Author: American Coins & Gold

First Mover Americas: Bitcoin Shaky as Traders Bank Profits
The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 15, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Bitcoin ETFs Witness Third Highest Outflow Since Launch, the Other Two Times Foreshadowed Price Bottoms
Bitcoin’s price has now corrected approximately 6% since the all-time high break on Nov. 13.

Aave Gauges Community Interest for Expansion to Bitcoin Layer 2 Spiderchain
The potential deployment on a Bitcoin layer-2 by the largest DeFi lending protocol highlights the appetite for harnessing the original blockchain for purposes that are commonplace elsewhere in the crypto ecosystem.

Is Bitcoin on Shaky Ground? Market Signals Reflect Patterns That Foretold the Recent Slide in Trump Media Shares
Shares in Trump media experienced a similar dynamic before the recent price slide.

Razzlekhan's Husband Gets Five Years Prison Sentence for Bitfinex Hack
For her role in the theft and laundering of around 120,000 bitcoin, Razzlekhan will receive her sentence on Nov. 18.

Trump Names Former SEC Chair Jay Clayton to DOJ Office, the Same Office That Prosecuted SBF
President-elect Donald Trump said former Securities and Exchange Commission Chair Jay Clayton would be his U.S. Attorney for the Southern District of New York, heading up the state’s Department of Justice branch.

XRP Jumps 17%, Outperforms Rest of the Market as Rally Cools; Trader Thinks 0K Bitcoin Target Still in Play
“We believe that the underlying strength in BTC represents a systematic shift in the market in anticipation of Trump’s return to office,” QCP Capital traders said in a Friday broadcast.

XRP Jumps 17% Outperforms Rest of the Market as Rally Cools; Trader Thinks 0K Bitcoin Target Still in Play
“We believe that the underlying strength in BTC represents a systematic shift in the market in anticipation of Trump’s return to office,” QCP Capital traders said in a Friday broadcast.

Republican State AGs and DeFi Lobby Sue SEC Over Crypto Enforcement Actions
A group of state attorneys general and the DeFi Education Fund filed a lawsuit against the U.S. Securities and Exchange Commission and its five commissioners alleging the regulatory agency was overstepping its bounds in bringing enforcement actions against crypto exchanges.

Ex-SEC Lawyers Agree: Crypto Enforcement Shackles May Take Time to Resolve
After years of legal wrangling with the U.S. securities regulator, President-elect Donald Trump’s win was taken by the crypto industry as a definitive sign that their courtroom shackles and enforcement actions would be thrown off when he takes the oath of office again.