Decrypt
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This Week in Coins: Bitcoin Battered But Rebounds As Meme Coin Mania Abides
From Bitcoin's mid-week plunge to the prurient LIVEMOM pump, it was a wild seven days in crypto.
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OpenAI Could Challenge Google and Perplexity With AI-Powered Search: Reports
The leader in AI could dethrone the leader in search, with web sleuths uncovering signs of a search tool linked to ChatGPT.
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Grayscale Bitcoin ETF Snaps Losing Streak, Pulls In $63 Million
After 80 days of outflows, the battered long-standing Bitcoin fund grew by $63 million.
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Most Dogecoin Holders Didn't Buy the Elon Musk Top
A strong majority of Dogecoin holders are currently in the green, even at prices well below Elon Musk-led highs in 2021.
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MicroStrategy Orange: Everything You Need to Know About Decentralized ID on Bitcoin
The largest institutional holder of Bitcoin is getting into decentralized identity. But how does MicroStrategy Orange work?
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Bitcoin Price Rebound Smashes $100 Million in Crypto Shorts
Bitcoin is back up again—and as a result, traders betting on a dip in the asset's price have had their positions liquidated.
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Bitcoin Price Leaps Over $61k Following US Unemployment Data
After a government employment report was published, showing unemployment is higher than expected, Bitcoin leaped over $61k.
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We Asked AI to Predict Kentucky Derby Winners—Here Are Its Picks
We built an AI agent and fed it bales of race horse statistics. Our HorseGPT slate matched human expert predictions well.
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Jito Price Jumps After Topping Solana DeFi Protocols With $1 Billion Locked
Jito Network became the top DeFi protocol on Solana, with liquid staking pool token JitoSOL rising by 8.5%.
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Will the Fed Cut Rates? Crypto and Wall Street Traders Aren’t Betting on It
“Just cut the rates bro please,” pleaded a down-bad trader on Polymarket.
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Bitcoin Transactions Plummet Following Absurd Runes and Halving Surge
The cost to send BTC skyrocketed immediately following the halving, but fees have since fallen back to Earth.
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Bitcoin ETFs Shed $563 Million as BlackRock's IBIT Marks First Daily Loss
Spot Bitcoin ETFs posted record daily net outflows on Wednesday as BlackRock's IBIT faltered for the very first time.
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FBI Arrests Man For Running Alleged $43 Million Crypto Trading Ponzi Scheme
The Manhattan man allegedly spent $1.7 million of investors' money on gambling debts, $400,000 on Art Direct, and his kids' private school tuition.
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Second-Largest European Bank BNP Paribas Bought BlackRock Bitcoin ETF Shares: SEC Filing
According to a 13F report, BNP Paribas purchased IBIT shares in the first quarter of 2024—albeit less than 1 BTC worth at current prices.
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MicroStrategy Is Building ‘Decentralized ID’ on Bitcoin Using Ordinals-Like Inscriptions
Michael Saylor announced the Orange protocol for decentralized identification, hoping to anchor digital identities in the dominant blockchain.