Author: American Coins & Gold

Elon Musk Will Likely Remain Tesla CEO, and Tweet Non-Stop: Prediction Markets
Also: Trump faces likely conviction, per Polymarket punters; CFTC hearing to discuss political betting ban.

First Mover Americas: Bitcoin Nears ,000 Amid Strong Crypto Rebound
The latest price moves in bitcoin (BTC) and crypto markets in context for May 6, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Australian Court Hands Win to Market Regulator in Case Against Qoin Blockchain, But There is a Catch
An Australian Federal Court mostly ruled in favor of Australia’s markets regulator in its case against BPS Financial Pty Ltd (BPS) over its Qoin scheme, on Friday.

Less Than 10% of Stablecoin Transaction Volume Coming from Real Users: Report
Less than 10% of stablecoin transaction volumes are organic or come from real people, according to new findings by Visa and data platform Allium Labs, Bloomberg reported.

Protocol Village: Volta, Creator of Multisig Non-Custodial Platform, Raises .1M
The latest in blockchain tech upgrades, funding announcements and deals. For the period of May 2-8.

Protocol Village: Coinbase's Base Plans M 'Onchain Summer II'
The latest in blockchain tech upgrades, funding announcements and deals. For the period of May 2-8.

Grayscale's Bitcoin ETF Sees First Inflow After Billions Lost Since January
GBTC, the biggest spot bitcoin ETF, has seen its assets under management lead over BlackRock’s IBIT shrink.

Former Cred Executives Indicted on Wire Fraud, Other Charges
Daniel Schatt, a Cred co-founder and former CEO, Joseph Podulka, former CFO, and James Alexander, the former chief capital officer, were indicted by the U.S. Attorney’s Office in the Northern District of California.

BTC-e Operator Alexander Vinnik Pleads Guilty to Money Laundering Conspiracy Charge
Alexander Vinnick, the Russian national who was one of BTC-e’s operators, pled guilty to conspiracy to commit money laundering for his role with the crypto exchange.

Full Transcript: Why MoonPay and PayPal Partnered to Expand Crypto Adoption in the U.S.
MoonPay co-founder and CEO Ivan Soto-Wright joins CDTV’s “First Mover” to discuss MoonPay’s recent partnership with PayPal.