Author: American Coins & Gold

Can a Strategic Bitcoin Reserve Move Forward Without Congress? Experts Disagree
It’s unclear whether the U.S. government has the authority to use seized bitcoin to constitute a strategic reserve.

Bitfinex Hack Launderer Heather 'Razzlekhan' Morgan Sentenced to 18 Months in Prison
Heather “Razzlekhan” Morgan, who helped launder the proceeds of the 2016 Bitfinex hack led by husband Ilya “Dutch” Lichtenstein, has been sentenced to 18 months in prison in the incident that drained almost 120,000 bitcoin from the exchange.

Only Congress Can Ban Election Betting, Kalshi Tells Appeals Court in New Filing
The U.S. Commodity Futures Trading Commission (CFTC) may not like election betting, but only Congress — not the regulator — has the authority to ban it, embattled prediction market purveyor Kalshi argued in a Friday court filing.

Beyond the Ballot: How DeFi Is Preparing for DC’s Next Chapter
Innovation, consumer protection and financial inclusion are neither Republican nor Democratic values — they’re American ones, says Rebecca Rettig, Chief Legal & Policy Officer at Polygon Labs.

Polymarket Trader Loses Millions on Tyson After Making Bank on Trump
Plus: the market is not confident if Matt Gaetz will be confirmed as Trump’s attorney general.

CoinDesk 20 Performance Update: XLM Surges 73.2% Over Weekend in Broad Rally
The CoinDesk 20 gained 6.5% over the weekend with all but two assets trading higher.

Lido Co-Founders Said to Plot Competitor to Sam Altman's World Network
The new digital identity platform, Y, forgoes World Network’s controversial biometric authentication for a system based on users’ online activities.

Semler Scientific Added 215 Bitcoin to Holdings, Bringing Stack to 1,273 BTC
Semler Scientific raised $21.5 million through its at-the-market equity offering, purchased 215 BTC.

First Mover Americas: Solana Breaks Out to New Cycle Highs
The latest price moves in bitcoin (BTC) and crypto markets in context for Nov 18, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Michael Saylor's MicroStrategy Added Additional 51,780 Bitcoin for .6B
The company now holds 331,200 bitcoin acquired for roughly $16.5 billion and worth just shy of $30 billion.