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In brief Polymarket has reportedly approached the CFTC to lift the four-year ban on its main on-chain exchange. The agency’s only sitting commissioner, Chair Michael Selig, is positioned to decide on it alone. Observers say the move could pull on-chain markets into U.S. finance but risks setting a fragile precedent. Polymarket, one of the largest prediction markets in operation, has reportedly approached the U.S. Commodity Futures Trading Commission about lifting a four-year ban on American users of its main on-chain exchange.If cleared by the commission, Polymarket’s main on-chain exchange would open to American users for the first time since the…
In brief MoonPay acquired Sodot, a crypto key management infrastructure company, in an all-stock deal reportedly worth about $100 million. The acquisition forms the foundation of MoonPay Institutional, a new division targeting financial institutions entering digital asset markets. Caroline D. Pham, former acting CFTC Chairman and current MoonPay Chief Legal Officer, will lead the institutional business. MoonPay said Wednesday that it acquired Israeli crypto key management company Sodot and launched MoonPay Institutional, positioning the payment processor to serve traditional finance firms seeking digital asset infrastructure.While MoonPay didn’t disclose terms of the deal, Bloomberg reported that the all-stock deal values Sodot…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin (BTC) has moved beyond a payments network and reserve asset into a technology increasingly tied to strategic defense and cybersecurity. US military officials are now weighing its value and potential role in national security. These remarks have added to the growing discussion around how the cryptocurrency could strengthen military resilience and support national power. US Admiral Calls Bitcoin A Tool For National Security Bitcoin has entered discussions about national security after US Admiral Samuel Paparo outlined the asset’s strategic relevance during a Senate Armed Services Committee…
Make CryptoSlate preferred on Bitcoin is trading near $76,600 after reversing from an earlier intraday push toward $78,000, while crude oil trades near $103 and the S&P 500 fell as the US stock market opened.Before the US cash session, Bitcoin rose even as crude oil kept climbing, suggesting crypto-specific positioning was strong enough to resist the oil-inflation trade for part of the day.After the open, the picture turned back toward equities. The chart below shows Bitcoin rolling over as the S&P 500 moved lower, while crude oil remained elevated.That leaves two signals in tension: Bitcoin can trade independently of stocks…
In brief Polymarket has reportedly approached the CFTC to lift the four-year ban on its main on-chain exchange. The agency’s only sitting commissioner, Chair Michael Selig, is positioned to decide on it alone. Observers say the move could pull on-chain markets into U.S. finance but risks setting a fragile precedent. Polymarket, one of the largest prediction markets in operation, has reportedly approached the U.S. Commodity Futures Trading Commission about lifting a four-year ban on American users of its main on-chain exchange.If cleared by the commission, Polymarket’s main on-chain exchange would open to American users for the first time since the…
Make CryptoSlate preferred on Passive investing has become one of the most powerful forces reshaping equity markets, and the evidence is accumulating in the returns data.Bloomberg Intelligence data compiled by ETF analyst James Seyffart shows stocks with rising passive ownership have dramatically outperformed those losing passive ownership over the past three years.The market has been rewarding inclusion, ownership, and flow alongside fundamentals. The chart’s most uncomfortable implication is that the anti-passive trade has often resembled a junk drawer with small, volatile, newly listed, low-quality names that structural flows have left behind.Ownership concentration compounds over time, and the stocks inside the…
In brief Bitcoin’s recovery rally is capped between $80,400 to $82,000 due to a confluence of massive sell orders, CME gap, and key technical levels. The UAE’s OPEC exit raises oil volatility risk rather than confirming a supply surge, keeping inflation and rate expectations uncertain. Analysts see Bitcoin oscillating between $74,000 and $82,000 near-term, with de-escalation and a Fed pivot needed for a sustained breakout. Bitcoin retreated on Tuesday as the United Arab Emirates announced it would exit OPEC effective May 1, sending oil prices surging and rattling financial markets already navigating the geopolitical fallout of the U.S.-Israel conflict with…
Make CryptoSlate preferred on “Sell in May and go away” is the idea that stocks reliably underperform between May and October, and it describes a market that might no longer exist.Bloomberg Intelligence data shows the S&P 500 ETF has closed the May-October period in positive territory in 25 of the last 33 years, with only one negative summer stretch in the past decade.Bespoke data cited by Bloomberg shows the cumulative return from holding SPY is only in May-October since the ETF’s 1993 debut, at roughly 171%. That is real money, just considerably less than the 731% earned by staying long…
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 rebound 1-2% ahead of FOMC; BTC at $77.5k Paul Tudor Jones calls Bitcoin the strongest inflation hedge, better than gold Pump Fun burns $370M in tokens, announces new programmatic buy back Robinhood’s HOOD stock falls 10% on earnings miss, falling crypto revenue Polymarket in active discussions with CFTC…
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 rebound 1-2% ahead of FOMC; BTC at $77.5k Paul Tudor Jones calls Bitcoin the strongest inflation hedge, better than gold Pump Fun burns $370M in tokens, announces new programmatic buy back Robinhood’s HOOD stock falls 10% on earnings miss, falling crypto revenue Polymarket in active discussions with CFTC…
Make CryptoSlate preferred on Bitcoin’s rebound is running straight into one of the few events it can’t price in advance. After climbing back toward $80,000 on the back of renewed institutional buying and a nine-day ETF inflow streak, BTC pulled back to around $76,500 on Tuesday before recovering early Wednesday to around $77,800 as the Federal Reserve began its two-day meeting in Washington.The policy statement drops today, April 29 at 2 p.m. ET, followed by Chair Jerome Powell’s press conference at 2:30 p.m.The same rally that proved Bitcoin’s resilience has now carried it into the exact zone where that resilience…
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 rebound 1-2% ahead of FOMC; BTC at $77.5k Paul Tudor Jones calls Bitcoin the strongest inflation hedge, better than gold Pump Fun burns $370M in tokens, announces new programmatic buy back Robinhood’s HOOD stock falls 10% on earnings miss, falling crypto revenue Polymarket in active discussions with CFTC…
Make CryptoSlate preferred on “Sell in May and go away” is the idea that stocks reliably underperform between May and October, and it describes a market that might no longer exist.Bloomberg Intelligence data shows the S&P 500 ETF has closed the May-October period in positive territory in 25 of the last 33 years, with only one negative summer stretch in the past decade.Bespoke data cited by Bloomberg shows the cumulative return from holding SPY is only in May-October since the ETF’s 1993 debut, at roughly 171%. That is real money, just considerably less than the 731% earned by staying long…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Aleš Michl, governor of the Czech National Bank, said the institution’s early research suggests a small Bitcoin allocation could improve portfolio returns without materially increasing overall risk. Speaking at the Bitcoin 2026 conference in Las Vegas, Michl framed the finding not as a policy shift or ideological endorsement, but as part of a broader effort to rethink reserve management while maintaining strict monetary discipline. Michl opened his remarks by acknowledging the unusual nature of the subject. “Today I want to talk about a strange combination, a central…
In brief U.S. District Judge Lewis Kaplan denied Sam Bankman-Fried’s motion for a new trial on Tuesday, rejecting claims that witnesses had faced “threats from the government.” The judge called Bankman-Fried’s allegations “wildly conspiratorial and entirely contradicted by the record.” Bankman-Fried is serving a 25-year prison sentence after being convicted on multiple charges of fraud and conspiracy in 2023. A federal judge has rejected Sam Bankman-Fried’s bid for a new trial, dealing a blow to the imprisoned FTX founder’s efforts to overturn his fraud conviction.U.S. District Judge Lewis Kaplan issued a scathing denial Tuesday, dismissing Bankman-Fried’s claims that there were…
Wedbush Securities analyst Dan Ives says one stock could see its price double over the next several years as the company capitalizes on growing demand tied to artificial intelligence (AI) infrastructure. In a new Bloomberg interview, Ives says Wall Street is significantly undervaluing Oracle’s long-term opportunity, arguing investors are too focused on concerns surrounding debt and capital spending instead of the revenue potential tied to AI. “I think Oracle is going to be a tremendously bigger company in the next two, three or four years than it is today… This stock ultimately could double as they monetize A.I. over the…