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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Multiple bills meant to stop federal officials from profiting off digital assets have stalled in Congress — none have made it past the committee stage — even as US President Donald Trump prepares to host top holders of his personal memecoin at his Florida estate next month. Bills Introduced But Stuck In Committee The Modern Emoluments and Malfeasance Enforcement Act, the Stop Presidential Profiteering from Digital Assets Act, and the Curbing Officials’ Income and Nondisclosure Act were all introduced over the past year. All three remain in…

In brief Bitcoin fell about 4%–5% even as U.S. spot ETFs recorded over $1.1 billion in inflows across seven days. Rising oil prices and sticky inflation have pushed traders to scale back expectations for rate cuts. Key support around $70,000 is now in focus as macro conditions continue to drive short-term moves. Bitcoin continues to struggle to maintain a foothold at elevated prices even as institutional investors continue pouring money into the asset, hinting at a growing disconnect between short-term macro pressures and longer-term demand.U.S.-listed spot Bitcoin ETFs recorded roughly $1.16 billion in inflows over seven consecutive sessions through Tuesday.Wednesday…

In brief A coalition of advocacy groups asks OpenAI to withdraw a California AI safety ballot initiative. Critics say the measure would limit legal accountability and weaken protections for children. While OpenAI has paused the campaign, the coalition claims it retains control of the initiative ahead of key deadlines. A coalition of advocacy groups is urging ChatGPT developer OpenAI to withdraw a California ballot initiative that critics say could weaken protections for children and limit legal accountability for AI companies.In a letter sent to OpenAI on Wednesday, reviewed by Decrypt, the group argues that the measure would lock in narrow…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin is approaching a price level that has, without exception, led to the absolute bottom of every major bear market cycle in its history, and on-chain indicators show the moment of maximum opportunity may be drawing near for Bitcoin traders to capitalize on an incoming rally. Bitcoin’s Historical Bottom At The 200-Week Moving Average One technical level has held with incredible consistency throughout more than a decade of Bitcoin’s price history. This technical level is, in fact, the 200-week moving average. Bitcoin has never closed a weekly candle…

US banks “reduced” their credit risk after 2008 by shifting more of it to nonbank lenders.Since 2008, banks have shifted a growing share of their lending to nonbanks like private credit funds, making it their fastest-growing loan category. That shift doesn’t signal another 2008-style crisis today, but it does show where trouble could surface first if private credit starts to crack.This week, traders, analysts, and Investment firms are reviving a familiar question: are US banks setting up a repeat of 2008?The clean answer is no, based on the publicly available numbers. The same debate also points to a real shift…

In brief Citi downgraded Gemini from Neutral to Sell, saying it’ll be years before the exchange achieves profitability. GEMI stock was recently down more than 16% on the day, outpacing other major crypto stock losses. The bank also cut its Bitcoin and Ethereum price targets this week. Crypto exchange and custodian Gemini’s stock dropped more than 16% after Citigroup analysts downgraded the company Wednesday morning, suggesting that it’ll be years before the firm is profitable.The company, which trades on the Nasdaq under the GEMI symbol, saw its rating fall from Neutral to Sell, and Citi lowered its price target from…

In brief The Algorand Foundation laid off 25% of its staff due to the downturn in crypto markets. The foundation remains focused on the network, which saw nearly a 5% growth in transactions last quarter compared to Q3. The layoffs follow other recent announcements from firms like OP Labs, PIP Labs, Block, and Gemini. The organization behind the layer-1 network Algorand has laid off 25% of its staff as a result of crypto’s continued slide and macroeconomic uncertainty. Details about how many individuals were affected were not shared. A representative for the foundation did not immediately respond to Decrypt’s request for…

In brief The White House registered aliens.gov early Wednesday. Trump may be pushing ahead with a planned UFO file release after the viral Obama “aliens are real” clip. Pentagon has 2,000+ UAP cases—but officials expect no revelations. The Executive Office of the President quietly registered the domain aliens.gov on Wednesday, just after 6:30 a.m.—and while the site sits empty for now, the move didn’t go unnoticed. A domain-monitoring bot flagged the registration.No website, no announcement, no explanation. Just a domain. Decrypt has reached out to the White House for comment, and will update this story if we hear anything back. 404 Media…

Hyperliquid’s HYPE token moved into the top 10 crypto assets by market capitalization, beating Cardano’s ADA amid a 1,700-fold rise in trading volume tied to oil volatility during the US-Iran conflict.Notably, Bitcoin benefited significantly from the broader bid for crypto during the conflict, but HYPE gained a second channel as traders used Hyperliquid’s platform to express views on oil around the clock, including on weekends when conventional futures venues were closed.From March 1 to March 18, HYPE’s market value rose from about $8.16 billion to $10.66 billion, a gain of about 30.7%, according to CryptoSlate’s data. Over the same stretch,…

The Federal Reserve on Wednesday kept its benchmark interest rate steady, maintaining the federal funds target range at 3.50% to 3.75%. Bitcoin price is fighting to hold $70,000 amid a complex backdrop of elevated inflation, slowing job growth, and war in the Middle East.  The decision marked the second consecutive FOMC meeting with no change in borrowing costs and followed a pause that began after three rate cuts last year. Bitcoin price responded to the announcement with a drop in trading, changing hands around $70,500, down 3.6% over the previous 24 hours, according to Bitcoin Magazine Pro. The cryptocurrency had…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure FTX and its Recovery Trust have set March 31, 2026, as the start date for the fourth distribution to creditors, with approximately $2.2 billion slated to be paid to eligible claimants.  FTX Details Payment Timeline  Distributions under the plan began in February 2025, with the inaugural round targeting Convenience Class claimants with claims under $50,000, resulting in around $1.2 billion. The second round, held in May of the same year, saw the first big payouts to larger and institutional creditors, with recovery percentages ranging from 54% to…

In brief Cynthia Lummis (R-WY) said the Senate will mark up the Clarity Act in April, with Bernie Moreno (R-OH) warning it must pass by May. The bill faces key hurdles, especially disputes over stablecoin yield and a current lack of bipartisan support. Additional conflicts over DeFi and President Donald Trump’s crypto ties could also prevent the bill’s passage. After months of setbacks, a final plan is emerging from Senate Republicans to get a crypto market structure bill over the finish line before political momentum evaporates on Capitol Hill.Cynthia Lummis (R-WY), the legislation’s chief champion in the Senate, said Wednesday…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Solana meme coin season could be getting an early push from Dogwifhat (WIF) as an analyst outlines a potential recovery from prolonged downside pressure. Market technician John Carter has thrown his full weight behind WIF, laying out a technical case for a massive 750% price rally that could surpass what most traders are expecting from the dog-themed meme coin. The analyst’s forecast arrives as meme coins begin to climb again, signaling a return of momentum and renewed speculative interest in the cryptocurrency.  Analyst Maps Key Levels…

In brief S&P Dow Jones Indices licensed the S&P 500 to Trade[XYZ], enabling round-the-clock speculation on the largest publicly traded companies in the U.S. The development comes as the CFTC develops a regulatory framework for perpetual futures in the U.S., which could be unveiled soon. Perpetual futures tied to indices and exchange-traded funds are becoming increasingly popular on Hyperliquid, yet commodities and crypto still lead. Hyperliquid traders have gained access to perpetual futures that track the S&P 500 under a licensing agreement between S&P Dow Jones Indices and Trade[XYZ], enabling round-the-clock speculation on the largest publicly traded companies in the…