Author: American Coins & Gold

Bitcoin Staking Project Babylon Raises M Led by Paradigm
The funding round included contributions from Polychain Capital and the venture arm of crypto exchange and CoinDesk parent company Bullish.

Crypto Hacks, Rug Pulls Led to 3M Worth of Losses in 2024: Immunefi
More than $473 million worth of cryptocurrency has been lost to hacks and rug pulls in 2024, according to a report by security researcher Immunefi

Ether Put-Call Ratio Hits One-Year High, Hints at Bullish Bias Despite Pause in Rally
The uptick signals a bullish outlook, according to Wintermute.

First Mover Americas: Crypto in the Red Ahead of Friday's U.S. Inflation Data
The latest price moves in bitcoin (BTC) and crypto markets in context for May 30, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Bitcoin Traders Warn of Pullback as U.S. Inflation Data Looms; Dogecoin Leads Majors Slide
Crypto markets are expected to remain shaky ahead of Friday’s U.S. inflation data release, one trading desk said.

Singapore's Largest Bank DBS Is an Ether Whale With Nearly 0M in ETH: Nansen
The address has already made $200 million from its ether holdings.

Chiliz's CHZ Token Pre-UEFA Euro Price Surge Revives FIFA Memories
CHZ has surged over 20% in seven days, the third-biggest gain among the top 100 cryptocurrencies by market value.

BlackRock Amends Ethereum ETF Application; Bloomberg’s Balchunas Sees ETF Going Live By June
A ‘Seed Capital Investor’ has purchased 400,000 shares of the proposed filing, BlackRock revealed in its document.

U.S. Lawmaker at Center of Crypto Negotiation Predicts Digital Assets Law by Next Year
Rep. Patrick McHenry (R-N.C.) vowed the crypto industry won’t have long to wait to get U.S. regulations, now that the U.S. House of Representatives has shown the way.

U.S. Treasury Isn’t Trying to Ban Crypto Mixers, Top Official Says
FinCEN’s 2023 proposal to require crypto companies to report transactions that involved mixing is about transparency, not banning mixers, said Brian Nelson, U.S. Treasury undersecretary.