Briefly
- Trump Media broadcasts $6.4B CRO treasury partnership with Crypto.com, sending CRO up 160% in two days to 3-year highs
- Bitcoin rises 1.5% to just about $113,000 whereas Solana leads majors with 4% positive factors and DeFi TVL reclaims January ATH of $11.76B
- ETH ETFs see $307M inflows and meme cash stay steady with PUMP leaping 9% after $10M+ buyback disclosure
Morning Minute is a day by day publication written by Tyler Warner. The evaluation and opinions expressed are his personal and don’t essentially replicate these of Decrypt. Subscribe to the Morning Minute on Substack.
GM!
In the present day’s high information:
- Crypto majors proceed rebound, SOL leads; BTC at practically $113,000
- Solana DeFi TVL reclaims ATH of $11.76B not seen since January
- CRO token soars 160% in 2 days following Trump Media treasury information
- PUMP jumps 9% after staff discloses $10M+ in buybacks final week
- OpenSea introduces its onchain copilot ‘OpenSea MCP’
🏛️ Trump Household Expands Crypto Empire With CRO
The Trump household is getting their palms into much more crypto pockets.
The market likes it (at the least for now)…
📌 What Occurred
Trump Media, in partnership with Crypto.com, introduced plans to construct a $6.4B Cronos (CRO) treasury.
The deal will combine CRO instantly into Reality Social and different Trump-linked platforms, powering rewards, subscriptions, and funds throughout the ecosystem.
Key particulars of the partnership:
- Treasury construct: Trump Media and Crypto.com will amass a $6.4B CRO treasury, positioning the token as a core asset inside the Trump crypto empire
- Product integration: CRO will likely be embedded into Reality Social and Reality+, enabling subscriptions, rewards, and person incentives
- Timing: The transfer comes as Ethereum and Bitcoin treasuries dominate headlines, and but Trump Media is shifting downstream to the 14th largest crypto asset.
Market response: The announcement despatched CRO hovering greater than 60% to $0.37. It has now gained 159% on the week ($37B FDV) and making 3-year highs.
🗣️ What They’re Saying
“The Trump household is constructing probably the most influential crypto empire on the earth,” wrote one analyst, noting that CRO now joins Bitcoin, Ethereum, and different holdings in Trump Media’s rising digital asset stack.
🧠 Why It Issues
This deal cements the Trump household as arguably probably the most aggressive political dynasty in crypto.
And that’s possible good (close to time period) and dangerous (long run).
It’s clearly good for CRO holders from a value motion perspective, and that token is prone to see continued flows.
And it’s arguably good for the broader crypto ecosystem close to time period to see the Trump household proceed to speculate, because it indicators they’ll proceed to work in the direction of implementing coverage to permit crypto to thrive in America (and coverage that makes quantity go up).
However as soon as once more, the Trump household goes even deeper and changing into extra intertwined with crypto—and the Democrats see that.
If a shift in energy occurs, the blowback may very well be swift.
And now one other crypto token is vulnerable to an enormous crash.
I suppose for now—let the great occasions roll.
However let’s hold monitoring the scenario…
🌎 Macro Crypto and Memes
A number of Crypto and Web3 headlines that caught my eye:
- Crypto majors had been inexperienced, led once more by SOL; BTC +1.5% at $113,000, ETH even at $4,600, XRP even at $2.99, SOL +4% at $213
- CRO (+58%), PUMP (+9%), RAY (+7%) and MNT (+7%) led to movers
- ETH ETFs pulled in one other $307.2M in web inflows, whereas BTC tallied $81.4M
- Solana DeFi TVL has returned to its ATH degree of $11.74B, final seen in January 2025
- Former Polymarket and Kalshi staff members have raised $15M from Coinbase and others to construct an onchain, permissionless prediction market
- The Solana Coverage Insitute has pledged $500,000 to the Tornade Money staff protection
- Rex-Osprey filed to record a BNB staking ETF, extending the tokenized yield ETF push
- The CFTC adopted Nasdaq’s SMARTS to surveil crypto derivatives and prediction markets, aiming to flag manipulation
- “Know Your Issuer” tech pilots with USDC and PYUSD are aimed at curbing counterfeit tokens
- VersaBank kicked off a U.S. pilot for bank-insured tokenized deposits on Ethereum, Algorand and Stellar as a stablecoin various
- Thailand’s ex-PM is assembly with crypto traders to try to make it a regional crypto hub
In Company Treasuries
- Metaplanet introduced plans to boost one other $880M through inventory sale to purchase extra Bitcoin
- Falconedge accomplished a pre-IPO increase with plans to construct a BTC treasury
In Memes
💰 Token, Airdrop & Protocol Tracker
Here is a rundown of main token, protocol and airdrop information from the day:
🤖 AI x Crypto
Part devoted to headlines within the AI sector of crypto:
- Total market cap up 12% to $13.2B, leaders had been inexperienced
- FARTCOIN (+5%), VIRTUAL (+1%), TIBBIR (-7%), aixbt (+3%) & ai16z (+4%)
- OPAIUM (+14%), SPLAT (+12%) and FXN (+11%) led high movers
🚚 What is going on in NFTs?
Right here is the record of different notable headlines from the day in NFTs:
- ETH NFT leaders had been combined; Punks -3% at 45.5 ETH, Pudgy +3% at 10.3, BAYC even at 9.7 ETH
- Moonbirds broke via the two.8 ETH wall and ran to three.1
- ACK’s ‘The Damaged Keys’ noticed a brand new ATH sale of $165,000
- Bitcoin NFTs had been principally inexperienced once more, led by Quantum Cats (+23%)
- Summary NFTs had been principally crimson, led by Jupis
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