Billionaires Are Selling Nvidia Stock and Buying Up This Red-Hot Cryptocurrency
Nvidia is hot. But some billionaire investors think Bitcoin could be even hotter.
Nvidia is hot. But some billionaire investors think Bitcoin could be even hotter.
Much of 2024’s meme coin bull run has been pushed by community takeovers. Projects worth hundreds of millions of dollars—such as Billy and Gigachad—ended up controlled by early investors who took the reins after the original developer decided to jump ship, ultimately pushing them to new heights. Despite not creating the token in the first place, legal experts warn that members of community takeovers (CTOs) could face an array of serious legal issues. “One of the biggest dangers [for community ta...
The crypto and NFT gaming space is busier than ever lately, what with prominent games starting to release, token airdrops piling up, and a seemingly constant array of other things happening at all times. It’s a lot to take in! Luckily, Decrypt’s GG is all over it. And if you need a quick way to get caught up on the latest moves around crypto video games, we’re happy to present This Week in Crypto Games. Our weekend roundup serves up the biggest news from the past week, along with a few other tid...
Will Polymarket have an airdrop? This year's staggering rise of the crypto prediction market has fueled speculation that the platform will debut its own token, and potentially reward its growing pool of users. And some of those users already appear to be making moves to improve their chances of scoring big. To be clear, Polymarket has yet to announce plans for a token, and the company did not reply to Decrypt's request for comment. But amid surging trading volume alongside the U.S. election cycl...
Illustration by Mitchell Preffer for Decrypt While Crypto Twitter can often be brutally black-and-white when it comes to narrativizing major events, this week saw the industry splinter into shades of gray after Telegram CEO Pavel Durov broke a days-long silence following his release from police custody in France. In a lengthy letter to the public on this week—posted first to Telegram and then to Twitter—Durov weighed in for the first time on his arrest and indictment last week by French authori...
(Bloomberg) -- The Federal Reserve is set to begin unwinding its tightening campaign this month as inflation cools and the labor market slows. The big question policymakers now face is whether a small interest-rate cut will be enough to keep the economy in expansion mode.Most Read from BloombergHow Americans Voted Their Way Into a Housing CrisisWorld's Second Tallest Tower Spurs Debate About Who Needs ItThe Plan for the World’s Most Ambitious Skyscraper RenovationUC Berkeley Gives Transfer Stude
(Bloomberg) -- Steadily falling gasoline prices are providing a tailwind for US Vice President Kamala Harris’ campaign for the nation’s highest office as Donald Trump seeks to rile inflation-weary consumers by attacking her record on energy. Most Read from BloombergHow Americans Voted Their Way Into a Housing CrisisWorld's Second Tallest Tower Spurs Debate About Who Needs ItThe Plan for the World’s Most Ambitious Skyscraper RenovationUC Berkeley Gives Transfer Students a Purpose-Built Home on Ca
The August jobs report was supposed to clear up a suite of questions about the economy and what comes next. It only answered one of them.