Author: American Coins & Gold

Bitcoin to Account for 7% of Global Wealth, Surge in Price to M in 21 Years: Michael Saylor
The Executive Chairman of MicroStrategy spoke Friday at Bitcoin 2024.

Bitcoin Layer 2 Rootstock Verifies Zero-Knowledge SNARK
Rootstock verified the SNARK using BitVMX, which is Rootstock’s modified version of BitVM

Stablecoin Default Guarantees Pose Risks to the Issuing Banks, Swiss Regulator Says
FINMA’s guidance explains how banks can limit the risks associated with guaranteeing stablecoin customers’ deposits.

Ledger Unveils Second New Wallet of 2024
“Ledger Flex”, like the Stax wallet which launched in May, incorporates touchscreen technology to “redefine the experience of self-custody,” CEO Pascal Gauthier said.

CoinDesk 20 Performance Update: RNDR's 12% Gain Leads as Index Rebounds
CoinDesk 20 Index jumped 4.4% fueled by RNDR’s 12.6% rise and NEAR’s 7.7% gain.”

Crypto Use in Terror Financing Rises, but Is Still Relatively Small: Singapore
Singapore’s government noted an increasing use of cryptocurrencies in terror financing, even though it acknowledges that cash and other informal value transfer systems remain the predominant means for financial transactions.

First Mover Americas: Bitcoin Regains ,000, Adds Nearly 5% in 24 Hours
The latest price moves in bitcoin (BTC) and crypto markets in context for July 26, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Elon Musk’s X Quietly Removes Bitcoin, MAGA Emojis From Hashtags
Logos for several tokens started to first appear on X, previously Twitter, in 2020, as a step to improve brand adoption and recall on the internet.

Bitcoin Analysts Express Optimism as Price Nears Resistance Level That Stymied It in May
The Bitcoin mining hashrate, a leading indicator for bitcoin rallies, has improved, one observer said, explaining the bullish outlook.

BTC Outperforms Broader Crypto Market, Ether Price Drop Mirrors Bitcoin ETF Launch
AAVE is surging following a token buyback proposal.