Bitcoin (BTC) refreshed February highs on Friday as attention focused on the upcoming weekly close and a longer-term rally to $88,000. Key points: Bitcoin hits its highest levels in ten weeks as markets abandon geopolitical nerves. BTC price strength may bring back $88,000 in just two to four weeks, a trader predicts. $72,800 becomes the…
In brief Kraken parent company Payward entered into a definitive agreement to acquire Bitnomial for up to $550 million in cash and stock. The transaction values Payward’s equity at $20 billion. Bitnomial holds all three CFTC-issued licenses required to operate a full-stack domestic crypto trading and derivatives business. Payward, the parent company of cryptocurrency exchange…
In brief Autonomous AI agents run 19% of on-chain activity, losing to humans by up to a 5-to-1 margin at open-ended trading, according to a new report. Coinbase CEO Brian Armstrong says the agentic economy could soon surpass the human one. Researchers argue agents need better infrastructure before they could scale further. New research has…
Bitcoin jumped to a two-month high on Friday after Iran declared that commercial traffic could flow freely through the Strait of Hormuz amid the ceasefire between Israel and Lebanon. “In line with the ceasefire in Lebanon, the passage for all commercial vessels through Strait of Hormuz is declared completely open for the remaining period of…
Bitcoin surged above $76,000 as oil futures fell 10% after Iran’s foreign minister declared the Strait of Hormuz open for the remainder of the ceasefire between the US, Israel and Iran. Iran’s foreign minister said Friday that the Strait of Hormuz is open to commercial vessel traffic for the remainder of the current ceasefire, prompting…
Flow Capital Partners is planning to tokenize its private credit fund through Singapore-based DigiFT, Bloomberg reported Friday, as the Hong Kong credit manager looks to tap blockchain-based distribution for its next capital raise. According to the report, Flow Capital plans to bring its $150 million private credit fund on the blockchain through Singapore-based tokenization platform…
In brief SEC Chair Paul Atkins launched a new podcast with Commissioners Hester Peirce and Mark Uyeda, outlining a pro-innovation crypto regulatory agenda. The agency has dropped over a dozen crypto enforcement cases since Trump’s return to office, with actions falling 22% in fiscal year 2025. Experts say clear rules could unlock institutional adoption, but…
Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. And check out our new daily news show covering all of the top stories in 5 minutes or less, downloadable on Apple Pod or Spotify. GM! Today’s top news: Crypto majors rally…
In brief Bitcoin funding rates have remained negative for over a month even as BTC touched $76,000, signaling heavy bearish positioning. A potential uptrend could see Bitcoin revisit $125,000 in 30-60 days, Decrypt was told. Despite bullish catalysts, analysts remain cautious, highlighting $80,000 as a key trigger level; failure risks a double-digit sell-off similar to…
Tempo unveiled a new “Zones” feature Thursday aimed at giving enterprises bank-style privacy on public stablecoin rails, but not everyone in crypto is convinced the trade-offs are worth it. The payments-focused layer-1, co-developed with backing from Stripe and Paradigm, said Zones will let companies run transactions in permissioned environments while still tapping public blockchain liquidity….