Author: American Coins & Gold

Fed Chair Jerome Powell Expected to Set Stage for September Rate Cut
Bitcoin remains nearly 20% below its all-time high, while U.S. stocks and gold are at or within close shouting distance of record levels.

Memecoin Frenzy Reaches Tron as Justin Sun-Backed SunPump Rakes in Big Bucks
The memecoin generator launched in mid-August and has crossed $1 million in revenues in its first nine days – a large amount considering Tron’s low fees.

Avalanche Becomes Latest Blockchain to Support Franklin Templeton's Tokenized Money Market Fund
The fund’s official record of share ownership is kept on the Stellar network and the fund may also use Polygon and Arbitrum for certain accounts.

NEAR Blockchain Gets Major Upgrade to Add 'Stateless Validation'
NEAR Protocol has deployed a major upgrade known as “Nightshade 2.0” on its main network, designed to improve the scalability and usability of the blockchain.

Crypto Asset Manager Grayscale Offers AVAX Token Investment in New Avalanche Trust
The provider of bitcoin and ether ETFs now offers more than 20 crypto investment products.

First Mover Americas: Bitcoin Advances Following Reports of RFK Jr. Withdrawal
The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 22, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Crypto OTC Desks Now Hold Over B in Bitcoin: CryptoQuant
Miners often turn to OTC deals to sell bitcoin, CryptoQuant noted.

Former FTX Executive Ryan Salame Claims Government Backtracked on Plea Deal: Filing
Salame’s counsel argued in a filing that the government resumed investigating his domestic partner, ADAM CEO Michelle Bond, despite despite assurances that the investigation would cease if he cooperated.

Bitcoin Flipflops; MATIC, LINK Surge as Dim Market Action Continues
Polygon and Chainlink’s tokens surged as much as 10% on fundamental developments.

Bitcoin's Uptrend Threatened by Looming 'Stochastics' Signal: Fairlead Strategies
The pending signal, if confirmed, would imply a challenging time ahead, according to analysis by Fairlead Strategies.