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 fall in overnight selloff, with damage accelerating this morning Bitcoin ended October red for the first time in
In their latest statements, FED members Mary Daly and Austan Goolsbee gave striking messages about the interest rate cut process, the fight against inflation, and the employment market. Both officials emphasized “maintaining balance” despite economic uncertainties. San Francisco Fed President Mary Daly stated in her speech that inflation is still above target and emphasized the
Crypto majors fell between 2–5% following a Sunday night selloff, with Bitcoin down 2% at $108,100, Ethereum off 4% at $3,720, BNB down 6% at $1,020, and Solana dropping 5% to $176. Among top movers, ASTER (+8%) and TRUMP (+3%) led the gains. ASTER initially surged 25% after CZ announced he had bought the token
Bitcoin treasury Strategy added 397 digital coins for around $45.6 million—an average price of $114,771 per coin—in one of its smaller buys in recent months amid rocky price action last week and mixed reaction to its latest quarterly earnings. The Nasdaq-traded firm—formerly MicroStrategy—now holds 641,205 BTC worth $69.1 billion at Bitcoin’s current price of $107,774.
AWS will power OpenAI’s next-generation models in a $38 billion deal as the AI firm moves beyond Microsoft. Summary OpenAI signed a $38 billion deal with Amazon to get access to its computing AWS will use its UltraServers, powered by Nvidia GPUs, for OpenAI’s models Skeptics warn that similar deals show increasing signs of an
Chainlink and FTSE Russell have joined forces in a pivotal collaboration that extends the adoption of blockchain technology. The integration brings global indices and market data on the blockchain for the first time, with decentralized finance in focus. It’s the latest in a string of key blockchain adoption initiatives involving Chainlink. FTSE Russell integrates Chainlink
Today, the US Secured Overnight Financing Rate (SOFR) increased by 18 basis points to 4.22%. This increase was the largest daily increase in the last year and raised concerns about a liquidity squeeze in financial markets. Updated chart showing the rise in SOFR data. Experts believe this surge is driven by the US Treasury’s shift
BNB Chain developers officially released the much-awaited Fermi Hardfork today, November 3. The crucial update aims to make the network more responsive and faster. Notably, it slashes block times from 750 milliseconds to 450 milliseconds, translating to a 40% enhancement in transaction speed. With version 1.6.2 live, the network will process and confirm transactions much
Bitcoin (BTC) has opened the first week of November 2025 in a bearish outlook. After closing October with a 3.69% drop, BTC price dropped 3% on Monday, November 3, to trade at about $107,259 at press time. The continued Bitcoin choppy outlook has increased its midterm fear of further capitulation. According to market data analysis