Decrypt
Latest crypto news and market updates from Decrypt.
Bitcoin Climbs Higher as $1.2 Billion in Shorts LiquidatedThe largest cryptocurrency surged 7.9% in a day to around $77,000, triggering a short squeeze that wiped out roughly $1.21 billion in bearish bets amid a wave of favorable news from Washington.Decrypt
Citi to Launch Bitcoin Custody as Wall Street Pushes Deeper Into CryptoThe banking giant plans to let institutional clients hold Bitcoin and traditional assets through the same custody framework.Decrypt
Why Bitcoin Barely Moved Even as US Inflation Cools to 3.4%The tamest U.S. inflation print in months left crypto markets flat, with Bitcoin shrugging off the data hit. Here's why.Decrypt
XRP, Bitcoin Whales Are Accumulating—Is the Bear Market Nearly Over?On-chain data shows big holders quietly buying XRP near $1, yet the daily chart is still trapped below a death cross.Decrypt
Morning Minute: Bitcoin's New $15M Quantum Defense FundPlus, the Clarity Act is no longer expected to progress before the August recess. And Vlad Tenev's X was hacked to post a meme coin...Decrypt
Bitcoin May Have Already Bottomed—If the Fed Helps, Says GrayscaleThe crypto asset manager thinks the four-year cycle is dead, suggesting Bitcoin's price will follow macro forces and the Fed's next move.Decrypt
Morning Minute: Wall Street Moving Onchain Will Drive the Next Bull MarketAt least that's what Bitwise's CIO believes. Plus Republicans publish new Clarity Act draft, and the SEC Commissioner has a warning for DeFi.Decrypt
Bitcoin Is Bouncing: Here’s the Bull and Bear Case for Its Next MoveThe good news: Bitcoin is holding onto key support, and rising. The bad news: a "death cross" is still active, and prediction markets are still overwhelmingly bearish.Decrypt
Morning Minute: OpenAI Model Escapes Containment, Hacks Hugging FacePlus, the BTC ETFs stay green. The Clarity Act hits a wall over who enforces the ethics rules. And Jack Mallers walks away from XXI Capital.Decrypt