Author: American Coins & Gold

Crypto Principal Trader Arbelos Markets Raises M Led by Dragonfly Capital
Before starting Arbelos Markets last year, Tang served as chief investment officer at quantitative digital asset investment firm LedgerPrime while Lim was head of trading strategy at Galaxy and head of derivatives at now-defunct crypto lender Genesis.

First Mover Americas: Bitcoin Hovers Above K
The latest price moves in bitcoin (BTC) and crypto markets in context for May 8, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

UK Minister Says Government Only Has Time to Implement Stablecoin, Staking Legislation
Economic Secretary Bim Afolami said that the government could put through stablecoin and staking legislation in the coming weeks but will outline was is coming later.

Key Bitcoin Indicator Points to Period of Calm in Crypto Market
BTC’s volatility risk premium (VRP) has collapsed in a sign of a market trending towards stability, where future uncertainties are less of a concern.

Japanese Crypto Exchange Coincheck Sees Nasdaq Listing Completion in Second, Third Quarters
Coincheck said the timing is subject to approval by Thunder Bridger IV’s stockholders, the SEC and Nasdaq.

U.S. Financial Industry to Explore Sharing Ledger Technology for Multiasset Transactions
Major stakeholders in the U.S. financial sector, including Citi, JPMorgan, Mastercard, Swift and Deloitte, are teaming up to explore sharing ledger technology by simulating multiasset transactions in dollars.

The Crypto Lawsuit State of Play
Last month, Ethereum incubator ConsenSys sued the U.S. Securities and Exchange Commission (SEC) for an injunction asking a federal court to block the regulator from investigating its MetaMask offering or from declaring Ether (ETH) a security. It’s the latest company to follow a growing trend of preemptive litigation against the SEC.

Crypto Exchange Bitpanda Expands Austrian Presence With Raiffeisen Bank Partnership
Bitpanda’s crypto offering in partnership with Raiffeisen Bank has been extended beyond Vienna to 55 bank branches across Austria

Lyra Finance Now Lets Liquid Restaking Token Holders Earn Extra Yields From Automated Trade Strategies
LRT holders can tokenize any yield-bearing strategy to generate an annualized percentage yield of 10% to 50%.

Indonesia Regulator Forms Crypto Committee to Monitor Industry's Operation, Compliance
The committee was established by the Commodity Futures Trading Supervisory Agency, known as Bappebti, because crypto is considered a commodity in Indonesia.