Author: American Coins & Gold

Protocol Village: Lita Releases 'Valida ZkEVM,' Claims Speed, Efficiency Advantages
The latest in blockchain tech upgrades, funding announcements and deals. For the period of May 16-22.

Leading Crypto-Policy Academic in Washington to Open Disclosure Firm Bluprynt
Georgetown Law professor Christopher Brummer leads an annual event on emerging financial technology in Washington that became a top forum for crypto issues in recent years. Now he’s joining the sector, founding Bluprynt to help the industry with its regulatory disclosures as rules begin to emerge around the world.

First Mover Americas: Bitcoin Tops K as Interest-Rate Cuts Loom
The latest price moves in bitcoin (BTC) and crypto markets in context for May 16, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

India's Market Regulator Suggests Shared Crypto Oversight Even as RBI Seeks Stablecoin Ban: Reuters
The Securities and Exchange Board of India submitted a recommendation that several regulators should oversee trade in cryptocurrencies, Reuters reported citing documents.

Ether-Bitcoin Ratio Slides to Lowest Since April 2021. Here's Why
The ether-bitcoin ratio slides to a three-year low, extending year-to-date losses to nearly 16%.

Bitcoin Traders Expect Prices to Hit K Highs as Selling Pressure Eases
One trading desk has seen an uptick in call buying activity with targets of as high as $120,000 for December 2024.

Tornado Cash Developer Alexey Pertsev Appeals Guilty Verdict
Pertsev was found guilty of money laundering on Tuesday by a Dutch judge.

SHIB to Get More Scarce as Key Exchange Expands to Shibarium
Increased transactions on the Shibarium blockchain will lead to a higher burn rate for the SHIB token, reducing its circulating supply.

CME Looks to Take on Binance and Coinbase, Could Launch Spot Bitcoin Trading: Report
The CME is already the top bitcoin futures exchange by open interest, while the offshore, non-regulated Binance dominates the spot market.

Coinbase to Target Australia's Self-Managed Pension Funds: Bloomberg
Coinbase is developing a service which will specifically target Australia’ self-managed pensions sector, the exchange’s Asia-Pacific Managing Director John O’Loghlen told Bloomberg.