Author: American Coins & Gold

Protocol Village: Quai Releases Mainnet-Compatible Devnet, Crunch Lab Raises .5M
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Aug. 15-21, 2024.

Bitcoin Mining Profitability Fell to All Time Lows in August, JPMorgan Analyst Says
The total market cap of the fourteen publicly listed mining stocks the bank tracks fell 18% since the end of last month, the report said.

CoinDesk 20 Performance Update: UNI leads with 3.8% Gains as Index Rises
Twelve assets in the CoinDesk 20 Index gained, with ADA joining UNI among the largest advancers.

Nigeria Court Freezes M of Crypto Allegedly Sent to Support Protests in the Country: Reports
Nigerian authorities have traced $50 million of cryptocurrency sent to support recent protests, local media reported.

First Mover Americas: Crypto Trades Little Changed Following Thursday's Slide
The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 16, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Bitcoin, Ether Held in BlackRock ETFs Cross Those of Grayscale’s for the First Time
BlackRock is now the largest holder of the two assets in publicly traded funds.

Digital Payments Platform Flexa Launches Crypto Point-of-Sale Tool
Flexa Components will allow retailers to accept crypto payments like USDC at the point of sale.

Record Drop in Ethereum Gas Fees Marks Historically Bullish Signal For ETH, Analyst Says
“Every time ETH gas fees have dropped to rock bottom, it has often signaled a price bottom in the mid-term,” one market watcher said.

Justin Sun Bets on Memecoins With Tron-Based Token Generator
Sun.io, the DeFi platform associated with Tron founder Justin Sun, has released a token generator dubbed SunPump.

South Korea's Pension Fund Snaps Up Nearly M MicroStrategy Shares
South Korean pension fund, National Pension Service (NPS), has bought MicroStrategy (MSTR) shares worth nearly $34 million in the second quarter of this year, according to filings made public earlier this week.