Decrypt News

Big venture money is betting on consumer crypto again. Michael Saylor is raising cash to defend his preferred stock. And Ethereum's biggest treasuries just funded a new research lab.

STRC finding a new low and another $227M in ETF outflows weren't enough to keep Bitcoin down over the past week. But new Iran peace deal uncertainty has markets wobbling.

The wall between crypto and TradFi continues to breakdown as the race to be the top everything exchange heats up. I'm TylerD, and here are your top crypto stories for today, wednesday, June 17th.

Hyperliquid just hit a new ATH on back of its SPCX market. Michael Saylor is stacking Bitcoin and hoarding cash at the same time. And exchange volumes hit a multi-year low.

Crypto rebounded big over the weekend as The 3 market overhangs of the Iran War, SpaceX IPO and ETF outflows appear to be lifting. But can they be trusted?

Crypto is slipping as war headlines heat back up and Anthropic’s Mythos release lands with less impact than expected. Crypto tax reform just hit a wall in the House. And Morpho raised one of the biggest DeFi rounds we’ve seen in a long time.

Saylor is back to buying Bitcoin. Citrini just called Hyperliquid a buy. And Sam Bankman-Fried is formally asking Trump for a pardon.

BTC is recovering after a nasty selloff on friday . ZEC rebounded 45% after its latest proposal combatting exploit concerns. And its a big week for crypto in congress.