Given this week’s brutal declines for top coins, record outflows from Bitcoin ETFs, and states rejecting Bitcoin reserve proposals, there’s been a lot of doom and gloom. But there’s also reason for optimism, at least for crypto builders.
Over the last week, the SEC has pulled out of major lawsuits and investigations, with industry giants like Coinbase, OpenSea, Robinhood, and Ethereum software firm Consensys (disclosure: one of Decrypt’s 22 investors) reaping the rewards.
Decrypt caught up with Consensys founder and CEO Joe Lubin—also a co-founder of Ethereum itself—at ETH Denver 2025 on Friday, and he said his firm is feeling “liberated” following the SEC’s regulation reversal under President Trump.
“Other parts of the government are recognizing our technology and exploring ways to support it,” he said. “Whether that is through stablecoins, market structures, or David Sacks' work on crypto and AI—the acceleration is definitely on.”
Ethereum's Joe Lubin Says 'Acceleration Is Definitely On' After SEC Reversal
Consensys founder and CEO Joe Lubin says he's increasingly optimistic as the SEC shifts from attacks to collaboration with crypto builders.
This Week in Bitcoin: Crashing Under $80K, Worst ETF Day Ever, and States Reject Reserves
Bitcoin this week plunged to its lowest level since November, as investors fast cashed out of the new crypto ETFs. And it might get worse.
Was FTX Gary Gensler's Fault? Unclear Laws Created a 'Haven for Bad Actors', Says Hester Peirce
SEC Commissioner Hester Peirce said Friday that the regulator’s previous leadership harmed the American public and emboldened bad actors.
BlackRock Adds Its Record-Breaking Bitcoin Fund to Model Portfolios
BlackRock, the world's largest asset manager, is including its Bitcoin ETF in a sliver of its Target Allocation with Alternatives portfolios.
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“The American public suffered because environments in which the law is unclear are havens for bad actors and hostile territory for law-abiding people legitimately trying to solve society’s problems and meet its needs.”
🎮️ GG: 'Off the Grid' Game Adds 'Biggest Update Yet'—Here's What's New
Avalanche battle royale shooter Off the Grid has added a new cyberlimb, a fresh region of the map, and more in its latest update.
🤖 EMERGE: Faster Than DeepSeek? Tencent Reignites AI War With Hunyuan Turbo S
Tencent's new model doubles response speed while matching top performers like GPT-4o in reasoning tasks, intensifying the AI race between China and the U.S.
🎭️ SCENE: Into the MAGAverse? Trump Org Files Trademarks for Metaverse, NFT Platforms
The Trump Organization filed dozens of trademark applications this week that appear to foreshadow a themed, on-chain metaverse fueled by crypto purchases.
📚 Watch and Learn
📹️ WATCH: Consensus 2025: Predicting Media Success
At Consensus 2025 in Hong Kong, DASTAN CEO Loxley Fernandes and President Farokh Sarmad discuss how on-chain prediction market MYRIAD's dynamic participatory model offers a new solution for aligning incentives in the media ecosystem.
🎓️ LEARN: What Is the Pectra Upgrade? Inside Ethereum’s Future Roadmap
Ethereum’s Pectra upgrade boosts scalability, staking, and gas payment options with significant tech enhancements.
