Stocks traded lower at open on Thursday, with the Dow Jones Industrial Average falling nearly 200 points as the market reacted to a hotter-than-expected inflation report. Summary Stocks fell as the producer price index came in hotter than expected. Dow dropped sharply before showing a slight recovery, while Bitcoin slipped from all-time highs of $124k
A truly exciting development is currently unfolding in the corporate world, capturing significant attention within the digital asset space. Nasdaq-listed Jeffs’ Brands is making a bold and strategic move, announcing plans to invest a substantial sum – up to $75 million – into an innovative Jeffs’ Brands crypto treasury strategy. This ambitious venture signals a
The crypto market staged a sharp rebound in July, with total market capitalization climbing 14% from the previous month to $3.7 trillion, Wall Street bank JPMorgan (JPM) said in a research report Thursday. Average market cap rose 12% in the same period, driven by broad-based gains across tokens, decentralized finance (DeFi), non-fungible tokens (NFTs) and
Stablecoin protocol USD.AI, which provides credit to artificial intelligence (AI) companies, has raised $13 million in Series A funding led by Framework Ventures. USD.AI, developed by Permian Labs, issues loans to emerging AI firms using graphics processing unit (GPU) hardware as collateral, cutting approval times by more than 90% compared with traditional lenders. The on-chain
Inflation concerns were re-ignited during U.S. morning hours Thursday, sending risk assets — crypto among them — sharply lower. The July Producer Price Index (PPI) rose 0.9%, blowing past estimates for 0.2% and 0.0% in June. On a year-over-year basis, PPI was higher by 3.3% versus forecasts for 2.5% and June’s 2.4%. Core PPI, which
Leading cryptocurrency Bitcoin (BTC) surged again last night, surpassing $124,000 to reach a new record. This surge was driven by growing institutional interest and optimism surrounding a Fed rate cut, with a 95.8% chance of a Fed rate cut in September. While some experts argue that it is still unclear whether the FED will cut
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 soar and then retrace ahead of PPI BTC hits new ATH of $124,128 overnight ETH reaches $4,780 on
BlackRock has crossed a new milestone in its digital asset strategy, with cryptocurrency holdings now at $103.98 billion as of August 14, 2025, according to Finbold analysis of data from blockchain intelligence platform Arkham. The portfolio includes $89.27 billion in Bitcoin (743,310 BTC) and $14.71 billion in Ethereum (3.2 million ETH). Notably, this marks a