Author: American Coins & Gold

Bitcoin Plunges to K, Altcoins Bleed 10%-20% as Week Turns Ugly
BTC plummeted more than 2% in an hour to $65,200 during the U.S. trading session from around the $67,000 area. The leading crypto was down 7.5% over the past seven days

MicroStrategy Increases Convertible Note Offering by 40% to 0M in Bitcoin Splurge
The proceedings of the issuance will be used to acquire more bitcoin and for general corporate affairs.

Protocol Village: Manta Foundation Launches M EcoFund and Ecosystem Grant Program
The latest in blockchain tech upgrades, funding announcements and deals. For the period of June 13-19.

Drake on Brink of M Bitcoin Loss as NHL and NBA Bets Sour
Canadian singer Drake is on the cusp of losing $1 million worth of crypto after he placed two individual $500,000 bets on the Edmonton Oilers and the Dallas Mavericks to win their respective Stanley Cup and NBA finals.

DeFi Heavyweight Curve Focused on Becoming ‘Safest’ Lending Platform, Founder Says
Curve founder Michael Egorov’s $100 million in loans taken from various protocols using Curve’s CRV tokens started to automatically liquidate on Thursday, sending the token down as much as 30% before it briefly recovered.

First Mover: Bitcoin Struggles Near ,000 as Cryptos Lag Behind Stocks
The latest price moves in bitcoin (BTC) and crypto markets in context for June 14, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Nigeria Drops Tax Charges Against Binance Executives
The executives, Tigran Gambaryan and Nadeem Anjarwalla, are still named in a money-laundering case.

Nigeria Drops Tax Charges Against Binance Executives: Family Spokesperson
A money-laundering trial is still scheduled, with Binance executives Tigran Gambaryan and Nadeem Anjarwalla remaining on that case.

Bitcoin Traders See Short-Term Bearish Target at K as Miners Pare Holdings
Persistent testing of the lows sets the bears up for quick success with their next target at $60,000, one trader said.

More Central Banks Are Exploring a CBDC, BIS Survey Finds
There’s a greater chance of a wholesale CBDC being issued within six years than a retail one, according to the report.