/* InsideBitcoins 2026 theme (ib-2026). Generated by swap/scripts/ib-redesign/build_theme.py from the approved mockup CSS. */
@font-face{
  font-family: 'Newsreader';
  font-style: italic;
  font-weight: 400;
  font-display: swap;
  src: url(../fonts/newsreader-latin-ext-italic-italic.woff2) format('woff2');
  unicode-range: U+0100-02BA, U+02BD-02C5, U+02C7-02CC, U+02CE-02D7, U+02DD-02FF, U+0304, U+0308, U+0329, U+1D00-1DBF, U+1E00-1E9F, U+1EF2-1EFF, U+2020, U+20A0-20AB, U+20AD-20C4, U+2113, U+2C60-2C7F, U+A720-A7FF;
}
@font-face{
  font-family: 'Newsreader';
  font-style: italic;
  font-weight: 400;
  font-display: swap;
  src: url(../fonts/newsreader-latin-italic-italic.woff2) format('woff2');
  unicode-range: U+0000-00FF, U+0131, U+0152-0153, U+02BB-02BC, U+02C6, U+02DA, U+02DC, U+0304, U+0308, U+0329, U+2000-206F, U+20AC, U+2122, U+2191, U+2193, U+2212, U+2215, U+FEFF, U+FFFD;
}
@font-face{
  font-family: 'Newsreader';
  font-style: normal;
  font-weight: 400 500;
  font-display: swap;
  src: url(../fonts/newsreader-latin-ext-opsz-wght-normal.woff2) format('woff2');
  unicode-range: U+0100-02BA, U+02BD-02C5, U+02C7-02CC, U+02CE-02D7, U+02DD-02FF, U+0304, U+0308, U+0329, U+1D00-1DBF, U+1E00-1E9F, U+1EF2-1EFF, U+2020, U+20A0-20AB, U+20AD-20C4, U+2113, U+2C60-2C7F, U+A720-A7FF;
}
@font-face{
  font-family: 'Newsreader';
  font-style: normal;
  font-weight: 400 500;
  font-display: swap;
  src: url(../fonts/newsreader-latin-opsz-wght-normal.woff2) format('woff2');
  unicode-range: U+0000-00FF, U+0131, U+0152-0153, U+02BB-02BC, U+02C6, U+02DA, U+02DC, U+0304, U+0308, U+0329, U+2000-206F, U+20AC, U+2122, U+2191, U+2193, U+2212, U+2215, U+FEFF, U+FFFD;
}
@font-face{
  font-family: 'Schibsted Grotesk';
  font-style: normal;
  font-weight: 400 700;
  font-display: swap;
  src: url(../fonts/schibsted-grotesk-latin-ext-wght-normal.woff2) format('woff2');
  unicode-range: U+0100-02BA, U+02BD-02C5, U+02C7-02CC, U+02CE-02D7, U+02DD-02FF, U+0304, U+0308, U+0329, U+1D00-1DBF, U+1E00-1E9F, U+1EF2-1EFF, U+2020, U+20A0-20AB, U+20AD-20C4, U+2113, U+2C60-2C7F, U+A720-A7FF;
}
@font-face{
  font-family: 'Schibsted Grotesk';
  font-style: normal;
  font-weight: 400 700;
  font-display: swap;
  src: url(../fonts/schibsted-grotesk-latin-wght-normal.woff2) format('woff2');
  unicode-range: U+0000-00FF, U+0131, U+0152-0153, U+02BB-02BC, U+02C6, U+02DA, U+02DC, U+0304, U+0308, U+0329, U+2000-206F, U+20AC, U+2122, U+2191, U+2193, U+2212, U+2215, U+FEFF, U+FFFD;
}
/* InsideBitcoins redesign 2026-11, shared system. Mockup stylesheet; becomes the theme's base CSS. */
:root{
  --ink:#221515;          /* logo ink */
  --ink-2:#4a3f3c;        /* secondary text */
  --muted:#6a5f5c;        /* meta, 6.1:1 on white */
  --rule:#e8e2da;         /* hairlines */
  --rule-2:#d6cec4;       /* stronger rules */
  --wash:#f6f3ef;         /* tinted area, used once per screen at most */
  --paper:#ffffff;
  --orange:#f6a330;       /* logo block: fills only, never text on white */
  --orange-ink:#8a4b00;   /* orange as text on white, 6.6:1 */
  --up:#0b7a43; --down:#c42b2b;
  --sans:"Schibsted Grotesk",Helvetica,Arial,sans-serif;
  --serif:"Newsreader",Georgia,serif;
  --w:1200px; --pad:24px;
}
@media (max-width:767px){:root{--pad:16px}}
*,*::before,*::after{box-sizing:border-box}
html{-webkit-text-size-adjust:100%}
body{margin:0;background:var(--paper);color:var(--ink);font:400 16px/1.5 var(--sans);font-feature-settings:"tnum" 0}
img{display:block;max-width:100%;height:auto}
a{color:inherit;text-decoration:none}
a:hover{color:var(--orange-ink)}
a:focus-visible,button:focus-visible,summary:focus-visible{outline:2px solid var(--orange-ink);outline-offset:2px}
h1,h2,h3,h4{margin:0;font-weight:700;letter-spacing:-.01em}
p{margin:0}
.wrap{max-width:var(--w);margin:0 auto;padding:0 var(--pad)}
.num{font-variant-numeric:tabular-nums}
.up{color:var(--up)} .down{color:var(--down)}
.num.up::before{content:"+"} .num.down::before{content:"\2212"}
.meta{font-size:13px;line-height:18px;color:var(--muted)}
.meta span+span::before{content:"";display:inline-block;width:3px;height:3px;background:var(--rule-2);margin:0 8px 3px}
.sr{position:absolute;width:1px;height:1px;overflow:hidden;clip:rect(0 0 0 0)}

/* ---- header: one row ---- */
.mast{border-bottom:1px solid var(--rule);background:var(--paper);position:sticky;top:0;z-index:20}
.mast .wrap{display:flex;align-items:center;gap:32px;height:60px}
.mast .logo img{height:28px;width:auto}
.nav{display:flex;gap:4px;margin-left:auto;height:100%}
.nav>li{list-style:none;position:relative;display:flex}
.nav>li>a{display:flex;align-items:center;padding:0 12px;font-size:15px;font-weight:600;color:var(--ink);border-bottom:4px solid transparent;border-top:4px solid transparent}
.nav>li.on>a{border-bottom-color:var(--orange)}
.nav>li>a:hover{color:var(--ink);border-bottom-color:var(--rule-2)}
.nav ul{display:none;position:absolute;top:100%;left:0;min-width:240px;margin:0;padding:8px 0;background:var(--paper);border:1px solid var(--rule);border-top:0}
.nav li:hover>ul,.nav li:focus-within>ul{display:block}
.nav ul a{display:block;padding:8px 16px;font-size:14px}
.nav ul .grp{padding:10px 16px 4px;font-size:12px;color:var(--muted)}
.menu-btn{display:none}
@media (max-width:1023px){
  .nav{display:none}
  .mast .wrap{height:56px}
  .menu-btn{display:flex;margin-left:auto;align-items:center;gap:8px;background:none;border:1px solid var(--rule-2);height:40px;padding:0 12px;font:600 14px var(--sans);color:var(--ink);border-radius:2px}
}

/* ---- market strip ---- */
.strip{border-bottom:1px solid var(--rule);font-size:13px;line-height:34px;white-space:nowrap}
.strip .wrap{display:flex;gap:28px;overflow-x:auto;scrollbar-width:none}
.strip .wrap::-webkit-scrollbar{display:none}
.strip a{display:flex;gap:6px}
.strip b{font-weight:600}
.strip .k{color:var(--muted)}
@media (max-width:767px){.strip .wrap{gap:20px;-webkit-mask-image:linear-gradient(90deg,#000 85%,transparent);mask-image:linear-gradient(90deg,#000 85%,transparent)}}

/* ---- desk tab: the logo's orange block, used only to name a desk ---- */
.desk{display:inline-block;background:var(--orange);color:var(--ink);font:600 13px/20px var(--sans);padding:2px 8px}
a.desk:hover{color:var(--ink);background:#f2b65d}

/* ---- section heads ---- */
.sh{display:flex;align-items:baseline;justify-content:space-between;gap:16px;border-top:2px solid var(--ink);padding-top:10px;margin-bottom:16px}
.sh h2{font-size:20px;line-height:26px}
.sh .more{font-size:14px;font-weight:600;color:var(--orange-ink)}
.sh .stamp{font-size:12px;color:var(--muted)}

/* ---- story units ---- */
.kicker{font-size:13px;font-weight:600;color:var(--orange-ink)}
.hl{font-weight:700;letter-spacing:-.01em}
.story-list{list-style:none;margin:0;padding:0}
.story-list li{padding:12px 0;border-top:1px solid var(--rule)}
.story-list li:first-child{border-top:0;padding-top:0}
.story-list .hl{font-size:17px;line-height:23px;display:block;margin-bottom:4px}

/* ---- tables ---- */
.tbl{width:100%;border-collapse:collapse;font-size:14px}
.tbl th{font-size:12px;font-weight:600;color:var(--muted);text-align:left;padding:0 0 8px;border-bottom:1px solid var(--rule-2)}
.tbl td{padding:9px 0;border-bottom:1px solid var(--rule);height:40px}
.tbl .r{text-align:right;font-variant-numeric:tabular-nums}
.tbl .coin{display:flex;align-items:center;gap:8px;font-weight:600}
.tbl .coin img{width:20px;height:20px;border-radius:50%}
.tbl .sym{color:var(--muted);font-weight:400}
.tblwrap{overflow-x:auto}

/* ---- footer ---- */
.foot{margin-top:24px;background:var(--ink);color:#e9e3dd;font-size:14px}
.foot a{color:#fff}
.foot a:hover{color:var(--orange)}
.foot .wrap{padding-top:40px;padding-bottom:32px}
.foot .cols{display:grid;grid-template-columns:1.4fr repeat(4,1fr);gap:32px}
.foot h3{font-size:14px;color:#fff;margin-bottom:12px}
.foot ul{list-style:none;margin:0;padding:0}
.foot li{margin:0 0 8px}
.foot .logo{display:inline-block;background:var(--paper);padding:6px 8px;margin-bottom:12px}
.foot .logo img{height:22px}
.foot .fine{border-top:1px solid #4a3a37;margin-top:32px;padding-top:16px;color:#cbbfb8;font-size:13px;line-height:20px}
.foot p{color:#d8cfc8;line-height:21px}
@media (max-width:900px){.foot .cols{grid-template-columns:1fr 1fr}.foot .cols>div:first-child{grid-column:1/-1}}
@media (max-width:767px){.strip{display:none}}
/* phones: every link and control gets a 40 px hit area without changing the type size */
@media (max-width:767px){
  .mast .logo{display:inline-flex;align-items:center;min-height:40px}
  .desk,.kicker,.deskname,.all,.more,.crumbs a,.sh .more{position:relative}
  .desk::after,.kicker::after,.deskname::after,.all::after,.more::after,.crumbs a::after{content:"";position:absolute;left:-4px;right:-4px;top:50%;height:40px;transform:translateY(-50%)}
  a.hl{display:block;padding-block:9px;margin-block:-9px}
  .tbl a,.tbl td>a{display:inline-flex;align-items:center;min-height:40px}
  .foot li a{display:inline-flex;align-items:center;min-height:40px}
}
@media (max-width:767px){
  .bars a,.byline .who,.author-box a,.coin-stats dd a,.foot .logo,.cc-top a{display:inline-flex;align-items:center;min-height:40px}
  .rail .story-list .hl,.rail-box .hl{padding-block:11px;margin-block:-11px}
}
.foot .wrap{padding-top:28px}
@media (max-width:900px){.foot .cols{row-gap:20px}}
.foot{margin-top:16px}
.foot .wrap{padding-top:24px}
@media (max-width:767px){.foot .wrap{padding-top:20px}}
.nav ul{list-style:none}
/* phones/tablets: the same menu in a <details> panel, no JavaScript */
.mmenu{display:none}
@media (max-width:1023px){
  .mmenu{display:block;margin-left:auto}
  .mmenu>summary{list-style:none;cursor:pointer}
  .mmenu>summary::-webkit-details-marker{display:none}
  .mpanel{position:absolute;left:0;right:0;top:100%;background:var(--paper);border-bottom:2px solid var(--ink);max-height:calc(100vh - 56px);overflow:auto;padding:8px var(--pad) 16px}
  .mpanel ul{list-style:none;margin:0;padding:0}
  .mpanel>ul>li{border-bottom:1px solid var(--rule);padding:6px 0}
  .mpanel>ul>li>a{display:flex;align-items:center;min-height:44px;font-weight:700;font-size:17px}
  .mpanel ul ul{display:block;position:static;border:0;padding:0 0 6px 12px;min-width:0}
  .mpanel ul ul a{display:flex;align-items:center;min-height:40px;font-size:15px;padding:0}
  .mpanel .grp{font-size:12px;color:var(--muted);padding:4px 0 0}
  .mast .menu-btn{margin-left:0}
}
@media (max-width:767px){.foot .wrap{padding-top:16px}}
@media (max-width:767px){.foot .fine{margin-top:24px}}

.sh .more{white-space:nowrap}

/* ---- dark masthead (2026-11-01 v2): header + strip on the logo's ink, so the homepage band runs on from the nav ---- */
.mast{background:var(--ink);border-bottom-color:#3a2b29}
.nav>li>a{color:#fff}
.nav>li>a:hover{color:#fff;border-bottom-color:#6b5a57}
.nav>li.on>a{border-bottom-color:var(--orange)}
.nav ul{border-color:var(--rule)}
.nav ul a{color:var(--ink)}
.nav ul a:hover{color:var(--orange-ink)}
.menu-btn,.mast .menu-btn{color:#fff;border-color:#6b5a57;background:none}
.mpanel a{color:var(--ink)}
.strip{background:var(--ink);border-bottom-color:#3a2b29;color:#f3ece6}
.strip .k{color:#c4b6ae}
.strip b{color:#fff}
.strip a:hover b{color:var(--orange)}
.strip .up{color:#62d394} .strip .down{color:#ff8a80}

/* ---- theme glue (live WordPress markup around the mockup system) ---- */
.mast{top:0}
.admin-bar .mast{top:32px}
@media (max-width:782px){.admin-bar .mast{top:0}}
.mast .wrap{position:relative}
.mast .wrap>nav{margin-left:auto;height:100%;display:flex}
.nav{margin:0;padding:0}
.skip:focus{position:fixed;left:8px;top:8px;width:auto;height:auto;clip:auto;z-index:99;background:var(--paper);padding:8px 12px;border:2px solid var(--ink)}
.strip .wrap>span{display:flex;gap:6px}
.strip .wrap>span.k{font-weight:600}
main{display:block;min-height:40vh}
.nf{padding:48px var(--pad) 64px}
.nf h1{font-size:36px;line-height:42px;margin-bottom:12px}
.nf p{font-size:17px;color:var(--ink-2);margin-bottom:12px}
.nf ul{padding-left:20px;font-size:17px;line-height:30px}
.nf a{color:var(--orange-ink);text-decoration:underline}
.foot .fine p+p{margin-top:10px}
@media (max-width:1023px){.mast .wrap>nav{display:none}}
/* ib-data blocks use the site's type */
.ibd{--ibd-head:var(--sans)}
.ibd .ibd-b-title,.ibd .ibd-b-subtitle,.entry-content .ibd .ibd-b-title{font-family:var(--sans)}
/* ib-data: written copy on coin / protocol pages reads like an article; big numbers without tabular punctuation */
.ibd-editorial{max-width:760px;font:400 17px/1.65 var(--sans);color:var(--ink)}
.ibd-editorial>*+*{margin-top:16px}
.ibd-editorial h2{font-size:26px;line-height:1.2;letter-spacing:-.015em;margin-top:44px}
.ibd-editorial h3{font-size:20px;line-height:1.3;margin-top:28px}
.ibd-editorial h2+*,.ibd-editorial h3+*{margin-top:10px}
.ibd-editorial ul,.ibd-editorial ol{padding-left:22px}
.ibd-editorial li+li{margin-top:6px}
.ibd-editorial a{color:var(--orange-ink);text-decoration:underline;text-decoration-thickness:1px;text-underline-offset:3px}
.ibd-editorial strong,.ibd-editorial b{font-weight:600}
.ibd .ibd-price b,.ibd .ibd-stat dd,.ibd-inline,.ibd .ibd-chg{font-variant-numeric:proportional-nums lining-nums}
.toc{scrollbar-width:thin}
.ibd .ibd-editorial a,.ibd-editorial.entry-content a,.ibd-main .ibd-editorial a{color:var(--orange-ink);text-decoration:underline;text-decoration-thickness:1px;text-underline-offset:3px}
.ibd .ibd-editorial a:hover,.ibd-main .ibd-editorial a:hover{color:var(--ink)}