Everything web3, crypto, defi, degen
In brief Evernorth is a new publicly traded digital asset treasury focused on accumulating the Ripple-linked asset, XRP. The firm’s treasury will be built with more than $1 billion in net proceeds, with contributions from Ripple and notable crypto firms. Ripple executives, including CEO Brad Garlinghouse, will act as strategic advisors to the firm. Ripple…
In brief Bitcoin funds experienced $946 million in outflows last week following the October 10 market crash triggered by President Trump’s tariff threats, with losses concentrated in U.S.-listed products. While U.S. investors pulled money out, European and Canadian investors bought the dip, with Germany, Switzerland, and Canada recording net inflows during the downturn. Altcoins saw…
In brief Gemini is launching a Solana version of its Gemini Credit Card. Users can earn SOL on every purchase and automatically stake it to boost their rewards. The exchange also offers Bitcoin and XRP versions of the card. Publicly traded crypto exchange Gemini expanded its credit card suite on Monday, unveiling the Solana Card—a…
In brief Experts believe that some crypto traders are selling as they are following the classic four-year cycle rulebook. Historically, Bitcoin has followed a four-year cycle (with altcoins following suit), and believers are fearful a crash is looming. However, many analysts believe that the classic four-year cycle will be broken due to institutional adoption and…
In brief The total market cap of all cryptocurrencies fell 5.9% to $3.64 trillion Friday morning, its lowest level since July 2025. The sell-off was driven by a “flight to safety” amid fears over U.S. regional bank stability. Liquidations hit $1.09 billion as major altcoins slid, with BNB seeing the largest decline. The cryptocurrency market…
In brief Ripple has bought corporate treasury management firm GTreasury for $1 billion. It’s Ripple’s third major acquisition this year after buying primer brokerage Hidden Road and stablecoin platform Rail. Ripple CEO Brad Garlinghouse said the deal would reduce friction and costs of “outdated payments systems.” Fintech Ripple announced Thursday that it bought software firm…
In brief Bitcoin broke below $110,000 Thursday morning, dragging top altcoins down in a broad sell-off. The drop triggered $524 million in liquidations as the total market cap fell 3.1% to $3.85 trillion. Options data shows heavy bearish betting, with traders pricing in more downside risk. The cryptocurrency market extended its losses on Thursday with…
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 red again as Trump confirms trade war; Bitcoin at $111,200 Paxos accidentally mints $300T PYUSD onchain before burning Erebor Bank…
In brief The channel was briefly compromised late Wednesday, promoting a Solana-based token. An hour later, the PGL YouTube channel, run by the Romanian esports organizer behind Valve-sanctioned tournaments, was also reportedly hijacked to stream a fake Bitcoin giveaway. Decrypt independently verified screenshots of the compromised Dota 2 channel before the content was removed. The…
In brief Advertising firm Thumzup is considering adding DOGE as a reward payment alternative in its mobile app. Currently, users can earn cash for providing content about advertiser’s products. Initial assessments show integrating DOGE may lower costs and add value to the rewards pool. Publicly traded digital asset treasury and advertising firm Thumzup Media is…
