Author: American Coins & Gold

First Mover Americas: Bitcoin Retreats as Mt. Gox Moves B of BTC
The latest price moves in bitcoin (BTC) and crypto markets in context for July 16, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Crypto Traders Search for Clues in Solana's Triangle Pattern
SOL’s months-long triangular price consolidation could bring good news for the bulls.

Craig Wright Referred to UK Prosecutors for Consideration of Perjury Charges
In March, a U.K. judge ruled that Wright was not, as he had claimed, the creator of bitcoin.

Ether Spot ETFs Could See Up to .4B of Net Inflows in First 6 Months: Citi
Spot ether exchange-traded funds are expected to see 30%-35% of bitcoin ETFs’ net inflows, and may disappoint due to a number of other factors such as the lack of staking, the report said.

Bitcoin Dips Below K As Mt. Gox Moves .8B BTC to Internal Wallets
One observer said the movement of coins was likely a part of the exchange’s creditor reimbursement plan.

Ether Hedging Activity Picks Up as U.S. ETF Debut Nears
Investors’ focus on ether is evident from ETH’s sustained volatility premium over BTC.

CarnationFM: A Decentralized Radio Playing Songs With Encrypted Hidden Messages
A music-focused radio FM which allows songs to act as a transport vessel for hidden messages has emerged from EthBerlin 2024 as the award winner for the Best Social Impact.

SEC Tells ETH ETF Issuers Fund Can Start Trading Next Tuesday: Sources
Prospective issuers of a spot ethereum {{ETH}} exchange-traded fund (ETF) were told by the Securities and Exchanges Commission (SEC) on Monday that the funds can begin trading next Tuesday, a source told CoinDesk.

Plaintiffs File New, Slimmed Down Complaint in Class Action Lawsuit Against Tether
Plaintiffs in an ongoing class action lawsuit against Tether and Bitfinex have filed a new, slimmed-down complaint accusing the crypto companies of manipulating the crypto markets and violating antitrust laws.

Pro-Crypto Ohio Senator J.D. Vance Is Donald Trump's Vice President Pick
Former President Donald Trump and presumptive Republican nominee for the position announced he chose Ohio Senator J.D. Vance to be his running mate on Monday.