Author: American Coins & Gold

Iris Energy Is Positioned to Become One of the Biggest Listed Bitcoin Miners: Canaccord
The broker raised its price target for the shares to $15 from $12 and reiterated its buy rating.

Mt. Gox Moves B Bitcoin to New Wallet, 0M to Bitstamp Exchange
The defunct exchange has moved billions of dollars worth of bitcoin over two days.

What Does Kamala Harris' (Presumptive) Nomination Mean for Crypto This Election?
Vice President Kamala Harris is now the presumptive Democratic Party nominee for President of the United States, after President Joe Biden abruptly announced he was withdrawing from the race. With her assent to the top of the party ticket comes questions about how a potential Harris Administration might differ from the Biden Administration’s approach to crypto.

Hex Trust Receives In-Principle Approval from Singapore's MAS For Major Payment Institution License
The Major Payment Institution license would allow for the company to offer regulated Digital Payment Token services, such as custody.

Ether ETFs See 7M Inflows on Day One as Trading Volume Tops B
Investors traded over $1 billion worth of shares – or ether {{ETH}} – of the freshly launched ether exchange-traded fund (ETF) issuers on the first day of trading, data from Bloomberg shows.

Ether ETF Volumes Top B on Day One
Investors traded over $1 billion worth of shares – or ether {{ETH}} – of the freshly launched ether exchange-traded fund (ETF) issuers on the first day of trading, data from Bloomberg shows.

BlackRock's 0M Tokenized Fund Pitches for Ethena's RWA Investment Plan
Ethena’s proposal to allocate funds to tokenized real-world assets for yield follows similar actions by crypto lender MakerDAO and Ethereum layer-2 Arbitrum’s development organization.

Coinbase Narrows Demand for SEC Chair Gensler's Crypto Messages
Coinbase Inc. (COIN) is going after internal chatter at the U.S. Securities and Exchange Commission (SEC) that may shed light on its pursuit of cryptocurrency exchanges as illegal enterprises – including Chair Gary Gensler’s own communications – but the scope of its latest request filed on Tuesday has been dialed back after resistance from a federal judge.

Bitcoin Slips to Near K as Mt. Gox Creditors Receive Assets on Kraken
The imminent distribution of nearly $9 billion worth of bitcoin and bitcoin cash to Mt. Gox creditors have been a major overhang on crypto markets, with investors concerned about how much of those assets will be sold.

Spot Ether ETFs See 0M in Volume In First Half Day of Trading
The eight recently launched spot ethereum {{ETH}} exchange-traded funds (ETFs) posted nearly $600 million worth of volume in the first half of their first day of availability, according to data from Bloomberg.