Author: American Coins & Gold

Bitcoin Mining Was Less Profitable in July Than June, Jefferies Says
August will be a more difficult month for the miners as the price of bitcoin has dropped about 5% while the network hashrate has started to grow again, the report said.

Binance Completes Registration With India's Financial Intelligence Unit Months After Being Fined
The registration was provisionally approved in June, subject to the crypto exchange paying a fine of about $2.2 million.

BitGo Reiterates Autonomy From Justin Sun, Tron as MakerDAO Decides to Dump WBTC
Critics of Sun’s involvement don’t understand the operational mechanics, the crypto custodian’s CEO, Mike Belshe, said during an X Space discussion.

Bitcoin Drops to K After U.S. CPI Print, BTC ETFs Record M Outflow
Traders say bitcoin could drop to $55,000 in the near-term, but favorable Fed policies could set the stage for its next leg up.

Protocol Village: Solana Restaking Protocol Solayer Hits Mainnet, Wormhole Rolls Out 'Era3' Roadmap
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Aug. 15-21, 2024.

Protocol Village: Solayer Plans Mainnet Within 3 Months, Wormhole Rolls Out 'Era3' Roadmap
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Aug. 15-21, 2024.

U.S. Crypto Bill Can Happen This Year, Senate's Schumer Tells Crypto Backers of Harris
U.S. crypto legislation can happen this year, Senate Majority Leader Chuck Schumer (D-N,Y,) said Wednesday at the first major event in which crypto insiders have come out for Vice President Kamala Harris as their favored presidential contender.

Protocol Village: Wormhole Rolls Out 'Era3' Roadmap, XION Plans Token
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Aug. 15-21, 2024.

Trump Organization to Launch a Cryptocurrency Initiative, Eric Trump Says: Report
The Trump Organization, the holding company for former U.S. President Donald Trump’s business ventures, will soon unveil its new cryptocurrency initiative, according to a Wednesday report from the New York Post.

The Protocol: Memecoin Trading Is Suddenly Trump.fun
Blockchain has gone even more ridiculous than usual over the past week, with headlines focused on Trump-themed memecoins and the Solana-based launchpad Pump.fun. PLUS: Ethereum developers tee up revamp of the EVM programming environment.