Decrypt
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A daily news site covering all things crypto and the decentralized web.
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Ethereum ETFs Hit Six-Week High as Investors Rotate Within Crypto

Spot Ethereum ETF inflows hit a six-week high, with analysts citing a structural rotation by institutions broadening their crypto exposure.
How One Polymarket User Turned $3K into $125K With a Single Prediction

American singer D4vd was the most Googled person this year after a girl was found dead in his car—and one Polymarket user profited from it.
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Silk Road Wallets Allegedly Connected to Ross Ulbricht Move Millions in Bitcoin

Wallets labeled with connections to defunct dark web marketplace Silk Road moved millions in Bitcoin for the first time in years.
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Ethereum Has Bottomed, Says BitMine Chairman Tom Lee—Here's Why

BitMine Immersion Technologies Chairman Tom Lee said Ethereum has bottomed—and his firm is aggressively buying as a result.
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Elon Musk Says DOGE Flagged Billions in Federal 'Zombie Payments'

In a new interview, Musk detailed how the short-lived government efficiency effort identified improper federal spending and drew political pushback.
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Bitcoin, Ethereum Waver as Fed Delivers Third Rate Cut

The central bank’s move was widely expected, with the Federal Reserve announcing the third rate cut for 2025.
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GameStop Stock Falls After Bitcoin Holdings Lose Value, Firm Says It Could Sell BTC

Markets haven’t reacted well to GameStop’s latest earnings call, where it revealed sinking Bitcoin value and retail sales alike.
'National Security' At Risk If MSCI Excludes Crypto Treasuries, Warns Bitcoin Giant Strategy

Bitcoin treasury leader Strategy argued to MSCI that excluding a crypto-buying firms from its indices would hurt America’s national security.
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A Startup Is Trying to Take the Twitter Name From Elon Musk by Force—And It Might Work

Operation Bluebird, led by Twitter's former trademark lawyer, filed to cancel X Corp's Twitter trademarks after Musk abandoned the brand. Will Musk spend millions defending a name he deliberately killed?
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Tether Pivots to Wellness Apps and Robotics in Latest Step Away from Crypto

The stablecoin giant is using its cash surplus to fund a disparate string of side ventures, from humanoid robots to calorie-counting AI.
Crypto Debanking and Efforts to 'Weaponize Finance' Must End, Says Top US Banking Regulator

Major U.S. banks denied services to crypto and other lawful businesses based on industry rather than risk, an OCC preliminary report finds.
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Elon Musk's SpaceX Moves Bitcoin Ahead of Potential Record IPO

Elon Musk's private aerospace company SpaceX moved more of its Bitcoin holdings on Wednesday ahead of reported blockbuster IPO plans.
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Official Trump Crypto Game Revealed With $1 Million in Solana Meme Coin Rewards

Trump Billionaires Club on iOS and Android will launch by year's end and offer $1 million worth of the president's meme coin as rewards.
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Bitcoin Exchange Paxful Agrees to Plead Guilty, Hit With $7.5 Million in Penalties

Authorities say Paxful was used by money launderers and other criminals—and that the Bitcoin exchange knew about it.
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Hong Kong Cardinal Calls AI a 'Gift From God' as Asian Bishops Mull Ethical Challenges

Regional church leaders met to establish guidelines for the use of AI in ministry, education, and content.
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Bitcoin Traders Bet on 2026 Boom, Not a Santa Rally, Following Fed Rate Cut

Bitcoin options traders are tempering expectations for a Santa rally and are now looking to $130,000 and $180,000 strikes in Q1, 2026.
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Bhutan Launches Sovereign Gold-Backed Token on Solana

The launch adds to Bhutan’s broader blockchain push, including Bitcoin reserves, Binance Pay integration and hydro-powered BTC mining.
Gemini Gets CFTC Approval to Launch Prediction Markets in US

The CFTC license will let Gemini offer event contracts in the U.S., joining Kalshi and Polymarket in a booming market.
Disgraced Terraform Labs Founder Do Kwon Faces Sentencing Today

The upcoming sentencing comes after the South Korean entrepreneur pleaded guilty to defrauding investors in August.
Here’s Why Bitcoin is Falling Despite the Fed's Rate Cut

Analysts say the Fed’s rate cut was priced in, driving Bitcoin lower as risks like sticky inflation and the 2026 election cycle mount.
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New Xiaomi Smartphones Will Come With Sei Crypto Wallets Preinstalled

The partnership will see a Sei “crypto wallet and discovery app” preinstalled on devices sold outside mainland China and the U.S.
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