@font-face{font-family:EditorialSans;src:local('Arial');font-display:swap}*{box-sizing:border-box}html{scroll-behavior:smooth;scroll-padding-top:25px}body{margin:0;background:#faf9f6;color:#15262e;font-family:EditorialSans,Arial,Helvetica,sans-serif;font-size:15px;line-height:1.55;--paper:#faf9f6;--ink:#15262e;--subtle:#667075;--line:#deded7;--panel:#f0f0e9;--accent:#c84223;--white:#fff}body.dark{background:#112128;color:#e8eae5;--paper:#112128;--ink:#e8eae5;--subtle:#b3bdc0;--line:#34444b;--panel:#1c3039;--white:#20343c;--accent:#ff947a}a{color:inherit;text-decoration:none}a:hover{text-decoration:underline;text-underline-offset:4px}button,input{font:inherit}button,a,input{touch-action:manipulation}button{cursor:pointer}button:focus-visible,a:focus-visible,input:focus-visible{outline:3px solid #d85b3c;outline-offset:4px}button:disabled{cursor:wait;opacity:.65}img{display:block;max-width:100%;height:auto}svg{flex-shrink:0}h1,h2,h3,p{margin-top:0}h1,h2,h3{line-height:1.12;letter-spacing:-.04em}h1{font-size:clamp(38px,4.5vw,68px)}h2{font-size:34px}h3{font-size:23px}p{color:var(--subtle)}.wrap{max-width:1440px;padding:0 42px;margin:0 auto}.topbar{background:#13252e;color:#d4dedf;font-size:10px;letter-spacing:.12em;padding:10px 0}.topbar>.wrap{display:flex;justify-content:space-between}.top-divider{margin:0 17px;color:#889599}.topbar a{font-size:11px;letter-spacing:0}header{background:var(--paper)}.masthead{display:flex;align-items:center;min-height:109px;gap:25px}.logo{display:block;width:294px;flex-shrink:0;height:80px;overflow:hidden}.logo img{width:294px;height:98px;transform:translateY(-8px)}.dark .logo{background:#faf9f6;border-radius:4px}.masthead-line{font-size:10px;letter-spacing:.12em;color:var(--subtle);border-left:1px solid var(--line);padding-left:22px}.header-actions{display:flex;align-items:center;gap:12px;margin-left:auto}.icon-button{border:0;background:transparent;color:var(--ink);width:38px;height:38px;display:inline-flex;align-items:center;justify-content:center;border-radius:50%;flex-shrink:0}.icon-button:hover{background:var(--panel);text-decoration:none}.icon-button[aria-pressed=true]{color:var(--accent);background:var(--panel)}.icon-button[aria-pressed=true] svg{fill:currentColor}.button{display:inline-flex;align-items:center;justify-content:center;gap:20px;background:var(--ink);color:var(--paper);padding:14px 22px;border:1px solid var(--ink);font-weight:700;font-size:13px;line-height:1.3;border-radius:3px;min-height:46px}.button:hover{background:#c84223;border-color:#c84223;color:white;text-decoration:none}.button.small{padding:11px 15px;min-height:40px;font-size:12px}.button.outline{background:transparent;color:var(--ink);border-color:var(--line)}.button.outline:hover{border-color:var(--accent);color:var(--accent)}.button.light{background:#faf9f6;color:#13252e;border-color:#faf9f6}.menu-toggle{display:none}.navigation{display:flex;align-items:center;gap:28px;border-top:1px solid var(--line);min-height:50px;font-size:12px;font-weight:700}.navigation a{padding:14px 0;white-space:nowrap}.navigation a[aria-current=page]{color:var(--accent)}.nav-end{margin-left:auto;color:var(--subtle)}.ticker{border-block:1px solid var(--line);background:var(--white)}.ticker-inner{display:flex;align-items:center;min-height:51px;overflow-x:auto;white-space:nowrap;gap:0;font-size:11px;scrollbar-width:thin}.ticker-label{font-size:9px;letter-spacing:.12em;margin-right:25px;display:flex;align-items:center;gap:8px}.status-dot{width:6px;height:6px;background:#819395;border-radius:50%;display:inline-block}.ticker.has-data .status-dot{background:#208161}.quote{display:flex;align-items:center;gap:12px;padding:0 22px;border-left:1px solid var(--line);font-variant-numeric:tabular-nums}.quote b{font-size:11px}.change{font-size:10px}.up{color:#187456}.down{color:#c34531}.dark .up{color:#74d6ae}.dark .down{color:#ff947a}.all-markets{margin-left:auto;padding-left:24px;font-size:10px}.edition-line{display:flex;align-items:center;justify-content:space-between;margin:28px 0 22px;font-size:10px;letter-spacing:.11em}.edition-line>span:last-child{color:var(--subtle);letter-spacing:0;font-size:12px}.red-dot{display:inline-block;width:6px;height:6px;border-radius:50%;background:#dc5432;margin-right:8px}.lead-grid{display:grid;grid-template-columns:minmax(0,1.7fr) minmax(0,1fr) minmax(230px,.85fr);gap:28px;padding-bottom:35px;border-bottom:1px solid var(--line)}.lead-art{display:block;position:relative;overflow:hidden}.lead-art img{aspect-ratio:1.5;object-fit:cover;width:100%;transition:transform .5s}.lead-art:hover img{transform:scale(1.025)}.image-label{position:absolute;left:16px;right:16px;bottom:15px;color:white;font-size:9px;letter-spacing:.14em;display:flex;justify-content:space-between;text-shadow:0 1px 5px #000}.lead-copy h1{font-size:clamp(34px,3.05vw,50px);margin:8px 0 15px;line-height:1.07;letter-spacing:-.047em}.lead-copy p{font-size:14px;line-height:1.65;max-width:95%;margin-bottom:17px}.eyebrow{font-size:10px;font-weight:700;letter-spacing:.11em;color:var(--accent);text-transform:uppercase}.card-line{display:flex;align-items:center;justify-content:space-between;margin-top:12px;min-height:29px}.meta{display:flex;gap:12px;align-items:center;font-size:10px;color:var(--subtle);flex-wrap:wrap;line-height:1.7}.meta a{font-weight:700;color:var(--ink)}.meta span+span:before{content:'·';margin-right:10px}.side-features{display:flex;flex-direction:column;gap:25px}.side-feature{padding-bottom:19px;border-bottom:1px solid var(--line)}.side-feature:last-child{border:0;padding-bottom:0}.side-art{display:block;margin-bottom:14px;overflow:hidden}.side-art img{aspect-ratio:1.87;object-fit:cover;width:100%}.side-feature h2{font-size:24px;line-height:1.17;letter-spacing:-.035em;margin:8px 0 12px}.read-time{font-size:10px;color:var(--subtle)}.editors-desk{border-left:1px solid var(--line);padding-left:25px}.desk-heading{font-size:9px;letter-spacing:.08em;margin:0 0 24px;font-weight:700}.editors-desk>h2{font-size:29px;margin-bottom:14px}.desk-intro{font-size:12px;line-height:1.7;margin-bottom:20px}.desk-item{display:flex;gap:12px;padding:16px 0;border-top:1px solid var(--line)}.desk-number{font-family:Georgia,serif;color:#b0b5b3;font-size:23px;line-height:1.3}.desk-item .eyebrow{font-size:8px;letter-spacing:.08em}.desk-item h3{font-size:15px;line-height:1.35;letter-spacing:-.015em;margin:5px 0 0}.desk-bottom{display:flex;align-items:center;justify-content:space-between;font-size:10px;font-weight:700;border-top:1px solid var(--line);padding-top:17px;margin-top:6px}.section-heading{display:flex;justify-content:space-between;align-items:flex-end;margin:44px 0 25px;gap:20px}.section-heading h2{font-size:30px;margin:9px 0 0;letter-spacing:-.035em}.text-link{display:flex;align-items:center;gap:18px;font-size:12px;white-space:nowrap;font-weight:700}.filter-tabs{display:flex;gap:7px;margin-bottom:24px;overflow-x:auto}.filter-tabs button{border:1px solid var(--line);border-radius:20px;padding:7px 17px;background:transparent;color:var(--subtle);font-size:11px;white-space:nowrap}.filter-tabs button.active{background:var(--ink);color:var(--paper);border-color:var(--ink)}.article-grid{display:grid;grid-template-columns:repeat(3,minmax(0,1fr));gap:35px 27px}.story-card{height:100%}.card-art{display:block;overflow:hidden;background:var(--panel)}.card-art img{aspect-ratio:1.7;object-fit:cover;width:100%;transition:transform .4s}.card-art:hover img{transform:scale(1.03)}.story-card h3{font-size:25px;margin:7px 0 12px;line-height:1.19;letter-spacing:-.035em}.story-card p{font-size:13px;line-height:1.7;margin-bottom:17px}.story-card .meta{border-top:1px solid var(--line);padding-top:13px}.follow{position:relative;overflow:hidden;margin:55px 0;background:#142b34;padding:42px 45px;display:flex;align-items:center;justify-content:space-between;gap:40px;color:#fff}.follow>div,.follow>a{z-index:1}.follow .eyebrow{color:#fba58f}.follow h2{font-size:44px;line-height:1.05;letter-spacing:-.04em;margin:15px 0}.follow p{color:#b8c8cb;font-size:13px;max-width:405px;margin:0}.follow .button{white-space:nowrap;margin-right:40px}.follow-mark{position:absolute;right:-17px;bottom:-110px;font-weight:900;font-size:330px;color:#1d3942;letter-spacing:-.1em;line-height:1}.learn-strip{border-top:1px solid var(--line)}.learn-strip>a{display:flex;gap:30px;align-items:center;border-bottom:1px solid var(--line);padding:27px 4px}.learn-strip>a>span{font:34px Georgia,serif;color:#9ba7a8}.learn-strip>a>div{flex:1}.learn-strip h3,.learn-strip h2{font-size:24px;margin-bottom:8px}.learn-strip p{font-size:13px;margin-bottom:0;max-width:780px}.learn-strip>a>svg{margin-right:15px}.partner-banner{display:flex;align-items:center;justify-content:space-between;padding:35px;background:var(--panel);margin:50px 0;gap:25px}.partner-banner h2{font-size:26px;max-width:470px;margin:10px 0}.partner-banner p{font-size:12px;margin:0}.partner-banner .button{white-space:nowrap}footer{margin-top:55px;padding:48px 0 20px;background:#10242d;color:#dbe3e3}.footer-grid{display:grid;grid-template-columns:2fr 1fr 1fr 1fr;gap:35px}.wordmark{font-size:28px;font-weight:800;letter-spacing:-.05em}.brand-dot{color:#eb704c}.footer-grid p{color:#aabcc1;font-size:12px;margin:12px 0 20px}.footer-grid h2{font-size:11px;letter-spacing:.06em;text-transform:uppercase;margin:9px 0 20px}.footer-grid>div>a:not(.wordmark){display:block;font-size:11px;color:#bccbd0;margin-bottom:11px}.footer-bottom{display:flex;justify-content:space-between;font-size:10px;color:#95a9b1;border-top:1px solid #34434a;padding-top:20px;margin-top:30px}.disclosure-foot{font-size:10px;color:#95a9b1;margin-top:15px}.disclosure-foot a{text-decoration:underline}.page-intro{padding:50px 0 36px;border-bottom:1px solid var(--line);margin-bottom:35px;max-width:1100px}.page-intro h1{margin:15px 0 20px;max-width:900px}.page-intro p{font-size:18px;max-width:730px;line-height:1.6}.context-box{margin:40px 0;padding:30px;background:var(--panel)}.context-box h2{font-size:26px}.context-box p{max-width:720px}.context-box a{font-weight:700;font-size:13px}.breadcrumbs{font-size:11px;color:var(--subtle);padding:28px 0;line-height:1.8}.article-heading{max-width:950px;margin:15px auto 30px}.article-heading h1{font-size:clamp(36px,4.5vw,66px);margin:15px 0 22px}.standfirst{font-size:20px;line-height:1.55;max-width:820px}.article-heading .meta{font-size:12px}.article-actions{border-top:1px solid var(--line);margin-top:25px;padding-top:15px;display:flex;gap:15px;align-items:center}.article-actions>span{font-size:11px;color:var(--subtle);margin-left:auto}.article-hero{margin:0 auto 40px;max-width:1100px}.article-hero img{width:100%;max-height:570px;object-fit:cover}.article-hero figcaption{font-size:10px;color:var(--subtle);padding:10px 0}.reading-layout{display:grid;grid-template-columns:230px minmax(0,730px);justify-content:center;gap:55px;margin-bottom:65px}.contents{align-self:start;position:sticky;top:25px;padding-right:25px;border-right:1px solid var(--line)}.contents>a{display:block;font-size:12px;margin:18px 0;color:var(--subtle)}.prose p{font-size:17px;line-height:1.85;color:var(--ink);margin-bottom:24px}.prose h2{font-size:28px;margin:33px 0 16px;letter-spacing:-.03em}.prose a{color:var(--accent);text-decoration:underline;text-underline-offset:3px;overflow-wrap:anywhere}.prose a.button{text-decoration:none;color:var(--paper)}.prose ul{padding-left:20px}.prose li{margin:12px 0}.takeaway{padding:25px 30px;background:var(--panel);border-left:3px solid #d95132}.takeaway p{font-size:21px;margin:12px 0 0;font-weight:600;line-height:1.5}.source-box{border-top:1px solid var(--line);margin-top:35px;padding-top:10px}.source-box p{font-size:12px;color:var(--subtle)}.source-box ul{font-size:14px}.standard-content{max-width:900px;margin:0 0 60px}.standard-content>p{max-width:760px}.offer-grid{display:grid;grid-template-columns:1fr 1fr;gap:30px;background:var(--panel);padding:30px}.offer-grid h2{margin-top:15px}.offer-grid p{font-size:15px}.contact-email{font-size:clamp(17px,3vw,30px)}.market-toolbar{display:flex;align-items:center;justify-content:space-between;gap:20px;font-size:12px}.market-toolbar p{margin:0}.table-scroll{overflow-x:auto;margin-top:25px}.market-table{width:100%;border-collapse:collapse;white-space:nowrap;font-variant-numeric:tabular-nums}.market-table th{text-align:right;text-transform:uppercase;font-size:10px;letter-spacing:.07em;color:var(--subtle);font-weight:500;padding:15px;border-bottom:1px solid var(--ink)}.market-table td{text-align:right;padding:23px 15px;border-bottom:1px solid var(--line);font-size:15px}.market-table th:first-child,.market-table td:first-child{text-align:left}.market-table td small{font-size:10px;margin-left:7px;color:var(--subtle)}.coin-symbol{width:31px;height:31px;display:inline-flex;align-items:center;justify-content:center;color:#fff;background:#53656e;border-radius:50%;margin-right:12px;font-weight:700}.coin-symbol.bitcoin{background:#bd6717}.coin-symbol.ethereum{background:#66609c}.coin-symbol.solana{background:#26785a}.caption{font-size:11px!important;line-height:1.7;margin-top:15px;color:var(--subtle)!important}.caption a{text-decoration:underline}.search-form{margin:30px 0}.search-form label{display:block;font-weight:700;font-size:12px;margin-bottom:10px}.search-form>div{display:flex;gap:12px;max-width:850px}.search-form input{border:1px solid var(--line);background:var(--white);color:var(--ink);padding:17px 20px;min-width:0;flex:1;font-size:17px;border-radius:3px}#notice{position:fixed;bottom:25px;left:50%;transform:translateX(-50%);background:var(--ink);color:var(--paper);padding:12px 20px;border-radius:5px;z-index:10;font-size:13px;box-shadow:0 5px 25px #0002;max-width:90vw}#notice:empty{display:none}.skip{position:fixed;top:-100px;left:15px;z-index:100;background:var(--ink);color:var(--paper);padding:10px}.skip:focus{top:10px}[hidden]{display:none!important}
@media(min-width:1500px){.wrap{max-width:1520px}.lead-copy h1{font-size:52px}.side-feature h2{font-size:27px}}
@media(max-width:1120px){.wrap{padding-inline:28px}.masthead-line{display:none}.navigation{gap:22px}.lead-grid{grid-template-columns:1.6fr 1fr}.editors-desk{grid-column:1/-1;border-left:0;padding:20px 0 0;border-top:1px solid var(--line);display:grid;grid-template-columns:repeat(4,1fr);gap:18px}.desk-heading{grid-column:1/-1;margin:0}.editors-desk>h2,.desk-intro,.desk-bottom{display:none}.desk-item{border:0;padding:0}.side-feature h2{font-size:24px}.lead-copy h1{font-size:43px}.navigation .nav-end{display:none}.footer-grid{gap:25px}.reading-layout{gap:30px;grid-template-columns:190px 1fr}}
@media(max-width:760px){.wrap{padding-inline:20px}.topbar{font-size:8px}.topbar a{font-size:9px}.top-divider{margin:0 7px}.masthead{min-height:85px;gap:5px}.logo{width:210px;height:70px}.logo img{width:210px;height:70px;transform:none}.header-actions{gap:2px}.header-actions .button{display:none}.icon-button{width:33px;height:38px}.menu-toggle{display:inline-flex}.navigation{display:none;flex-wrap:wrap;gap:0;padding-top:8px;padding-bottom:8px}.navigation.open{display:flex}.navigation a{width:33.333%;padding:10px;font-size:13px}.navigation .nav-end{display:block;margin:0}.ticker-inner{min-height:45px}.ticker-label{font-size:8px;margin-right:13px}.quote{padding:0 14px;font-size:10px;gap:9px}.all-markets{display:none}.edition-line{margin:20px 0 17px;font-size:9px}.edition-line>span:last-child{display:none}.lead-grid{grid-template-columns:1fr;gap:26px}.lead-copy h1{font-size:42px}.lead-art img{aspect-ratio:1.55}.side-features{display:grid;grid-template-columns:1fr 1fr;gap:17px}.side-feature{border-bottom:0;padding-bottom:0}.side-feature h2{font-size:20px}.side-art img{aspect-ratio:1.4}.editors-desk{display:block;padding-top:25px}.desk-heading{margin-bottom:12px}.desk-item{padding:15px 0;border-bottom:1px solid var(--line)}.desk-item h3{font-size:17px}.desk-number{width:25px;flex-shrink:0}.section-heading{margin-top:32px;align-items:center}.section-heading h2{font-size:27px}.section-heading .text-link{font-size:0;gap:0}.article-grid{grid-template-columns:1fr 1fr;gap:30px 18px}.story-card h3{font-size:21px}.story-card p{font-size:12px}.card-art img{aspect-ratio:1.35}.card-line .eyebrow{font-size:9px}.meta{gap:8px;font-size:9px}.meta span+span:before{margin-right:6px}.filter-tabs{margin-inline:-20px;padding-inline:20px}.follow{padding:30px;flex-direction:column;align-items:flex-start;gap:25px;margin:38px 0}.follow h2{font-size:39px}.follow .button{margin:0}.follow-mark{font-size:260px;bottom:-85px;right:-25px}.learn-strip>a{gap:16px}.learn-strip h3,.learn-strip h2{font-size:21px}.learn-strip p{font-size:12px}.partner-banner{padding:25px;display:block}.partner-banner h2{font-size:26px}.partner-banner .button{margin-top:23px}.footer-grid{grid-template-columns:1fr 1fr;gap:25px}.footer-grid>div:first-child{grid-column:1/-1}.footer-bottom{gap:16px;flex-direction:column}.page-intro{padding:30px 0 20px}.page-intro p{font-size:16px}.article-heading h1{font-size:39px}.standfirst{font-size:18px}.article-actions{flex-wrap:wrap;gap:7px}.article-actions>span{width:100%;margin:7px 0}.reading-layout{display:block}.contents{position:static;border-right:0;border-bottom:1px solid var(--line);padding-bottom:15px;margin-bottom:30px}.contents>a{margin:9px 0}.article-hero{margin-bottom:25px}.prose p{font-size:16px;line-height:1.8}.prose h2{font-size:26px}.takeaway{padding:20px}.takeaway p{font-size:20px}.offer-grid{grid-template-columns:1fr;padding:22px}.search-form>div{gap:8px}.search-form input{padding:12px;font-size:14px}.search-form .button{padding:12px}.market-toolbar{align-items:flex-start}.market-table td{padding:19px 12px}.market-table th{padding:12px}.breadcrumbs{font-size:10px;padding:20px 0}.source-box li{font-size:13px}}
@media(max-width:420px){.logo{width:183px}.logo img{width:183px}.header-actions{gap:0}.wrap{padding-inline:17px}.article-grid{grid-template-columns:1fr}.card-art img{aspect-ratio:1.8}.story-card h3{font-size:26px}.lead-copy h1{font-size:37px}.side-feature h2{font-size:19px}.topbar a{display:none}.follow{padding:26px}.article-heading h1{font-size:35px}}
@media(prefers-reduced-motion:reduce){html{scroll-behavior:auto}*{transition:none!important}}