Author: American Coins & Gold

You May Not Like It, but Casey Rodarmor Proves Bitcoin Is Permissionless
The creator of the Ordinals and Runes protocols discussed his motivations on stage at Consensus 2024.

Bitcoin Tops K to Lead CoinDesk 20 Gainers: CoinDesk Indices Market Update
All but two assets in the gauge lost ground over the past week, led by UNI’s 14% decline.

Options Traders Brace for Volatility as BNB Nears Record High
Binance’s native BNB token is approaching an all-time high of $705 after surging by more than 10% from Sunday’s low of $597.

India Springs Election Surprise, Sends Equity Market Crashing With Uncertain Implications for Crypto
India’s voters have sprung an election surprise, even though Prime Minister Narendra Modi’s party and its allies are poised to return to power, a result that could see the government kick the crypto policy can down the road” in terms of its priorities.

Bitcoin-Based Meme Coin DOG Rockets Toward B Market Cap
A meme coin issued on Bitcoin’s Runes protocol is nearing a $1 billion market cap following a 200% surge over the past 30 days.

Multicoin, Coinbase Ventures Invest in Latin American Stablecoin-Powered SuperApp El Dorado
Stablecoin adoption is soaring in the region as many people turn to the crypto tokens as a shield against currency devaluation and cheap remittances.

Bitcoin Miner Core Scientific Surges After AI Deal, Report of Over B Buyout Offer From CoreWeave
Cloud computing provider CoreWeave made an offer to buy the bitcoin miner for $5.75 per share, according to Bloomberg.

Polygon Spinoff Avail Raises M in Series A Funding
The news comes three months after Avail, the data availability company, disclosed its $27 million seed funding round.

Polygon Acquires Zero-Knowledge Cryptography Firm Toposware
The acquisition means that Polygon has invested over $1 billion in zero-knowledge technology and firms, the team shared in a press release. Sources close to the deal told CoinDesk that the acquisition is near $30-50 million.

Bitcoin Layer 2 Ark Protocol's Team Forms New Firm as Lightning Network Competitor