Author: Editor
It’s been a whirlwind year for the database of choice for the vibe-coding world: Supabase. On Friday Supabase announced that it raised a fresh $100 million Series E on a $5 billion valuation, led by Accel and Peak XV. This is just four months after closing its $200 million Series D on a $2 billion valuation, led by Accel, with Coatue. And that Series D was just seven months after raising an $80 million Series C led by Sequoia spinoff Peak XV and David Sacks’ Craft Ventures at an undisclosed valuation. PitchBook estimated Supabase was valued at around $765 million…
XRP has managed to break past the $3 mark in the past 24 hours, and this has given readers a glimpse of bullish momentum. However, this breakout is not yet confirmed, as the XRP price is yet to make a weekly close above this price level. The cryptocurrency is still trading within a descending channel on the weekly timeframe, and in this context, an interesting technical analysisof crypto outlines a bearish scenario of what could happen if XRP loses its current structure. Analyst Warns Of Bearish Breakdown To $1.9 There have been different bullish predictions and technical analyses for XRP…
In brief DeFi ecosystem 1inch has rebranded with a new 1inch.com domain, reflecting its commitment to user experience and decentralized finance’s growing importance for institutions. Co-founder Sergej Kunz argued that DeFi will become “indistinguishable” from traditional finance. 1inch has teamed up with Coinbase to integrate its Swap API into the crypto exchange’s app. DeFi ecosystem...
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Citibank has issued fresh 12-month price targets for Bitcoin and Ethereum, laying out a wide set of possible outcomes that range from steep drops to large gains. Related Reading According to the bank’s latest note, Bitcoin’s base case sits at $181,000, while a bearish scenario puts it at $82,000. A bullish run could push Bitcoin to $231,000 within a year. Citi Lays Out Wide Range Based on reports, Citi is avoiding a single forecast and instead gives three clear paths for Bitcoin. The bank’s bearish mark of $82,000 represents a 31% fall from Bitcoin’s current quoted price of $120,314. The…
OpenAI’s Sora app for AI videos is a viral hit, despite being invite-only for now and limited to users in the U.S. and Canada at launch. On its first day, Sora saw 56,000 downloads, and is now ranked as the No. 3 Top Overall app on Apple’s U.S. App Store, according to new data from app intelligence provider Appfigures. On Friday, October 3, it became the No. 1 app on the U.S. App Store. That puts it ahead of Google Gemini and OpenAI’s ChatGPT. The firm estimates Sora’s iOS app pulled in a total of 164,000 installs during its first…
Ethereum is once again at the center of market attention, trading at critical levels after a volatile stretch marked by uncertainty and rapid swings. The second-largest cryptocurrency has reclaimed the $4,400 level, signaling renewed bullish momentum. Investors are closely watching whether ETH can extend this recovery into a sustained breakout, with many expecting that a decisive move higher could open the path toward testing yearly highs. Related Reading Still, not all market voices are aligned. While momentum appears to favor the bulls, several analysts warn of risks that could challenge Ethereum’s upward trajectory. Concerns range from declining liquidity in certain…
A new cannabis compound that appears to have “remarkable antioxidant and skin anti-inflammatory” properties has been discovered by scientists. The isolated cannabinoid, classified as cannabizetol (CBGD), shows promise for the expanding base of knowledge regarding the therapeutic and medicinal potential of the marijuana plant. Cannabizetol is formed when two cannabinoid molecules bind together with a...
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In brief Standard Chartered’s Global Head of Digital Assets Research has argued in a research note that Bitcoin could soon reach a new all-time high, and keep climbing to $135,000. Analyst Geoff Kendrick said Bitcoin has deviated from a pattern that previously saw prices fall 18 months after the halving. Kendrick added that he expects...
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The most common question I have received over the years has been: “What happened to the sticky, stinky buds of yesteryear?”The simple answer is that the lion’s share of commercial cannabis available for sale today has been overdried, and much of what hasn’t been overdried has been improperly cured.“The volatile oil composition of fresh and...
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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 continue to grind up as Bitcoin breaks $120,000 BNB hits new ATH over $1,100 kicking off BNB SZN (Cake +...
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