Author: American Coins & Gold

Kraken Said to be Raising Over 0M Pre-IPO Funding: Bloomberg
Kraken is looking to raise more than $100 million and this may be completed by the end of this year, Bloomberg reported.

Crypto for Advisors: Layer 2s and the Evolution of Bitcoin
The Bitcoin community has developed various layer-2 blockchains that enhance the network’s efficiency and functionality without altering its core software.

Coinbase Wallet Adds Crypto Trading Alerts From Notifi
Notifi will deliver notifications to users of the Coinbase wallet.

Cathie Wood's Ether ETF Pullback Is Likely Due to Fee War
Cathie Wood’s Ark Invest was the first company to seek permission to create a spot ether ETF in September, a pioneer who blazed the trail before a wave of other high-profile applicants. It has since dropped out of the race, likely because of the incoming intense fee battle, experts say.

Decentralized Exchange SushiSwap Goes Live on Bitcoin Sidechain Rootstock
Rootstock’s goal is to combine the security of the Bitcoin network with the smart contract capabilities of Ethereum.

Franklin Templeton Weighs New Crypto Fund Investing in Tokens Beyond Bitcoin, Ether: Report
The private fund targeting institutional investors would offer exposure to a range of cryptocurrencies beyond bitcoin and ether, The Information reported.

The Sandbox Raises M at B Valuation, SAND Rises 4.5%
Metaverse platform The Sandbox has raised $20 million at a $1 billion valuation as it looks to enhance its user-generated multiplayer gaming platform.

U.S. Crypto Regulations Are Moving Against a CBDC and Non-Compliant Stablecoins Like Tether: JPMorgan
Out of four recent crypto regulatory initiatives, the stablecoin bill has the highest chance of being passed before the U.S. presidential election, the report said.

First Mover Americas: Bitcoin Fluctuates Around K, Consolidating This Week's Rally
The latest price moves in bitcoin (BTC) and crypto markets in context for June 6, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Binance Resumes Mastercard Payments for Crypto
As well as Mastercard payments, the Binance-branded Visa card, which was also switched off last year, has restarted functionality on the exchange.