Author: American Coins & Gold

Bitcoin Climbs Over K, With Some Saying Mt. Gox Sales Already ‘Priced In’
Markets have priced in Mt. Gox’s ongoing repayments and U.S. policies could now start influencing the market, one trading desk said.

Digital Asset Funds Flip Positive for First Time in 4 Weeks: CoinShares
CoinShares attributes the inflows to recent price weakness prompted by defunct crypto exchange Mt. Gox initiating preparing to initiate repayments to creditors.

Ether Retakes K Amid Signs of Seller Exhaustion Before ETF Debut
Discounts in the Grayscale Ethereum Trust and the Coinbase indicator have evaporated in a positive sign for the ether bulls.

Bitcoin Mining Profitability Rose in June as Market Adjusted for the Halving: Jefferies
U.S.-listed mining companies produced a greater share of bitcoin in June than May as they brought on new capacity while the network hashrate dropped, the report said.

France Votes for Hung Parliament as Major Parties Fall Short of Majority
The absence of an outright majority could hamper the passing of new legislation, including crypto regulations.

Ethereum ICO-Era Stalwart Golem Sent 0M Ether to Exchanges in the Past Month
The protocol was one of the first ICOs on Ethereum, raising $8.6 million worth of ether in 29 minutes and setting the precedent for thousands of other ICOs in the years since.

Germany Sill Holds .2B Worth of Bitcoin, Blockchain Data Show
Germany has been running down its coin stash since mid-June.

CoinDesk 20 Down 7%, Bitcoin Sinks by 5% as Asia Trading Week Begins
CoinDesk 20 Down 7%, Bitcoin Sinks by 5%, as Market Tumbles as Asia Trading Week Begins

Bitcoin ETF Investors Bought the Dip on Friday, With Inflows Topping 0M
Returning to their screens following the July 4 break, U.S. traders were confronted with prices that had plunged roughly 10% from pre-holiday levels.

Biden's Odds on Polymarket Little Changed After ABC TV Interview
The president’s chances of reelection remain 12% and his probability of dropping out stayed at 63%, according to traders on the crypto-based prediction market platform.