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Company

Dastan

Parent company of Decrypt and operator of the Myriad prediction market, a disclosed affiliation in the reporting.

Current stories

invest3 publishersConfirmed

Bitcoin gains 0.9% after August core PCE comes in at 3.0% against 3.3% expected

Bitcoin rose 0.9% to $84,376 after August core PCE came in at 3.0%, below the 3.3% economists expected. Lower odds of an October Fed hike did little for a market whose September rally ran on ETF inflows that have since faded.

Perspective Coverage

3 publishers
Builder
Builder 5%
Operator
Operator 15%
Investor
Investor 80%

Reality

Evidence70
Adoption
Insufficient
Hype gap+25
Incentives40
Confidence65
invest3 publishersConfirmed

Four more weeks at this pace takes Bitmine to 5% of Ethereum's supply

Bitmine holds 5,983,940 ETH, 4.9% of supply, and the 121,060 tokens still missing cost about $325m at its own reference price, a bill its cash balance covers twice over. Tom Lee expects institutions in the fourth quarter.

Perspective Coverage

3 publishers
Builder
Builder 7%
Operator
Operator 17%
Investor
Investor 76%

Reality

Evidence62
Adoption45
Hype gap+22
Incentives80
Confidence65
invest4 publishersConfirmed

Robinhood buys into OG.com at the $5bn mark Citadel set in July

Robinhood is paying Citadel's July price for an undisclosed minority slice of the venue that will clear volume Robinhood can move at will, which makes OG.com a fourth supplier rather than an owned engine.

Perspective Coverage

4 publishers
Builder
Builder 24%
Operator
Operator 32%
Investor
Investor 44%

Reality

Evidence62
Adoption42
Hype gap+34
Incentives78
Confidence68