Morning Minute is a daily written newsletter Tyler Warner. The analyses and opinions expressed are his own and do not necessarily reflect the analysis of decoding. Subscribe to Morning Moment Subsack.
GM!
Today's Top News:
- Crypto Majors Soar, led by ETH and SOL. Bitcoin beats $120,000
- Tom Lee files raising $200 billion ATMs for more ETH. ETH +9% to $4,700
- Ethzilla Stock (ATNF) pops 300% after ETH purchases.
- 130% after announcing OKB Token Jump's new buyback program
- Coinbase introduces the Stablecoin Fund to deepen Defi's liquidity and help the protocol grow
💰 Tomley's Bitmine is all in on Ethereum
You may be tired of reading about Eth Treasuryco's race, but sorry – that's the biggest story in town.
And the story just entered a surprising (huge bullish) new chapter.
📌What happened:
Bitmine Immersion (BMNR), led by FundStrat's Tom Lee, has submitted to boost inventory offered in the market from $4.5 billion to $24.5 billion.
Yes, yeah, another $200 billion for ETH purchases!
The company already has around 1.15 million ETH of about $500 million in supply, equivalent to about 1% of its supply and currently wants to scale it to 5%.
Ethereum rose ~10% on the news, passing $4,600 and extending the 70% YTD rally.
🗣️What they are saying:
“I can beat all your ETH Bear arguments in one sentence. Tom Lee submitted to expand his ETH Buys by $20 billion.” – Ryan Adams, Bankless
“Tom Lee wants to buy $200 billion worth of ETH in a year. 5% of total ETH supply. 12 times faster than Michael Saylor at the pace to achieve in 2026. -Ripdoteth, x
This is why $eth appears to be rising in a straight line. You should use it as it is likely that you will do everything tomorrow. They need so much cash to unfold, so any dip can be eaten
– djohnson (@djohnson_cpa) August 13, 2025
🧠Why is it important:
ETH bids are currently endless.
Tom Lee and Joe Rubin will be looking to accumulate between $200 billion and $30 million in ETH over the next few months.
In the case of the outlook, that amounts to $100 million to $150 billion in Bitcoin.
This is because ETH ETF has only set a new daily record of $1 billion in net inflows (again, equivalent to $500 million in net BTC inflows).
This is an insatiable demand and there is no selling pressure to slow this rally in the short term.
ETH goes to ATHS and immediately.
The waiting room is open – and Tomley has a door…
🌎 Macro Cryptography and Memes
Some ciphers and Web3 headings that caught my eye:
- The CRYPTO major was very green after the mixed results of CPI. BTC +2%$120,700, ETH +9%$4,680, XRP +4%$3.28, Sol +201 at 15%
- united nations (+130%), Fartcoin (+30%), Aero (+23%), Ray (+20%) LED Top Movers
- ETH ETF Seeing $1.02 billion in net inflows on Monday, breaking new records ($178.1 million for BTC)
- Coinbase We have announced the new Stablecoin Bootstrap Fund to deepen Defi's Stablecoin liquidity and help teams grow their protocols
- Patrick Whitt It is expected to succeed Bo Hines as Trump's crypto advisor
- Etro Crypto trading revealed that it accounted for 91% of its quarter total revenue, trading digital asset transactions as the company's main source of revenue
- Round We have announced that we will provide 10 million shares.
- Jeff Bezos' Blue Origins We've begun to accept space flight codes
- To the Kwon He pleaded guilty to fraud that tied to his role at Terra Luna for a maximum period of 12 years in prison.
Ministry of Finance of Corporate
- BMNR Filed a new ATM to raise up to $200 billion (up from $4.5 billion) to buy more ETH
- ethzilla (atnf) Peter Thiel has disclosed 7.5% ownership, has owned 82.186 ETH and has popped 300% after sharing that he has $238 million in cash on hand.
- Metaplanet and a smarter web company Added 518 BTC and 295 BTC to finance, respectively
With memes
- Memecoin Reader It's very green on the day. Doge +12%, Shiba +9%, Pepe +10%, Pengu +9%, Bonk +12%, Trump +8%, SPX +6%, and Fartcoin +30%
- orange He was the new runner of the day, jumping from 18x to 14 million dollars. The new Pepe token ran 4,000% and was $8 million
- NUB (+44%) and FWOG (+33%) were other prominent Solmeme movers. The jug jumped 69% to $5.4 million
token, airdrop, protocol tracker
This is a summary of the major tokens, protocols and airdrop news of the time.
- okx Announces a new buyback program for OKB Reserve, bringing OKB up 140%
- Yet It reached a $400 million milestone just 14 days after reaching $300 million
- Odin Exploited for $7 million in sophisticated fluid drainage
- rectdrink Telling about future collaborations with Bass with the catchphrase “something is brewing.”
- opensea Announces a new AI creator contest with a prize of $10,000 and XP, and the chance to work at Opensea.
ai x crypto
Section dedicated to the AI sector headings of the Cryptocurrency:
- Overall market capitalization The leader was extremely environmentally friendly, up 8% to $13.2 billion.
- fartcoin (+30%), Virtual (+8%), Tibbir (+15%), AI16Z (+13%) & AIXBT (+8%)
- Gambling (+50%), yne (+50%), and realis (+42%) Led Top Mover
What's going on in nfts?
Here's a list of other notable headlines for the day for the NFTS:
- ETH NFT leaders were red and revised after the ETH rally. Punk – 4%52.5 ETH, Pudgy – 1%14.45, Bayc – 3%13 ETH
- Cryptofish (+60%) and Azure (+8%) He was a top renowned mover.
- cryptopunks ETH Travel to $250,000 Floors to $4,600
- Bitcoin NFT was mostly green or led by Adderrels +75%
- Summary NFT Leaded by Noah's Ark (+30%) is mainly red
- Beeple His next NFT event will be hosted by Danny McBride, and the 2'Politics is Bulldy” edition was purchased for 52 ETH each
