Author: American Coins & Gold

First Mover Americas: Bitcoin Falls Below K Following 0M in ETF Outflows
The latest price moves in bitcoin (BTC) and crypto markets in context for June 21, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

U.S. Lawmakers Visit Detained Binance Exec in Nigeria, Call for Release
The two House members said Tigran Gambaryan is being wrongfully detained and should be freed.

Standard Chartered Is Building a Spot BTC, ETH Trading Desk: Bloomberg
Standard Chartered would become one of the first global banks to enter spot cryptocurrency trading.

Bitcoin ETFs Post 0M in Net Outflows This Week
Thursday marked the fifth straight day of net outflows for the U.S.-listed ETFs in their worst performance since mid April.

Winklevoss Twins Say They Each Gave Million to Trump Presidential Campaign
Gemini CEO Tyler and his twin brother Cameron Winklevoss, the company’s president, have made two of the first major presidential contributions from prominent crypto executives, favoring former President Donald Trump with $1 million each in support, Tyler explained Thursday in a extensive posting on X.

California Judge Breaks With New York Counterpart, Sends Ripple Securities Lawsuit to Trial
A California judge has ruled that a civil securities lawsuit against Ripple will proceed to trial, denying in part the crypto firm’s motion for summary judgment in a suit alleging that Ripple’s CEO violated state securities laws in 2017.

Canada's 3iQ Files to List Solana ETP in Toronto
3iQ was a leader in getting some of the first crypto ETFs past the finish line and listed on the TSX

Mexican Cartels Using BTC, ETH, USDT, Other Tokens to Buy Fentanyl Ingredients: U.S.
Criminal organizations in Mexico have been using several popular digital assets to buy the materials needed to make the drug fentanyl, according to the U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN), which cited the use of bitcoin and other tokens in a Thursday advisory.

Crypto for Advisors: Crypto Trends
The digital asset market has begun transitioning from early adoption to mass adoption. A sea change in industry leadership, product development and fiduciary commitment swept crypto in 2023 and early into 2024.

DeFi Technologies Stock Sell-Off Is 'Attractive Buying Opportunity,' Benchmark Says
The stock lost nearly half of its value earlier this week following the tumble in altcoins and after the publication of a negative opinion piece in a crypto newsletter, the report said.