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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. And check out our new daily news show covering all of the top stories in 5 minutes, downloadable on Apple Pod or Spotify.GM!Today’s top news: Crypto majors are slightly red, Solana leads; BTC at $58.5k 140 businesses team up for Open USD launch, taking aim at Circle and Tether CRCL stock falls 17% in wake of Open USD launch Trump disclosure shows $1.2B in crypto profits; $50M+ in BTC holdings Citi cuts its 12-month BTC price target…
Goldman Sachs says that the market remains in a bullish phase and that corrections are buying opportunities. On a new episode of the bank’s The Markets podcast, John Flood, head of Americas Equities Execution Services in Goldman Sachs Global Banking and Markets, says to expect market volatility and to invest when stocks decline in value to catch the upside. “I still think that we’re in buy dip mode. Reminder that we’re stepping into the Russell rebalance [Friday], which we typically see bouts of volatility heading into, and a week ago from [Thursday], as we were just talking about the Knicks…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure TL;DR XRP daily active addresses have reportedly risen about 72% over a two-week period.At the same time, derivatives leverage has cooled, which can make spot and on-chain signals easier to read.The data is constructive, but it does not guarantee an XRP price breakout. XRP is showing a cleaner on-chain signal after a sharp increase in daily active addresses coincided with a reduction in speculative derivatives leverage. For traders, that combination is worth watching because it suggests the market may be relying a little less on crowded leveraged…
In brief TD Cowen lowered its price target for Strategy by 35%, citing Bitcoin’s lingering weakness. The investment bank expressed a positive outlook on Strategy’s sweeping capital management framework. Analysts said Strategy’s decision to shore up $2.55 billion in cash should address some investor concerns. TD Cowen slashed its price target by 35% for shares of Strategy (MSTR) on Tuesday, recalibrating expectations as Bitcoin continues struggling to build momentum.Analysts led by Lance Vitanza lowered their price target for Strategy to $260 from $400 to reflect Bitcoin’s “observed ongoing weakness,” according to a note. The investment bank now foresees the digital…
Bitcoin is close to losing $58,000, and the test below that level is whether the buyer stack that defined the post-ETF bull case still holds.Near $58,522 with an intraday low near $58,135, the market is asking whether anyone will buy in size at current prices, and the answer depends on two pillars of demand that have both weakened in recent weeks.For most of the ETF era, bulls could point to a predictable answer. Regulated ETF wrappers created a repeatable demand channel, advisors and institutional allocators absorbed dips, and Strategy’s accumulation program turned every sell-off into a buying opportunity for the…
In brief The Dutch Public Prosecution Service has asked a Rotterdam court to declare crypto platform Knaken bankrupt in “the public interest.” Knaken has been offline since early June, leaving an estimated 30,000 customers unable to access their funds, and operated without the AFM license now required under EU rules. A separate criminal investigation by the FIOD saw investigators search premises and seize devices and assets on Monday, with no arrests so far. Dutch prosecutors are trying to force a collapsed crypto platform into bankruptcy to protect tens of thousands of customers locked out of their money.The Public Prosecution Service…
A closely followed crypto analyst is suddenly turning bullish on one Ethereum (ETH) rival. Pseudonymous trader Cheds tells his 375,200 followers on X that Solana (SOL) is primed for a massive breakout as it rallies towards a key level. The analyst says if Solana increases more than 6% from its current value SOL would confirm a bullish trend. “SOL is absolutely massive spot here as price pushes up into the underside of lost support, DMA 50 (50 Day Moving Average) and upper BB (Bollinger Bands) on daily. Also has double negative bearish divergence with OBV (On-Balance Volume), two new unsupported…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure TL;DR SUI (13.72M tokens, ~$9.4M) and EIGEN (36.82M tokens, ~$8.7M) unlock on July 1, 2026, while ENA unlocks ~$3.12M on July 3, 2026, as part of a $73M weekly vesting release. The key caveat: Avoid stating that unlocks trigger immediate sell-offs; market makers often hedge these supply events beforehand. For traders, the story matters because it affects how capital, liquidity or confidence is being priced across crypto right now. What Happened SUI, ENA And EIGEN Lead $73M Token Unlock Wave This Week. The update comes from…
In brief A Michigan judge barred Kalshi from offering sports prediction markets in the state for 14 days. The court said the markets could cause irreparable harm, particularly to young users, while the case proceeds. The ruling is the latest clash in the nationwide fight over whether prediction markets offer illegal gambling. Kalshi has blocked all users in Michigan from accessing sports-related wagers, following a key ruling against the prediction market platform in state court.On Monday, a circuit court judge in Ingham County issued a temporary restraining order temporarily prohibiting Kalshi from offering sports markets in the state for 14…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure TL;DR Dogecoin open interest fell below $960 million (from $1.7 billion) due to long liquidations, while Solana open interest climbed to $5.5 billion, indicating rotational futures positioning. The key caveat: Clarify that open interest decreases show long unwinding rather than active short positioning. For traders, the story matters because it affects how capital, liquidity or confidence is being priced across crypto right now. What Happened Solana And Dogecoin Futures Tell Different Stories As Longs Unwind. The update comes from Tokenpost, with the core claim checked against…
July 1st, 2026 – Dubai, UAE Utorg, a crypto wallet and card platform built on institutional-grade infrastructure, today announced it has received full authorization under the EU’s Markets in Crypto-Assets (MiCA) regulation, effective July 1, 2026 – the date on which the industry’s transitional period ends and unauthorized providers can no longer legally serve European users. The company, which also provides regulated crypto rails, wallets and stablecoin infrastructure to businesses across 130+ countries, is among a small number of platforms to have completed the full authorization process and is now cleared to operate across all 29 EEA member states, a…
In brief New York Life Investment Management, which oversees $807 billion in assets, has teamed with blockchain platform Centrifuge to launch its first-ever tokenized fund. The fund keeps NYLIM’s existing investment process intact, but allows eligible investors to access it on-chain, with transactions settled in USDC. The deal reflects a growing trend of Wall Street firms experimenting with tokenization to modernize operations and tap into DeFi markets. New York Life Investment Management, one of the country’s largest active asset managers, is moving a piece of its fixed-income business onto the blockchain, partnering with tokenization platform Centrifuge to offer a high-yield…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure TL;DR XLS-65 (Single Asset Vaults) and XLS-66 (Lending Protocol) amendments are officially open for voting on the mainnet, with consensus currently at 20% (7 of 35 validators). Requires 80% consensus for 14 days to activate. The key caveat: Emphasize that credit approval and underwriting remain off-chain; the native on-ledger protocol only manages settlement logic, loan servicing, and interest accrual. For traders, the story matters because it affects how capital, liquidity or confidence is being priced across crypto right now. What Happened XRPL Lending Proposal Opens Door…
In brief Anthropic launched Claude Sonnet 5 on Tuesday at $2 per million input tokens and $10 per million output tokens through August 31, after which pricing reverts to $3/$15—still a fraction of Opus 4.8’s $5/$25 rate. On Anthropic’s own evaluations, Sonnet 5 is virtually tied Opus 4.8 on the GDPval-AA v2 knowledge-work benchmark. Sonnet 5 ships with no special restrictions while Fable 5 and Mythos 5 remain suspended for general usage under a June 12 export control directive. Anthropic released Claude Sonnet 5 on Tuesday, calling it “the most agentic Sonnet model yet.” It’s the default model for Free…
The U.S. office of Government Ethics released President Donald Trump’s annual financial disclosure on Tuesday, revealing sizable earnings from his various cryptocurrency ventures in 2025.The report, which totals over 900 pages, details income and financial holdings from the president’s many businesses, with crypto featuring prominently among the largest line items.In total, President Trump earned more than $1.2 billion from crypto ventures. Trump also reported holding over $50 million in Bitcoin and between $5 million and $25 million in Ethereum, among other digital assets.President Trump earned just over $635 million from his meme coin alone, coming almost exclusively from the royalties…