Plus, BTC is red this morning despite $233M in ETF inflows yesterday; and NY State is trying to shut down Kalshi and seeking $36B in damages
Coinbase posted $8.2B Q2 loss versus Wall Street's $2.15B forecast as Bitcoin fell below $75.5k. The firm added 11% to Bitcoin and maintains 2+ years of dividend reserves—signaling long-term conviction in enterprise crypto adoption despite volatility.
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.GM!Today’s top news:
Crypto majors are red while stocks grind higher; BTC -2% at $63.7k
BTC ETFs see $233M in net inflows, 2nd biggest day since early May
Coinbase posts surprise loss in Q2 earnings; Strategy books $8.2B loss
NY AG files petition to shut down Kalshi, seeks $36B in damages
Another $1.79B in ETF outflows last week certainly isn't helping—but if history repeats, there is reason for hope.
Massive ETF outflows just sent crypto sharply lower. Jefferies says the next crypto IPO wave could create a $1T public market.
U.S. spot Bitcoin ETFs closed their first positive week since May, but a big week ahead will likely determine crypto's near-term…
The fallout from Strategy's BTC sale keeps spreading, while Bernie Sanders and Elizabeth Warren want crypto out of your 401(k).
The ETF flows finally flip. Trump defends his billion-dollar crypto payday. And a rare set of signals says a bottom may be…
Plus crypto broadly falls following memory stock slide, Coinbase leans into memes with new feature, and the Fomo app sets a new…
