Author: Editor

In brief Dogecoin Cash Inc. proposed a framework where one billion tokens would equal one gram of physical gold. The initiative remains in the development phase with no tokens issued or timeline set. Tether and Paxos both offer gold-backed tokens denominated in ounces, with market caps over $2 billion apiece. Dogecoin Cash Inc. announced Thursday...

Bitcoin is now printing green candlesticks on the weekly and daily timeframes, and this raises the question of whether the worst has already passed or maybe the floor is still months away.  An interesting analysis of Bitcoin’s price action over a multi-year time span pushes back against the growing optimism, pointing to a pattern that has held for more than a decade and suggesting that time, not just price, may still be working against a confirmed bottom. Every Bitcoin Bear Market Has Taken Over A Year To Bottom Going back to 2013, Bitcoin’s bear market cycles have followed a consistent…

In brief Blockchain data shows the U.S. government transferred more than $600,000 worth of Bitcoin connected to the 2016 Bitfinex hack. The funds were transferred from a government account to Coinbase Prime, potentially ahead of a sale of the funds. The BTC is connected to the more than $9 billion, or 94,000 BTC which was...

The Louisiana Senate has passed a bill to create a psychedelic-assisted therapy pilot program, using opioid settlement dollars to fund clinical trials aimed at developing alternative treatments such as psilocybin and ibogaine. The legislation from Sen. Patrick McMath (R) cleared the chamber, with new amendments, in a unanimous vote of 37-0 on Wednesday. “This concept, this...

There are many different indicators that analysts have used to predict the Bitcoin bottom in the past, and the Cumulative Value Days Destroyed (CVDD) is one of them. Mostly, these indicators are known for predicting the bottom because when they have appeared in the past, it did not take long until the Bitcoin price reached the lowest level of the cycle. The interesting thing about the CVDD flashing now is how low it is putting the BTC price before it finds a bottom. CVDD Says Bitcoin Price Is Going Lower The Cumulative Value Days Destroyed (CVDD) was highlighted by crypto analyst TradingShot…

A newly filed bipartisan bill in the U.S. Senate would effectively let states opt out of the federal recriminalization of hemp THC products that is set to be enacted later this year. Hemp derivatives with less than 0.3 percent delta-9 THC on a drug-weight basis were federally legalized under the 2018 Farm Bill that President...

In brief Bitcoin funding rates have remained negative for over a month even as BTC touched $76,000, signaling heavy bearish positioning. A potential uptrend could see Bitcoin revisit $125,000 in 30-60 days, Decrypt was told. Despite bullish catalysts, analysts remain cautious, highlighting $80,000 as a key trigger level; failure risks a double-digit sell-off similar to...

Anthropic announced on Friday that it’s launching Claude Design, a new experimental product that lets users create visuals like prototypes, slides, one-pagers, and more using Claude. The company says Claude Design is intended to help people like founders and product managers without a design background share their ideas more easily.  With Claude Design, users describe what they want, and Claude will create an initial version. From there, users can refine the visuals with direct edits or requests.  For example, you could ask Claude to “prototype a serene mobile meditation app. It should have calming typography, subtle nature-inspired colors, and a…

Bitcoin’s quantum risk may show up in derivatives markets well before any compromised coins move on-chain, according to FalconX co-head of markets Joshua Lim, who used an X thread on April 16 to map out what he sees as the most tradable signals around a potential “q-day” event. Lim’s core argument is that the market problem is not simply whether Bitcoin can migrate to post-quantum cryptography. It is also whether the network can politically resolve what to do with Satoshi Nakamoto’s coins and other old outputs that may never participate in such a migration. Quantum Risk Could Hit Bitcoin Through…

Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. And check out our new daily news show covering all of the top stories in 5 minutes or less, downloadable on Apple Pod or Spotify.GM!Today’s top news: Crypto majors rally as Trump...