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 flip green, HYPE leads; BTC +1% at $63.5k
- Trump expected to meet crypto and prediction market CEOs this week
- SafePal data breach exposes 40,000 customers’ details
- Paul Tudor Jones starts buying IBIT again after selling for a year
- Basecat runs 20x, BNB sees a $40M runner and RH Chain cools off in memes; ANSEM rebounds to $260M
🏛️ Trump Is Expected to Meet Crypto’s CEOs at the White House This Week
President Trump is expected to attend a White House meeting on Wednesday with the CEOs behind crypto, prediction markets, and AI. The gathering is happening just before the inaugural meeting of the CFTC’s new Innovation Advisory Committee the next day.
The committee’s members include the chief executives of Coinbase, Ripple, Gemini, Robinhood, Polymarket, and Kalshi, alongside the heads of CME Group, Nasdaq, Intercontinental Exchange, and the DTCC. CFTC Chairman Mike Selig is expected to attend, and sources say Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick may join. The Thursday CFTC session opens with a panel pointedly titled “Crypto’s Regulatory Evolution: From Uncertainty to Clarity.”
The meeting is happening at a very important time for crypto, which is in a real crossroads moment. On one hand, it signals an administration going all-in on the industry as its regulators write friendly rules. The SEC just delayed its “innovation exemption” for tokenized stocks, and the CLARITY Act remains stuck in the Senate, its fate tied to whether Trump will accept tighter ethics restrictions on his own crypto dealings. So the president is convening crypto’s most powerful executives for a show of support at the exact moment the actual policy wins keep slipping.
The time for meetings and talking are behind us. It’s time for action. Hopefully this group can get it kickstarted…
🌎 Macro Crypto and Markets
- Crypto majors are slightly red on the week after an overnight reversal;BTC -2% at $63.5k; ETH -1% at $1,900; SOL -1% at $75; HYPE +9% at $59.15
- Top alt moverson the day include Pump (+7%), ZEC (+6%), Ondo (+5%) and MNT (+3%)
- Oil+0.5% at $82.5; Gold +0.5% at $4,460
- Stock futuresare mixed ahead of the Monday open; DOW -0.2%, Nasdaq +0.5%
- Trump’s World Liberty Fi won a conditional bank charter, clearing the way for its USD1 stablecoin, with the OCC granting preliminary approval for a Florida national trust bank that would take over USD1 issuance from BitGo
- SafePal disclosed a data breachexposing ~40,000 customers' names and home addresses through an order-tracking plug-in flaw
- Israel’s largest bank, Leumi,launched Bitcoin and Ethereum trading, becoming the country’s first major bank to offer regulated crypto trading
- Paul Tudor Jones’ firmboosted its stake in BlackRock’s Bitcoin ETF, adding to IBIT after a year of selling, a notable reversal from the billionaire macro investor
- Tether is pushing into AI, with plans for on-device AI apps in developing markets spanning health, finance, and sports
- Perps trading for stocks on CEXshas gone up 79x so far in 2026 to $142B as of Aug 16
Corporate Treasuries & ETFs
- The Bitcoin ETFssaw $56M in net outflows on Friday ($390M outflows for the week); the ETH ETFs saw $0M in inflows on Friday and $2.26M for the week
Meme Coin Tracker
- Meme leaders were mostly red on the week;DOGE even, SHIB -5%, PEPE -11%, PENGU -12%, TRUMP -6%, BONK -6%
- Robinhood chainsaw big pullbacks across the board as Cashcat fell to $100M and Stonkbroker fell 40%; Printer (+80%) and Wall (+30%) were top movers
- Solana leadersincluded Ansem (+11% to $260M), Layooo (+33x) and Billy (+141x); Cupsey also jumped 40% to $13M
- Basecatran 20x to $14M after its X account was followed by Cobie; 牛来 ran to $40M on BNB over the weekend
💰 Token, Airdrop & Protocol Tracker
- Hyperliquidhit its highest level of Open Interest since 10/10
- Pump.fundoubled Hyperliquid in revenue in the past week with $11.5M (Hyperliquid had $5.7M)
🚚 What is happening in NFTs?
- NFT leaderswere red; Punks even at 31.7 ETH, BAYC -1% at 8.05 ETH, Pudgy -3% at 3.8 ETH; Stonkbrokers -7% to 9.95 ETH
- Quotrons (+80%), RH Machines (+33%) and Stackers(+35%) led top movers
- FWA introduced its FWAir launches as a new mechanism for creators to drop NFT collections on the FWA protocol