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Decrypt 2025-12-16 18:22:09

Trump named Crypto Person of the Year! BTC down to $87K Football.Fun Interview

Crypto majors were very red to start the week; btc -3% at $87,200; eth -6% at $2,950, bnb -2% at $868, sol -3% at $128. Xdc (+4%), cc (+3%) and sky (+2%) led top movers. Jpmorgan launched a tokenized money-market fund on ethereum, using onchain rails to settle fund shares. The senate punted the crypto market-structure markup to next year, delaying near-term progress on a major u.S. Framework bill. Coinbase and robinhood joined the new u.S. ‘tech force’ aimed at recruiting top engineers to build ai infra for the government. Metamask expanded beyond ethereum by adding native bitcoin support, letting users buy, send, and receive btc inside the wallet. Paypal applied for a bank charter in utah as its next potential step into the traditional banking system. Trump said he would “look at” pardoning samourai wallet developer keonne rodriguez, directing the attorney general to investigate the request ahead of his prison reporting date. Grayscale argued quantum computing was unlikely to move crypto valuations in 2026, while warning chains still needed long-term post-quantum upgrade planning. Bittensor (tao) completed its first halving event with issuance dropping from 7,200 tokens/day to 3,600.

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