Everything web3, crypto, defi, degen
In brief PENGU has jumped by double digits over the past 24 hours, following its appearance in the earnings report of a publicly traded digital asset exchange. Predictors on Myriad think it’s likely that the meme coin will climb an extra 34% to $0.05, rather than dipping to $0.02. The Pudgy Penguins’ NFT collection has…
In brief The standards bar leveraged and inverse trusts from using the generic path. Eligible assets must already be traded on regulated, surveilled markets or backed by an existing ETF. Solana and Litecoin ETFs could arrive within weeks, with Dogecoin and others in line, Decrypt was told. The U.S. Securities and Exchange Commission signed off…
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 mostly flat into FOMC, Bitcoin leads +1% to $116,300 Binance in talks with US DOJ to end its compliance monitor…
In brief Layer 1 tokens take the lead as investors prepare for the highly anticipated FOMC meeting. Analyst attributes XRP, BNB, and Hyperliquid’s out-of-pocket performance to coin-specific development. With altcoin open interest briefly surging above Bitcoin’s, investor appetite continues to remain elevated. With the Fed’s crucial interest rate decision in less than 12 hours, a…
In brief Markets are expecting the Federal Reserve to cut interest rates on Wednesday. The price of Bitcoin has risen this week but some analysts aren’t expecting the asset to rise on the announcement. Instead, traders will be paying attention to Fed Chair Jerome Powell’s comments after the decision, analysts told Decrypt. Bitcoin has typically…
In brief Bitwise has filed to debut an ETF giving investors exposure to AVAX, the 19th-biggest digital coin by market cap. The S-1 filing comes as Dogecoin and XRP ETFs are expected to hit the market this week. Asset managers are hoping to get the green light for a number of altcoin ETFs. Crypto asset…
In brief Publicly traded firms are starting to stack up Solana in addition to Bitcoin and Ethereum. The top firms have already amassed more than $2.5 billion in SOL. The leader, Forward Industries, maintains a balance of nearly 7 million SOL on its own. Michael Saylor popularized the digital asset treasury when his firm Strategy…
In brief XRP and DOGE ETFs are expected to debut this week. The exchange traded funds come from Rex-Osprey and are filed using the Investment Company Act of 1940. Other XRP and DOGE ETFs are seen as “near locks” for approval later this year. Traditional investors in the United States will be able to gain…
In brief Bitcoin miner BitMine Immersion holds $10.7 billion on its balance sheet. The Nasdaq-listed firm said nearly $10 billion of that is in Ethereum. BitMine also holds Bitcoin and cash, the company said. Bitcoin miner BitMine Immersion has over $10.7 billion mostly in Ethereum on its balance sheet, the company announced on Monday. The Nasdaq-listed…
DOGE is having its day (again), with Dogecoin putting up enormous gains on the week amid growing corporate and institutional interest in the O.G. meme coin.Dogecoin has surged by nearly 13% over the last day alone, topping the $0.30 mark on Saturday morning for the first time since the start of February. At a current…
