullish market structure remains intact in the long term. Bitcoin traders are entering a high-stakes…
In brief Crypto equities have largely underperformed Bitcoin and Ethereum over the past month. Top stocks like MSTR and COIN rebounded Wednesday after starting the day in the red. Recent crypto IPOs and digital asset treasuries have been red over the last week too. Shares in leading publicly traded crypto companies and digital asset treasuries…
In brief Crypto markets have decidedly shifted from “greed” to “fear” as the rally cools and uncertainty sets in. Even still, crypto majors like Ethereum and Solana are showing resilient signs. The day’s biggest overperformer, though, may come as a surprise: Is Chainlink making a comeback? Crypto markets appear to be entering a cautious rebound…
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 are red again, down another 2%; BTC at $113,200 Wyoming introduces its stablecoin FRNT, first-ever from a public entity Goldman…
In brief Over $500 million in long positions in the crypto market were liquidated in the past 24 hours. Bitcoin and XRP prices are holding to support levels, but there are caution flags being waved. Ethereum, meanwhile, continues to show strength despite the dip. The crypto market is painting the charts red today, with a…
In brief Metaplanet has bought a further 775 BTC for $93 million to bolster its corporate treasury. The Japanese firm’s Bitcoin stash is now worth roughly $2.17 billion, despite Bitcoin’s downturn over the weekend. Analysts told Decrypt that steady buying can tighten liquidity and raise near term volatility. Metaplanet Inc. bought an additional 775 Bitcoin…
In brief Canary Capital CEO Steven McClurg sees Bitcoin hitting $150K by year’s end before a 2026 bear market sets in. McClurg dismissed Ethereum, backing newer blockchains like Solana and Sui. Another analyst warned against dismissing Ethereum due to its app and developer dominance. Bitcoin could climb as high as $150,000 before the end of…
