Author: American Coins & Gold

Galaxy, Lightspeed Lead M Raise for Turnkey, Crypto Wallet Startup From Former Coinbase Employees
The company from ex-Coinbase employees aims to help developers build better blockchain wallets.

First Mover Americas: Venezuela Looks to Tether for Oil Sales as Sanctions Return
The latest price moves in bitcoin (BTC) and crypto markets in context for April 23, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Akash Network’s Token Surges 50% on Upbit Listing
The decentralized cloud computing company also announced its ‘Akash summit’ on Monday, which will take place before Consensus.

Bitcoin's 200-Day Average Is Approaching a Record High; Here's Why It Matters
The 200-day simple moving average is one of the most widely tracked indicators of the long-term trend.

OP, YGG Feeling Sell-Side Pressure as Unlocks Loom
DYDX also has a large unlock scheduled but is not experiencing the same pricing pressure.

Crypto Trader FalconX Unveils Institution-Friendly Custody, Trading and Credit Services
Derivatives exchange Deribit is the first to integrate FalconX’s Prime Connect.

Ripple Says M Penalty Enough, Rejects SEC’s Ask of .95B Fine in Final Judgment
Ripple Labs filed its opposition on Monday against the U.S. Securities and Exchange Commission’s (SEC) proposal to ask a New York judge to impose a nearly $2 billion fine against the company behind the XRP Ledger blockchain.

Bitcoin's Post-Halving Demand to Be 5x Greater Than Supply, Bitfinex Estimates
The new BTC supply added to the market could drop to $30 million per day, according to Bitfinex.

Venezuela Looks to Tether to Bypass Sanctions: Reuters
Venezuela’s state-run oil company started experimenting with Tether in 2023.

Bitcoin Eyes K After Halving as Altcoins Primed for Short Squeeze, Hedge Fund Says
Crypto-focused stocks also bounced higher, led by bitcoin miners Riot Platforms and Hut 8.