Fartcoin Price Collapses by 50% After Failed Manipulation Bet
A massive manipulation attempt involving the meme coin ‘Fartcoin’ led to a dramatic 50% drop in its price. A consortium of wallets tried to inflate Fartcoin’s value on Hyperliquid, a…
Virginia’s Crypto Developer Challenges Trump Legacy in Congressional Bid
As November’s midterms approach, a new wave of legislators could join Washington, potentially introducing America’s first crypto developer as a congressman. Joe Schiarizzi, an experienced Ethereum developer, announced his candidacy…
Banks Exercise Caution with Stablecoins Amidst Market Expansion, S&P Global Reports
Despite experiencing rapid growth, banks are proceeding cautiously with stablecoins due to early-stage strategy considerations and escalating structural concerns, according to a new report by S&P Global Market Intelligence. The…
Meta and CoreWeave Expand Partnership with $21 Billion Deal for NVIDIA AI Superchips
In a significant expansion of their previous collaboration, valued at up to $14.2 billion, Meta (META) and CoreWeave (CRWV) have agreed on a new partnership worth approximately $21 billion. Under…
Commodities Volatility Spurs $31 Billion Weekly Volume in Tokenized Perpetual Swaps
In the first quarter, trading of tokenized traditional assets saw a notable surge, with commodity and equity-linked perpetual swaps amassing billions in weekly volume. This has enabled continuous trading across…
Morgan Stanley’s New Bitcoin ETF Initiates with Significant Purchases and Fee Competition
On April 8, Morgan Stanley launched its spot Bitcoin exchange-traded fund (ETF) under the ticker MSBT on NYSE Arca, achieving $34 million in trading volume and selling 1.6 million shares…
Morning Brief: Iran’s Crypto Demand for Strait Oil Transit and Financial Highlights
Daily analysis by Tyler Warner. Views are personal and not representative of Decrypt. Discover our daily news show, available on Apple Podcast or Spotify. According to the Financial Times, Iran…
Fartcoin Leads Altcoin Decline with Significant Drop
While Bitcoin remains above $71,000, seeking stability, several altcoins have suffered steep declines, with Fartcoin experiencing the sharpest fall. The meme coin plummeted 28% from its Thursday morning high to…
Market Dominance by Bitcoin’s $80,000 Bullish Bet
The bitcoin (BTC) market sentiment has shifted significantly after a prolonged period, with investors now betting on a potential surge to $80,000. On Deribit, which holds a significant portion of…
Bitcoin Struggles Near Resistance Level Amid Analysts’ Divergent Views
Bitcoin remains stalled below its early-February resistance level, trading at approximately $71,200 and ether (ETH) at $2,185. Despite a positive shift from the recent US-Iran ceasefire, market sentiment has not…