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 flat; BTC at $62.7k

ETH Foundation to cut budget by 40%, layoff 20% of staff

BlackRock formally recommends 1-2% portfolio allocation to BTC

Hayes’ Maelstrom publishes bull case for CARDS token (CARDS +15%)