Author: American Coins & Gold

Meme Sector Sees Sharp Selloff as GameStop Losses Extend to 60%
A Solana meme parody of the actual company was down 25% in the past 24 hours, with steep losses across other meme tokens that tended to move in tandem with GameStop.

ZKsync’s ZK Airdrop Is Coming ‘Next Week,’ Here's What to Expect
According to the plan released Tuesday, 17.5% of ZK’s 21 billion total token supply will be airdropped to users beginning “next week.”

Bitcoin Slips Below K as ETFs Bleed M, Asian Stocks Decline
The U.S.-listed spot BTC ETFs registered a cumulative outflow of over $64 million on Monday.

Protocol Village: Wormhole Opens W Staking
The latest in blockchain tech upgrades, funding announcements and deals. For June 10 – June 17.

AI-Linked Crypto Tokens Underperform as Apple's Event Fails to Impress Traders
Tokens of Render, Fetch.ai, SingularityNET and Bittensor slumped 3%-5% despite mostly flat bitcoin and broader crypto prices.

Optimism Finally Gets Its Mission-Critical 'Fault Proofs'
For years, Optimism was missing a core feature at the heart of its design: “Fault proofs.” On Monday, that tech is finally here.

In Defense of Meme Coins
The only thing worse than meme coins is complaining about the financialization of memes.

Solana Heavyweights Wage War Against Private Mempool Operators

EU Vote See Reelection of Some Officials With Key Roles in Bloc's Crypto Journey
Among the MEPs retaining their seats is Stefan Berger, who steered the landmark MiCA legislation.

Senate Bill Could Open Crypto to U.S. Sanctions, but Industry Trying to Head It Off
A piece of legislation with heavy implications for the digital assets sector made it through the Senate Select Committee on Intelligence’s funding package recently without most in the industry – and many in Congress – apparently aware of it, but industry insiders consider its chances for survival to be limited.