Author: American Coins & Gold

Crypto for Advisors: Advisors and Crypto
In today’s Crypto for Advisors newsletter, Adam Blumberg shares the key highlights and trends from the recent FA/RIA at the Consensus 2024 conference.

Before Meme Stocks, WallStreetBets Traders Mainlined Options

Bitcoin Mining Stabilizes Power Grids Strained by AI Data Centers
Bitcoin miners help expand the use of renewable energy and balance energy networks, says Ryan Condron, co-founder of Lumerin.

EU Body Publishes Final Draft Technical Standards for Prudential Matters: MiCA
The European Banking Authority (EBA) published on Thursday the final draft technical standards on prudential matters for firms to comply with that fall under the markets in crypto assets (MICA) legislation.

Ether ETFs Should be Fully Approved by September, Says SEC Chair Gensler
U.S. Securities and Exchange Commission Chair Gary Gensler said that the final approvals for exchange-traded funds (ETFs) trading Ethereum’s ether {{ETH}} should be finished this summer, he told senators in a budget hearing on Thursday.

Swiss Regulator Shutters Crypto-Linked FlowBank, Begins Bankruptcy Process
FINMA announced Thursday that FlowBank’s minimum capital requirements were found to have been “significantly and seriously breached.”

Protocol Village: McLaren Data Tracker on Minima Blockchain Could Prevent Race Car Cheating
The latest in blockchain tech upgrades, funding announcements and deals. For the period of June 13-19.

Early Buyers of Andrew Tate’s DADDY Meme Coin Apparently Sitting on M in Unrealized Value
There is no evidence to show Tate sold tokens from his doxxed wallets, but some supposed “insider” buying activity before the token’s promotion on X shows too much of the token in too little hands.

White House Expected to Nominate CFTC Commissioners to FDIC, Treasury Roles: Reports
The White House is expected to nominate Commissioner Christy Goldsmith Romero as the next Federal Deposit Insurance Corporation Chair media outlets have reported.

Blockchains Are Revolutionizing Public Goods Funding
Rewriting how capital flows through society is arguably the biggest unlock in crypto. As blockchains compete for market share, we’re begging to see rapid experimentation with novel forms of funding that grow ecosystems, says Sophia Dew.